Standard Bank Namibia Holdings has announced the appointment of Nelson Lucas as Acting Chief Executive, effective from 24 May 2023, for a period of six months.

The Namibian Competition Commission (NaCC) says it has noticed a significant rise in the number of merger cases brought before the regulator and anticipates further increases.

The Government Institutions Pension Fund (GIPF) has paid out N$20 billion in the last five years to its beneficiaries, Prime Minister Saara Kuugongelwa-Amadhila has revealed.

The Cabinet has approved the government to enter into an agreement with Hyphen Hydrogen Energy, a company awarded the bid to develop green hydrogen projects in Namibia.

The Ministry of Environment, Forestry and Tourism (MEFT) has dehorned approximately 2,500 rhinos nationally and spent over N$60 million in a decade in the exercise aimed at curbing poaching.

The University of Namibia's School of Dentistry has achieved a significant milestone in the country's healthcare sector by graduating its inaugural cohort of 16 dentists.

Andrada Mining says its N$100 million senior debt facility from the Development Bank of Namibia (DBN) is expected to reach a contractual close at the end of May 2023 with the potential first drawdown in June 2023.

Puma Energy Namibia has become the latest entry into the Namibian lubricant market, with the launch of its own high performance new range.

NamWater's bulk water system has fallen short amid battles with local authorities who still owe the utility approximately N$1.5 billion.

Namibia’s beef exports declined 8% to 881,535kg during the month of April 2023 from 958,221kg recorded in the prior month attributed to an increase in local consumption.