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

Namibian Economy

16 Results / Page 1 of 2

Background
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Local

Inauguration of New UNAM Facilities in Katima Mulilo for Wildlife Management and Tourism Studies

In the bilateral cooperation between the Governments of the Republic of Namibia and the Federal Republic of Germany, it was agreed, among others, to support the environment and tourism sector. Germany, through KfW Development Bank, provided financial support to extend the UNAM Katima Mulilo Campus. The cooperation included the development of related academic and research programs and the construction of the Department of Wildlife Management and Tourism Studies. On 5th […]

todayNovember 6, 2024 11

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Business / Economics

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, […]

todayOctober 23, 2024 10

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BANK OF NAMIBIA WARNS PUBLIC AGAINST FRAUDULENT INVESTMENT SCHEMES

    The Bank of Namibia has noted with increasing concern the rise of fraudulent investment schemes that falsely promise financial backing for Namibia’s development initiatives. These schemes are particularly aimed at high-ranking government officials, ministries, traditional leaders, and prominent public figures, exploiting their reputations to lend credibility to deceptive offers. Recently, the Bank has observed that prominent religious and traditional leaders, as well as church elders, are also approached […]

todayOctober 23, 2024 7

Local

O&L group announces notice of termination of Pick n Pay Namibia franchise agreement

    The O&L Group, through WUM Properties (Pty) Ltd trading as Pick n Pay Namibia, owns and operates 19 Pick n Pay branded retail stores in Namibia under a franchise agreement with Pick n Pay South Africa (as franchisor). The O&L Group, through WUM Properties (Pty) Ltd, has given notice to terminate the franchise agreement with Pick n Pay South Africa by 30 June 2025. This strategic decision aligns […]

todayJuly 22, 2024 23

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Sanlam Empowers Farmers

      The 13th edition of the Agra Weaner Championship Series kicked off on 09 July, sparking excitement among cattle farmers nationwide. Sanlam is proud to sponsor N$75,000 towards the project, which began its auctions in Karasburg and will continue to Grootfontein. This project provides a prestigious platform for producers to showcase their exceptional work. Additionally, four auctions will be held in the communal areas of Aminus, Okondjatu, Talismanus, […]

todayJuly 17, 2024 7

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O&L leisure commences upgrades and renovations at Midgard

    Namibia is experiencing a transformative shift towards becoming a premier destination, and O&L Leisure is at the forefront of this evolution. With a steadfast commitment to authenticity, care, and passion, O&L Leisure proudly announces the commencement of upgrades and renovations to 25 rooms at Midgard, a cherished retreat nestled in the heart of Namibia's captivating landscapes. As Namibia transitions into a premium destination, O&L Leisure is aligning its […]

todayMarch 27, 2024 11

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