After a temporary setback caused by funding delays, construction at the N$300-million beef processing facility along the Windhoek-Okahandja highway has resumed. This was confirmed by Siegfried Schneider, the chairperson of Beef Value Chain Forum and Savanna Beef Operations, in a…
Matthew Dlamini
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Toyota’s growing interest in Namibia’s green iron production is set to boost the country’s automotive sector while supporting global carbon neutrality goals. The company has expressed interest in Namibia’s green iron production through HyIron and simultaneously announced plans to align…
Matthew Dlamini
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The Namibian Stock Exchange (NSX) has rebranded, and will now be trading as the Namibia Securities Exchange (NSX). The institution’s business administrator, Justina Nghinamanhu, shared this at the conclusion of the 2024 iteration of the NSX’s scholar investment challenge. The…
Matthew Dlamini
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Namibia’s exports to Türkiye dropped significantly despite trade between the two countries amounting to about N$299 million between January and September 2024. This is compared to N$312.85 million in 2023. This was said by Ministry of Industrialisation and Trade spokesperson…
Matthew Dlamini
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Namibia is set to import more than 340 000t of cereals during the 2024/25 marketing season. This is due to the drop in local production caused by severe drought this year. The bulk of these imports are white maize for…
Matthew Dlamini
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Tempers flared on Friday afternoon when Windhoek City Police officers swooped down on unsuspecting fruit and vegetable vendors outside a Windhoek supermarket. The vendors operating in the parking area across the road from the supermarket, claim the police confiscated the…
Matthew Dlamini
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Namibia borrowed a significant amount in October, issuing government debt securities totalling N$2.2 billion. However, due to the redemption of the GC24 bond, the overall increase in the country’s government debt was limited to N$956 million. The analysis says the…
Matthew Dlamini
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Canadian company Koryx Copper continues to raise additional funds for the development of the Haib copper project in southern Namibia. According to a statement issued by the company on Friday, the offering grossed US$5 200 892 (approximately N$93 million) from the…
Matthew Dlamini
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Namibia’s headline annual inflation rate for October 2024 stood at 3%, compared to 6% registered in October 2023. Zone 2, which includes the Khomas region, recorded the highest rate of 4.2%. This is noted by statistician general Alex Shimuafeni in…
Matthew Dlamini
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The B2Gold Otjikoto Mine continued to perform beyond expectations during the third quarter of 2024, producing 52 131 ounces of gold compared to 44 940 produced during the same period last year. This is contained in the company’s financial results…
Matthew Dlamini
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The B2Gold Otjikoto Mine continued to perform beyond expectations during the third quarter of 2024, producing 52 131 ounces of gold compared to 44 940 produced during the same period last year. This is contained in the company’s financial results…
Matthew Dlamini
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Farming couple Streicher and Hella Coetzee scooped the Livestock Producer of the Year 2024 award at a glittering gala dinner in Windhoek on Monday evening. They drove back home to their Okahandja farm with the top prize of a brand…
Matthew Dlamini
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