Those arguing that higher oil prices are ahead often point in evidence to a chronic lack of investment in oil exploration of late. Without sufficient capital put into large, offshore projects, crude supply will wither, they say. In fact, there have been very large oil discoveries including in the NorwegianContinue Reading
Shares of Forsys Metals surged last week after the uranium developer secured a renewal for its exclusive prospecting licence (EPL-3638) on the Namibplaas deposit, part of the company’s flagship Norasa project in Namibia. This licence has been renewed for a further two years until February 2026, it said in aContinue Reading
FNB Namibia today officially launched an Exchange Traded Notes (ETN) programme to allow Namibians to participate in the global investments economy by acquiring listed instruments in international companies like Amazon, Apple, Hathaway, and Microsoft for as little as N$10. Speaking at the event, RMB Namibia Markets Head Ian Erlank highlightedContinue Reading
Dundee Precious Metals has announced that it has entered into a definitive share purchase agreement with a subsidiary of Sinomine Resource Group Co. Ltd., for the sale of its interest in the Tsumeb smelter located in Namibia, including all associated assets and liabilities, through the disposition of all of theContinue Reading
For the period ending 31 December 2023, Oryx Properties’ profit increased by 98% to N$66.9 million helped by improved rental demand showing that prospective tenants are similarly positive about the economy and thus prioritising leasing decisions. The Group also maintained its positive momentum in financial and operational performance, resulting inContinue Reading
… Oryx Properties’ Ben Jooste is inaugural President In a historic move to strengthen Namibia’s expanding property sector, the South African Property Owners Association (SAPOA), together with their Namibian counterparts, have launched the newly formed Association of the Namibian property industry, known as the Namibian Property Association (NPA). This collaborativeContinue Reading
Eos Capital, through the Namibia Infrastructure Development and Investment Fund (NIDIF), has invested in StudentStay, a developer of two student accommodation buildings with a combined 752-bed capacity at the doorstep of the Namibia University of Science and Technology (NUST). This investment is expected to transform the student accommodation landscape inContinue Reading
Pupkewitz Motors has appointed Charmaine Indongo as the Head of Marketing effective since 15 January 2024. A distinguished professional currently an MBA candidate, Charmaine holds a bachelor’s degree in business and a Postgraduate Diploma from the University of Cape Town. With an impressive 17-year career, she has left an indelibleContinue Reading
RND Holdings (Pty) Ltd, a trailblazing entity founded close to a decade ago in 2015, has unveiled its new business premises in Windhoek. The Minister of Industrialization and Trade, Lucia Iipumbu officially inaugurated the new premises alongside the Executive Director: MSME Development, Innovation and Acceleration of the Namibia Investment PromotionContinue Reading
Annually, on 8 March, the world commemorates International Women’s Day. This year’s theme, “Invest in Women: Accelerate Progress,” focuses on the 5th Sustainable Development Goal. Women from all walks of life will gather at the Windhoek Country Club and Resort on 8 March 2024 for the Letshego Women’s Conference. TheContinue Reading
