The Namibian Ports Authority (Namport) cancelled a pre-qualification tender for a new oil and gas supply base at Luderitz just days after launching it and without explanation, its social media page showed on Friday. The sudden cancellation is a blow to government efforts to accelerate development at Luderitz port, theContinue Reading
Standard Bank Namibia has announced the appointment of Hellen Amupolo as the new Head of Business & Commercial Banking, effective 20 June 2025. With over 17 years of experience in development finance, structured finance, and enterprise banking, Hellen brings a wealth of expertise to Standard Bank Namibia. Her distinguished careerContinue Reading
The Bank of Namibia (BoN) has announced a strategic pivot to include physical gold in its foreign exchange reserves, targeting gold to comprise 3% of its net reserves. The move, revealed in Governor Johannes !Gawaxab’s Monetary Policy Dialogue presentation yesterday, aims to bolster economic resilience amid global uncertainty and alignContinue Reading
Building on the momentum of its inaugural event in 2024, Standard Bank Namibia will host the second annual Anti-Financial Crime Conference on Thursday, 14 August 2025, convening regulators, financial institutions, and global experts to address the rising complexity of financial crime in the digital age. Last year’s conference opened aContinue Reading
In a bold step forward for Namibia’s energy future, the Petroleum Training and Education Fund (PETROFUND) and FirstRand Namibia, encompassing RMB Namibia, FNB Business and FNB Retail officially signed a transformative Memorandum of Understanding (MOU) during the Namibia Oil and Gas Conference on Wednesday in Windhoek. PETROFUND Chief Executive OfficerContinue Reading
Namibia has once again punched above her weight and emerged as first in Africa and second overall in the 2025 ranking of the Greenfield FDI Performance Index, fDi Intelligence announced this week. The Greenfield FDI Performance Index measures how effectively a country attracts greenfield Foreign Direct Investment (FDI) projects basedContinue Reading
TotalEnergies SE is planning a fresh drilling campaign offshore South Africa in a vast basin that includes major oil discoveries in neighbouring Namibia. Total’s South African unit expects to drill as many as seven wells in the Deep Western Orange Basin in waters about 211 kilometers (131 miles) off theContinue Reading
The Old Mutual Foundation has announced the top three winners from the Kunene Region in the final chapter of the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED), marking the close of a four-year journey that has championed grassroots entrepreneurship across Namibia. Taking first place is Joseph Edison Nauiseb,Continue Reading
Air Connect Namibia has welcomed Proflight Zambia’s new three-times-per week scheduled service between Lusaka’s Kenneth Kaunda International Airport (LUN) and Windhoek’s Hosea Kutako International Airport (WDH), via Livingstone’s Harry Mwaanga Nkumbula International Airport (LVI), commencing from 03 March 2026. This service will operate on Tuesdays, Fridays and Sundays according toContinue Reading
On Friday, 8 August, Nedbank Namibia handed over 300 donated items and a cash amount worth N$30 000 to the One Economy Foundation, as part of their Box Donation Drive campaign. The handover took place at the One Economy Foundation BeFree Campus in Katutura, and it is aimed at supportingContinue Reading
