LatestNews (150)

The Namibian Ports Authority (Namport) is targeting to start port expansion at Lüderitz next year to facilitate the implementation of the country's impending oil and gas developments. 

The Ministry of Health and Social Services says it has directed N$3.37 billion on capital projects out of a total allocation of N$75.41 billion over the past 11 years.

The International Monetary Fund (IMF) has recommended the Bank of Namibia to implement countercyclical capital requirements as a means to bolster the nation's economic stability.

De Beers' rough diamond production in Namibia remained flat in the third quarter (Q3) at 0.530 million carats compared to 0.531 million carats in the corresponding quarter of 2022.

Namibia is experiencing a surge in potato prices due to a local supply shortage, the Namibian Agronomic Board (NAB) says.

Of the eight most popular grocery Supermarkets in Windhoek, Choppies offers the cheapest basket of standardised groceries.

Andrada Mining (Andrada) says it has successfully completed the commissioning of its lithium pilot plant, a pivotal step towards optimising lithium extraction from its three mining licences. 

The City of Windhoek says it is working on a long-term proposal to write off debt for pensioners and interest for all residents.

The Capricorn Group has announced that its Group Chief Executive Officer, Thinus Prinsloo, will be leaving the group to assume a new role at Capricorn Investment Holdings (CIH), the largest shareholder in the group.

The uranium mining sector in Namibia is poised for a remarkable turnaround, with growth projected to reach 14.8% in 2023 and an additional 5.2% in 2024, according to the latest Bank of Namibia data.

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