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Rising Concerns over Cervical Cancer in Namibia
Jeremiah Joseph The Ministry of Health and Social Services has raised alarms over the rising number of cervical cancer cases in the country with over 130 women reportedly dying from the disease annually. According to the Ministry, about 236 Namibia women are diagnosed with cervical cancer annually Health’s Deputy Minister Esther Muinjangue emphasised […]
O&L Leisure Unveils Luxury Fleet at Mokuti Etosha
Staff Writer O&L Leisure has unveiled an impressive fleet of premium Land Cruisers at Mokuti Etosha, marking a strategic move to offer exclusive nature-based experiences in line with its new premium positioning. Sven Thieme, O&L’s Executive Chairman and Acting Managing Director, provided insights into the initiative, emphasising that investments in premium products go beyond […]
NSA to Launch Reconciliation Operation This Week
By: Dolly Menas The Namibia Statistics Agency (NSA) is set to initiate a reconciliation process this week to address any disparities in the data captured during the 2023 Population & Housing Census. This operation is scheduled to last for two weeks, during which NSA officials will revisit households with individuals whose details, as […]
Record High in Coal-Generated Electricity in 2023
By: Nghiinomenwa-vali Erastus An analysis by Reuters researchers reveals that global electricity generation from coal reached unprecedented levels in 2023, with thermal coal exports surpassing 1 billion metric tons for the first time. These findings shed light on the persistent growth of coal use in power systems, despite widespread commitments to reduce […]
Namibia Welcomes ICJ Ruling, Urges Compliance
By: Justicia Shipena Namibia has welcomed the recent International Court of Justice (ICJ) ruling on South Africa’s case against Israel, acknowledging a plausible risk of genocide in Gaza by Israel. The ICJ has ordered Israel to try to contain death and damage in the besieged Gaza Strip, but has not ordered a ceasefire. […]
Over 150 000 Cattle Exported on the Hoof…northern abattoirs only slaughtered 4,005 cattle in 2023
By: Nghiinomenwa-vali Erastus In 2023, Namibia’s livestock sector marketed a total of 294,938 cattle across various channels. Out of this, 151,808 were exported live on hoof to neighbouring SADC member states, while 104,549 were slaughtered at local A-class abattoirs, and 38,581 were slaughtered at various B & C class abattoirs nationwide. This […]
Mining Sector Not Dominated by Chinese Investors, says Alweendo
By: Justicia Shipena Mines and Energy Minister, Tom Alweendo, has refuted claims suggesting that the mining sector is predominantly controlled by Chinese investors. Addressing the issue in a recent interview with Eagle FM, Alweendo dismissed the perception of Chinese dominance in the industry, asserting that such beliefs lack merit. Alweendo emphasised that […]
Meatco Criticised for Underselling Beef on Foreign Markets
By: Justicia Shipena Economist Salomo Hei says the practice of underslling beef on the international markets employed by the troubled Meat Corporation of Namibia (Meatco) is a detrimental business approach. The Bank of Namibia (BoN) recently disclosed that Meatco has been selling its products at lower prices globally than its domestic counterparts, sparking […]
TransNamib Hunts for a Lender’s Technical Advisor
By: Hertha Ekandjo TransNamib is in the process of appointing a Lender’s Technical Advisor to facilitate the finalisation of the N$2.6 billion loan it secured from financial institutions two years ago. The state-owned rail operator secured nearly two years ago with the Development Bank of Namibia (DBN) and the Development Bank of Southern Africa […]
Paladin Energy Gets N$2.8 Billion Loan to Restart Langer Heinrich Mine
By: Staff Writer Australian mining company Paladin Energy has secured a N$2.8 billion syndicated debt facility in preparation for the restart of the commercial production at its Langer Heinrich uranium mine in the Erongo region. The debt facility was orchestrated through Nedbank Limited, operating via its corporate and investment banking division (Nedbank CIB), […]