By Ruan Bestbier Sustainability is the concept of meeting today’s needs without compromising the ability of future generations to meet their own. It encourages a balanced approach to using resources, taking only what we need while preserving essential resources for human survival. Sustainability involves taking conscious steps to balance environmental,Continue Reading
Alfred H Knight (AHK), a global leader in inspection, testing, and consultancy services, is expanding its agricultural solutions in Namibia. The company recently completed its first wheat vessel discharge inspection at the Port of Walvis Bay, marking a significant milestone in supporting Namibia’s growing agricultural sector. For over 140 years,Continue Reading
RES4Africa, in collaboration with the SADC Centre for Renewable Energy and Energy Efficiency (SACREEE) and NUST Namibia, with support from Enel Foundation and the Italian Embassy in Pretoria will on the 5th of November host an event in Windhoek under the theme: “Growing renewable energy technologies in Namibia.” This year’sContinue Reading
Galp chief executive Filipe Silva promised the current appraisal well being drilled offshore Namibia “will be a keeper”, as the Portuguese oil major progresses development of its large Mopane discovery at a fast pace and has started discussions with potential partners to join in – although a deal is notContinue Reading
FirstRand Namibia has announced that its two banking franchises, FNB and RMB, have won an impressive set of awards at the Global Finance Best Banks Awards late last week. The two franchises were honoured with awards in the following categories: Best Bank in Namibia, Best overall bank for cash managementContinue Reading
By Elsie Kambala In a world increasingly driven by digital transactions, the comfort of cash remains a steadfast companion for many Namibians. About 67% of Namibian adults held a bank account in 2017, according to the World Bank. This indicates that a sizable portion of the population lacks access toContinue Reading
Having generally taken stakes of only up to 10% in the first wave of upstream oil exploration projects, Namibia, through the National Petroleum Corporation of Namibia (NAMCOR), is now looking to increase its stake to possibly 20 or even 30% in the near future, Business Express understands. This comes atContinue Reading
Household mortgage loan growth between January and August 2024 paints a gloomy picture, with a contraction of -2.9%, indicating that elevated debt levels and constrained disposable incomes continue to weigh heavily on consumers’ ability to respond to lower interest rates. According to Simonis Storm, while the reduction in borrowing costsContinue Reading
Solarcentury Africa Limited and its local partner, Sino Energy (Pty) Limited, have announced the successful financial close of a pioneering 20 MWp solar photovoltaic (PV) plant in Namibia. This project will be the first fully merchant independent power producer in the region, trading all its renewable energy on the SouthernContinue Reading
Aldoro Resources Ltd has acquired two diamond drill rigs to fast-track exploration and resource definition at the Kameelburg REE and Niobium Project in Namibia. The drill rigs, expected to arrive in the first week of November, will be accompanied by drill rods, consumables and spares. Capable of drilling up toContinue Reading
