Namibia’s unique risks insurer, the Namibia Special Risks Insurance Association (NASRIA) Ltd and Bank Windhoek have announced their partnership on the Credit Guarantee Scheme (CGS) agreement to the amount of N$50 000 000 (fifty million Namibian Dollars), which sees the Bank being the latest financial institution to implement the Scheme.Continue Reading
With approximately 350 health facilities offering pharmaceutical services in Namibia, capacity building and technical support for pharmacists are crucial to maintaining top-quality service provision. For many pharmacists, day-to-day business and the high number of patients leave little time for training in key areas such as medicine safety and health commodityContinue Reading
…highest recorded total since August 2023 Atleast 34,196 cattle were marketed in March 2024—the highest monthly figure recorded since August 2023; a quarterly livestock report released by Simonis Storm has revealed. This total included 12,709 cattle slaughtered within domestic facilities and 21,487 exported live, predominantly to South Africa. Notably, inContinue Reading
Shell is looking with keen interest at Galp Energia’s huge Mopane oil discovery in Namibia’s Orange basin to see what it can learn about prospectivity on its own exploration block immediately to the south, as it continues to grapple with its “complex” discoveries. Galp reported within the last week thatContinue Reading
Namibia’s oil boom has this week moved closer to home for AIM-quoted explorer Tower Resources PLC, as US major Chevron agreed a deal to take control of an offshore block in the Walvis basin. Attentions have mainly been on the Orange basin recently as a series of large-scale, ‘world class’Continue Reading
As uranium developer Bannerman Resources progresses with its plans for an initial eight-million-tonne-a-year Etango project, in Namibia, it is casting its gaze towards a broader horizon. The company has started to delve into potential expansion options, aiming for a larger-scale operation in the future. The ASX-listed junior recently completed aContinue Reading
Sintana Energy Inc has welcomed a new deal between Namibia’s national oil company NAMCOR and Chevron to develop Petroleum Exploration License 82 (PEL 82) located in the Walvis Basin, offshore Namibia. Chevron, through its affiliate Chevron Namibia Exploration Limited, will take up to an 80% operating working interest in theContinue Reading
The Minister of Environment, Forestry and Tourism, Pohamba Shifeta has invited and urged tourism operators to promote, market and continue to develop new tourist routes, services and products in the Kavango- Zambezi Transfrontier Conservation Area (KAZA TFCA) region to attract more visitors and increase tourism economic activities. Officially opening theContinue Reading
FlyNamibia has announced the opening of a new and permanent office in Lüderitz at the Lüderitz Waterfront (Old Power Station) which will enable the airline to give customers and the Lüderitz community more personalised and direct services. This follows success of the Luderitz route which opened on 1 July 2023Continue Reading
Halliburton Company has it has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd., a private company engaged in both onshore and offshore energy exploration in Africa. “This collaboration between Halliburton and Rhino Resources marks a strategic milestone to harness the full potential of Namibia’s oilContinue Reading
