Ad Top Banner
Super User

Super User

Hyphen Hydrogen Energy (Hyphen) has signed non-binding Memorandums of Understanding (MoUs) with two major industrial companies with the aim of providing them with up to 750,000 tonnes of green ammonia annually.

Namibia’s small to medium enterprises (SMEs) have so far accessed only 1.28% of the N$500 million Covid-19 loan scheme due to stringent qualifying criteria, high lending rate and poor visibility and reach of the scheme among others, it has been found.

Namibian businesses and individuals have racked up debt of over N$110.5 billion as of December 2022, according to the latest Private Sector Credit (PSCE) figures.

Deep Yellow’s expected capital investment in the Tumas uranium project in Namibia has increased to N$6.4 billion (US$372 million) from N$4.7 billion estimates in 2021, according to its latest definitive feasibility study (DFS).

The Meat Corporation of Namibia (Meatco), is facing significant financial challenges, according to a recent organisational review conducted by consultancy firm Ombu Capital.

Namibia’s trade with the rest of the world totalled N$225 billion last year compared to N$161.1 billion recorded in 2021.

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine. 

CryptoConvert has announced that its CryptoQR platform is now active at all Pick n Pay stores around South Africa, allowing shoppers to pay with Bitcoin using the Lightning network.

Andrada Mining Ltd. said Thursday it had found significant pegmatite mineralization, as well as some lithium mineralization at its Uis mine in Namibia as part of its lithium and tantalum drilling program.

Oryx Properties says it is not in a position to buy the Grove Mall, which is reported to be on the market at a N$1.8 billion valuation.

Page 1 of 216