QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest in the Petroleum Exploration License and Petroleum Agreement for Block 2813B (PEL0090), offshore Namibia. Pursuant to the agreement, QatarEnergy will acquire a 27.5% interest, while HEL(the operator) willContinue Reading
The Pupkewitz Group, well-known for its longstanding contributions to the Namibian retail landscape, is unveiling an ambitious transformation of its MegaBuild Lifestyle concept at a new location in The Grove neighbourhood in Windhoek. This store introduces an innovative, immersive retail experience to Namibia, blending thoughtful design, convenience and an extensiveContinue Reading
Noronex Ltd and its big joint-venture partner, global miner South 32, have struck 30m at 1.1 per cent copper-equivalent from a 5000m drill program at their Fiesta prospect, part of the wider Humpback-Damara project in the south-western African country of Namibia. The project sits along the renowned Kalahari copper belt,Continue Reading
…as Finance and Public Enterprises Ministers appoints new Board of Directors The Development Bank of Namibia (DBN) has announced the appointment of its new Board of Directors, effective 1 January 2025. Appointed by the Minister of Finance and Public Enterprises, Honourable Ipumbu Shiimi, in line with the Public Enterprise GovernanceContinue Reading
Capricorn Group has announced the appointment of Johan Maass as Group Financial Director effective 22 November 2024. Johan joined Capricorn Group on 1 April 2018 and has served as Group Chief Financial Officer since 1 July 2022. Johan is a Chartered Accountant by profession, with a B.Com Hons degree inContinue Reading
Namibian tin miner, Andrada Mining exceeded its permitted water usage limit by more than 37,000m3 in the 2024 financial year, with operational water withdrawals increasing by 51% from 123,922m3 in FY2023 to 187,603m3. According to the miner’s sustainability report, the company, however, improved withdrawal intensity by 5% from 0.22m3 inContinue Reading
Reconnaissance Energy Africa Ltd (ReconAfrica) said it had made progress in its exploration efforts within Petroleum Exploration Licence 073 (PEL 73) in Namibia over the most recent quarter. During the three-month period to end September 30, 2024, drilling at the Naingopo exploration well in the Damara Fold Belt reached aContinue Reading
Old Mutual Namibia has announced the appointment of Ramona Itembu as Group Human Capital Executive, effective 22 November 2024. Ramona brings a wealth of experience and a proven track record in human capital management that will be instrumental in furthering Old Mutual Namibia’s mission to be an employer of choice.Continue Reading
Nedbank Namibia was awarded the Institute of People Management (IPM) HR Center of Excellence Award of the Year, at the 14th Annual IPM Namibia Conference. The conference took place on 19 November in Windhoek where Nedbank Namibia was recognised for its work in the wellness department, particularly through the establishmentContinue Reading
Letshego Holdings Namibia has announced the appointment of Herwin Tsowaseb as Head of Credit, effective 15 November 2024. Herwin brings a wealth of expertise in credit evaluation and financial management, with over a decade of experience in senior roles at some of Namibia’s leading financial institutions. Herwin’s academic credentials furtherContinue Reading
