The latest Fraser Institute Survey of Mining Companies has found that various African countries, including Namibia, have declined in their investment attractiveness for mining exploration. Fraser Institute’s 2023 annual mining survey, which assesses the impact of mineral endowments and policy factors on attitudes toward exploration investment. The survey responses haveContinue Reading
The West African Energy Summit has announced that Maggy Shino, Petroleum Commissioner of Namibia, will be presenting never-before-seen insights on the Luderitz Basin at this year’s inaugural event. The session will be hosted by the Petroleum Commission of Namibia and their leadership including Ms. Maggy Shino. The Petroleum Commissioners presentationContinue Reading
Africa Oil has issued updates on its E&P activities offshore southern and western Africa in its latest results statement. In the Orange Basin offshore Namibia, operator TotalEnergies will perform technical studies this year to define a potential development concept for the large Venus oilfield discovery. The Mangetti-1X exploration well, drilledContinue Reading
In April 2024, light commercial vehicles (LCVs) dominated with 433 units sold, indicating robust business and trade activities while passenger vehicles follow closely with 411 units, a report released by Simonis Storm reveals. In this same month, vehicle sales in Namibia fell to 899 units, down from 1,451 units inContinue Reading
The air was filled with tantalising aromas as Nedbank Namibia proudly announced the launch of the 2024 Nedbank Kapana Cook-off Competition at Bra Q’s in Katutura on Friday, 17 May 2024. This year’s competition marks a decade of culinary excellence and entrepreneurial empowerment. At the media launch, 18 media teamsContinue Reading
Paratus Namibia Holdings Limited (PNH), a leading telecommunications company in Namibia, has successfully raised over N$600-million through its recent Rights Issue and investment drive, which was fully subscribed. This significant capital infusion has effectively doubled the company’s market capital on the Namibia Stock Exchange News (NSX). The raised capital hasContinue Reading
The Namibia Institute of Pathology Limited (NIP) and the Namibia Public Workers Union (NAPWU) have concluded and signed a collective wage agreement for the 2024/2025 financial year, which will see employees get salary increases between 6 and 10% effective April 1, 2024. The agreement marks a significant milestone for NIPContinue Reading
Alfred H Knight, a leading global provider of inspection and analysis for metals, minerals, solid fuels and agricultural industries has appointed Moses Pius as Country Manager for the Namibia branch. Pius is a scientist with over 10 years of experience in the minerals extractive industry. According to his LinkedIn profile,Continue Reading
By Trophy Shapange It remains factual that the first quarter of 2024 has been marked by significant shifts in investor sentiments and market dynamics worldwide, influenced by a complex global macro backdrop. The period saw a divergence in expectations as central bankers and economic data presented mixed signals, underscoring theContinue Reading
By Stephanus Vries In the hustle and bustle of everyday life, it’s easy to get swept up in the whirlwind of financial goals and commitments. It’s crucial to take a step back and reflect on how we’re balancing our financial aspirations with our mental well-being. In Namibia, where the paceContinue Reading
