Exxon Mobil has withdrawn from the bidding process to acquire a majority share in Galp Energia’s oil discovery in Namibia, reports Reuters. The Mopane field, which is estimated to hold at least 10 billion barrels of oil and gas equivalent (boe), has garnered interest from several leading energy companies. MoreContinue Reading
As part of Ogilvy Namibia’s ongoing commitment to innovation and excellence, the company has announced that Megan Pritchard will take on the role of Chief Executive Officer (CEO) of Ogilvy Namibia. Megan, who celebrates her 10-year anniversary with the agency on 1 October, was appointed as a shareholder in AprilContinue Reading
In line with Old Mutual’s vision to empower communities, the Old Mutual Foundation’s Staff Community Builder initiative continues to demonstrate impactful community support. Over the past three years (2022-2024), this flagship initiative has enabled 30 Old Mutual staff members to actively engage in community projects across Namibia, with a cumulativeContinue Reading
Alpha Petroleum (Pty) Ltd. has strongly refuted as “false and misleading” claims recently published by multiple publications which allege that the company has engaged Alpha Energy Nigeria and their representative to initiate offshore diamond mining operations under contract with NAMDEB. Last week, multiple publications across Africa ran a story statingContinue Reading
Capricorn Group has announced that Victoria Möller has been appointed the Manager of Group Communication & Stakeholder Engagement, effective 1 October 2024. Victoria joins the Group Brand and Corporate Affairs department to enhance Capricorn Group’s strategic stakeholder engagement and relationships and corporate communication. With 24 years of experience in communicationContinue Reading
The adage ‘from shirtsleeves to shirtsleeves in three generations’ highlights the struggle of keeping family wealth intact. While it’s wise to take proverbs with a grain of salt, this one deserves some thought. A 20-year study by The Williams Group analysed over 3 200 families and found that 70% ofContinue Reading
The Government Institutions Pension Fund (GIPF) has informed its tax paying and qualifying pensioners, spousal and child beneficiaries that the Fund shall make tax payment relief refunds on 28 November 2024 in accordance with the Income Tax Amendment Act, 2024 and the Government Gazette (No. 8442, 16 September 2024) effectiveContinue Reading
…Air Connect welcomes the move South African Airways (SAA) will commence a third daily frequency connecting Windhoek to Johannesburg from 27 October 2024. In this view, Air Connect Namibia says it welcomes the announcement of an additional third daily frequency between Johannesburg and Windhoek to enhance travel options for travellersContinue Reading
By Julien Karambua Namibia’s mining sector, a cornerstone of the country’s economy, is undergoing a significant resurgence, particularly around uranium and gold mining. However, while the potential for growth is significant, the sector faces several challenges that must be addressed to ensure sustained progress and stability. Volatility in commodity pricesContinue Reading
By Erastus Ngaruka A good rainy season should be perceived as one that starts in time as anticipated, is well distributed throughout the season, and ultimately rehydrates the soil, refills water sources, and revegetates the rangeland. However, of recent, rainfall activities are conspicuously erratic, and their effects can be aContinue Reading
