Namibia

Due to open on 1 June, the long-awaited Avid Investment Corporation trial, involving claims over the embezzlement of 30 million Namibian dollars (US$4.3 mn.), has been postponed yet...

Black Economic Empowerment (BEE) company Avid Investments collapsed in 2004, losing 30 million Namibian dollars (US$4.3 mn.) to the embezzlement of Social Security Commission (SSC) funds, but the...

United States’ worries over possible uranium sales to Iran from the planned Valencia mine in west-central Namibia may have blocked its sale to George Forrest International (GFI), according...

A decision by the Namibian state-owned port operator to pre-award an estimated US$285 million contract for the Walvis Bay harbour expansion to the China Harbour Engineering Company ahead...

In late March, a Metal and Allied Namibian Workers Union branch went on strike at New Era Investments, a Chinese construction company, over wages and benefits. Namibia’s high unemployment rate...