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The Namibian Stock Exchange (NSX) has launched a bond trading system, a development expected to boost the capabilities of the exchange to facilitate safe and regulated trading in Namibia's bond market.

Osino Resources Corp. (Osino) has successfully completed a strategic bookbuild to raise N$38 million from Namibian investors for gross proceeds of up to US$3 million.

Navachab Gold Mine (Navachab) has announced a substantial investment of N$2.1 billion in procurement, with a strong focus on local suppliers and infrastructure development. 

Jabu Logistics was awarded the Best Capital Raisings award at the Namibia Top Companies Awards, having raised N$284 million last year.

Namibia registered a record number of 9,848 vehicles sold between January and September this year, marking the highest sales since 2017, official figures reveal. 

Telecom Namibia (Telecom) says it has approved a 4% wage increment to its employees effective October 2022.

Build It emerged as the most cost-effective option for October, with an overall basket cost of N$7,761.74, marking a 6.79% decrease compared to the previous month. This significant decrease can be attributed to a notable drop in the price of their paint product substitute, which went from N$1,695.1 to N$1,057.1.

Andrada Mining has commenced its initial exploration program for the Brandberg West exploration license in Namibia.

Namibia expects the first oil from major offshore finds by 2030 and is considering a Floating Production Storage and Offloading (FPSO) platform, an official has revealed.

Namibia’s foreign direct investment (FDI) surged to N$7.6 billion (US$400 million) in the second quarter of 2023 from N$6.2 billion (US$330 million) in the first quarter, setting a remarkable milestone in capital inflows.

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