Huge oil discoveries in the deep coastal waters off Namibia over the last two years are generating a wave of energy investor interest in the country’s hydrocarbon reserves – the recent finds potentially turning it into one of Africa’s top petroleum producers in the coming years. With an estimated 11Continue Reading
Antler Gold has expanded its landholding in Namibia. Two additional exploration licenses have been awarded to Antler by the Ministry of Mines and Energy of Namibia, pending issuance of environmental clearance, as well as the renewal of Exclusive Prospecting Licenses EPL-8010 and EPL-6408 (Erongo Central Gold Project). Two newly-awarded licenses,Continue Reading
John Uusiku has been appointed as the new Managing Director and Principal Officer of Namibia Special Risks Insurance Association Limited (NASRIA). Uusiku brings a wealth of experience and expertise in insurance, reinsurance, regulation, and strategic management to lead a dynamic NASRIA team towards greater success and innovation. “We are confidentContinue Reading
The Port of Walvis Bay has welcomed the Norwegian Dawn cruise passenger liner which arrived at 8:00 a.m. on March 22, 2024, and will remain alongside until March 23, 2024. The Norwegian Dawn provides an exceptional 21-day journey from Cape Town, South Africa to Barcelona, Spain. Boasting remarkable amenities suchContinue Reading
A senior team from the World Bank visited the Development Bank of Namibia (DBN) last week to explore development co-operation between the two development financiers. The discussions focused on the preparation of a technical background paper of the financial sector for the Namibia Climate Change and Development Report. Ajai Nair,Continue Reading
SNC Incorporated has announced the promotion of Shafimana Shimakeleni from Senior Associate to Partner effective 1st April 2024. This milestone not only marks an important occasion for the firm, but is also a testament to the dedication, expertise and exceptional leadership shown by Shafimana throughout his tenure with SNC Incorporated.Continue Reading
The Board and Management of the Communications Regulatory Authority of Namibia (CRAN) has announced the appointment Mufaro Nesongano as Executive: Communication and Consumer Relations effective 20 March 2024. With over 20 years of experience in broadcasting, communication, public relations, and brand management, Nesongano has a proven track record of successContinue Reading
In line with regulatory requirements, the banking sector will be rolling out changes to how clients make and receive payments between Namibia, Eswatini, Lesotho and South Africa also known as ‘the Common Monetary Area’ as of 15 April 2024. This means that all cross-border Electronic Fund Transfer (EFT) payments processedContinue Reading
Namibia Critical Metals has announced the sale of four non-material gold properties in Namibia to Sylla Gold. Sylla will issue to Namibia Critical Metals three-million common shares at a deemed issuance price of $0.05 a share and make a cash payment of C$100 000 (about N$1.3 million). This move reflectsContinue Reading
Following a review of the Blyvoor project in Gauteng, South Africa, and given the new direction of Aim-listed Katoro Gold and the need to focus on a clear pathway to high-value business activities, the company has decided to cease any further investment in this project with immediate effect. Katoro hadContinue Reading
