Petrol prices will decrease by N$1.20 cents per litre, and both diesel 50ppm as well as diesel 10ppm prices will decrease by N$1.10 cents per litre. The decreases, effective as of Wednesday, 4 September, are made possible by what the energy ministry terms “improved market conditions”. These include a lower demand for oil, and a...
As the world moves towards sustainable energy solutions, Namibia stands at the forefront of the green hydrogen revolution, with vast renewable resources and strategic vision, fuelling the country’s ambitions of becoming the sustainable energy capital of Africa. The inaugural Global African Hydrogen Summit (GAH2S), scheduled for 3 to 5 September 2024 in Windhoek at Mercure...
Debmarine Namibia has sponsored surplus benthic samples to four institutions, contributing to scientific research, education and the enhancement of knowledge about the marine environment. These institutions include the Ministry of Fisheries and Marine Resources, the Ministry of Education, Directorate of National Heritage and Culture Programmes, University of Namibia (UNAM), and the Namibia University of Science...
The Namibian Competition Commission (NaCC) has approved the proposed merger between Hong Kong-based Sinomine Rare Metals Resources Co. Limited and Dundee Precious Metals 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 Namibia....
Trustco Group Holdings recently announced the discovery of a massive 391.45-carat diamond by Meya Mining in Sierra Leone. Trustco holds a 19.5% interest in the mine. This significant find was made in the Kono District of Sierra Leone, within an area that spans the Kamara Gbense and Tankoro chiefdoms. Meya holds a 25-year exclusive diamond...
An inter-governmental committee formulating a Namibian content policy for the burgeoning oil and gas industry has made local content development in the country a priority. The National Upstream Petroleum Local Content Policy, currently in draft format, aims to improve Namibian participation in the sector and boost the domestic supply chain while continuing to welcome international...
The last race of the 2024 Nedbank Windhoek Pedal Power Series – WPP 6, will be held at Tony Rust Racing Track on the outskirts of Windhoek on Sunday. In each category, riders will cycle for 30 minutes plus one lap (sprint lap) in this year’s criterion race format. The criterion race (crit race) will...
The brand-new Renault Captur, which reveals the best of the international carmaker’s know-how, is retailing locally for N$$491 885, all inclusive, and is now available under a special promotion with deal assistance for only N$446 885. With this deal assistance of N$45 000, the all-new Captur offers a distinctive design and advanced technologies. As the...
Mobile Telecommunications Ltd (MTC) hosted the inaugural MTC OATF Tech conference, bringing together and providing a platform where industry experts explored and dissected relevant topics. The conference aims to foster dynamic and efficient tech solutions, prioritise engagement and networking, and grant institutions’ access to a broader range of knowledge, skills and expertise. Speaking at the...
Sebastianus Nathanael, a prominent boxer from the MTC Nestor Boxing Academy, fell short in South Africa when he lost his bout in the sixth (6) round against Azinga Fuzile. The fight took place this past weekend at the Orient Theatre in East London, South Africa, where the two squared off in an exciting boxing event. ...