– The Bank of Namibia says the country’s international reserves decreased to N$49 Billion as of 30 November 2023. BoN Governor Johannes !Gawaxab stated that the reserves mark a decline...
– The Ministry of Mines and Energy has implemented a new licensing procedure for mineral rights and petroleum upstream licences, marking a shift from the traditional open application system. Online...
– Windhoek Country Club Resort has notched up a N$69.2 million revenue surge year-on-year for the fiscal year 2023, culminating in a remarkable profit of N$15.3 million, the highest recorded...
– The City of Windhoek is set to write off N$524 million in interest accrued by residents’ debt providing much needed relief for individuals struggling to keep up with their...
– The Ministry of Finance and Public Enterprises maintains Namibians are not overtaxed as it may seem because if that were the case the Treasury could have been recording a...
– Namibia is targeting to convert more than 120 000 fuel combustion engine vehicles to use green hydrogen by 2030 as premised in the National Determined Contribution climate change strategy....
– President Hage Geingob has raised concern about the trade regulations of the Southern African Customs Union, saying in its current form, it does not allow for industrialisation. The President...
– The Ministry of Mines and Energy has since March this year ceased allocating the fuel levy to the National Petroleum Corporation of Namibia. NAMCOR’s Manager for Marketing, Communication and...
– The National Petroleum Corporation of Namibia has reported an unprecedented net loss of N$700 million, according to unaudited financial statements as of 31 March 2023. NAMCOR’s Acting Managing Director Shiwana...
– The Namibian Ports Authority is close to finalising 2 25-year concession agreement with Terminal Investment Limited (TIL), a subsidiary of the MSC Mediterranean Shipping Company, for the operation of...
– The Ministry of Finance and Public Enterprises says it is reviewing and reforming the country’s taxation policy, as it seeks to maximise taxes from the insurance sector, online magazine,...
– Namibia Water Corporation Ltd has unveiled plans for a large scale desalination and power plant project along the central coast, with an estimated investment of N$4.2 billion. The project,...
