2024-01-19Edgar Brandt FOLLOWING substantial discoveries of light oil in Namibia at the beginning of last year, global oil major, TotalEnergies now aims to significantly increase its shareholding in two deep-water exploration blocks in the Orange basin off the southern coast. View more
2024-01-23Edgar Brandt Namibia remains high in demand for leisure travellers from around the world with the Hospitality Association of Namibia (HAN) stating that going forward, 2024 holds promises of further growth, View more
2024-01-30Edgar Brandt What is believed to be another substantial oil find has been made in the Orange Basin offshore Namibia, an area that has emerged as one of the world’s most prospective oil and gas regions. View more
2024-01-31Edgar Brandt Energy minister Tom Alweendo yesterday swiftly denied weighty corruption allegations regarding the licensing of oil and gas exploration off the Namibian coast. View more
2024-01-31Edgar Brandt Petroleum imports at the Port of Walvis Bay, strategically located as a gateway to Southern Africa, remarkably increased by 50% during the nine-month period ending 31 December, 2023. View more
2024-02-02Edgar Brandt A shift in domestic borrowing patterns has led to an increase in the overall debt stock. This has resulted in household debt escalating to N$66.8 billion in December 2023, up from N$64.7 billion in December 2022. View more
2024-02-05Edgar Brandt “HE will be remembered for his generosity…He was a humble man… He was accessible to all Namibians…He could strike up a conversation with anyone”. View more
2024-02-09Edgar Brandt THE hits keep coming off the Namibian coast for French multi-energy and exploration company, TotalEnergies with industry insiders reporting another success in the Orange basin. View more
2024-02-15Edgar Brandt Negotiations for the management of the Port of Walvis Bay’s new N$4.2 billion container terminal seem to be nearing finality. View more
2024-02-16Edgar Brandt The Namibian Ports Authority (Namport) plans to invest N$30 million this year to expand the Walvis Bay Port’s entrance gate to five lanes from the current two lanes. View more
2024-02-21Edgar Brandt Tourism could potentially emerge as a major contributor to Namibia’s Gross Domestic Product in 2024, as it holds the potential to become one of the strongest performing sectors of the Namibian economy this year. View more
2024-02-28Edgar Brandt Despite an allure for employees, Namibian employers have questioned the practicality of a four-day work week, stating that the concept is far-fetched due to a unique domestic environment, characterised by relatively low productivity and high unemployment. View more
2024-03-06Edgar Brandt The Namibia Institute of Pathology (NIP) has procured 18 new vehicles at a cost of just over N$11 million, which equates to more than N$611 000 per vehicle. View more
2024-03-07Edgar Brandt In response to the introduction of a pilot programme for a four-day work week in Namibia, the labour, industrial relations and employment-creation ministry remains open to considering innovative approaches to enhance work-life balance and productivity within the domestic workforce. View more
2024-03-18Edgar Brandt ONE of the pioneers of nuclear energy, Russia’s State Atomic Energy Corporation Rosatom (Rosatom), last week stated that if all goes according to plan, they could construct a nuclear power plant in Namibia in the foreseeable future. View more
2024-03-19Edgar Brandt More exploratory drilling in the Orange Basin off the Namibian coast has uncovered another significant column of light oil reservoirs of high quality. View more
2024-03-26Edgar Brandt Fitch Ratings, a United States of America based ratings agency, has reaffirmed the Development Bank of Namibia with a BB- rating and with a stable outlook. View more
2024-03-27Edgar Brandt With more than a quarter of all households in Namibia consisting of shacks and informal settlements which accommodate close to a million Namibians, the pressing demand for affordable housing presents both a challenge and an opportunity for the domestic construction industry. View more
2024-03-28Edgar Brandt Namibia’s infant green hydrogen industry can greatly assist African and specifically Southern African Development Community (SADC) countries to confront a number of interlinked challenges, including climate change, low economic growth rates and poverty. View more
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