In terms of Article 32 (3) (i) (dd) of the Namibian Constitution, President Nangolo Mbumba appointed today 9 February 2024, Emma Theofelus as Minister of Information and Communication Technology. As Minister, Theofelus is expected to strengthen the foundation for the accelerated use and development of ICT and ensure the inter-operability/comparabilityContinue Reading
Diamond producer De Beers reported that its 2023 fourth-quarter rough diamond production in Namibia decreased by 4% year-on-year to 600 000 ct, owing to marginally lower grades at the land operations. Overall, production decreased by 3% year-on-year to 7.9-million carats, primarily owing to the planned reduction in South Africa asContinue Reading
Upstream uranium mining and exploration company Madison Metals has discovered high-grade uranium mineralisation at Anomaly 5, located within the company’s Khan project at Madison West in Namibia’s Erongo uranium province. These findings, which include a surface sample of 8.47% triuranium octoxide (U3O8), signal an expansion of new uranium mineralisation, extendingContinue Reading
Evelina Ndeuyamo Shangheta, a multifaceted entrepreneur and dedicated police officer, has harnessed the power of partnership with Yango to drive success in her ventures. As the owner and Managing Director of Hannes and Eve Investment cc (Hannes and Eve Rides), Shangheta has seamlessly integrated her business acumen with the opportunitiesContinue Reading
Between January and February 2024, Bank Windhoek’s Marketing and Corporate Communication Services Department donated toiletries and stationery items to the Baumgartsbrum Farm School and the Rocky Crest High School in Windhoek. The initiative is part of the Bank Windhoek’s Empathy Project. Situated about 20 kilometres from Windhoek towards the DaanContinue Reading
French supermajor, TotalEnergies has made another oil discovery offshore Namibia, although it is too early to say if the find is commercial. The ultra-deepwater exploration probe, said well-watchers, was also drilled deeper to intercept a northern extension of the supermajor’s huge Venus discovery. Three sources indicated to Upstream that theContinue Reading
Shell has just started carrying out flow tests on a key appraisal well drilled on its large Jonker oil discovery in Namibia’s Orange basin. The Jonker-2A well is being drilled an impressive 23 kilometres from the discovery well and was spudded in late November by semi-submersible rig Deepsea Bollsta. ShellContinue Reading
…drillship current operating in Namibia TotalEnergies and Vantage Drilling International have signed a binding agreement to create a new joint venture (JV) that will acquire from Vantage the Tungsten Explorer drillship. Pursuant to the terms of the agreement, TotalEnergies will pay N$3.7 billion million for a 75% interest in theContinue Reading
Trigon Metals Inc. has announced the commencement of operational training for the underground mine at the Kombat project ahead of schedule, marked by the successful blasting of the first block. The early initiation of the underground operational training underscores Trigon’s commitment to operational excellence and efficient project delivery. The firstContinue Reading
By Stephanus Vries In the ever-evolving landscape of business, where competition is fierce and innovation is the key to success, the importance of talent development and management cannot be overstated. It’s actually the key that makes successful organisations stand out from the others. Talent development is about developing potential andContinue Reading
