Bourbon Logistics has secured a new fully integrated logistics contract by an unnamed oil and gas major to support its exploration campaign and the drilling of its first well in the waters of southern Namibia. The campaign, estimated to last about six months, marks a significant step forward in theContinue 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
The Bank of Namibia has been named the winner of the Pioneer Award at the 2024 Central Banking FinTech & RegTech Global Awards, held in Mexico City on 13 November 2024. This prestigious accolade recognises central banks, regulators, or supervisors that have made outstanding contributions in leveraging cutting-edge technology forContinue 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
With agriculture at the forefront of the Namibian economy and the welfare of its people, Bank Windhoek’s Executive Officer for Business Banking, Leon Koch, said Bank Windhoek has made agriculture a priority sector in its strategy. “We have launched various products to support this vital industry, including the Sustainability Loan,Continue 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
O&L Leisure – a subsidiary of the Ohlthaver & List (O&L) Group – has announced the relaunch of Chobe Water Villas, its exclusive riverside retreat, with a revitalised brand identity that brings guests closer to “Namibia Through Our Eyes.” Situated on the banks of the Chobe River, this luxurious oasisContinue Reading
