By: Staff Writer The Windhoek Municipality faces an imminent threat of escalating water scarcity, with consumption rates soaring by 10%, rather than achieving the targeted 10% reduction. This worrying trend could prompt the declaration of a more severe water scarcity category, potentially leading to a full-blown water crisis. In June 2023, the City […]
By: Staff Writer Following the conclusion of the two-day Sasscal-organised Green Hydrogen Symposium in Windhoek this week, the first cohort of students in the green hydrogen scholarship program will be departing for Germany, with others set to follow later. This initiative is made possible through an N$800 million grant funding from the German […]
By: Staff Writer Florian Hartzenberg has achieved a significant milestone by becoming the first professional accountant in Namibia to acquire both the Chartered Accountant, Namibia (CA(NAM)) and Chartered Global Management Accountant (CGMA) designations. This accomplishment follows the collaborative efforts between the accounting bodies, particularly the Membership Pathway Agreement established between the Institute of […]
By: Staff writer There is a need for SADC tourism operators to urgently embrace digital transformation if the region wants to remain competitive, according to a new skills audit report from the SADC Business Council. The widespread adoption of digital technologies and online platforms has become integral to tourism operations worldwide. However, many SADC […]
By: Staff Writer Canadian junior gold exploration company Sylla Gold has acquired four of Namibia Critical Metals’ non-core gold properties located in Namibia. As part of the acquisition, Sylla will issue Namibia Critical Metals 3,000,000 common shares at a deemed issuance price of $0.05 per common share and pay Namibia Critical Metals N$1.3 […]
By: Staff Writer President Nangolo Mbumba has announced that the government has earmarked N$8 million in the 2024/2025 fiscal budget to breathe new life into the Kalimbeza National Rice Project. Mbumba disclosed this during Thursday’s Independence Day celebrations in Katima Mulilo, Zambezi region. The government, he said, has also “approved that a sugar […]
By: Staff Writer Logistics experts have highlighted that African ports, including those in Namibia, are failing to capitalise on the increased ship traffic steering clear of attacks by Houthi rebels in the Red Sea. The continent’s inefficient and ageing ports lack the capacity to accommodate the heightened volumes, experts noted. “Most ports in […]
By: Staff writer Andrada Mining has initiated studies for a comprehensive integrated processing plant aimed at producing petalite concentrate alongside its tin and tantalum production operations. In November last year, the company commissioned a pilot project at its Uis lithium mine, subsequently reporting 10 tonnes of lithium concentrate. This production is anticipated to […]
By: Staff Writer Andrada Mining’s subsidiary, Uis Tin Mining Company (UTMC), has secured a conditional credit-approved funding agreement of N$175 million with Bank Windhoek, marking a significant milestone for the company’s expansion plans. This new loan agreement will replace UTMC’s existing banking facilities of N$111.3 million with Standard Bank Namibia, which were secured […]
By: Staff Writer Namibians are increasingly turning to campsites for their tourism experiences as occupancy rates at hospitality establishments continue to dwindle, dropping to 23.1% last month from 24.9% in January and 33.0% in February 2023. The allure of more affordable options seems to be the driving force behind this shift, prompting locals […]