The Namibian Ports Authority (Namport) said it posted a record-breaking amount of cargo handled during the financial year ending on March 31. An official statement released Tuesday said that 8 million tons of cargo were handled, up 4 percent from the 7.7 million tons handled in the previous financial year.…
Namibia is planning a 40-billion Namibian dollars (about 2.6 billion U.S. dollars) port infrastructure expansion project to position itself as a leading energy hub and to accommodate the growing demands of the oil and gas industry, an official said Friday. In an interview, Namibia Ports Authority (Namport) Chief Executive Officer…
Namibia's trade gap shrank to 1.4 billion Namibian dollars (about 94 million U.S. dollars) in June 2023, down from 2.8 billion Namibian dollars the previous month, according to the latest figures released by the Namibia Statistics Agency (NSA) Tuesday. Between June 2022 and June 2023, Namibia recorded no trade surplus…
Namibia's trade deficit widened to 2.8 billion Namibian dollars (about 188 million U.S. dollars) in May compared to a trade deficit of 1.3 billion Namibian dollars a month earlier, the statistics office said on Tuesday. The Namibia Statistics Agency said in a statement that the country's export earnings increased by…
The Namibian Ports Authority (Namport), a state owned enterprise, recorded an 87 percent increase in tourist's vessel calls for 2022/2023 in comparison to the 2021/2022 financial year, an executive has announced. The increase in tourist's vessels is attributed to the maritime industry's positive strides towards recovery from the COVID-19 pandemic…