As in previous months, most visitors to Namibia in October 2024 came from Germany, Austria, and Switzerland, collectively accounting for 43.86% of international tourists, a report by Simonis Storm reveals. Local travellers followed with the highest domestic occupancy rate of 12.93%, though this marked a decline from 14.63% in September.Continue Reading
Namibia and China are highly aligned in green transformation and there is a great potential for both sides to explore future cooperation in this field, Elia George Kaiyamo, the Namibian ambassador to China has said. Namibia, a country in southern Africa, is heavily dependent on electricity imports, with about 50Continue Reading
Shakwa Nyambe, the Managing Partner of SNC Incorporated, has been ranked as a Highly Regarded Lawyer for Oil and Gas in Namibia by the IFRL1000 rankings of 2024. He is specifically recognised for his exceptional work in the practice area of Projects: Energy, with a focus on the Oil andContinue Reading
SNC Incorporated has announced its remarkable achievement in the IFLR1000 2024 rankings. The firm has been ranked as a Recommended Firm in Namibia and awarded a Tier 3 ranking in the Financial and Corporate practice area, which affirms its status as a leader in the Namibian legal market. Since itsContinue Reading
The Namibian Competition Commission (NaCC), and Choppies Supermarket Namibia (Pty) Ltd (Choppies) entered into a N$2.2 million settlement agreement following the Commission’s investigation which found that Choppies have contravened Chapter 4 of the Competition Act 2 of 2003, for implementing a merger without the approval of the Commission. The transactionContinue Reading
The Ohlthaver & List (O&L) Group celebrated their high-performing operating companies (OpCo’s) at the annual O&L Persona Awards, held on Friday, 22 November 2024, at O&L Leisure’s mountain paradise, Midgard. This inaugural, prestigious event celebrates the exceptional performance of O&L Group operating companies, recognising those who embody the core valuesContinue Reading
The Communications Regulatory Authority of Namibia (CRAN) has said that Space Exploration Technologies, Inc. (“SpaceX,” also known as Starlink), an international aerospace company offering Low Earth Orbit (LEO) satellite communication services, is not licensed to operate in the Republic of Namibia. Following an investigation, CRAN has established that Starlink isContinue Reading
By Katja Meier A number of variables such as changing client demands and expectations, technological advancements and the growing importance of the concept of generational wealth are driving a significant transformation in the traditional wealth management environment. Wealth management has changed from being exclusive to wealthy customers to adopting aContinue Reading
By Frederick Muller At Alexforbes, our mission is to craft advice-driven investment solutions that address the evolving needs of our clients. In today’s dynamic financial landscape, traditional investment products often fall short of offering both value and stability. Recognizing this gap, we are proud to introduce an innovative solution tailoredContinue Reading
Canadian company Reconnaissance Energy Africa Ltd. (ReconAfrica) has reached a new milestone at its project in Namibia, after successfully completing drilling operations at the Naingopo well. This field is located in the Petroleum Exploration License PEL 73 and has reached a total depth of 4,184 meters, exceeding the initially projectedContinue Reading
