RocketNet, a dynamic Namibian Internet Service Provider, is transforming connectivity by delivering fast, affordable Fibre Internet to underserved Namibian communities. Founded in 2019 by Xander Erasmus with a vision to bridge the digital divide in areas such as Osona Village, RocketNet has since expanded its reach to include other previouslyContinue Reading
In continuous efforts to uphold its mandate of emancipating the Namibian economy, the Namibia Industrial Development Agency (NIDA) held a stakeholder engagement with stakeholders from various financial organizations and backgrounds on April 25th at the Hilton Garden Inn in Windhoek. The breakfast event brought together various key stakeholders from institutionsContinue Reading
Portugal’s Galp Energia has resumed talks with potential partners as it seeks to develop a discovery in Namibia, the company said on Monday after reporting a 29% drop in adjusted first-quarter core profit. In February, Galp said it had found a significant presence of light oil and gas condensate inContinue Reading
An exploration well within a petroleum exploration license (PEL) in Namibia’s Orange Basin operated by France’s energy giant TotalEnergies has come up dry. As reported by Africa Oil Corporation, one of TotalEnergies’ partners in the petroleum exploration license (PEL) 56, the Marula-1X exploration well within the southern part of BlockContinue Reading
In a bold move to unlock Namibia’s untapped offshore energy reserves, U.S. oil giant ExxonMobil is doubling down on studies across a vast stretch of the under-explored Namibe Basin, aiming to pinpoint prime drilling targets in what could become a transformative chapter for the country’s hydrocarbon sector. The initiative, confirmedContinue Reading
The Namibian financial sector demonstrated notable resilience in 2024, with retirement funds and long-term insurers emerging as pivotal players in sustaining fiscal stability. According to the April 2025 Financial Stability Report (FSR) jointly released by the Bank of Namibia (BoN) and the Namibia Financial Institutions Supervisory Authority (NAMFISA), these non-bankingContinue Reading
BW Energy has unveiled plans to drill a new gas well at its Petroleum Production License 003 (PPL 003) offshore Namibia between September and October 2025, marking a pivotal step in advancing the long-awaited Kudu gas project. The announcement, made by Manfriedt Muundjua, Deputy General Manager of BW Kudu, duringContinue Reading
Namibia’s petroleum sector is poised for a historic leap as TotalEnergies edges closer to finalizing plans for its ambitious Venus offshore oil project, with top officials expressing unwavering confidence in a 2026 green light. Despite formidable technical hurdles in one of the world’s deepest offshore developments, Namibia’s Petroleum Commissioner MaggyContinue Reading
By Hanli Jacobs In today’s dynamic financial landscape, businesses must take a proactive approach to managing cash flow. While keeping excess funds in bank accounts may seem convenient, it often results in minimal returns and underutilises valuable capital. Forward-thinking companies empowered by these solutions use money market investments to improveContinue Reading
The University of Namibia (UNAM) medical school graduates celebrated a dual boost of professional readiness and financial empowerment this week, thanks to a collaboration with PSG Wealth Namibia. During an event at the Professor Amaambo Auditorium last week, the soon-to-be doctors received sponsored medical scrubs and critical financial literacy trainingContinue Reading
