Shoprite Namibia employees are expected to cash in on the retailer's new N$8.9 billion black economic empowerment (BEE) deal.

Alpha Namibia Industries Renewable Power Limited (ANIREP) has secured a new contract to construct and operate a 18.5 megawatt (MW) solar plant to be located at Kokerboom in Keetmanshoop.

The Solidarity Union and the Namib Mills on Thursday agreed to a two-year salaries deal that will see all employees getting a 7.5 percent increment for the period of July 2021 to June 2023.

Listed Australian uranium development company Bannerman Energy is set to acquire a 41.8% stake in Namibia Critical Metals Inc (NMI) from PhilCo 192 and Adventure Resources for N$81.1 million.

The Bank of Namibia (BoN) has announced the appointment of Herman Shilongo to the Namibia Deposit Guarantee Authority board for a period of five years and Florette Nakusera as administration head.

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