Canadian oil and gas company, ReconAfrica, and its joint venture partner, Namibian national oil company, NAMCOR, have been granted approval by the country’s Ministry of Mines and Energy (MME) for the second renewal exploration period on Petroleum Exploration License (PEL) 73 in the Kavango Basin. The second renewal exploration periodContinue Reading
Last week, One Economy Foundation (ONE) hosted its 8th Annual Fundraising Gala Dinner at the Windhoek Country Club and Resort in Windhoek and managed to raise N$4.2 million surpassing the N$4 million dollar target that was set. The contributions received will play a significant role in advancing the Foundation’s missionContinue Reading
Dantagos Jimmy-Melani, producer of ‘Bokwagter’, one of the films which formed part of the MultiChoice Namibia/NBC project, was recently selected for the Creative Producer Indaba (CPI). The CPI is a professional development programme that hones the leadership and entrepreneurial skills of African producers through online and in-person sessions that willContinue Reading
Mineral exploration and development company Deep-South Resources is expected to drill on the Haib Copper project in southern Namibia this month. The company will mobilize its field crew to initiate drilling, with the first drill expected around November 10, 2023, and the second drill around November 15, 2023. The drillingContinue Reading
First National Bank of Namibia has announced the launch of the Credit Guarantee Scheme, a groundbreaking initiative in partnership with NASRIA that aims to empower youth, women, and small and medium-sized enterprises (SMEs) in Namibia. The event, which was held in Windhoek, attracted youth, women, and SMEs from various sectorsContinue Reading
In a world filled with uncertainties, insurance plays a pivotal role in safeguarding our financial well-being. While insurance offers financial protection, the question often arises: why do we need a Financial Adviser? It is not uncommon for people to harbour negative perceptions about Financial Advisers, assuming they are merely salespeopleContinue Reading
By Ambassador Randy Berry “The United States is all in on Africa.” President Biden affirmed during the U.S.-Africa Leaders Summit last December. The future is Africa. On example is its youthful population: The median age on the continent is nineteen. By 2050, one in four people in the world willContinue Reading
The Environmental Investment Fund of Namibia (EIF) through the Green, Resilient Recovery Rapid Readiness Support in Namibia” (NAM-RS-004) project has contracted Fichtner GmbH & Co.KG to assess the viability of green hydrogen production and its derivatives in the Central Hydrogen Valley. This central region includes the Erongo, Khomas and OtjozondjupaContinue Reading
In a time of economic uncertainty, Old Mutual Namibia remains committed to gaining a deeper understanding of the financial behaviours and attitudes of Namibians. Yesterday Old Mutual Namibia launched its Old Mutual Financial Services Monitor (OMFSM), an annual study, which offers invaluable insights by focusing on a key cohort inContinue Reading
By Kehad Snydewel Namibia’s Namibian Statistics Agency (NSA) recently embarked upon the National Housing Census across Namibia. This cannot have escaped anyone’s attention, and across the breadth and length of the Land of the Brave, every inhabitant is being counted. The data collected, collated, and analyzed will form the basisContinue Reading
