Business

Namport fires 86 employees

15 hours ago | Business

Leandrea Louw Namport has dismissed 86 container terminal workers who were involved in an illegal strike in August last year.Namport acting CEO Kavin Harry explained via a memo issued on Friday that 92 workers were...

Debmarine to spend N$7bn on new vessel

3 days ago - 17 May 2019 | Business

Debmarine has announced that it will invest N$7 billion in a new vessel, which would contribute N$2 billion a year to the economy.The diamond miner said this would be its biggest single investment to date,...

Governmentpolicy causes economic decline

3 days ago - 17 May 2019 | Business

Local businesses burdened with a crushingly tough economic climate feel the government's policies have contributed to the current climate, particularly legislation aimed at empowerment and increased protectionism.A survey gauging the private sector's feelings about the...

Phosphate mining headache continues

4 days ago - 16 May 2019 | Business

ELLANIE SMIT The Chamber of Mines of Namibia is concerned that a way forward on marine phosphate mining has still not been found.Chamber of Mines president Zebra...

Save jobs, buy local

4 days ago - 16 May 2019 | Business

Team Namibia has urged Namibians “now more than ever” to buy local in order to have a positive impact on the economy, reduce poverty and decrease job losses.The agency that promotes Namibian products and services...

Mining: Sunrise, sunset?

5 days ago - 15 May 2019 | Business

Jo-Maré Duddy - Namibia’s mining sector needs policies which will transform the sector from a perceived “sunset” industry to a “sunrise” industry.This will allow investment...

Elevating internal audit’s role: The digitally fit function

5 days ago - 15 May 2019 | Business

Organisations are rapidly rolling out digital initiatives in an arena defined by more data, more automation, sophisticated cyber attacks, and constantly evolving customer expectations. In...

NEEEB dents business confidence

5 days ago - 15 May 2019 | Business

The Namibian private sector has lost substantial confidence in the government and has a generally negative feeling about its future in the country. ...

Buy local to support the economy

5 days ago - 15 May 2019 | Business

Bärbel Kirchner - The current financial and economic situation has forced many households and businesses to tighten their budgets in order to avoid going into...

Rössing deal almost complete

1 week ago - 10 May 2019 | Business

Rio Tinto's sale of its 69% shareholding in Rössing Uranium Mine to the China National Corporation is pending regulatory approval and is expected to be...

100k rely on mining

1 week ago - 10 May 2019 | Business

While the mining sector was one of the few sectors to record positive growth in 2018, the industry suffered more than 800 retrenchments last year....

Shipping profits

1 week ago - 09 May 2019 | Business

Five of the 16 mining companies operating in Namibia are wholly foreign owned, while local ownership in the other entities does not exceed 20%, with...

Business

50 years of the Chamber...

1 week ago - 07 May 2019 | Business

AUGETTO GRAIG On Thursday, 9 May 2019 the Chamber of Mines of Namibia will celebrate its 50th anniversary. This year marks the golden jubilee...

Dundee takes copper into the...

1 week ago - 07 May 2019 | Business

AUGETTO GRAIG Evidence from archaeological work at the Matchless mine, about 40 km west of Windhoek, suggests copper smelting was taking place in Namibia some...

Minister’s Foreword,

1 week ago - 07 May 2019 | Business

As we all know, mining is one of the most important sectors of our economy. In 2018 the mining sector contributed 14% to our GDP,...

Old gold hunt pays off

1 week ago - 07 May 2019 | Business

AUGETTO GRAIG The glowing flagship of Namibia’s gold production is the B2Gold Otjikoto Gold Mine between Otavi and Otjiwarongo, which recorded an output of 5...

Desalination plant set for growth

1 week ago - 07 May 2019 | Business

AUGETTO GRAIG Water is life in the desert. Although the cold Atlantic Ocean hugs the Namibian coastline for thousands of kilometres, the seawater has not...

Sterling diamond relationship

1 week ago - 07 May 2019 | Business

AUGETTO GRAIG Diamonds are forever and these precious stones have come to symbolise truly lasting relationships worldwide, with the presentation of a diamond wedding ring...

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