As Namibia mourns the passing of its founding president, Dr. Sam Nujoma, the nation reflects on the indelible mark he left on its socio-economic and energy landscape. A revolutionary leader, freedom fighter, and visionary, Dr. Nujoma dedicated his life to securing Namibia’s independence and laying the groundwork for its long-termContinue Reading
The late Founding Father, Dr. Sam Shafishuna Nujoma, had a strong connection with Terrace Bay, a place where he could enjoy one of his greatest passions, fishing. His last visit to the resort was in 2021. Upon arrival, he would waste no time, dropping his bags and heading straight toContinue Reading
Impact Oil & Gas, a privately-owned, Africa-focused, exploration company has encountered black oil within 85m of net reservoir of lower quality Upper Cretaceous sandstones, belonging to the Mangetti fan system. The company announced this following the successful completion of drilling and DST operations at the Tamboti-1X exploration well and spuddingContinue Reading
KoBold Metals, the mining company backed by a coalition of billionaires including Bill Gates and Jeff Bezos, is expanding its search for lithium and nickel to Namibia. In an interview with Bloomberg, Mfikeyi Makayi, CEO of KoBold’s African operations, said the company is now prospecting for critical minerals in theContinue Reading
By Professor Marvin Awarab The Communications Act 8 of 2009 as amended was enacted and as per its premable its purpose is to provide for the regulation of telecommunications services and networks, broadcasting, postal services and the use and allocation of radio spectrum and for the purpose of the establishingContinue Reading
By Julien Karambua The introduction of a national minimum wage in Namibia is a landmark in the country’s economic and social journey. While its implementation poses challenges for businesses in the short term, the long-term benefits for the economy, communities, and social equity far outweigh these initial hurdles. This policyContinue Reading
Namibia wants to discuss a gas master plan with IOCs drilling oil exploration and appraisal wells that have struck substantial associated gas volumes as the African country seeks to reach first crude production before 2030, Minister of Mines and Energy Tom Alweendo was recently quoted in Abu Dhabi. Ever sinceContinue Reading
Pioneer Lithium has entered into binding agreements to purchase two uranium projects, Skull Creek and Warmbad, in the US and Namibia, respectively. These acquisitions broaden the company’s critical energy minerals portfolio with exploration and development potential in uranium-friendly jurisdictions. Skull Creek, located in Colorado, hosts uranium mineralisation within the SegoContinue Reading
Connected Minerals has secured an exclusive prospecting licence for its Swakopmund Project in a prolific uranium producing region in Namibia. The Swakopmund Project, covering 125km2, demonstrates the potential for calcrete-hosted uranium deposits within paleochannels running off nearby hot granites. Connected Minerals, which has a market capitalisation of US$9.89 million, hasContinue Reading
The Namibian vehicle market in 2024 reflected a confluence of economic forces, consumer sentiment, and shifting industry dynamics, with Toyota maintaining a commanding lead. According to the Simonis Storm, Toyota sold 10,171 units, with the brand reinforcing its entrenched position, benefiting from strong brand loyalty, superior resale value, and dominanceContinue Reading
