Total new vehicle sales reached 1102 units in February, nearly matching the sales figures from February last year, which stood at 1103 units. This represents a slight contraction of 0.1% year on year but an increase of 16% month on month. Simonis Storm Securities said historically, February tends to witness higher sales volumes compared to...
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Milestone in the African cryptocurrency industry reached as Yellow Card launches PayPal USD
A significant milestone in the African cryptocurrency industry was marked on Thursday, as Yellow Card became the first fintech in Africa to launch PayPal USD (PYUSD). This new stablecoin from PayPal, issued by Paxos, will open new horizons for digital financial transactions between Africa and the United States. Crypto adoption in Africa is booming –...
Diamond production reached 617 780 carats in Q2 – Windhoek Observer
Chamwe Kaira Diamonds production rose on a yearly basis by 8.8% to 617 780 carats during the second quarter of 2023, Bank of Namibia data revealed. The rise was attributed to more carats mined onshore owing to ongoing expansion of the mining area at the land operations as well as more carats mined offshore ascribed...
Namibia reached a milestone in eradicatingmother-to-child disease transmission – Windhoek Observer
Niël Terblanché Namibia has an unprecedented opportunity to eliminate new HIV, Congenital Syphilis and Hepatitis B infections among newborn babies and children. The country has achieved the 95-95-95 targets set by the World Health Organisation (WHO) and the government is fully committed to the goal of Zero New HIV Infections while continuing to invest in...
Namdia has reached capacity to handle a greater share of Diamond entitlement – Amupolo
Business Reporter THE Chief Executive Officer (CEO) of Namib Desert Diamonds (Namdia), Alisa Amupolo, has said that Namdia has proven itself and is ready to triple or double the share of the diamond entitlement it currently receives. This is after the company has reached a N$ 3 billion revenue mark for the current year after...