FNB Insurance has announced the official launch of its partnership with LEFA Transportation Services Namibia aimed at promoting responsible driving and enhancing road safety in Namibia. The partnership is designed to reduce road-related incidents and will see FNB Insurance clients receive two LEFA voucher codes valid for two trips everyContinue Reading
ASX-listed Askari Metals has reviewed the historical exploration database for its Uis project, in Namibia, with the focus on evaluating the significant tin and tantalum mineralisation that exists. Data review has initially focused on EPL 8535 being the southernmost tenement owned by Askari, located about 14 km from the London-listedContinue Reading
By Baronice Hans Namibia finds itself at a defining moment. With a wealth of natural resources, a young and dynamic population, and strategic positioning within the region, the nation holds significant promise for long-term prosperity. However, to fully unlock this potential, we must look beyond economic fundamentals and focus onContinue Reading
Letshego Holdings Namibia has announced the official opening of its first deposit-taking branch in Oshakati. This marks a significant step forward in the company’s mission to provide inclusive and accessible financial services to communities nationwide. The branch is located at Shop No. 10 in the Oshakati Shopping Centre (Game Complex)Continue Reading
Grand Gulf Energy has moved to join the likes of Shell, Chevron and TotalEnergies in exploring the “hot” offshore Namibia play by entering into an agreement to acquire a controlling interest in a large block in the Walvis Basin. The company has entered into a binding option agreement to acquireContinue Reading
DP World has inaugurated a cutting-edge temperature-controlled distribution facility in Walvis Bay, marking a significant milestone in Namibia’s cold chain infrastructure development. The N$39 million investment underscores the global logistics giant’s commitment to bolstering trade efficiency and stimulating economic growth in the region, particularly as demand for reliable food serviceContinue Reading
In a landmark advancement for Namibia’s education landscape, Platonic Academy Namibia, a pioneering Science, Technology, Engineering, and Mathematics (STEM)-based institution, has solidified a strategic partnership with International Education Link (EduLink), a globally acclaimed leader in academic facilitation, to unlock unparalleled international opportunities for Namibian scholars. The historic Memorandum of UnderstandingContinue Reading
Weba Chute Systems has appointed Toolquip Namibia as its official agent in Namibia, a move that forms part of the company’s broader strategy to strengthen its footprint across the African continent. The appointment will significantly enhance Weba Chute Systems’ ability to serve the Namibian mining and industrial sectors by ensuringContinue Reading
Namibia’s annual inflation rate eased to 4.2% in March 2025, down from 4.5% a year earlier, offering a mixed picture of price stability as underlying pressures in essential categories continued to strain household budgets. According to the latest report by Simonis Storm, the moderation reflects a delicate balance between stabilizingContinue Reading
Namibia’s trade landscape witnessed a notable shift in February 2025, as the country’s import bill contracted by 9.3% month-on-month, reflecting both temporary supply chain adjustments and broader economic pressures. According to the latest Macro Pulse: Trade Statistics-February’25 report by Simonis Storm, Namibia imported goods worth N$12.2 billion in February, downContinue Reading
