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Namcor consults on development
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Namcor consults on development

The National Petroleum Corporation of Namibia (Namcor) together with its joint venture partners, TotalEnergies EP Namibia, QatarEnergy International, and Impact Oil & Gas have engaged in the second phase of the Environmental and Social Impact Assessment (ESIA) stakeholder engagement for the development of the offshore oil discovery. The consultations form part of the ESIA process. ...

Airlink taps into Zanzibar market
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Airlink taps into Zanzibar market

Airlink, Southern Africa’s privately-owned airline, is scheduled to launch its new Johannesburg-Zanzibar route in June 2026. Tickets are now on sale for flights to the Tanzanian island, which is famous for its spices, beaches, forests and marine life and resorts.  Its Unesco-listed historical Stone Town with its maze of streets featuring mosques, churches, bazaars, villas,...

Procurement launches pre-qualification exercise 
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Procurement launches pre-qualification exercise 

The Central Procurement Board of Namibia (CPBN) has announced a new pre-qualification exercise for specific construction works. The initiative aims to create a transparent and structured system for identifying capable and experienced contractors.  Johanna Kambala, manager for stakeholder relations at CPBN, said this was developed in line with Section 42 (1) of the Public Procurement...

President praises NBL for economic growth 
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President praises NBL for economic growth 

President Netumbo Nandi- Ndaitwah has praised the Namibia Breweries Limited (NBL) for its continued contribution to the country’s economy, calling it a shining example of local enterprise and commitment to national development.  During a courtesy visit to the company on Wednesday, Nandi-Ndaitwah said NBL, which is over 100 years old, has “grown in leaps and...

Competition commission pays N$9m to State 
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Competition commission pays N$9m to State 

The Namibian Competition Commission (NaCC) has paid N$9 million in pecuniary penalties to the State Revenue Fund for the financial year ending March 2025. This action fulfils the commission’s obligation under Section 53(5) of the Competition Act No.2 of 2003, which mandates that all collected penalties be paid into the fund.  The penalties stem from...

Mid-Year budget is a measured balancing act…analysts welcome smart, cautious moves in tough economy
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Mid-Year budget is a measured balancing act…analysts welcome smart, cautious moves in tough economy

Simonis Storm (SS), a local financial firm, has commented after Tuesday’s Mid-Term Budget Review that the domestic fiscal outlook is credible but conservative. The firm expects mildly expansionary fiscal stance through 2026, balancing electoral and economic imperatives, followed by a firmer consolidation path thereafter.  The SS comments come after finance minister Ericah Shafuda reallocated some...

Sabina, a security guard with a sewing dream
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Sabina, a security guard with a sewing dream

Sabina Onemushi Nantinda has been passionate about sewing for many years.  Although she currently works as a security guard, her dream of starting her own sewing business lives on.  All she needs to start her own business is a bit of training on the finer tailoring intricacies and a dependable sewing machine.  She and countless others are...

60 years of Cuban blockade ‘silent genocide’
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60 years of Cuban blockade ‘silent genocide’

The Caribbean Island of Cuba is once again appealing to the international community to end what it describes as the “silent genocide” of its people — the six-decade-long economic blockade imposed by the United States of America. This week, Cuba will present its case before the United Nations General Assembly, seeking renewed support for the...

Airlines association elects new leadership
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Airlines association elects new leadership

Daniel Rosenzweig, a senior executive of Lift, has been re-elected as Airlines Association of Southern Africa’s (AASA)’s chairperson. He is deputised by Eswatini Air CEO, Captain, President Dlamini.  The incoming leadership of the AASA was elected at the body’s 55th Annual General Meeting and will serve for the next 12 months. “Rosenzweig and Dlamini will...

NAC increases revenue 6%
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NAC increases revenue 6%

The Namibia Airports Company (NAC) has increased its revenue by 6% to N$540 million and a profit after tax of N$9.4 million for the 2024/25 financial year. The improved financial performance has been attributed to NAC’s route development strategy, which landed additional services from South African Airways, Air Angola, FlySafair and Discover Airlines during the...