B2Gold’s Otjikoto Mine in Namibia, in which the Company holds a 90% interest, had a strong finish to 2023 and produced an annual record of 208,598 ounces of gold, at the upper end of the guidance range of 190,000 to 210,000 ounces, mainly due to improved processed grade as aContinue Reading
In a heartfelt tribute to the esteemed legacy of President Hage Geingob, MTC (Mobile Telecommunications Limited) has announced a special initiative. Starting tomorrow, February 22, 2024, and lasting until February 25, 2024, MTC will be granting 82 complimentary national minutes to all its valued customers. “Dr. Hage Geingob, the thirdContinue Reading
The Minister of Mines and Energy Tom Alweendo has appointed members of the National Energy Council. The members are John Titus (Chairperson), Dr. Michael Humavindu, Sem Kadhikwa, Helvi Fillipus, Maria Amakali, Anna Shatika, Zoe Nambahu and Bertus Eksteen. The members of the Council are appointed in terms of Section 1Continue Reading
Norwegian deepwater driller Odfjell Drilling is looking to capitalise on its position in the hot-spot of Namibia where it sees rising demand from existing and new oil and gas company clients, as well as opportunities in neighbouring South Africa. The semisubs Deepsea Mira and Deepsea Bollsta drilled for Total EnergiesContinue Reading
Namibia will become the second African country, and one of only a handful worldwide, to trial the 4-day work week in a groundbreaking move towards redefining the traditional workweek. The initiative aims to explore innovative ways of enhancing work-life balance, boosting employee productivity, increasing revenue, and ultimately creating a moreContinue Reading
The preliminary stock of international reserves stood at N$49.7 billion as of 31st January 2024, slightly above the level of N$49.0 billion reported previously partly due to SACU receipts, the Bank of Namibia (BoN) has said following its Monetary Policy Committee (MPC) first bi-monthly meeting for 2024. To continue safeguardingContinue Reading
Namibia expects to produce first oil by 2030, with development plans underway for the eight discoveries made in the Orange Basin since 2022. This string of upstream success will not only create new opportunities for job creation, industrialization and long-term economic growth, but has demonstrated the lucrative potential of offshoreContinue Reading
Inceptus Energy, a public-private partnership between Alensy Energy Solutions (Alensy) and Inceptus Holding (Inceptus), the business arm of the University of Namibia (UNAM), has announced the successful financial close with the Development Bank of Namibia (DBN) and Old Mutual Namibia for a groundbreaking solar project at UNAM. This partnership marksContinue Reading
Yango, the leading ride-hailing service in Namibia, is taking proactive steps to enhance the safety of drivers and riders alike with the introduction of a new speed control feature in the Yango Pro app. This innovative technology represents Yango’s commitment to fostering a safer transportation environment for everyone involved. TheContinue Reading
TotalEnergies chief executive Patrick Pouyanne said it is not up to the West and its non-governmental organisations to tell African nations such as Namibia how to go about dealing with the energy transition. In an interview with the Financial Times, he said: “The pace of transition will not be theContinue Reading
