Namibia’s oil boom has this week moved closer to home for AIM-quoted explorer Tower Resources PLC, as US major Chevron agreed a deal to take control of an offshore block in the Walvis basin. Attentions have mainly been on the Orange basin recently as a series of large-scale, ‘world class’Continue Reading
As uranium developer Bannerman Resources progresses with its plans for an initial eight-million-tonne-a-year Etango project, in Namibia, it is casting its gaze towards a broader horizon. The company has started to delve into potential expansion options, aiming for a larger-scale operation in the future. The ASX-listed junior recently completed aContinue Reading
Sintana Energy Inc has welcomed a new deal between Namibia’s national oil company NAMCOR and Chevron to develop Petroleum Exploration License 82 (PEL 82) located in the Walvis Basin, offshore Namibia. Chevron, through its affiliate Chevron Namibia Exploration Limited, will take up to an 80% operating working interest in theContinue Reading
The Minister of Environment, Forestry and Tourism, Pohamba Shifeta has invited and urged tourism operators to promote, market and continue to develop new tourist routes, services and products in the Kavango- Zambezi Transfrontier Conservation Area (KAZA TFCA) region to attract more visitors and increase tourism economic activities. Officially opening theContinue Reading
FlyNamibia has announced the opening of a new and permanent office in Lüderitz at the Lüderitz Waterfront (Old Power Station) which will enable the airline to give customers and the Lüderitz community more personalised and direct services. This follows success of the Luderitz route which opened on 1 July 2023Continue Reading
Halliburton Company has it has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd., a private company engaged in both onshore and offshore energy exploration in Africa. “This collaboration between Halliburton and Rhino Resources marks a strategic milestone to harness the full potential of Namibia’s oilContinue Reading
Calle Schlettwein, Minister of Agriculture, Water and Land Reform, assumed Chairmanship of the Zambezi Watercourse Commission (ZAMCOM), in Mozambique late last week. He took over from Carlos Alberto Fortes Mesquita, Minister of Public Works, Housing and Water Resources of Mozambique, last Thursday in Tete Province, Mozambique. The event took placeContinue Reading
Owing to an inherent shifting landscape of MTC’s products; and responding to the changing market demands, MTC Namibia has introduced to the market three new offerings, namely Aweh YoVoice, Aweh YoData and Aweh Ultra that offers more value and flexibility. The new offerings do, however, come at the expense ofContinue Reading
During the period spanning January to February of 2024, the collective number of international arrivals at various nationwide airports amounted to 71,584 passengers, showing an increase from the 57,921 passengers recorded during the corresponding period in 2023. This was revealed by Simonis Storm which further highlighted that however, it isContinue Reading
Capricorn Private Wealth (CPW) hosted their Women’s Event on “Fill Your Cup” as the theme in Windhoek. South African advocate and law professor Thulisile Madonsela was the keynote speaker. Prof. Madonsela’s remarks focused on managing and developing the mind and becoming an agile leader, which also builds internal resilience. InContinue Reading
