The National Petroleum Corporation of Namibia (NAMCOR) Board of Directors has announced that its negotiations with Lionel Matthews for his possible recruitment as interim Acting Managing Director were unsuccessful. The Executive Business Strategy Shiwana Ndeunyema will continue to serve as Acting Managing Director until further notice. “The Board will keepContinue Reading
The banking sector in southern Africa will soon be rolling out changes to how clients make and receive payments between Namibia, Eswatini, Lesotho and South Africa also known as ‘the Common Monetary Area’. This change is necessary because of new regulations set by the treatment of cross-border payments, to whichContinue Reading
By Johannes Hesekiel As a country Namibia is recognised for its diverse climate, gorgeous scenery, and distinctive fauna. However, weather patterns in the country can be unexpected, and seasons have a big impact on the country’s short-term insurance sector. The rainy season, which lasts from November to April, and theContinue Reading
In collaboration with the Capricorn Foundation, Bank Windhoek will host a Grade 4 Mathematics Teachers Initiative in Windhoek from Tuesday, 25 April, until Wednesday, 26 April 2023. Supported by the Ministry of Education, Arts and Culture, the workshop aims to invest in the education of Namibian youth. Bank Windhoek’s HeadContinue Reading
The Namibia University of Science and Technology’s (NUST) Management met with the Namibia Public Workers Union (NAPWU) last week Thursday, 20 April 2023, to discuss issues raised in a letter written by NAPWU about a month ago. This meeting served as a first of a series of planned meetings thatContinue Reading
Namibia became the first of many countries to launch the Brands on a Mission Sexual Reproductive Health and Rights (SRHR) Pan African campaign, led by Professor Myriam Sidibe and Dr Michel Sibide, who both arrived last week for a week’s engagement with key stakeholders to start a continuous platform forContinue Reading
As part of aviation safety initiatives and in compliance with the targets set out in the National Aviation Safety Plan 2023-2025, the Namibia Civil Aviation Authority will be hosting the third Aviation Safety Workshop on the 29th of April 2023 under the theme “Share Knowledge – Improve Safety”. The workshopContinue Reading
The Development Bank of Namibia (DBN) has announced its participation in the Bank of Namibia (BoN) SME Economic Recovery Loans scheme. Participation brings the number of schemes on offer by DBN to two. The other scheme offered by the Bank is the KfW Bankengruppe (KfW) scheme. Highlighting the differences betweenContinue Reading
Tourist inflows still look promising and set for further growth in 2023. The number of foreign arrivals averaged 11,431 per month during the first two months of 2023, compared to a monthly average of 5,223 in the first two months of 2022, a report by research firm, Simonis Storm reveals.Continue Reading
Namibia Critical Metals president, Darrin Campbell has said since initiating a 16,000 meter drill program which brought the size of their Lofdal project resource from 6 million tonnes to over 53 million tonnes Total Rare Earth Oxide (TREO), his team believes that they’ve cracked the geological code of the projectContinue Reading
