Nedbank Namibia last week hosted the business community of Swakopmund and Walvis Bay to discuss the 2024/2025 national budget, which was recently tabled by the Minister of Finance and Public Enterprises, Ipumbu Shiimi. In her opening remarks, Nedbank Namibia Managing Director, Martha Murorua, reinforced the bank’s role in aligning withContinue Reading
In its ongoing commitment to education and youth development, Sanlam has announced the awarding of six bursaries and the induction of 17 interns into the Sanlam family. This initiative reinforces Sanlam’s dedication to fostering education and nurturing young talents, aiming to bridge the gap in skills development and contribute toContinue Reading
By Marlize Horn (Bank Windhoek) The idea of Authentic Leadership in the business world gained significant attention in the early 2000s when Bill George’s book “Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value” was published. Although Authentic Leadership only became prominent over two decades ago, its principles align wellContinue Reading
Namibia’s Pupkewitz Megatech has been granted a coveted distribution license for JinkoSolar into some of the SADC countries, including South Africa. Jinko is one of the largest manufacturers of solar panels in the world and this license makes Pupkewitz one of only five Jinko distributors for South Africa. in theContinue Reading
Namibia and South Africa are in talks to launch infrastructure projects worth N$7 billion over the next three years to address current rail and port inefficiencies. The Namibian Executive Director for the Ministry of Finance and Public Enterprises, Titus Ndove was quoted saying that his ministry is mobilising an initialContinue Reading
Salomo Hei, Board Chairperson of the Namibia Statistics Agency has bemoaned funding gaps that have hampered the Agency’s statistical collection initiatives highlighting that this gap has led to a statistics gap, hindering NSA’s ability to conduct all planned surveys and gather comprehensive data. Notable absentees of latest statistics are: theContinue Reading
The Namibia Chamber of Commerce and Industry (NCCI) has commended the Minister of Finance and Public Enterprises, Iipumbu Shiimi for the consultative approach he took in the budget planning process highlighting that it is encouraging that the views and concerns raised, and the recommendations made by NCCI in consultative sessionsContinue Reading
Preliminary interpretation of a vast swath of three dimensional(3D) seismic data in Namibia’s hydrocarbon rich Orange Basin, has provided clues for a contiguous relationship between the Orange basin and the Pelota basin in Southern Brazil and Uruguay. “The time for a conjugate leap from the significant discoveries of Namibia’s OrangeContinue Reading
Namibia-focused junior Reconnaissance Energy Africa (ReconAfrica) has received a significant fillip for its 2024 exploration campaign in the frontier Kavango basin after an independent resource assessor estimated that prospects on its acreage could house 3.4 billion barrels of potentially recoverable oil. Toronto- and Frankfurt-listed ReconAfrica holds a 90% stake inContinue Reading
First oil in 2028, while plausible, would be impressive and for that to happen, some really good results from the current Namibia appraisal program are required, Justin Cochrane, Africa Upstream Regional Research Director for S&P Global Commodity Insights has said. Cochrane who spoke to ECP on what the pathway toContinue Reading
