Shell has such “belief” in the scale of its oil and gas discoveries in Namibia’s Orange basin that it will funnel a quarter of its deepwater exploration budget for 2023 and 2024 into the country, according to chief executive Wael Sawan. Shell has made four significant discoveries in Namibia toContinue Reading
Dantagos Jimmy-Melani, producer of ‘Bokwagter’, one of the films which formed part of the MultiChoice Namibia/NBC project, was recently selected for the Creative Producer Indaba (CPI). The CPI is a professional development programme that hones the leadership and entrepreneurial skills of African producers through online and in-person sessions that willContinue Reading
First National Bank of Namibia has announced the launch of the Credit Guarantee Scheme, a groundbreaking initiative in partnership with NASRIA that aims to empower youth, women, and small and medium-sized enterprises (SMEs) in Namibia. The event, which was held in Windhoek, attracted youth, women, and SMEs from various sectorsContinue Reading
In a world filled with uncertainties, insurance plays a pivotal role in safeguarding our financial well-being. While insurance offers financial protection, the question often arises: why do we need a Financial Adviser? It is not uncommon for people to harbour negative perceptions about Financial Advisers, assuming they are merely salespeopleContinue Reading
The Environmental Investment Fund of Namibia (EIF) through the Green, Resilient Recovery Rapid Readiness Support in Namibia” (NAM-RS-004) project has contracted Fichtner GmbH & Co.KG to assess the viability of green hydrogen production and its derivatives in the Central Hydrogen Valley. This central region includes the Erongo, Khomas and OtjozondjupaContinue Reading
Popular fast food chain, Eagles Pizza which has its prime pizza store situated at Baines Shopping Centre has dragged its landlord, Oryx Properties to the High Court over a lease dispute in which the former claims that Oryx double leased the property at Baines to their detriment. Central to EaglesContinue Reading
The Development Bank of Namibia (DBN), Kongalend financial Services (Pty) Ltd and Bellatrix SME Finance (Pty) Ltd have all joined forces with the Namibia Special Risks Insurance Limited (NASRIA) on the Credit Guarantee Scheme (CGS). Launched in August 2020 by Minister of Finance and Public Enterprises, Ipumbu Shiimi, the CGSContinue Reading
Mining and exploration firm Madison Metals executive chairperson and CEO Duane Parham has increased his investment in the company, acquiring a further 233 000 shares on the open market. Prior to the acquisition, Parnham held 1.89-million shares and he now holds 2.12-million shares, representing 10.6% of the company’s common sharesContinue Reading
FNB Commercial Banking is pleased to announce a 1-year partnership agreement with the Harambe Entrepreneur Alliance, an alliance of African innovators known as Harambeans. This strategic partnership aims to unlock the entrepreneurial potential of Namibia and transform its entrepreneurial landscape. As part of this collaboration, FNB’s SME clients will gainContinue Reading
Yesterday, on the eve of the Global Gateway Forum, Commission President Ursula von der Leyen and President of Namibia Hage Geingob endorsed the roadmap for the EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen, supported by €1 billion in investments by the EU, its Member StatesContinue Reading
