Ad Top Banner
Super User

Super User

Namibia’s uranium mining sector is expected to register positive growth in 2023 according to the Bank of Namibia (BoN).

Mines and Energy Deputy Minister Kornelia Shilunga says Namibia’s high exposure to international factors limits the government's options for introducing measures to curb steep increases in fuel prices.

At a time when the country’s trade deficit was worsening to N$3,3 billion from the revised deficit of N$619 million, Namibians were busy importing trousers and breeches from South Africa. 

The mobile development industry is evolving at an unbelievable speed. In fact, the global mobile development market size is expected to grow at a considerable compound annual growth rate of 11.5% from 2020 to 2027. 

Mobile Telecommunications Limited (MTC) has recorded a N$395.7 million after tax profit for the six months to 31 March 2022.

The Bank of Namibia says private sector loans increased by N$1.78 billion to N$116.2 billion in April.

The Electricity Control Board (ECB) has begun the hunt for a substantive Chief Executive Officer following the death of Foibe Namene last year.

Tullow Oil has agreed to merge with fellow explorer Capricorn Energy in a deal that would give the combined group a market value of almost £1.4 billion (€1.64 billion).

China's years-long lending spree in poorer countries, particularly in Africa, poses a "serious danger" that could plunge the world into the next financial crisis, German Chancellor Olaf Scholz has warned.

Hyphen Hydrogen Energy, the preferred bidder for a gigawatt-scale green hydrogen-to-ammonia project near the coastal town of Luderitz, in Namibia, is aiming to conclude an implementation agreement with government by August, opening the way for a full-scale feasibility study to enable the implementation of the US$10-billion project.