The rate of suspected Digital Fraud attempts in retail where the consumer was in Namibia when transacting was the highest among industries analyzed in 2023 at 3.4%. However, that rate decreased 21% year-over-year (YoY). When it came to the industries with the greatest increase in the rate of suspected DigitalContinue Reading
…Luderitz based company vying for N$923 million grand prize Kelp Blue, an innovative seaweed company that seeks to restore marine biodiversity and promote carbon sequestration to support a healthier ocean ecosystem, has been named as one of 20 finalists by the XPRIZE Carbon Removal Competition. The XPRIZE is a four-yearContinue Reading
88 Energy Ltd told investors a contractor had been hired for a 2D seismic acquisition program in onshore Namibia. Polaris Natural Resources Development was awarded the contract, for a programme that’s scheduled to start in mid-2024. It will acquire a minimum of 200 kilometres of seismic data. AIM-quoted 88 EnergyContinue Reading
The Development Bank of Namibia (DBN) has announced the appointment of Auguste Fabian as a Brand Marketing Specialist, effective May 2024. Auguste brings over 8 years of marketing and communications experience to the role, along with a wealth of knowledge in brand strategy development and implementation. Jerome Mutumba, Executive forContinue Reading
SNC Incorporated has announced its participation in the highly anticipated Africa Energies Summit 2024, set to take place in London, United Kingdom from May 14th to 16th, 2024. As a leading exhibitor at this year’s event, the firm is eager to showcase its expertise to a global audience comprising industryContinue Reading
For the first three months of 2024, the Otjikoto Mine in Namibia, in which B2Gold holds a 90% interest amassed revenue of nearly N$2 billion (about US$106 million) achieved through 51 450 onces of gold, the gold miners’ financial statements for the first quarter reveal. Open pit mining operations atContinue Reading
In response to the persistently high unemployment rate among young people in Namibia, the Capricorn Foundation has pledged to invest N$1 million in Bank Windhoek’s Young Talent Programme. The funds are earmarked for The Capricorn Academy for School Leavers, a new initiative under Bank Windhoek’s overarching Young Talent Programme. TheContinue Reading
By Ndinelago Kanyolo As we transition from childhood to adulthood, the responsibility for managing our finances gradually shifts from our guardians to ourselves. This transition marks a pivotal moment in our lives, where we are tasked with the responsibility of navigating the complexities of day-to-day financial management. While managing moneyContinue Reading
Namibia’s unique risks insurer, the Namibia Special Risks Insurance Association (NASRIA) Ltd and Bank Windhoek have announced their partnership on the Credit Guarantee Scheme (CGS) agreement to the amount of N$50 000 000 (fifty million Namibian Dollars), which sees the Bank being the latest financial institution to implement the Scheme.Continue Reading
Charged with the responsibility to ensure the safety and security within the jurisdiction of the city, coupled with the increasing need for smart policing, the leadership of the Municipal Council of Windhoek and Namibia’s premier digital enabler, MTC, have signed a Memorandum of Understanding which will see the two partiesContinue Reading
