Company News in Brief

Namib Mills cuts maize and mahangu pricesNamib Mills has announced a price reduction of up to 16% on its maize and mahangu product ranges, effective Monday, 13 October 2025.The company said the adjustment aims to ease pressure on consumers and keep staple foods affordable, citing improved availability and lower costs of local raw materials.“As a proudly Namibian company, we are committed to feeding the nation and contributing to food security. This price decrease is our way of giving back to the communities that continue to support us,” Namib Mills said.- Market Watch Karan Beef meets government Prime Minister Elijah Ngurare met with South African beef supplier Karan Beef to explore collaboration and investment synergies between Namibia and South Africa. He was accompanied by agriculture minister Inge Zaamwani, finance minister Ericah Hafudah, and MEATCO CEO Albertus Aochamub.Ngurare called for skills transfer to benefit Namibian youth in a win-win collaboration. -Market Watch Meatco fulfils 2025 Norwegian beef quotaThe Meat Corporation of Namibia (Meatco) has completed its 2025 export commitments to Norway, loading and shipping the final consignment on 8 October 2025. This marks the full utilisation of the 1 200 tonne Norwegian quota. “Norway remains a cornerstone of Meatco’s marketing strategy and a trusted partner for Namibia’s world-class beef. Successfully fulfilling this year’s quota reflects not only our operational resilience but also our commitment to ensuring optimal returns for producers and sustainable growth for the national economy. We deeply value the long-standing confidence of our Norwegian Clients and will continue to foster partnerships that deliver competitive and profitable outcomes for all stakeholders,” Meatco interim CEO, Albertus Aochamub said. McDermot, PetroFund partner to advance namibia's energy talent pipeline McDermott and the Petroleum Training and Education Fund signed an agreement to collaborate on academic and industrial training initiatives in Namibia's upstream oil and gas sector. The collaboration will align with international standards to provide Namibian students, job seekers and service providers access to training, mentorship and employment opportunities. The upskilling and knowledge transfer aspect of the agreement is designed to equip the local workforce with the skills needed for technical roles such as engineering, fabrication, operations and project management to unlock the country's offshore energy potential. - Market Watch

Company News in Brief

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