In a boost to a depressed economy, Debmarine Namibia, a 50/50 joint venture between the government and De Beers Group, has announced a N$7 billion investment into a new vessel, AMV 3.
Companies that lost out on the lucrative government diamond valuation deal are set to challenge the decision by the Central Procurement Board of Namibia, the Windhoek Observer has established.
Following the declaration of a state of emergency by president Hage Geingob earlier this week due to the drought situation, which for that matter is not a new thing but for a considerable spell now, close to four years that the country has been under a persistent drought, the Prime Minister on Tuesday announced a N$573 drought aid package in the National Assembly.
I have taken it upon myself to travel more around the country, visit more places as and when I can, and this is my experience on my maiden trip after that decision and I will be sharing more of my stories.
Bank Windhoek has become the first local Bank to introduce the Hey Jude App to the Namibian market.
Business Intelligence Africa (BIA) recently conducted an online Customer Satisfaction Survey of existing FNB customers using international benchmark standards.
Namibia and South Africa-focussed mining company, AfriTin Mining, announced the conclusion of an electrical power supply agreement for its mining and processing facility at the Uis Mine on Wednesday, as part of the first phase pilot plant project.
Rössing Uranium Limited says outlook for the uranium sector still remains uncertain with miners continuing to contain costs as Chinese nuclear plans remain key to the possible recovery of the sector.
“I did not do it, they got the wrong guy, I did not do it.”
These were the words of Ernst Litchenstrasser, the man accused of the Arandis murders of Namibian Institute of Mining and Technology (NIMT) Executive Director Eckhart Mueller and his deputy, Heimo Hellwig last month.