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Category: Market

National crude oil production down 9%, end-May 2023

National crude oil production fell by 9% at the end of May 2023 compared with the same period in 2022, to 652 kt (kilotonnes), according to the monthly report on the energy situation in May 2023, published on Friday by the National Observatory of Ener…

Namibia is open for business: Mbumba

Vice president, Nangolo Mbumba, on Thursday reiterated that Namibia is open for business and that interested investors should take up available opportunities.Mbumba made these remarks at the US-Africa business summit held in Gaborone, Botswana, under t…

Capricorn Foundation announces Food Waste Challenge overall winner

Ndasilohenda Katangolo-Nakashwa, a 37-year-old communal farmer from the Kunene Region’s Opuwo Rural Constituency, has won the 2023 Capricorn Foundation Food Waste Challenge.She is the overall winner, receiving a N.dollars 100 000 cash prize from Capric…