Uranium One completes 50% of exploration drilling in Leonardville

Uranium One completes 50% of exploration drilling in Leonardville

Uranium One, a Russian state-owned company that specialises in uranium exploration, mining, and processing has started exploration drilling in Leonardville. Aldo Hengari, the Director of Operations at Uranium One says 50 percent of the work is done. According to the World Nuclear Association, Namibia has some of the largest uranium-producing mines in the world. These include Uranium One, Husab, and Rössing. In 2022 Kazakhstan produced the largest share of uranium […]

April 17, 2024 75

Business / Economics

Bank of Namibia holds repo rate at 7.75%

The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. This is the second monetary policy announcement by BoN this year. Governor of the Bank Johannes !Gawaxab. Governor !Gawaxab highlighted that risks to the domestic economic outlook have remained broadly unchanged since the previous MPC meeting, although the conflict in […]

April 17, 2024 30

Namibia

Oluno Correctional Service Recognizes Community Advisory Committee

In recognition of the valuable contribution to the Namibian Correctional Service, the Oluno Correctional Service awarded Certificates of Appreciation to the Oluno Correctional Facility Community Advisory Committee. Our Northern correspondent Maria Namupala interviewed Commissioner-General of the Namibian Correctional Service Raphael Hamunyela.

April 17, 2024 93

Namibia

Lüderitz Mayor Highlights Diverse Opportunities in Energy Sectors

Lüderitz Mayor Phillippus Balhao emphasized that the oil, gas, and renewable energy industries offer extensive opportunities extending beyond government revenues. Addressing the Namibia Local Content Conference, Balhao underscored the potential for new economic sectors if these industries are managed wisely. He stressed the ongoing efforts to refine Namibia's local content policy framework, aiming for broad stakeholder engagement to empower Namibians in these sectors through training, job creation, and enterprise development.

April 17, 2024 22

Namibia

South African Transport Minister Extends Best Wishes to Namibia and Botswana for Upcoming National Elections

During the 20th anniversary celebrations of the Memorandum of Understanding between South Africa, Namibia, and Botswana for the Trans Kalahari Corridor Secretariat, Transport Minister Sindisiwe Chikunga conveyed warm regards to Namibia and Botswana as they prepare for their respective National elections later this year. Chikunga, speaking through a representative, expressed confidence in South Africa's own electoral process, assuring the neighboring countries of free and fair elections. She emphasized South Africa's […]

April 17, 2024 46

Namibia

Another heavy defeat for the Brave 5’s

𝐅𝐔𝐋𝐋 𝐓𝐈𝐌𝐄! Namibia (The Brave 5s) suffered another heavy defeat at the hands of Libya. The game went at halftime 3-3, but Libya were ruthless in the 2nd half, scoring 8 goals and Namibia scoring 2 taking the final score to 11-5. This is unfortunately the end of the Brave5s debut Futsal AFCON 2024 campaign, finishing bottom of the group with 0 wins, 0 points, 12 goals scored, 27 […]

April 17, 2024 14

Namibia

Specialist Sheds Light on Rare Bleeding Disorder on World Hemophilia Day

On World Hemophilia Day, April 17, it's crucial to shed light on rare bleeding disorders like haemophilia. Dr. Honest Dewa, a specialist physician and clinical haematologist, brings forth invaluable insights into this condition prevalent in Namibia. Haemophilia, a rare genetic disorder, affects approximately 1 in 10,000 individuals in Namibia.

April 17, 2024 23

Namibia

Katutura Residents Challenge City of Windhoek’s Financial Policies

In a bold move to confront what they perceive as unfair and discriminatory practices by the City of Windhoek, members of the Katutura Central Residents Committee took decisive action and met with the Ombudsman. Led by activist Shaun Gariseb, the residents directly challenged the city's leadership over their handling of financial matters, particularly regarding the recent "Swakopmund" S&T conference.

April 17, 2024 42

Business / Economics

Independent Researcher Offers Key Insights on Bank of Namibia’s Repo Rate Decision

In an interview with our news team, Independent business and economic researcher Josef Kefas Sheehama provided valuable insights into the factors influencing the Bank of Namibia's decision regarding the repo rate. The Bank of Namibia will announce repo rate today. The previous interest rate decision was to keep the repo rate unchanged at 7.75 percent.

April 17, 2024 54