Category: Headlines
Lifeline for diamond industry as Namdeb extends current lifespan of mine by another 20 years
Namdeb Diamond Corporation on Thursday announced the approval of its long-term business plan,...
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Geingob as incoming SADC security Chair travels to Pretoria to discuss situation in Mozambique
The President, His Excellency Dr Hage Geingob (right) travelled to Pretoria on Monday to meet the...
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AfriTin Mining secures N$90 million loan facility with Standard Bank to fund expansion at Uis mine
African tin mining company, AfriTin has entered into a conditional, credit approved, lending...
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World’s biggest diamond mining vessel on its way to Cape Town before Namibian commissioning
The largest diamond recovery vessel in the world, Debmarine’s new AMV3, left the shipyard in...
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Local electricity generation declined by 24.9% in July
The country’s production of electricity stood at 48 192 MWh in July 2021, an almost 25% decrease...
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Government off the hook for Air Namibia lease guarantees
A month ago, at the end of July, the government paid N$1.6 Billion to Castlelake, an international...
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Largest proposed listing by a Namibian company since founding of local bourse – MTC set to go live
MTC’s primary listing on the main board of the Namibian Stock Exchange (NSX) has been approved by...
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Only 57 jumbos out of 170 sold through Ministry’s auction
The Ministry of Environment, Forestry and Tourism this week announced that they managed to...
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Financial Intelligence Centre working on introducing unexplained wealth orders in Namibia
In a move to further prevent financial crime, the Financial Intelligence Centre (FIC) is pursuing...
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Southern African diamond miners deliver polished performances in second quarter
De Beers’s production of rough diamonds increased by 134.3% to 8.2 million carats in the second...
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Another large consignment of medical supplies arrived this week from Germany
The combined value of all German assistance to Namibia in the fight against the Corona virus, is...
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Population census postponed to August 2022
The Namibia Statistics Agency this week confirmed that the Population and Housing Census,...
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