Namport ready to embrace green hydrogen
The Namibian Ports Authority (Namport) which is part of the master plan for four green hydrogen industry pilot projects worth N$892 which will soon be implemented in Namibia says its targeting to...
Lamborghini has already sold all its cars until 2024
Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss said, with luxury goods seemingly unaffected by global economic uncertainty. The Volkswagen subsidiary is enjoying...
Venaani calls for a review of all oil deals
Popular Democratic Movement (PDM) leader McHenry Venaani has called for a review of all oil exploration and extraction deals amid allegations the government could have negotiated in bad faith. Bloomberg estimates Namibia...
Windhoek Renovations demands N$3m from late businessman, EV Mining
Windhoek Renovations has dragged the estate of late businessman Barnabas Uugwanga and his company EVS Mining Contractors to court demanding to be paid over N$3 million in debt. Court documents seen by...
Gas crisis sends euro back below parity against dollar
The euro briefly fell back below parity against a robust dollar on Monday and was languishing at five-week lows, weighed down by concern that a three-day halt to European gas supplies later this month...
Angola to start talks on trade deal with EU in bid to diversify from oil
Angola and the European Union are set to start talks for a trade deal this year after EU and African partners approved a request from the oil-producing nation to join a regional...
Hyphen expects to seal N$170bn agreement with Govt by year-end
Hyphen Hydrogen Energy (Hyphen) has expressed optimism that its planned N$170 billion project will be signed off by the Namibian government before the year ends. This comes as Cabinet has endorsed the...
Osino Resources buys out minority interests
Osino Resources has acquired the remaining minority interests in three of its subsidiary companies holding the Namibian mineral licenses underlying the Twin Hills Gold Project and part of the Karibib exploration area,...
Kazera to ramp up tantalum, lithium production after getting N$8.4m from Chinese investor
Kazera Global, which owns Tantalite Valley Mine in Namibia, says it is ready to increase production of tantalum and lithium after it received N$8.4 million from Chinese company Hebei Xinjian Construction. According...
NAMDIA Foundation launches N$2.8m bursary scheme
The NAMDIA Foundation has launched a N$2.8 million annual Bursary Scheme in honour of Zacharias Lewala, who discovered the first diamond in Namibia, in 1908 in Kolmanskuppe. The Foundation, through the scheme,...