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The UK Government has introduced a visa requirement for all Namibian nationals intending to travel to the United Kingdom, including those visiting the country, with immediate effect.

The Chamber of Mines says it has reached an agreement with the government that will see players in the country’s mining sector only complying with a minimum 5% shareholding in line with the proposed Namibia Equitable, Economic and Empowerment Framework (NEEEF).

 Johannesburg Stock Exchange-listed technology company, Altron, is now expected to complete the sale of its automated teller machine (ATM) business to US firm NCR after the Namibian Competition Commission (NaCC) approved the merger of two local entities related to the deal.

The Agricultural Bank of Namibia (Agribank) disbursed N$74.3 million in loans during the first quarter of the 2023/24 financial year, a spike of 40% when compared to N$46.9 million expended in 2022.

Andrada Mining says it has raised N$181 million through the issuance of loan notes for the mine's ongoing capital expansion project.

The Communications Regulatory Authority of Namibia (CRAN) has announced that it will lift a one-year suspension on the awarding of new telecommunication and broadcasting service licences later this year.

 The National Power Utility (NamPower) says it has scrapped its initial plan for a 40 megawatts (MW) wind power project at Rosh Pinah, opting for a N$1-billion solar photovoltaic plant with an increased generation capacity of 70MW.

The Namibia Statistic Agency (NSA) says it will in 2025 conduct a census on the agriculture sector in rural areas including forestry, fisheries and aquaculture, in collaboration with the United Nations' Food and Agriculture Organisation (FAO).

Africa has the potential to become a major player in the global green hydrogen economy, with the potential to generate more than 1 000 GW of renewable energy and could produce up to 5 000 megatonnes of green hydrogen a year at less than US$2/kg, says business advisory company Frost and Sullivan Africa energy consultant Patrick Prestele.

The Board of Trustees of the Government Institutions Pension Fund (GIPF) has appointed Onno Amutenya as the Acting Chief Executive and Principal Officer of the Fund for a period of six months, effective from August 5th, 2023, or until a substantive CEO/PO has been appointed.

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