Bank of Namibia’s Governor, Johannes !Gawaxab has addressed the London Stock Exchange in London, highlighting that Namibia continues to offer stability and predictability in an uncertain global economic environment despite facing domestic challenges such as a disruptive drought. The Governor addressed bankers, analysts, and representatives of the London Stock ExchangeContinue Reading
…The inspiring journey of Brave Chibaka By Simon Namesho In 2016, at just 14 years old, Brave Chibaka enrolled at the University of Namibia’s José Eduardo Dos Santos Campus to pursue an honours degree in Civil Engineering. This wonder kid’s academic exploits culminated in earning his sought-after degree, graduating inContinue Reading
Uranium project developer Deep Yellow has appointed Nedbank as the mandated lead arranger and bookrunner to coordinate and arrange project financing for its flagship Tumas project, in Namibia. The ASX-listed mining company says Nedbank has an extensive track record in financing mining projects across Africa. The current Deep Yellow managementContinue Reading
The O&L Group has announced the appointment of Franziska Rueeck, esteemed Chief Experience Officer, as a Director of the Ohlthaver List Finance Trading (Pty) Ltd (OLFITRA) Board, effective 26 June 2024. This strategic appointment is a testament to Franziska’s outstanding contributions across the O&L Group, reflecting the company’s commitment toContinue Reading
More than 12 oil companies, including Exxon, Shell and Brazil’s national oil company, have expressed interest in buying a 40% stake in Galp Energia’s major oil discovery offshore Namibia, it has been reported. Galp’s Mopane discovery, which is estimated to hold at least 10-billion barrels of oil and gas equivalent,Continue Reading
By Ronny Shapumba In today’s ever-evolving economy, many individuals are on the lookout for careers that not only promise financial stability but also offer personal fulfilment and room for growth. One field that’s been increasingly catching the eye of aspiring professionals in Namibia is financial planning. It’s not just aboutContinue Reading
The Capricorn Academy for School Leavers, an initiative of Bank Windhoek under its “Young Talent Programme”, officially launched in Windhoek with the announcement of the ten successful candidates. The Capricorn Foundation pledged in May 2024 that it will be funding this programme of its subsidiary, Bank Windhoek, with an amountContinue Reading
Mobile Telecommunications Ltd, MTC has officially opened a new MTC dealer shop in the town of Otjinene. Previously, MTC used to serve its customers through Nampost which provided limited services. Such services included only the sale and replacement of sim cards. However, with the new dealer shop, customers will nowContinue Reading
In one of the largest deals this year, RMB Namibia acted as the trusted advisor for Entrepo Holdings (Pty) Ltd, a government employee lending institution and long-term insurer, and provided a N$900 million debt funding solution. Entrepo, having matured from a start-up to a highly successful business, required a scalableContinue Reading
Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, has entered into a long-term retail trademark licensing agreement with Bachmus Oil and Fuel Supplies (PTY) LTD (Bachmus), marking a return of the Caltex® brand to fuels retailing in Namibia. Chevron has appointed Bachmus as Chevron’s licensee of the CaltexContinue Reading
