FNB Namibia has announced the appointment of Dino Ballotti as their new Head of Business & Public Sector Banking, effective 15th August 2024. Ballotti joins FNB from NIPDB, where he worked as Executive Director of MSME Innovation & Acceleration. Sepo Haihambo, CEO of FNB Namibia Commercial commented: “We look forwardContinue Reading
By Erasmus Nekundi As a country, we acknowledge that we still have a fraction of the population whose full participation in the economy is restricted due to the digital divide. This exclusion continues to be a critical hinderance to equal access to information and ultimately to the developmental agenda andContinue Reading
The Namibia Youth Energy Forum (NYEF), the leading platform dedicated to empowering young Namibians in the energy sector has announced its expansion into Lüderitz. This strategic move marks a significant milestone in its mission to foster a new generation of leaders in Oil & Gas, Hydrogen, and Renewable Energy. FoundedContinue Reading
Trustco Group Holdings Limited has announced a proposal for ad hoc compensation in lieu of historical Independent Non-Executive Directors (INEDs) compensation during successive years. The INEDs voluntarily implemented a 20% reduction in their compensation, effective 1 April 2020. The reduction was implemented alongside the Company’s proactive response to the unknownContinue Reading
The National Petroleum Corporation of Namibia (NAMCOR) has announced the appointment of Mildred Hendricks to the NAMCOR Board of Directors. Hendricks brings over 20 years of extensive legal experience, having served in various significant roles within state-owned enterprises and development financing institutions. Currently, she is the Legal Advisor at NamPost,Continue Reading
Just Transition Investment (JTT) Namibia Limited, a pioneering investment company dedicated to financial growth, has been launched. This marks a momentous milestone in the history of Namibia, and the Mineworkers Union of Namibia, as the legacy company. The Just Transition Investments (JTT) Namibia Limited, was officially launched as a publicContinue Reading
Starting September 1, 2024, Air Botswana will introduce direct flights to Namibia. This new service aims to improve travel options for passengers flying between Botswana and Namibia. The airline plans to roll out these routes in phases, concluding by November 1, 2024. The flights will operate from three key locations:Continue Reading
Madison Metals Inc. has announced that the Ministry of Mines and Energy of Namibia has granted permission for nuclear fuels extraction to the Company’s active Mining Licence 86A (“ML-86A”), the same licence within Madison West that hosts the past-producing Khan Copper Mine and the recent discovery of high-grade uranium intrusions.Continue Reading
Global Petroleum, an AIM-listed oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has engaged in discussions to secure a farm-in agreement with an undisclosed potential operating partner for its petroleum exploration license (PEL) 94 in Block 2011A in the Walvis Basin, off the coast ofContinue Reading
Impact Oil & Gas Limited’s wholly-owned subsidiary, Impact Africa Ltd, has entered into an agreement with Silver Wave Energy Pte Ltd to acquire its entire interest (10%) in Area 2 offshore South Africa. Impact currently owns a 90% participating interest and operatorship in Area 2, acquired from Silver Wave EnergyContinue Reading
