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Namibia / Page 165
AfriTin Discovers More Lithium,Tin, Tantalum In Nam
By:Staff writer AfriTin Mining says its exploration activities in Namibia have confirmed the presence of significant lithium, tin and tantalum mineralisation. The exploration programme on its ML133 licence, located about 35 km from the company’s flagship Uis tin mine, started in the fourth quarter of 2021 and conducted over a 12-month period, included aerial surveys, […]
Poultry Products Imports Suffocate Local Production
By:Nghiinomenwa-vali Erastus The Namibia Agricultural Union (NAU), in its latest Third Quarter Agri-Review 2022, has revealed that the country has advanced in poultry products production, but the sector is under threat from a high influx of poultry meat and products, including eggs. Researcher Beata Xulu revealed in the report that the country’s poultry sector grew […]
Taxi Cabbie Scores Jackpot For His Honesty
By:Rudolf Iiyambo The fortunes of 29-year-old former Windhoek taxi driver Nicco Sibolile have only gotten better a month after he returned N$8000 to a customer who had forgotten her bag in his taxi last month. On Friday, Sibolile collected a N$20000 donation that was a generated from a Go Fund Me account from those who […]
Aupindi, Himarwa Fail To Make It To Politburo
By:Megameno Shinana Tobie Aupindi and Katrina Hanse-Himarwa’s failure to make it into the Swapo party politburo could be a cleansing exercise by delegates to rid the party’s structure of elements whose integrity has been put into question, analysts have reasoned. Himarwa is a convict who was found guilty of corruption leading to her losing her […]
Tributes Pour In For Businessman Daniel Augusto De Jesus
By:Annakleta Haikera Respected Rundu-based businessman Daniel Augusto De Jesus has died aged 73. De Jesus is the owner of Rundu OK Foods supermarket and hardware retailer Rundu Build It. He also owned the Grootfontein OK Foods and Nkurenkuru Market and employed more than 380 people. The entrepreneur died on 5 December at Grootfontein after a […]
Expected La Niña Year To Reduce Global Food Supply In 2023
By:Justicia Shipena AgriBank of Namibia says that adverse weather patterns could reduce crop yields in 2023. This week the bank released its monthly market watch for November focusing on food prices remaining high. According to the monthly market watch, a third La Niña year is anticipated which will potentially reduce yields of key crops in […]
NBL Generates N$1.82 Billion From Namibia Sales
By:Megameno Shinana The Namibia Breweries Limited’s (NBL) – a subsidiary of the Ohlthaver & List (O&L) Group – net revenue increased by 14.1% to N$ 3.021 billionfor the financial year ended 30 June 2022. This growth was predominately a result of the growth in volumes to South Africa, a 35% increase in royalty income from […]
Tourism Sector At Risk Of Experiencing Less Travellers – Brinkmann
By:Nguriye Katusuva Sense of Africa, the leading inbound destination management company in Africa, reckons that some of the anticipated risks for the tourism industry in the future are less travel by individuals. The company’s chief operations officer Paul Brinkmann said this at a two-day Namibia Tourism Board (NTB) symposium with ‘Re-imaging Stronger Together Spirit’ as […]
MTC Reports Jump In Profit On Strong Demand For Services
By:Hertha Ekandjo Mobile Telecommunications Company (MTC) has reported a profit after tax of N$793.04 million for the year ended 30 September 2022, compared to N$743.3 generated in 2021. This shows that the company’s profit went up by 6.7%. The company’s annual report for the just-ended September 2022 financial year reflects a total income of more […]
Resilient Agriculture Key To Attain GDP Growth Target
By:Josef Kefas Sheehama The gross domestic product (GDP) from agriculture in Namibia increased to U$2794.70 million in the second quarter of 2022 from U$1049.30 million in the first quarter of 2022, says the Namibia Statistics Agency. Namibia is a country where rural households depend heavily on agriculture and where farming systems are highly sensitive to […]