Offshore drilling contractor Northern Ocean has confirmed that one of its semi-submersible rigs, which TotalEnergies employed for multi-country operations, has arrived in Namibia and kicked off its drilling assignment. TotalEnergies picked the Deepsea Mira rig in December 2022 for its multi-country drilling campaign. The rig departed from Bergen, Norway, atContinue Reading

Bank Windhoek’s Business Banking is committed to proactively engaging with Small and Medium Enterprises (SMEs) through information-sharing sessions demonstrating the Bank’s commitment to economic growth and stability. Bank Windhoek’s Manager of Emerging SME, Jenevieve Swartz, made this statement during the Bank’s SME information Session hosted in Windhoek on Friday, 23Continue Reading

Mining-focused investment adviser Appian Capital Advisory has acquired an 89.96% interest in the producing Rosh Pinah zinc/lead mine, located in the Kharas region in southern Namibia, from Trevali Mining. Rosh Pinah is an operating underground zinc/lead mine with a 2 000 t/d milling operation. Controlling ownership will enable Appian toContinue Reading

Nedbank Namibia has announced the appointment of financial veteran, Sam Ikela, as the new Head of Small and Medium Enterprises (SMEs). With a significant span of a quarter-century working in the financial sector, Ikela is no stranger to the industry. His career, which took flight in 1998, has been aContinue Reading

Following its mining restart at its Kombat copper project in Namibia, Canadian copper producer Trigon Metals has said that it is expecting to ship its first copper concentrate this August. In an update to investors on mining operating costs for the open pit at Kombat Mine in Namibia, Trigon MetalsContinue Reading

Telecom Namibia has commenced its journey to replace obsolete technologies and fast-track its digital transformation initiatives with the signing of a N$327 million contract with Sistemas Avanzados De Technologia S.A (SATEC) to supply, deliver, install, commission, and maintain Operations and Business Support Systems. This project will introduce a convergent platformContinue Reading