economy

economy

Ithete pushes for 51% local ownership in mines

Ithete pushes for 51% local ownership in mines

Africa-Press - Namibia. Former deputy prime minister and minister of industries, mines and energy Natangwe Ithete has urged Namibians to stand firm in demanding...
Namibia Aims for 80% Electricity Self-Sufficiency

Namibia Aims for 80% Electricity Self-Sufficiency

Africa-Press - Namibia. Namibia has joined a continental drive to connect 300 million people to electricity by 2030 with the launch of its National...
Fisheries Contribution to GDP Expected to Reach N$10.7 Billion

Fisheries Contribution to GDP Expected to Reach N$10.7 Billion

Africa-Press - Namibia. The government aims to raise the fisheries sector’s contribution to gross domestic product from N$10.4 billion to N$10.7 billion by...
Etango site comes alive as construction gains pace

Etango site comes alive as construction gains pace

Africa-Press - Namibia. Construction at the Etango Uranium Project is progressing steadily, with Bannerman Energy reporting strong advances across early works activities that...
Paladin restructures debt facility to N$2.09 billion

Paladin restructures debt facility to N$2.09 billion

Africa-Press - Namibia. Paladin Energy Ltd has completed a restructure of its syndicated debt facility, cutting its total debt capacity to U$110 million...
Namibia Gambling Industry Revenue to Hit N$948 Million

Namibia Gambling Industry Revenue to Hit N$948 Million

Africa-Press - Namibia. Namibia’s gaming sector is expected to generate about N$948 million in revenue by the end of 2025. Statista, a German online platform...
Mbala Denies Conflict of Interest in Tender Award

Mbala Denies Conflict of Interest in Tender Award

Africa-Press - Namibia. The director of the Roads Contractor Company (RCC) was not aware of revisions to a Kavango West road project when his...
Namibia joins global push for electricity access

Namibia joins global push for electricity access

Africa-Press - Namibia. The Ministry of Industries, Mines and Energy yesterday launched Mission 300: Namibia Compact, with support from the African Development Bank and...
Namibia gets AFDB N$ 30.3b funding nod

Namibia gets AFDB N$ 30.3b funding nod

Africa-Press - Namibia. The African Development Bank Group (AfDB) has approved an allocation of N$30.3 billion (US$1.78 billion) for Namibia under its newly adopted...
Govt rolls out tractors for ploughing

Govt rolls out tractors for ploughing

Africa-Press - Namibia. Government tractors have been dispatched to different regions for ploughing, and in the northern areas, the tractors are already at work...