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French auto giant to set up assembly plant in Namibia

PARIS, France (AFP) - French car giant PSA announced Monday it would start assembling Peugeot and Opel brands in Namibia in the second half of 2018. Under an investment agreement with the Namibian Government, PSA - whose brands also include Citroen, DS and Vauxhall - will reach output capacity of 5,


First listeriosis case in Namibia after S.Africa outbreak

Windhoek (AFP) - Namibia on Tuesday reported its first case of listeriosis since an outbreak in neighbouring South Africa erupted at the beginning of last year, killing 183 people so far. A 41-year-old Namibian man was diagnosed with the disease on Monday and is being treated in a hospital in the ca


French automaker PSA to build assembly plant in Namibia

PARIS, March 12 (Xinhua) -- France's leading car manufacturer PSA on Monday announced a joint venture agreement with Namibia Development Corporation to start up an assembly plant in the South African country to sell more cars in the region. "This investment in Namibia is part of the long term strate


Groupe PSA/NDC to assemble Opel/Peugeot vehicles in Namibia

Groupe PSA and the Namibian government have signed an investment agreement facilitating the joint-venture agreement between Groupe PSA and Namibia Development Corporation (NDC) to assemble Opel and Peugeot vehicles in Walvis Bay. Assembly will start in H2 2018 with an annual targeted volume of 5,000


Ski on the sand dunes on Namibia's Skeleton Coast

A close-up of Yuyu Roslan's 'Perfect Imperfections 6' (oil on canvas, 2018). Photos: Balai Seni Maybank It's been more than a decade or so since we last heard from Balai Seni Maybank, which dropped off the homegrown art scene's radar. This month, however, marks the revival of this gallery with the

STAR2.COM - 2018-03-19 08:45:44

Global Petroleum First Half Loss Flat As It Works On Namibia Blocks

LONDON (Alliance News) - Global Petroleum Ltd on Wednesday reported a broadly flat annual loss for its first half, as it progressed on its exploration project in Namibia. The company's pretax loss for the six months to December stood at USD975,145, compared to USD957,681 pretax loss in the prior yea


Sandblasted | A First Taste of Namibia's Skeleton Bay

SUP Magazine - The Voice of Standup Paddling Prepare to get blasted... Words by Will Bendix Load Error Photos by Alan Van Gysen The twin-prop plane banks hard to the right as the captain announces that we have begun our descent to Walvis Bay International Airport. Outside the small window lies a s


Groupe PSA/NDC to assemble SKD Opel/Peugeot vehicles in Namibia

Groupe PSA and the Namibian government have signed an investment agreement facilitating the joint-venture agreement between Groupe PSA and Namibia Development Corporation (NDC) to assemble SKD Opel and Peugeot vehicles in Walvis Bay. Assembly of the semi-knocked-down vehicles will start in H2 2018 w


Groupe PSA In JV Deal With Namibia To Assemble OPEL, PEUGEOT Vehicles

(RTTNews) - Groupe PSA (PEUGF.PK), the owner of Peugeot and Opel brands, announced Monday that it has signed an investment agreement with the Namibian government, under which the automaker will assemble Opel and Peugeot vehicles in Namibia in 2018. Groupe PSA and Namibia Development Corp. or NDC sig


FNB Namibia Holdings proposes name change to FirstRand Namibia Limited

Posted by Intern | Mar 19, 2018 | Markets The Board of Directors of FNB in a SENs announcement last week announced a proposal to change the name of the financial institution from FNB to FirstRand Namibia Limited. According to the statement the rational and reason for the proposed change of the name

ECONOMIST.COM.NA - 2018-03-19 07:00:00

Namibia Beating Drug-Resistant TB

One of the success stories the health ministry and the United States embassy in Namibia will mark on World TB Day on Saturday is that of Nuka K#gao. K#gao and her brother, !!Ao, were diagnosed with extensively drug-resistant (XDR) tuberculosis (TB) in 2012. Their parents died of XDR TB in 2011 and 2

ALLAFRICA.COM - 2018-03-20 13:23:33

Namibia: Decrease in TB As Namibia Observes World TB Day

Windhoek - Although the number of tuberculosis (TB) cases remains high in Namibia, there has been a significant reduction by 25 percent from 2010, when 12,000 cases were reported, to 9,000 cases. Pinehas Iipinge, the advocacy communication and social mobilisation officer of the National Tuberculosis

ALLAFRICA.COM - 2018-03-20 09:29:01

Namibia: Settlements Worry Town

The continuous expansion of informal settlements at Otjiwarongo has become a concern to the local authority of the Otjozondjupa capital. The public relations officer of the Otjiwarongo municipality, Adelheid Shilongo said in an interview with Nampa on Sunday that about 2 000 unserviced plots have be

ALLAFRICA.COM - 2018-03-20 13:03:26

Namibia: GCF Approves N$109 Million for Namibia

Windhoek - The Ministry of Environment and Tourism as the National Designated Authority (NDA) to the Green Climate Fund (GCF) has announced the approval of another US$ 9.5 million (N$109.4 million) grant to Namibia for climate adaptation. The announcement of the approved funding was made at the 19th


Namibia: Budding Entrepreneurship Inspiring Local Brands

Windhoek - The refusal by young Namibians to let a struggling economy, coupled with a high unemployment rate and equally high inequality, keep them down is inspiring the youth to develop their own brands to eventually compete with the best brands in the world. One of the latest brands to make a spla

ALLAFRICA.COM - 2018-03-20 13:55:51

Namibia: Nation Bids Farewell to Schimming-Chase

Windhoek - Hundreds of Namibians from all walks of life turned up at Farm De Rust, some 40 kilometres west of Rehoboth in the Hardap Region, for the funeral of Nora Schimming-Chase on Saturday. President Hage Geingob, First Lady Monica Geingos, Prime Minster Saara Kuugongelwa-Amadhila, Speaker of th

ALLAFRICA.COM - 2018-03-19 08:43:43

Namibia: Bankers Association Concludes Wellness Initiative

Windhoek - The Bankers Association of Namibia (BAN), comprising the major banking institutions in the country, namely, Bank Windhoek, Standard Bank, Nedbank, First National Bank, Letshego Bank and Bank Bic, last Thursday concluded its 2018 Wellness Initiative 'Shake-a-Tin' with a formal handover at

ALLAFRICA.COM - 2018-03-20 14:00:52

Inequality in Namibia a ticking bomb

Namibia is known for its extreme income inequality, which is one of the highest societal inequalities in the world despite the country's endowment with abundant natural resources, good infrastructure, a vibrant democracy, peace and stability. Lahja Nashuuta Windhoek Since independence most of the w

NEWERA.COM.NA - 2018-03-20 10:29:19

Namibia: No Bonus for Competition Commission

Namibia Competition Commission employees plan to sue their employer for not receiving their bonus this month. The commission's chief executive officer Vitalis Ndalikokule told the employees in an internal memorandum on 16 March that they will not be getting their bonus cheques this month. Sources sa

ALLAFRICA.COM - 2018-03-20 11:38:38

Namibia, Ghana enjoy sound relations

Lahja Nashuuta Windhoek-Ghanaian High Commissioner to Namibia Elizabeth Salamatu Forgor says her country enjoys an excellent bilateral relationship with Namibia that it shares a mutual vision and purpose with. Forgor says there is a mutual purpose between the two countries to consolidate peace, eco