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
The Africa Hospitality Investment Forum (AHIF) Conference took place in Windhoek, Namibia, from 25-27 June. Stakeholders in the hospitality and tourism industry, including investors and industry executives, came together under the theme “Inspiring Growth, Powering Investment.” The main topics discussed were about the potential for future developments and investment inContinue Reading
The 2024 Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) initiative has officially concluded, marking another successful year of empowering Namibia’s brightest entrepreneurial minds. This year’s programme concluded in the Oshikoto Region, where innovative businesses and exceptional talent were uncovered, awarding three standout entrepreneurs who are set to makeContinue Reading
Capricorn Private Wealth (CPW) has announced its sponsorship of N$200,000 towards the 43rd Annual Medical Congress facilitated by the Medical Association of Namibia (MAN). The event will take place at the University of Namibia Hage Geingob Campus from Friday, 12 July to Saturday, 13 July 2024, in Windhoek. Delegates, exhibitors,Continue Reading
Many consumers are not aware of the comprehensive suite of services and resources that their bank can provide. This is according to Brian Katjaerua, CEO at the Bankers Association of Namibia who says banks are committed to assisting customers on their journey to financial wellness, offering educational resources and personalisedContinue Reading
