Swakop Uranium Contributes Over N$7.9 Billion to Namibian Economy in 2023

Swakop Uranium Contributes Over N$7.9 Billion to Namibian Economy in 2023

Swakop Uranium's Husab Mine significantly boosted the Namibian economy in 2023, contributing over N$7.9 billion through local procurement, taxes, and social investments as per The Brief. The company has created more than 6,000 jobs, engaging with over 400 local suppliers, with 62% of its spending directed towards Namibian-owned businesses. The report highlights Swakop Uranium's alignment with the country's National Development Agenda and the Global Sustainability Goals, according to Eliphas Hawala, […]

October 23, 2024 10

Business / Economics

25 July 2024 Morning Biz News: NamWater and Husab Mine’s N$3 Billion Desalination Project Nears Financial Closure; Shein Expands with Johannesburg Pop-Up; Eni Sells Nigerian Oil Unit to Oando; Currency and Commodity Markets Update

NamWater and Husab Mine Set for Major Coastal Desalination Project NamWater and Husab Mine are poised to achieve financial closure for their ambitious N$3 billion coastal desalination project by year-end, according to The Brief. NamWater CEO Abraham Nehemia confirmed that Husab Mine will cover the construction costs, sparing NamWater the task of independently securing the full N$2.5 to N$3 billion required for the project. Shein Expands with New Pop-Up Store […]

July 25, 2024 41