Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, from both upstream and midstream facilities as nations on the continent look to these commodities to power their economies. Zest WEG business development specialist Lukas Barnard says that, for theContinue Reading
The Energy Invest: Namibia 2023 publication – the official investment report on Namibia’s oil, natural gas, power, mining and renewable energy sectors – will be launched at the “Invest in Namibia Energies” strategic session at African Energy Week 2023 in Cape Town on October 18. Endorsed by the Ministry ofContinue Reading
A new TransUnion survey, presented at the inaugural Financial Services Summit in Namibia this week, has revealed a challenging financial outlook for Namibian consumers. While two in 10 (20%) said their income increased in the last three months, close to four in 10 (36%) reported a decrease, and 45% anticipateContinue Reading
Analysts will be eager to hear more from TotalEnergies (NYSE:TTE) about the potential for the company’s recent oil discoveries in Namibia at its investor day next week, Reuters reported Friday. “Namibia could become the largest ever deep-offshore discovery for TotalEnergies, potentially surpassing Block 17 in Angola,” Kepler Cheuvreux analyst BertrandContinue Reading
FlyNamibia has announced the launch of its newest route, connecting Windhoek and Walvis Bay, Namibia, to Cape Town, South Africa. This exciting addition to FlyNamibia’s network is set to provide travellers with convenient access to these incredible destinations, while also bolstering regional connectivity. Starting from 29 October 2023, FlyNamibia willContinue Reading
By Rex Mutelo Recent conversations have highlighted a recurring theme: the expectation of substantial returns from investments that may not align with their inherent risk profiles. This prevailing sentiment is not uncommon and often stems from a misunderstanding of the diverse investment options available. This article aims to unveil theContinue Reading
Bank Windhoek is unswerving and committed to its valued employees’ well-being and financial security. This statement was made by Bank Windhoek’s Managing Director, Baronice Hans, on Tuesday, 19 September 2023, when she announced the successful conclusion of the Bank’s annual salary negotiations. Hans announced that for the fiscal year 2023/2024,Continue Reading
Namibian President Hage Geingob said the US is missing out on a chance to invest in green hydrogen projects and mineral resources in the southern African nation, while the European Union is showing great interest. German officials visited Namibia in December and considered investing there as they search for newContinue Reading
By Noël Mouton In the realm of financial planning, there’s an aspect that often remains unexplored until it’s too late – the impact of funeral expenses on a family’s financial well-being. The subject is sombre, yet it is a reality that demands our attention. As thought leaders in the realmContinue Reading
FlyNamibia has announced its recent accession to the International Air Transport Association (IATA) as a new member. This significant milestone not only marks an extraordinary achievement for FlyNamibia but also signifies a promising future for the airline industry in Namibia and beyond. IATA, with its mission to represent, lead, andContinue Reading
