BW Energy has committed to drill a well on the Kharas prospect offshore Namibia on the northwest of the Kudu Formation. The company has secured long-lead items for a program that it hopes to start in the second half of next year. It is reviewing offers for rig capacity viaContinue Reading
Bank Windhoek secured second place at the Battle of the Banks competition hosted by ICAP Training Solutions South Africa. Bank Windhoek’s Managing Director Baronice Hans said this achievement underscores the exceptional talent within Bank Windhoek. “It highlights the value of investing in initiatives that build local expertise while strengthening ourContinue Reading
The Namibian table grape export season is in full swing. The first significant container shipments left the port of Cape Town for Europe last weekend and are due to arrive in the UK in around 15 days. Buoyed by excellent weather conditions and a bigger crop, growers in the AussenkehrContinue Reading
MSC Mediterranean Shipping Company SA’s Africa logistics unit will invest as much as N$776 million in Namibia by 2030 to benefit from growing oil, gas and renewable energy developments. Africa Global Logistics is already building a warehouse facility in Walvis Bay and plans to invest south of the port inContinue Reading
Capricorn Group and its flagship brand, Bank Windhoek, scored big in the prestigious PSG Wealth Namibia Banking Review Report for 2024. This esteemed recognition was presented earlier on Thursday in Windhoek by Brian van Rensburg, Director of PSG Wealth, and accepted by Capricorn Group CEO, David Nuyoma. The award, partContinue Reading
By Theo Klein The consensus view is that a Trump 2.0 presidency will not be good for markets outside the US. Several key macroeconomic metrics at a global level will be affected: higher inflation and interest rates; a stronger US dollar; a weaker Chinese economy; and suppressed oil prices. AtContinue Reading
The Board of Directors of Namibia Breweries Limited have announced the appointment of Waldemar von Lieres as Managing Director as of 1 January 2025. Waldemar is currently NBL’s Finance Director, where his strategic insight and people-centred leadership have driven financial and operational successes. Peter Simons, currently NBL Managing Director untilContinue Reading
The University of Namibia has announced the introduction of its Corporate Work Integrated Education (CWIE) Programme, commencing in 2025. This mandatory programme, a key component of UNAM’s newly transformed curriculum launched in 2023, requires all undergraduate students to complete practical work experience in their third year. Students on the newlyContinue Reading
By Celeste Nangolo Innovation doesn’t happen without risk, and part of that risk involves things not always going as planned. Innovation is, in essence, “planned failure”. That sounds kind of daunting, but it’s a thought necessary for actual progress. We learn through risk and experimentation what works and what doesn’t.Continue Reading
…say it proudly employs approximately 98% local workforce Sinomine Tsumeb Smelter has announced the new structure of its Executive Committee (ExCo) team. This comes as part of the company’s ongoing commitment to operational excellence, sustainable growth and commitment to diversity and inclusion. The executive team of Sinomine Tsumeb Smelter comprisesContinue Reading
