Diamonds and fish contributed 21.7% and 16.9% respectively to the country's exports during the month of April 2023, contributing to the improvement in Namibia's trade balance compared to the previous month.

The Minister of Finance and Public Enterprises Iipumbu Shiimi has on Tuesday summoned NamPower's management and board to discuss how to avert the electricity suspension which was deployed in northern and southern parts of the country, as a debt recovery mechanism.

Langer Heinrich Uranium Mine (LHM) has commenced the Environmental Clearance Certificate (ECC) renewal process, a significant step towards resuming production.

The Namibia Revenue Agency (NamRA) is eyeing to collect about N$12.3 million from 258 vehicles which were seized after having been smuggled and fraudulently registered in the country.

As the shift towards a green hydrogen economy makes headlines around the world, Africa is fast entrenching its place as a significant supplier of the new energy resource.

Finance and Public Enterprises Minister Iipumbu Shiimi has intervened in the power disconnection issue faced by defaulting Local Authorities (LAs) and has requested NamPower to halt the disconnection process.

Rössing Uranium recorded an after-tax profit of N$840 million in 2022, an increase from N$193 million in the previous year, according to the company's latest sustainability and performance report.

India says it is keen on exploring investment opportunities in Namibia’s oil and gas sector as the two countries deepen bilateral relations.

The European Union (EU) has donated 10 vehicles worth N$6.5 million to the Ministry of Agriculture, Water and Land Reform meant to facilitate the mapping and verification of communal land rights in Namibia.

NamPower still plans to switch off 14 defaulters including eight regions under the Northern Regional Electricity Distributor (Nored), signifying how serious it is in recouping approximately N$1.5 billion owed to the national power utility.