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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Leonard Witbeen

4845 Results / Page 229 of 539

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Business / Economics

Rössing Uranium Reports Record Performance in 2023

Rössing Uranium's 2023 Sustainability and Performance Report reveals record achievements, with the mine producing 6.4 million pounds and selling 6.9 million pounds of uranium, resulting in N$6.48 billion in revenue, a significant increase from 2022's N$4.84 billion. Key markets included China, North America, and EMEA. Dividends of N$177 million were paid. The mining sector contributed 14.4% to GDP, with over N$21 billion spent on local procurement and N$6.4 billion in […]

todayJune 20, 2024 19

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World

Putin arrives in Vietnam for state visit condemned by US

Russian president Vladimir Putin has arrived in Vietnam for talks with its communist leaders on the final stop of his two-nation tour of Asia after signing a defence pact with North Korea's leader, Kim Jong-un. It's his first visit since 2017, but the trip has drawn the ire of its top trade partner, the US. Laura Westbrook has more from Hong Kong.  

todayJune 20, 2024 22

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Africa

Five Civilians Killed in Eastern Congo Amid Ongoing Conflict

At least five civilians, including three women and a girl, were killed in a bombardment in eastern Congo's North Kivu province on Wednesday reports Reuters. An army spokesperson accused the M23 rebel group of the attack. This incident highlights the escalating civilian toll from the over two-year conflict between Congolese forces and the Rwanda-backed M23 militia, which has displaced at least 1.5 million people, according to U.N. data.

todayJune 20, 2024 8

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Business / Economics

13-20 June 2024 Weekly Economics Wrap: Pupkewitz Tops Affordability, Namibia Holds Rates, and Global Markets Shift

Pupkewitz Megabuild Leads in Affordability According to The Brief's monthly survey for June 2024, Pupkewitz Megabuild has emerged as the most affordable hardware store in Windhoek. This survey, initiated in June 2023, benchmarks the prices of a standardized basket of hardware items across four major stores: Build It, BUCO, Pupkewitz Megabuild, and Ark Trading. Pupkewitz's consistent pricing strategy has positioned it favorably among consumers seeking value for money in their […]

todayJune 20, 2024 11

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Business / Economics

Mining Industry Boosts GDP and Local Economy in 2023

Mines and Energy minister, Tom Alweendo, announced that Namibia's mining sector significantly increased its contribution to the GDP to 14.4% in 2023, up from 11.9% in 2022. The industry spent over N$21 billion on local procurement and contributed N$6.4 billion in royalties and taxes, compared to N$4.2 billion the previous year. Employment in the sector reached 18,189, with N$211 million spent on corporate social responsibility. Alweendo emphasized the mining industry's […]

todayJune 20, 2024 35

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South Africa

S.A President Ramaphosa Highlights Basic Needs as Top Priorities

S.A's President, Cyril Ramaphosa says people's primary aspirations are adequate food, water, affordable electricity, and decent housing. In his inauguration speech, he affirmed the government's commitment to enhancing living standards and ensuring equitable access to vital services. According to Ramaphosa, socio-economic development and the fulfilment of basic rights are pivotal objectives for his second term, signalling a strong resolve to address critical issues affecting South Africans:  

todayJune 20, 2024 16

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Africa

Nigeria’s Aiteo Halts Production at Nembe Creek Facility Due to Oil Leak

Nigerian energy company, Aiteo has ceased all oil production at its Nembe Creek facility, which produces nearly 50,000 barrels per day, following the detection of a leak, the company announced on Wednesday. Reuters reports that Aiteo Eastern E&P reported that the leak was discovered during routine operations on Monday in the Nembe area of Bayelsa state, known for severe pollution from decades of oil spills impacting agriculture and fishing.

todayJune 20, 2024 53

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