Elevate Uranium, an ASX-listed company with assets in Namibia and Australia, on Friday announced a placement of shares to raise N$124 million (about A$10-million). Demand for the placement, at A$0.32 a share, was strong, reported MD Murray Hill. “The placement adds further depth to our register, strengthens our financial positionContinue Reading
U.S. multinational energy corporation Chevron has donated N$5.6 million for projects that support food security in Namibia, plus N$1 million for emergency drought relief for vulnerable women and children. At a signing ceremony of the partnership between Chevron and the United States Agency for International Development (USAID) in Windhoek, U.S.Continue Reading
London-based Banker magazine has awarded Standard Bank Namibia the coveted Bank of the Year Award. The Awards are regarded as the industry standard for banking excellence and recognise global financial institutions that have outshone their peers. “This acknowledgment is proof of the commitment and tenacity of our amazing staff. EveryContinue Reading
As part of Namibia’s COP28 programme, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), DMG events and Vasco Da Gama Energy on 06 November 2023 officially launched the inaugural Global African Hydrogen Summit (GAh2S), to be hosted in Windhoek on 03 – 05Continue Reading
By Betty Ndjiva In Namibia, ensuring financial security is a common goal shared by individuals and families alike. Life insurance stands out as a vital tool in this endeavor, offering protection and peace of mind not only for entrepreneurs but for all segments of society. This article explores the comprehensiveContinue Reading
The National Petroleum Corporation of Namibia: NAMCOR has reported the successful conclusion of its Annual Marine Tanker Jetty offshore Industrial Drill test. This drill, conducted in collaboration with the Namibian Port Authority (Namport), the Namibian Navy, Namibian Police Services, the Walvis Bay Municipality Traffic Department, and the Walvis Bay FireContinue Reading
In a significant demonstration of excellence, Momentum Metropolitan has been honoured as the “Long Term Insurer of the Year,” while its subsidiary, Momentum Short Term Insurance, has been equally celebrated as the “Short Term Insurer of the Year” at the prestigious 2023 Namibia Premier Business Awards. These dual accolades representContinue Reading
By Samuel Linyondi The 2023 United Nations’ Sustainable Development Goals (SDGs) Report found that around 2.4 billion working-age women are not afforded equal economic opportunity worldwide. Published by the United Nations in 2015, the SDGs are a collection of seventeen interlinked objectives designed to serve as a shared blueprint forContinue Reading
By Kristof Itana The next generation of wireless communication networks and services is in our midst. New figures from Global System for Mobile Communications Association (GSMA) Intelligence shows that the journey of commercial deployment of the fifth generation of wireless broadband, known as Fifth Generation (5G) wireless technology has alreadyContinue Reading
In the fiscal year 2023, Windhoek Country Club Resort overall revenues witnessed a remarkable improvement, surging by an impressive N$ 69.2 million year on year, Dr. Evans Simataa, chairperson of the Board of Directors of the hotel. Simataa said this while handing over a dividend cheque to the amount N$20Continue Reading
