Namib Desert Diamonds (NAMDIA) says the emergence of synthetic diamonds does not threaten the viability of the country’s diamonds in the sector. 

The Ministry of Finance and Public Enterprises Deputy Minister Maureen Hinda-Mbuende says the much-touted establishment of the Public Enterprises Holding, an entity sought to administer all state-owned enterprises (SOEs), will not solve the dilemma of corruption and mismanagement perpetuated at some institutions.

Botswana Stock Exchange-listed, Choppies Enterprises Limited (Choppies), recorded a 60% increase in sales in Namibia for the year ended on 30 June 2023 attributed to strategic moves, including the opening of new stores during the year.

The Minister of Finance and Public Enterprises, Iipumbu Shiimi says Namibia has the potential to be a major exporter of green hydrogen.

TotalEnergies announced positive results on Wednesday from the Venus-1A appraisal well, situated in Block 2913B, approximately 13 km north of the Venus-1X discovery well.