By:Nghiinomenwa-vali Erastus Namibia has a shallow and simple production base and, as a result, will struggle to add value and produce complex products, the Fourth Industrialisation Revolution (4IR) Task Force found. This comes at a time when calls countrywide, including policymakers/facilitators of economic activities, are calling for value addition, to put a stop to exporting […]
By:Staff writer The fifth edition of the Namibia International Energy Conference is set to unite Namibian energy leaders and industry professionals with global partners to discuss challenges and opportunities within the country’s evolving landscape. Scheduled for 25-27 April in Windhoek, it will be held under the theme ‘Shaping the Future of Energy Towards Value Creation’ […]
By:Josef Kefas Sheehama Small and medium-sized enterprises (SMEs) are the engine of worldwide economies and the main source of job creation. The contribution of the SME sector to the Gross Domestic Product (GDP) is between 12% to 20% and the share of the labour force employed full-time in this sector is about 20%, a rough […]
By:Staff writer Hyphen Hydrogen Energy has signed non-binding memorandums of understanding (MoUs) with two major industrial companies for the supply of up to 750 000 t/y of green ammonia. The company announced early this month. The agreements are with a major chemical company and Approtium, a South Korean hydrogen producer, and entail offtake of up […]
By:Staff writer The venue of the BMW Motorrad International GS Trophy 2024 has been decided: this time the off-road adventure will take place in Namibia. Having been held on all continents around the globe, the International GS Trophy now returns in 2024 to where it all began in 2008 in Africa. Namibia’s fascinating attractions includes […]
By:Leakey Kaxwadi Mobile Telecommunications Company (MTC) says that it has reduced fraud through phones by 80% since it started collecting biometric data when registering SIM cards last year. The company came under fire from the Institute for Public Policy Research (IPPR), which questioned the legality of how MTC registers SIM cards, particularly the collection of […]
By:Staff writer Andrada Mining Ltd, the tin producer formerly known as AfriTin, has published its inaugural sustainability report yesterday. In the report the company says it has managed to produce 8.2% less combined Scope 1 and 2 greenhouse-gas emissions from its Uis tin mine in the Erongo region than what is stated in the Equator […]
By:Staff writer Celsius Resources Ltd., which has a 95% interest in the highly prospective Opuwo Cobalt Project in northern Namibia, expects a market capitalisation of 14.8 million pounds ($18.2 million) when its shares start trading on London’s junior AIM Monday next week, it said Wednesday. The natural-resources exploration-and-development company–which is listed in Australia under the […]
By:Staff writer Gratomic Inc. has revealed that it has inked a non-binding Letter of Intent (LOI) with Graphex Group Limited and its US subsidiary, Graphex Technologies, a leader in the downstream processing of natural graphite used in electric vehicle (EV) lithium-ion (Li-ion) batteries. The multinational company with projects in Namibia, Brazil, and Canada, said that […]
By:Staff writer Paratus Telecommunicationsis keen to invest a further N$280-million on a number of capex projects during 2023, which will bring the capital spent into infrastructure development to N$740 million since 2021. According to the company’s Chief Financial Officer Stefan de Bruin, the total capital expenditure for 2022 amounted to N$282 million, with N$178 million […]