The Old Mutual Foundation has shortlisted 40 candidates for the Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) Entrepreneurship Programme, which is currently in its third edition. This initiative maintains its objective to promote entrepreneurship, accelerate economic growth, and address the Sustainable Development Goals (SDGs) in Namibia in collaborationContinue Reading
Canadian gold miner B2Gold which announced its phased closure of Otjikoto open-pit mine in Namibia because of depleted gold resource last year has stepped up its mine closure rehabilitation with closure liability (also including Fekola Mine, Masbate Gold Project) now estimated to cost N$2.3 billion. The mine, which began commercialContinue Reading
Maerua Mall in Windhoek, Namibia is being reconfigured and refurbished for a complete transformation. The 61,500m² GLA existing centre’s reconfiguration has been designed by retail specialists MDS Architecture for owners Oryx. Construction is currently under way and is expected to be completed towards the end of 2024. Aki Savva, partnerContinue Reading
The Bank of Namibia (BoN) has signed an agreement with NPCI International Payments Limited (NIPL), an international arm of the National Payments Corporation of India (NPCI), to develop a secure national payment system, similar to India’s Unified Payment Interface (UPI) using the same technology. UPI is an instant payment platformContinue Reading
Shell has filed plans for a multi-well drilling campaign in an ultra-deepwater Orange basin block in South Africa, adjacent to Namibian acreage where the supermajor and TotalEnergies have made some huge discoveries. The UK-based giant is following in the footsteps of TotalEnergies, which looks set to begin wildcatting next yearContinue Reading
At the Africa Hospitality Investment Forum (AHIF) taking place in Namibia in June, Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), and Dupe Olusola, Managing Director and CEO, Transcorp Hotels Plc, will both receive awards recognising their professional accomplishments. Alain will receive the Outstanding Contribution Award andContinue Reading
By Chris Brown The twin global crises of climate change and biodiversity need to be addressed simultaneously and, as far as possible, in complementary ways. The current proposal to produce “green” hydrogen by turning a near-pristine global biodiversity hotspot in Namibia into an industrial site is certainly not the wayContinue Reading
Chief Executive Officer of FNB Commercial, Sepo Haihambo has said that if Namibia as a nation plays its cards right, it could become a heavyweight in the global energy market. Haihambo was speaking in view of recent major oil discoveries in Namibia at an Economic Breakfast hosted by FNB CommercialContinue Reading
Tower Resources, the Africa-focused energy company, highlighted key operational updates in Cameroon and Namibia in its full-year results for the 12 months ending 31 December. In Cameroon, Tower Resources has applied for a one-year extension of the initial exploration period of its Production Sharing Contract (PSC) following positive discussions withContinue Reading
Welwitchia Health Training Centre has announced that it has officially transitioned into Welwitchia University. In a statement the institution said that this significant milestone represents unwavering commitment to excellence in education and healthcare training. “As we embark on this new chapter, Welwitchia University is more committed than ever to providingContinue Reading
