Andrada reports N$775m contribution to economy, as Uis operations expand
Andrada Mining contributed approximately N$775 million to the Namibian economy in the 2025/2026 financial year. The company expanded its operations at the Uis mine in the Erongo region. This is an increase from the N$737 million contributed in the previous year. Local procurement totaled N$651 million, rising from N$594 million in FY2025. Using World Bank multipliers, the company estimated an indirect economic contribution of N$330 million. This indirect figure is up from N$314 million in the prior financial year.
Andrada Mining says it contributed about N$775 million to Namibia’s economy during the 2025/2026 financial year as the company expanded its Uis mine operations in the Erongo region. According to the company’s FY2026 sustainability report, its local economic contribution increased from N$737 million recorded in the previous financial year. The report shows that local procurement accounted for N$651 million, compared with N$594 million in FY2025. The company estimates that its indirect economic contribution reached N$330 million, up from N$314 million in the previous financial year, using World Bank economic multipliers. The figures come amid concerns previously raised by members of