The Namibia International Energy Conference (NIEC) 2023 – which took place under the theme, “Shaping the Future Towards Value Creation” – set forth Namibia’s roadmap towards a just and sustainable energy transition during a dynamic panel discussion on Thursday. Moderated by Sophi Masipa, Co-Founder of pan-African consultancy company, Mwungano ESG,Continue Reading
Government has formally invited international and regional oil and gas companies to submit applications for licenses for petroleum exploration. Speaking at the Namibia International Energy Conference (NIEC) 2023, Minister of Mines & Energy, Tom Alweendo highlighted that legislative frameworks and policies that govern the Namibian upstream oil and gas sectorsContinue Reading
Old Mutual’s rise in the 2023 Top 100 Brands rankings, has resulted in the brand securing not only the position of Strongest Insurance Brand in South Africa, but also Strongest Insurance Brand Globally with a Brand Strength Score of 89/100, up 3pts from 2022. Brand Finance is the world’s leadingContinue Reading
In collaboration with Bank Windhoek, the Namibia Investment Promotion and Development Board (NIPDB) hosted a first-ever Micro-Small and Medium-sized Enterprises (MSME) Finance Symposium on Friday, 21 April 2023 in Windhoek. Themed ‘Accessing finance with Bank Windhoek’, the occasion was attended by entrepreneurs who are formally registered and actively operating forContinue Reading
The Development Bank of Namibia (DBN) has announced its participation in the Bank of Namibia (BoN) SME Economic Recovery Loans scheme. Participation brings the number of schemes on offer by DBN to two. The other scheme offered by the Bank is the KfW Bankengruppe (KfW) scheme. Highlighting the differences betweenContinue Reading
Tourist inflows still look promising and set for further growth in 2023. The number of foreign arrivals averaged 11,431 per month during the first two months of 2023, compared to a monthly average of 5,223 in the first two months of 2022, a report by research firm, Simonis Storm reveals.Continue Reading
Africa is home to some of the largest mineral deposits on Earth, but the vast majority are exported for refining and manufacturing into goods. Local voices advocate for greater beneficiation of minerals within the continent, but many obstacles prevent this reality. Africa is home to some 30% of the world’sContinue Reading
Osino Resources has reported the best gold drill intercept in the company’s history at its Ondundu project in Namibia. Hole ONRC23-017 returned 109 metres grading 2.3 grams gold per tonne from 68 metres depth, including higher-grade intervals of 5 metres at 7.81 grams gold from 50 metres depth, and 3Continue Reading
Government’s Horse Mackerel auction has raised a total of N$52.3 million from the sale of 28,500 MT, inclusive of N$11,000 raised from application fees. This was as a result of the auctioning of the Governmental Objective Fishing Quota of 30,540 MT Horse Mackerel, bids held on 31 March 2023. “TheContinue Reading
President Hage Geingob who is currently on a working visit in South Africa has revealed that after Official Talks, Namibia and South Africa will witness the signing of memorandum on Tourism, an area key to economic development aspirations. “We should, therefore, direct our Ministers and their Senior Officials to ensureContinue Reading
