Canadian-based mining giant B2Gold has reaffirmed its commitment to Namibia’s mining sector after investing approximately N$33 million (US$1.8 million) in exploration activities at its Otjikoto Gold Mine during the first quarter of 2025, according to the company’s latest financial report. The expenditure marks a slight increase from the US$1.7 millionContinue Reading
In a decisive victory for international contract enforcement, London-listed mining investment firm Kazera Global has been awarded $11.9 million (about N$216 million) plus legal costs in a binding arbitration ruling against China’s Hebei Xinjian Construction, marking the culmination of a high-stakes dispute over the sale of African Tantalum (Aftan), aContinue Reading
Windhoek’s Central Business District (CBD) has emerged as a focal point of the city’s economic agenda, with municipal leaders pledging urgent action to revive it. During the Ordinary Council Meeting last week, Windhoek Mayor Ndeshihafela Larandja announced a critical engagement with property owners slated for 13 May to address challengesContinue Reading
Namibia’s Petroleum Commissioner, Maggy Shino, will speak at the Invest in African Energy (IAE) 2025 forum in Paris, offering insights into the country’s rapidly evolving hydrocarbon sector and the broader opportunities it presents for upstream investment and partnerships. Namibia has solidified its status as a premier frontier market, with aContinue Reading
Namibia’s fiscal health showed marked improvement in March 2025 as the government’s net financial balance surged 65.9% to N$7.5 billion, up from N$3.9 billion in February, signaling reduced short-term liquidity pressures despite persistent medium-term fiscal uncertainties. The rebound, detailed in the latest Private Sector Credit Extension (PSCE) report from theContinue Reading
Alexforbes Namibia has announced significant enhancements across its group of companies, effective 1 April 2025. These appointments are part of a broader organisational restructure aimed at delivering superior outcomes for clients. To maintain its position as a leading investment destination, Alexforbes Namibia is appointing new managing directors to two ofContinue Reading
Afrail Inc., a premier infrastructure and smart mobility company pioneering eco-friendly transit systems across Africa, the Middle East, and the United States, has announced the appointment of Dr. Helvi Meke Petrus (PhD,FCILT), to its Global Advisory Board. Dr. Petrus is a prominent transportation economist, currently serving as the Transportation CommissionerContinue Reading
Mayor of the City of Windhoek Her Worship, Cllr Ndeshihafela Larandja, has successfully completed a Postgraduate Diploma in Procurement Management from the Namibia University of Science and Technology (NUST Namibia). “This latest academic milestone adds to her growing collection of qualifications and reflects a strong commitment to continuous learning andContinue Reading
To advance Namibia’s renewable electricity ambitions, Namdeb and NamPower signed a Memorandum of Understanding (MoU) to facilitate collaboration on the development and integration of renewable electricity projects into the national grid and Namdeb’s mining operations. Namdeb CEO Riaan Burger and NamPower Managing Director, Kahenge Haulofu signed the MoU at theContinue Reading
By Karischa Schmidt When Namibia was placed on the Grey List by the Financial Action Task Force (FATF) in early 2024, most of the national attention fell on the Financial Sectors, both banking and non-banking, regulatory bodies and legal frameworks. However, as we follow these developments closely, one cannot helpContinue Reading
