…as special risk insurer rebrands and recommits to excellence Namibia Special Risk Insurance Limited (NASRIA) last week launched its new brand identity which reflects the company’s commitment to providing innovative and customer-centric insurance solutions to individuals and businesses in Namibia. The launch event was held at the Windhoek Country ClubContinue Reading
The northern area of Namibia has made a significant upturn, recording the highest occupancy rate in August 2023 of 76.4%, compared to 62.5% in July 2023. According to research firm, Simonis Storm, this is the first time since October 2022 that the northern area has the highest occupancy rate. TheContinue Reading
Recent reforms to Namibia’s power sector have resulted in a more attractive operating environment for Independent Power Producers, from whom the Namibian government seeks to procure new generation capacity. Presently importing between 50-60% of its annual power consumption from the Southern African Power Pool, large-scale power generation projects and greaterContinue Reading
Trigon Metals has announced results from confirmation drilling at the Kombat Mine in Namibia with key highlights from the drilling campaign. The reported results are from the East 400 area, and the Kavango North Pit. The East 400 area is located 250m east of the Kavango Pit where mining beganContinue Reading
Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, from both upstream and midstream facilities as nations on the continent look to these commodities to power their economies. Zest WEG business development specialist Lukas Barnard says that, for theContinue Reading
The Energy Invest: Namibia 2023 publication – the official investment report on Namibia’s oil, natural gas, power, mining and renewable energy sectors – will be launched at the “Invest in Namibia Energies” strategic session at African Energy Week 2023 in Cape Town on October 18. Endorsed by the Ministry ofContinue Reading
A new TransUnion survey, presented at the inaugural Financial Services Summit in Namibia this week, has revealed a challenging financial outlook for Namibian consumers. While two in 10 (20%) said their income increased in the last three months, close to four in 10 (36%) reported a decrease, and 45% anticipateContinue Reading
Analysts will be eager to hear more from TotalEnergies (NYSE:TTE) about the potential for the company’s recent oil discoveries in Namibia at its investor day next week, Reuters reported Friday. “Namibia could become the largest ever deep-offshore discovery for TotalEnergies, potentially surpassing Block 17 in Angola,” Kepler Cheuvreux analyst BertrandContinue Reading
FlyNamibia has announced the launch of its newest route, connecting Windhoek and Walvis Bay, Namibia, to Cape Town, South Africa. This exciting addition to FlyNamibia’s network is set to provide travellers with convenient access to these incredible destinations, while also bolstering regional connectivity. Starting from 29 October 2023, FlyNamibia willContinue Reading
By Rex Mutelo Recent conversations have highlighted a recurring theme: the expectation of substantial returns from investments that may not align with their inherent risk profiles. This prevailing sentiment is not uncommon and often stems from a misunderstanding of the diverse investment options available. This article aims to unveil theContinue Reading
