The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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March 22, 2023
Companies (1355)
Namibia's Communication Regulatory Authority (CRAN) has launched an auction to assign 4G and 5G spectrums in an effort to enhance internet access, affordability, and speed for the majority of the country's population.
The rising focus on the growth of the agricultural sector in the country, has sparked an increasing need for individuals, entities, and SMEs to access instruments from lending institutions such as Agricultural Bank of Namibia to set up, upscale or re-invest in their Agribusinesses.
The Oshana Region, which is among the flooded regions in northern Namibia, is plagued with severe shortage of grazing land and waterborne diseases attacking livestock since the start of the floods early January.
The government is planning to lift the ban on timber harvesting and transportation to allow communities to benefit from the natural resource.
Namibia Competition Commission (NaCC) has reached a settlement with PG Glass and five pharmacies for engaging in uncompetitive behaviour in their respective sectors. The entities have forked out over N$1 million as part of the settlement.
Northern Graphite to start production at Okanjande Mine in mid-2024
February 17, 2023
Northern Graphite Corporation has announced plans to start production at its recently acquired Okanjande mine in mid-2024, with a projected output of 30,000 tonnes per year of graphite.
Fitch Ratings affirms Namport's credit profile with a stable outlook
February 17, 2023
Namibian Ports Authority (Namport) has received an affirmation of its National Long-Term Rating at 'AA+(zaf)' with a Stable Outlook, and its National Short-Term Rating at 'F1+(zaf)' by Fitch Ratings, a global ratings agency.
The Monetary Policy Committee (MPC) of the Bank of Namibia (BoN) held its first meeting for the year increased the repo rate by a further 25 basis points to 7%, in line with analysts’ forecasts.
Alpha Namibia Industries Renewable Power Limited (ANIREP) on Thursday signed a Power Purchase Agreement (PPA) with Dundee Precious Metal Tsumeb to generate 25.719MWdc through renewable solar pv power.
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Namibia still has a long way to go to make housing more affordable for all, Minister of Urban and Rural Development Erastus Uutoni has said.
The Agricultural Bank of Namibia (AgriBank) has so far provided funding of N$154.7 million in loans to farmers in the two Kavango regions.
The National Housing Enterprise (NHE) is urging Windhoek residents living in informal settlements to register for the construction of affordable homes.
