19
Jul
Martin Endjala The mining industry is estimated to have generated N$38 billion last year from the sales of minerals in terms of local content which relates to supply and demands by sourcing goods and services from local suppliers. Of this, 44 percent of the total industry revenue or N$16.8 billion was spent on sourcing goods and services from local suppliers and from the sale of minerals. The Namibian Chamber of Mines believes that the number has the potential to exceed 50 percent or N$17 billion by ploughing back into the country’s economy. This was revealed yesterday by the Chief Executive…