Author: Maihapa Ndjavera (Maihapa Ndjavera )

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Standard Bank increases profit
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Standard Bank increases profit

Standard Bank Namibia has shaken off the adverse impact of Covid-19 in its half-year results after the bank recorded an increase in profit after tax of 24.1% for period on period to N$235.3 million. This is according to the bank’s interim results announcement for the first six months ended 30 June 2022, released this week.

FirstRand commits N$5m to housing crisis
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FirstRand commits N$5m to housing crisis

The continued growth of informal settlements remains one of Namibia’s biggest developmental challenges. In this vein, FirstRand Namibia yesterday presented an investment of N$5 million for the country’s land and housing programme, through the Development Workshop of Namibia.

Swakop Uranium 2021 glance
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Swakop Uranium 2021 glance

Despite the negative impact of the Covid-19 pandemic on mining operations, Swakop Uranium managed to record its highest production ever. As a result of increased production, the company contributed N$3.2 billion to Namibia’s economy in 2021. 

Mining expo focuses on new frontiers
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Mining expo focuses on new frontiers

The ninth edition of the Namibian Mining Expo and Conference concludes today. The two-day conference started yesterday under the theme ‘Breaking New Frontiers in a Post-Pandemic Era’. This was the first mining expo and conference in two years, after the Chamber of Mines cancelled it consecutively due to the Covid-19 pandemic.

Uranium One assures farmers
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Uranium One assures farmers

A Russian company, Uranium One, exploring for uranium in the Omaheke region, continues to ruffle the feathers of local farmers. The company is expected to use the in-situ leaching (ISL) method to extract uranium.