The Capricorn Foundation reinforced its commitment to invest in early childhood education when, last week, it announced the extension of its partnership with the African Child Development Trust (ACDT). The Capricorn Foundation announced an investment of another N$575 000 into printing pre-primary and grades 1 to 3 workbooks. Since 2020,Continue Reading
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
By Niita Evaristus Two years ago, Namibia Institute of Pathology Limited (NIP) embarked on an ambitious transformation journey with its Integrated Strategic Business Plan (ISBP) 2022-2027, aptly named Za Tuka, which translates to “The plane has taken off” in Rukwangali. This ambitious five-year plan is demonstrably proving its worth andContinue 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
The African Peace Organization UK, in conjunction with the Government of Namibia, and other strategic partners is set to organize the 3rd Edition of the International African Energy, Oil and Gas Summit with the theme: A Symphony of Progress – Harnessing Africa’s Natural Resource Development, scheduled to hold on theContinue 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
Namibia has improved its ranking in StartupBlink’s global startup ecosystem rankings this year, with results showing that the country has climbed of 12 places since first joining the Index in 2021. In Africa, Namibia climbed one spot to 8th place, right above Ghana (ranked 9th) and Tunisia (ranked 10th).Continue Reading
Trustco continues to demonstrate its ability to generate above-average investment returns. During the interim review period, Trustco’s Net Asset Value (NAV) increased by 9.5% from N$1.15 billion (USD 62 million) to N$1.26 billion (USD 68 million) during the last six months. The NAV per share similarly grew to 128.2 cents,Continue 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
Managing Director of Namforce Martin Shaanika and Commissioner General of Namibian Correctional Service and Chairperson of Board of Directors of the Correctional Service Club General Raphael Hamunyela have signed a memorandum of agreement which signifies Namforce’s deliberate efforts to ensure that Namibians are covered while on duty by ensuring theContinue Reading
