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Africa Oil Focuses Nigerian And Namibian Orange Basin Assets
The Canadian full-cycle upstream oil and gas company is maintaining its primary focus this year on its Nigerian and Namibian Orange Basin assets Africa Oil Corp is a top-tier performer with high-quality producing assets and a strong balance sheet. Equally important, the Canadian oil and gas company is a promising way to play the oil patch […]
Border Closed For A Variety Of Veggies
Local production for butternuts, green and coloured pepper, cucumber, pumpkins, sweet potato, and plum tomato will be sufficient for local demands for the period of April 2023. Thus, the border will be closed for the importation of the seven fresh produce, according to projected production statistics submitted to the Namibia Agronomic Board (NAB). The NAB […]
Kavango East/West Farmers Welcome Rundu Abattoir Opening
By:Annakleta Haikera The Kavango East and West farmers unions are happy with the prospects of livestock marketing following the opening of the Rundu Abattoir. The farmers expressed their excitement during a consultative meeting held on Wednesday with the Meat Cooperation of Namibia (Meatco). Meatco’s bid to manage the government abattoir was successful, and it is […]
Holiday Repayments In 2022 Receive Over 100 000 Applications
By:Justicia Shipena In 2022, the banking industry received over 100,000 applications for repayment holidays, the Bank of Namibia (BoN) revealed last week. “During 2022 the banking industry received a total of 122,819 applications for repayment holidays,” said Kazembire Zemburuka, the BoN’s Director of Strategic Communications and International Relations . Zemburuka said the value of loan […]
Seibeb Calls On Lithium Factory To Be Established In Uis …says Namibia should impose moratorium
By:Justicia Shipena Landless People’s Movement (LPM) member of parliament Henny Seibeb has called for a community owned lithium factory to be established in Uis, with 60% shares. Seibeb also proposed the imposition of an embargo on the lithium industry. Located in the Erongo region and housing a population of roughly 3,600 people, Uis has been […]
Namibia Cuts HIV Infection … only 8.54% of Namibians living with HIV
By:Uakutura Kambaekua HIV prevalence in Namibia fell gradually from 14.4 % in 2002 to 8.54 % in 2022, a downturn that has been largely driven by the steady scale-up of antiretroviral therapy (ART), and an early and continuous partnership withthe World Health Organisation (WHO), other UN agencies, various development partners, civil society and communities. Since […]
N$1.8 Million Donated To Malawi Not A Problem – Analyst
By:Justicia Shipena International relations analyst Marius Kudumo says there is nothing wrong with Namibia donating money to Malawi for humanitarian assistance. On Thursday, Minister of Information and Communication Technology Peya Mushelenga announced that Cabinet has approved a donation of U$100,000 (N$1.86 million) to Malawi for humanitarian assistance. Mushelenga said the donation is to assist victims […]
42% Major Sectors Reportedly Back To Pre-Pandemic Levels …as risk of economic growth remains
By:Justicia Shipena Only 42% of major sectors have recovered back to pre-pandemic levels, according to the economists at Simonis Storm Securities. The Covid-19 pandemic which did not only affect major sectors but livelihoods was recorded in Namibia in March 2019. The financial research firm recently released its report on the first quarter of 2023. “Taking […]
MUN Rejects Rössing Mine Plans On Outsourcing Employment …says it could see 400 workers lose jobs
By:Justicia Shipena The Mineworkers Union of Namibia (MUN) has rejected the life of mine extension by Rössing Uranium. MUN expressed its dissatisfaction and unequivocal discontentment with the manner in which management of the uranium mine is handling the issue of life of mine extension. MUN Erongo Regional Coordinator George Ampweya said the life of the […]
NIPDB Attracts N$161 Billion Worth Of Investors
By:Hertha Ekandjo The Namibia Investment Promotion and Development Board (NIPDB) said, in its first year of operation, it has attracted N$161 billion worth of potential private investors, with the potential to create 122,000 jobs. It said N$93.5 billion worth of these are almost at the stage of finalising investing decisions, while those operating are valued […]