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Author: Musa Carter

Airbus ‘Eyes’ to monitor key elements of preferential sectors in local economy

The space wing of Toulouse-based aircraft manufacturer,  Airbus and the Namibia University of Science and Technology (NUST) agreed to collaborate in establishing a Virtual Space Data Centre in Windhoek to assist the country in monitoring and growing key elements of its economy. The agreement signed between Airbus and NUST last week, is to establish a Virtual Space Data Centre, which, through imagery supplied by a constellation of Airbus satellites, will enable the creation of a geo-intelligence database for the Namibian government and other users working in a wide range of spheres including agriculture and food security, transport, infrastructure, environment,...

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Optimism surrounds commodity prices – more mines in pipeline

Chamber of Mines, chief executive officer, Veston Malango said despite the global economic downturn, he is confident that commodity prices are likely to recover as positive signs were witnessed in 2016, particularly for base metals. Malango this week said he believes that the worst of the commodities slump is over and with the many mines that came online in the last two years, gold and copper production has trebled, contributing to the growth of the industry and underpinning the national economy. “We trebled gold production in the last 2 years due to the production at B2Gold’s Otjikoto Mine. Gold...

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Chinese rice experts complete first phase of South to South Cooperation

The Minister of Agriculture, Water and Forestry, Hon John Mutorwa, this week said that the first phase of the project under the South to South Cooperation tripartite agreement was successfully implemented and has achieved its objectives. According to Mutorwa, the 15 experts in the agricultural field from China that were deployed to Namibia under this agreement have done an excellent job and his ministry is indeed satisfied with their work performance. Mutorwa said this at an event where the ministry and other partners officially bid farewell to the 15chinese agriculture experts. They are part of the Tripartite Agreement on...

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Construction in dire straits, more lay-offs forced by 10% minimum wage increase

Retrenchments in the beleagured construction industry will continue as a result of the enforcement of the 10% increase in the minimum wage. Construction companies are at the edge of the precipice, many of them being forced to lay off more people so that they can pay the few remaining workers 10% more. The industry which is already in turmoil due to government budget cuts last year, is now at the point where skilled labour will be lost indefinitely. The 2-year collective agreement which stipulates a 10% increase in minimum wages is now threatening the employment status of all those...

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Husab produces its first uranium. Ramp-up set to boost export revenues

Swakop Uranium, the operator of the Husab uranium mine produced its first drum of uranium oxide concentrate less than a month ago at the end of December 2016. The mine is a few months behind schedule as first production was initially scheduled for September last year. For this year, optimization of the plant will continue and throughput will progressively be ramped up to the target production of 15 million pounds of uranium oxide (U3O8) per year, according to Husab’s Brand Manager, Beata Muteka. Muketa said that December’s first product is a precursor to commercial production, adding that the mine’s...

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New processing technology reduces operating costs at Namibian uranium projects

Australian Stock Exchange-listed uranium miner, Marenica Energy has now commenced studies to apply its proprietary processing technology, U-pgrade, at the Marenica Uranium project, the Australian miner’s majority-owned uranium deposit at Trekkopje in the Namib desert. Announcing the move this week through the stock exchange news service, Marenica said a scoping study was completed on the project in 2011, since then the company has developed its processing technology, U-pgrade, providing the potential to halve process operating and capital costs at its Namibian mine. After the scoping study, testwork on Marenica’s game changer U-pgrade technology was concluded towards the middle of...

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National Scientific Forum for Cuban professionals set for weekend

The National Scientific Forum will be held on Saturday, 21 January at the Windhoek Country Club, with a representation of Cuban professionals in Namibia, who will present scientific lectures related to their current work in the country. The areas under focus at the Forum will include health, construction, architecture, planning and aquaculture. The scientific lectures are going to be presented in English language and among the authorities invited are the Minister of Health and Social Services, the Minister of Urban and Rural Development and other specialists linked to those areas. Deputy Chief of Mission of the Cuban Embassy in Windhoek, Fakri Rodriguez Pinelo this week told the Economist that the purpose of the forum is for Cuban professionals working in Namibia under government to government agreements present the results of their daily work in the country and propose ideas to solve the identified challenges. According to Pinelo, there are about 120 Cuban professionals in the country of which the bulk are in the health sector. “We follow specific scientific research techniques to do the presentations and elaborate, on our conclusions. These scientific forums are a tradition in Cuba for professionals in most fields,” he added. Pinelo added that the forum helps to keep the Cuban community linked to research and development in order to further improve their work in Namibia and their respective fields He said that after each...

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SA travel giant, Flight Centre opens its doors in Windhoek

Both frequent and occasional travellers are set to benefit from the arrival this week of the largest South African travel agency, Flight Centre Travel Group. In Namibia, the company is partnering with Avis Car Hire, to add car rental to prospective travel iteneraries. For the past month, Flight Centre has aggressively promoted its arrival by erecting hundreds of outdoors advertisements on street lamp poles along Windhoek’s main traffic arteries. Flight Centre Travel Group officially opened a branch on Thursday afternoon located in Maerua Lifestyle Centre in Windhoek. At the opening, Managing Director Andrew Stark said the Windhoek office will...

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