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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.

The high cost of recycling in Namibia has emerged as a major obstacle to the country's efforts to promote a circular economy and reduce waste, experts have said. 

Andrada Mining, an African technology metals mining company, has successfully listed its shares on the OTCQB, a US exchange.

The Namibia Post and Telecom Holdings (NPTH) has paid N$3.1 billion to the government, spanning over two financial years, 2021/22 and 2022/23.

Mobile Telecommunications Limited (MTC), has received provisional approval from the Bank of Namibia (BoN) for its subsidiary, Windhoek General Administrators (WGA), to issue electronic money in the country.

Fessor Mbango, the former CEO of Erongo Red, has been appointed as the new head of the Central North Regional Electricity Distributor (Cenored) effective from June 5th, 2023.

The National Petroleum Corporation of Namibia (NAMCOR) says it anticipates the country to commence oil production by 2029.

The share price of uranium developer Paladin Energy returned to around 68 Australian cents a share on Friday, after the Namibian government clarified that it would not be taking any stakes in existing mineral or petroleum licence holders.

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