Namibia possesses the capacity to replicate Guyana’s achievements in the energy industry, according to NJ Ayuk, the African Energy Chamber’s chairman. Ayuk lauded the abundant geological resources of both nations in a recent discussion with Paul Hickin, editor-in-chief of Petroleum Economist. However, he emphasised the criticality of fiscal and regulatoryContinue Reading
BW Energy is in talks with other Orange basin players in Namibia about securing access to a drilling rig to accelerate exploration activities close to its Kudu gas discovery. The Oslo-listed junior operates Production Licence (PL) 3 which holds the 1.3 trillion cubic foot Kudu field that the company wasContinue Reading
At least 62% of Namibians, especially those living in rural regions, still rely primarily on cash for income and payments, Bank of Namibia Governor, Johannes Gawaxab has said. Despite Namibia’s significant progress in achieving financial inclusion, now estimated at 78%, these efforts have not translated into widespread benefits, particularly inContinue Reading
…now has 19 stores in Namibia Choppies Namibia has announced the successful opening of its new store in Okakarara. The grand opening marks a significant milestone for the company, bringing a range of firsttime offerings to the town, including a deli, bakery, and butchery. The new store is a testamentContinue Reading
FNB Namibia hosted an informal cocktail event at their Head Office to welcome participants and organisers of the 6th Africa Youth in Tourism Innovation Summit and Challenge (AYTIS). Among the guests were Dr. Emma Kantema, Deputy Minister of Sport, Youth and National Service, and Egyapa Mercer, Minister of Tourism, Ghana.Continue Reading
By Katja Meier In a world where the only constant is change, safeguarding your wealth becomes not just a financial necessity but a moral obligation towards your loved ones. Estate planning, which is often overlooked or postponed indefinitely, is a pivotal step for securing your financial legacy, protecting your lovedContinue Reading
Andrada Mining has purchased TOMRA XRT sorters as part of its expansion plans at the flagship Uis Mine in Namibia. The sorters feature TOMRA’s latest innovation launched earlier this year at the Mining Indaba exhibition: the groundbreaking OBTAIN™ software that leverages Deep Learning to bring single-particle precision to high-throughput particleContinue Reading
Nedbank Namibia recently hosted its inaugural employee market day, which provided a platform for staff to showcase and sell their products and promote their services. The employee market day took place at Freedom Plaza next to the Nedbank campus. Employees from the various departments within the bank transformed the areaContinue Reading
Minister of Finance and Public Enterprises, Iipumbu Shiimi has been named as ‘Best African Minister’ by the prestigious African Banker Awards tonight in Nairobi, Kenya. The award was received by Deputy Minister of Finance, Honourable Maureen Hinda-Mbuende. The African Banker Awards are an annual event for African banking organised byContinue Reading
FirstRand Namibia Group, as Group entities, FNB Commercial and RMB have collaborated to sponsor the Africa Hospitality and Investment Forum (AHIF) with a N$500,000. Connie-Marlene Theyse, Head of Enterprise Banking at FNB Namibia said, “We are proud to partner with the Namibia Investment Promotion Development Board for the Africa HospitalityContinue Reading
