Oryx Properties has raised N$312.7 million from its recent rights issue, representing an 82.4% subscription rate. The property firm's initial goal was to raise N$379.6 million, which would have been a 60%...
The Government Institutions Pension Fund (GIPF) says the current building requirements by local authorities are making the delivery of low-cost housing in Namibia challenging. The Fund said the requirements are ruining efforts...
Namibia Desert Diamonds (Namdia) says it aims to polish diamonds, as it intends to move along the value chain as part of its strategic business plan within the next five years. To...
The Minister of Agriculture, Water and Land Reform of Namibia, Calle Schlettwein, says the adverse effects of drought on nature and farming are manageable. Schlettwein acknowledged the negative impact of droughts on...
In July 2020, I became Bank Windhoek’s Chief Financial Officer (CFO), where I am responsible for the Finance function, which includes planning, organising, auditing, reporting, accounting, and controlling the Bank’s finances. In...
Medical Healthcare funds in the country are buckling under the pressure of increased cost of healthcare with five out of the eight registered funds currently operational, it has been revealed. The operational...
Finance and Public Enterprises Minister Ipumbu Shimi will be conducting mid-term budget review consultations in various regions across the country from 25 July to 12 August 2023, the Ministry has announced. The...
Wia Gold says it is hoping to raise N$130 million (A$11 million) through a three-for-five entitlement offer to accelerate resource growth drilling at its Kokoseb gold project in Namibia. The entitlement offer...
The Government and Hyphen Hydrogen Energy on Monday launched the socioeconomic development (SED) framework for Namibia's landmark US$10-billion green hydrogen project. The framework is an integral part of the feasibility and implementation...
The Minister of Urban and Rural Development, Erastus Uutoni, has handed over 108 houses under the Government-funded Mass Housing Development Programme in Swakopmund. The handover of the initial houses comes after a...
