economy

economy

Chamber, MPs clash over mining royalties

Chamber, MPs clash over mining royalties

Africa-Press - Namibia. While legislators have taken issue with a paltry 5% royalty rate that Namibia receives from domestic mining operations, the Chamber of...
FlyNamibia, TotalEnergies partner on Lüderitz route

FlyNamibia, TotalEnergies partner on Lüderitz route

Africa-Press - Namibia. FlyNamibia, in partnership with TotalEnergies, is set to expand the number of seats available on the Windhoek to Lüderitz route, which...
Govt still hopeful with the Kudu gas project

Govt still hopeful with the Kudu gas project

Africa-Press - Namibia. Petroleum commissioner Maggy Shino has shared that a final investment decision is expected on the Kudu Gas project by next year....
Oil companies to double down on Namibian exploration

Oil companies to double down on Namibian exploration

Africa-Press - Namibia. Chevron, ExxonMobil, Galp Energia and more international oil companies shared plans to double down on exploration in Namibia while ensuring local...
Tourism contributes N$14b to GDP – Shifeta

Tourism contributes N$14b to GDP – Shifeta

Africa-Press - Namibia. The tourism sector in Namibia is a significant industry that directly contributes 6.9% to the country’s Gross Domestic Product (GDP), which...
Energy crisis could be averted by Turkey-Namibia collaboration

Energy crisis could be averted by Turkey-Namibia collaboration

Africa-Press - Namibia. A Turkish company that develops power plants on ships says it could make Namibia become energy self-sufficient through its tested innovations.Karpowership...
New appointments at Hyphen Hydrogen Energy

New appointments at Hyphen Hydrogen Energy

Africa-Press - Namibia. Hyphen Hydrogen Energy (Hyphen) has appointed two seasoned Namibian professionals, Victoria Pieters and Titus Kanyanda, to its team. Pieters assumes the...
Trustco increases stake in Legal Shield

Trustco increases stake in Legal Shield

Africa-Press - Namibia. Trustco Group Holdings Limited (Trustco) on Tuesday announced its acquisition of an additional 11.35% interest in Legal Shield Holdings Limited (Legal...
Chicco’s hotel to cost ministry N$1 million monthly

Chicco’s hotel to cost ministry N$1 million monthly

Africa-Press - Namibia. A source has revealed that the sports ministry has put pen to paper to lease a new building for N$1 million...
National silos drying up… as drought maintains grip on nation

National silos drying up… as drought maintains grip on nation

Africa-Press - Namibia. Namibia’s strategic food reserves across the country are running dry at an alarming pace and on the verge of putting the...