By:Staff writer Golden Deeps Ltd, an emerging explorer-developer focused on the world-class Otavi Mountain Land copper district of Namibia, has produced high-grade battery metal concentrates in metallurgical test work on samples from the Abenab vanadium-lead-zinc project in Namibia. The company announced the results which represent a critical step towards producing high-value vanadium with zinc, lead […]
By:Nghiinomenwa-vali Erastus The lack of alternatives for long travel in the country has seen bus operators charging exorbitant prices during the end of the festive period until TransNamibia decided to chip in. Various holidaymakers and schoolkids were stranded in the northern regions due to inadequate long-distance transport. In response to the stranded holidaymakers, bus owners […]
By:Staff Reporter Canadian-based international mining company, Dundee Precious Metals says its Tsumeb zinc smelter has missed its 2022 production guidance. The company announced preliminary production results from both of its mines in Bulgaria and the Tsumeb smelter for the three and twelve months ended December 31, 2022. In the fourth quarter, the Tsumeb smelter processed […]
By:Megameno Shinana The Swapo Party Youth League (SPYL) has lashed out at the now defunct Air Namibia’s liquidators for selling off some aircrafts to WestAir while ex-workers of the national airline have bemoaned being kept in the dark about the purchase. SPYL’s Ephraim Nekongo said that the transaction reinforces the suspicion that Air Namibia was […]
By:Justicia Shipena Namibia Price Consumer Index (NCPI) bulletin for December 2022 shows that prices for the operation of personal transport equipment increased by 22.6%. Last week, the Namibia Statistics Agency (NSA)released its NCPI bulletin for December last year. The increase resulted mainly from price increases recorded in lubrication which jumped from 3.0% to 11.2%. “Prices […]
By:Nghiinomenwa-vali Erastus For the past two years, the country’s power utility NamPowerhas sourced electricity from local Independent Power Producers (IPPs) worth N$920 million. According to updates received by The Villager from NamPower, the power utility has indicated that it has signed 19 power purchasing agreements (PPAs) with local IPPs to enable more local electricity generation […]
By:Josef Kefas Sheehama At least 70% of Namibians depends on agriculture for employment, income and food security. Yet the value added to the sector in the third quarter (Q3) of 2022 was about N$3.2 billion in nominal terms, representing 6.4% of GDP, says the Namibia Statistics Agency. The growth rate of the agriculture sector has […]
By:Gabriel Kandjengo kaMkwaanyoka For the third quarter of 2022, the livestock and crop sub-sector, which made up the agricultural sector, managed only to contribute 3.4% and 0.4% to the country’s three months output. Mind you, the quarterly GDP was valued at N$35,5 billion. So now take your calculator and calculate the contribution of the agricultural […]
By:Staff writer A US-based financial website has placed Namibia among the 12 most advanced countries in Africa able to use their natural resources to boost their economies. A recent report posted on its website, Insider Money, an organisation headquartered in New York, based its finding on the 2022 World Intellectual Property Organisation’s Global Innovation Index […]
By:Staff writer Namibia’s ministry of mines and energy petroleum commissioner will lead discussions on investment and opportunities emerging across Namibia’s energy landscape The African Energy Chamber (AEC) on Monday announced that Namibia’s petroleum commissioner Maggy Shino will speak at the Invest in African Energy New Year Reception in London on January 26. Leading discussions on […]