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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May 30, 2023
LatestNews (135)
Mines and Energy Minister Tom Alweendo says the government is in talks with Total Energies and Shell, who recently discovered oil off the coast of Namibia, to base their operations at Luderitz and not Walvis Bay.
The Ministry of Mines and Energy says Namibia has enough fuel, including diesel, to meet increased demands, amid production target cuts announced by the Organisation of the Petroleum Exporting Countries (OPEC).
The Agricultural Bank of Namibia (Agribank) is set to dispose of its ownership in the Witvlei Abattoir located in the Omaheke Region after five buyers lined up their bids.
Namibia’s mining production targets for 2023 are under threat from the continued rise in fuel prices, the Chamber of Mines of Namibia has warned.
Namibia’s trade with the European Union has reached a cumulative N$33 billion over the last decade after the country exported goods worth N$24.4 billion to the bloc with imports valued at N$9.2 billion, statistics shared by the Delegation of the European Union to Namibia show.
Road Fund Administration (RFA) CEO Ali Ipinge on Tuesday says the organisation has identified 23 road sections for the establishment of tollgates in Namibia.
Foreigners residing and working in Namibia owe the country’s banks N$7.6 billion as of September 2022, latest figures from the Bank of Namibia show.
Osino Resources has received a provisional confirmation from the Ministry of Mines and Energy for a 20-year mining licence for its Twin Hills gold project.
Namibia has provisionally agreed on a deal with the European Union (EU) to sell its rare earth minerals, critical to the renewable energy sectors, Mines and Energy minister Tom Alweendo has said.
The Agricultural Bank of Namibia (Agribank) is suing its former board chairperson, Michael Iyambo, and his companies over failing to settle N$55.8 million loans.
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The World Bank has slashed Namibia’s economic growth for this year and painted a gloomy picture about the country’s public debt.
Namibia is experiencing an upsurge in the cases of H1N1 influenza with 54 confirmed cases out of a total of 190 suspected countrywide, the Health and Social Service Ministry revealed.
TransNamib executives and staff who were flagged in a forensic report done by auditing firm Ernst and Young (E&Y) are now off the hook after the Anti-Corruption Commission (ACC) cleared them from any corrupt practices.
Namibia will miss its target of becoming a fully-fledged industrialised country by 2030, Chairperson of the parliamentary standing committee on Economic and Public Administration Natangwe Ithete, has warned.