Norwegian deepwater driller Odfjell Drilling is looking to capitalise on its position in the hot-spot of Namibia where it sees rising demand from existing and new oil and gas company clients, as well as opportunities in neighbouring South Africa. The semisubs Deepsea Mira and Deepsea Bollsta drilled for Total EnergiesContinue Reading
By Sanja van den Berg The emergence of digital disruptions has changed how we handle money, perform transactions, and build confidence in today’s quickly changing financial scene. This shift is radically altering the terms of interaction in the financial services sector rather than merely implementing new technologies. Furthermore, the nextContinue Reading
Municipality of Keetmanshoop and digital enabler, MTC last week inked a Memorandum of Understanding (MOU) – a strategic smart cooperation that will see the two parties enhance and provide digital service solutions to the populace of Keetmanshop. The MOU is prompted by the municipality’s drive to adopt modern technology andContinue Reading
Namibia will become the second African country, and one of only a handful worldwide, to trial the 4-day work week in a groundbreaking move towards redefining the traditional workweek. The initiative aims to explore innovative ways of enhancing work-life balance, boosting employee productivity, increasing revenue, and ultimately creating a moreContinue Reading
At least 80 000 passengers used Namibian airports in the month of December, statistic provided by the Namibia Statistics Agency (NSA) have revealed, highlighting that Hosea Kutako International Airport (75%) accounted for a greater chuck of these numbers. These numbers consist of regional, international, and domestic arrivals and departures ofContinue Reading
The preliminary stock of international reserves stood at N$49.7 billion as of 31st January 2024, slightly above the level of N$49.0 billion reported previously partly due to SACU receipts, the Bank of Namibia (BoN) has said following its Monetary Policy Committee (MPC) first bi-monthly meeting for 2024. To continue safeguardingContinue Reading
Jon Howell, CEO of AviaDev has revealed that 26 airlines and counting are already registered for AviaDev Africa 2024, the premier platform dedicated to growing connectivity to, from, and within the African continent. The event will be held in Windhoek, Namibia in June 2024, hosted by the Namibia Airports Company.Continue Reading
Qvantel, a company in Digital BSS, has announced its secured contract from multinational technology company SATEC Group to provide Qvantel Flex BSS to Telecom Namibia, supporting their digital transformation strategy. Telecom Namibia is laying the groundwork for Namibia’s digital transformation and enhancing digital inclusion. By offering fixed-mobile convergence, Telecom NamibiaContinue Reading
Namibia expects to produce first oil by 2030, with development plans underway for the eight discoveries made in the Orange Basin since 2022. This string of upstream success will not only create new opportunities for job creation, industrialization and long-term economic growth, but has demonstrated the lucrative potential of offshoreContinue Reading
In a landmark move, the Environmental Investment Fund of Namibia (EIF) and the Namibia Special Risks Insurance Association Limited (NASRIA) have formalized a Memorandum of Cooperation (MOC) to propel climate change-related insurance products and foster collaborative efforts, solidifying the two entities commitment to collaborative efforts in addressing climate change-related challengesContinue Reading
