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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September 24, 2023
LatestNews (147)
Namibia Dairies, a subsidiary of the Ohlthaver & List (O&L) Group, has launched a new look for its Nammilk fresh and long-life milk after the company had moved production from South Africa earlier in the year.
French hospitality group Accor, which has been given management rights for the Safari Hotels and Conference Centre following its acquisition by Kasada Capital Management last year, says it has embarked on a N$100-million phased refurbishment exercise for the hotel.
The Bank of Namibia (BoN) and the Reserve Bank of Zimbabwe (RBZ) are planning to formally establish cooperation in the areas of fintech and innovation.
The City of Windhoek approved a total of 262 building plans in October valued at N$157.4 million, up 10.5% from the 237 building plans approved in September.
Industrialisation and Trade Minister Lucia Iipumbu has called for value addition on raw materials to allow for the development of the manufacturing sector.
Australian Securities Exchange (ASX) listed Noronex has received commitments to raise up to N$17.3 million (A$1.5 million) through a share placement to fund exploration at its Kalahari Copperbelt projects in Namibia.
The Bank of Namibia (BoN) has launched a Cybersecurity Industry Council that is expected to play a critical role in protecting the country’s financial industry from cyberattacks.
The Namibian Ports Authority (Namport) has recorded a 20% revenue increase to N$796 million for the seven months to 31 October 2022, CEO Andrew Kanime has revealed.
The Namibian Competition Commission (NaCC) plans to institute legal action against office automation equipment suppliers, Maxes Office Machines and South African-based Riso Africa for contravening the Namibian Competition Act.
Puma Energy Namibia has installed 24 solar projects at its local retail stations, depots and terminals with a combined capacity to generate an estimated 1 337 MWh annually.
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The Namibia Airports Company (NAC) has lamented the high barriers of entry to the aviation sector, a development which is limiting the active participation of Namibians in the industry through employment, management and ownership.
The government on Tuesday launched the SDG Namibia One at the United Nations Climate Change Conference, COP27, a new investment platform that will convene and coordinate activities related to the transition to, and exploitation of, the green hydrogen industry in Namibia and aims to mobilise up to N$17.8 billion (€1 billion) of investment capacity over the next 10 months.
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).
