Namibia and China on Thursday signed a Economic and Technical Cooperation Grant Agreement worth nearly N$1 billion.

Trigon Metals Inc. has announced that it will immediately draw down the first tranche of the credit facility of US$2.5 million after satisfying all of the conditions of a credit agreement with IXM SA for a US$5 million project finance facility for the restart of the Kombat mine.

Rössing Uranium has concluded negotiations for salary increments for the year 2022 and 2023 within a month of negotiating with the Mineworkers Union of Namibia (MUN) Rössing Branch Executive Committee (BEC).

China is set to donate 200 000 additional doses of Sinopharm vaccines to Namibia, Chinese Ambassador to Namibia Zhang Yiming announced on Thursday.

South Africa’s Old Mutual announced plans on Tuesday to expand its banking services and look at acquisitions, as the insurer positioned for recovery after a tough few years that have included absorbing higher-than-expected Covid-19 claims.

Zambia's central bank raised interest rates by 50 basis points to 9.0% to help bring down stubbornly high inflation, with price rises only seen falling back within the bank's target range in 2023, Governor Denny Kalyalya said on Wednesday.

Cape Town financial-technology provider Ozow says it plans to hunt for acquisitions as well as start services in Namibia, among three other African countries.

The United Kingdom and Namibia traded goods and services worth N$2.5 billion, an increase of 5.4%, in the period between the second quarter of last year and Q2 2021, figures released by the UK’s Department of International Trade show.

Government may release a second request for proposal (RFP) early next year for the development of another large-scale green-hydrogen complex, having announced a preferred bidder for the first such project in early November.

FirstRand Namibia has launched its FirstJob Internship Programme in line with the financial services group’s broader Namibian talent development drive, to address the cries of the many Namibian graduates without work and professional mentorship.