The Namibian Competition Commission (NaCC) has approved the proposed merger between Hong Kong-based Sinomine Rare Metals Resources Co. Limited and Dundee Precious Metals (DPM) Tsumeb Holding (Pty) Limited, with conditions. Sinomine Resource Group recently concluded deals to purchase controlling interests in a copper mine in Zambia, and earlier this year purchased Dundee’s copper smelter in...
Erasmus Nekundi As a country, we acknowledge that we still have a fraction of the population whose full participation in the economy is restricted due to the digital divide. This exclusion continues to be a critical hindrance to equal access to information, and ultimately to the developmental agenda and prosperity of many developing countries. While we...
Lot Ndamanomhata The recent decision by the Monetary Policy Committee (MPC) of the Bank of Namibia to reduce the repo rate by 25 basis points to 7.50% comes at a pivotal moment for the country’s economy. This reduction is intended to boost economic growth while maintaining the Namibia Dollar’s peg to the South African Rand. ...
On a Sunday afternoon, 14 July 2024 to be exact, I made what I thought was a random call. We had just come back from the funeral of our then last surviving matriarch, Sukoo Kavari, a week earlier. At that funeral, some of the elders of the clan and I were teaching the youngsters about...
Vincent N. Sazita Brian S. Lwendo The conservancy programme is underpinned by legislative reform, the Nature Conservation Amendment Act, that has led to a paradigm shift in how communities perceive and value wildlife. In contrast to pre-apartheid antagonistic attitudes towards wildlife, communities across Namibia are increasingly recognising the value and contribution which wildlife and tourism...
The recent discovery of oil in Namibia’s offshore regions, particularly in the Orange Basin and the Walvis Basin, has sparked both domestic and international excitement. With major oil companies like TotalEnergies, Shell and Galp showing keen interest, these discoveries signal a potential economic transformation to begin in 2025. As activities escalate, crucial questions emerge: who...
It is a challenging time for media operations everywhere. Printed media sustainability has been sliding towards the abyss due to declining advertising revenue, reduced circulation and loss to technology giants. Advertising revenue is the lifeblood of newspapers’ ability to remain profitable. This reality rings true in Namibia, considering that circulations of virtually all mainstream print...
Lahja Nashuuta They say that success basically happens when preparation runs into an opportunity. The reason why success for people looks like an elusive goal is because they are hardly prepared, let alone have a clear-cut sense of direction. This is why the story of Lourence Benolerence Lukas is intriguing at best. Here is...
Rhino poaching in Africa has risen to levels not seen in almost two decades. Black rhinos remain critically endangered because of the demand for its horns on the illegal international market, mainly in Asia, where they are used for traditional medicine, and increasingly as a status symbol to display success and wealth. Unlike most animal...
The announcement by the Popular Democratic Movement that it will launch its election manifesto this weekend signals a crucial moment on the election calendar. The PDM has since descended on the Zambezi region capital Katima Mulilo for its congress, which kicks off tomorrow. By Wednesday, delegates from different parts of the country had already started...