The Namibia Airports Company (NAC) strengthened its enterprise-wide risk management capabilities through a strategic partnership with Capricorn Group on Tuesday, 29 April 2025. The partnership aims to build on existing institutional resilience, and embed a proactive risk-aware culture. Facilitated by Horst Simon, Capricorn Group’s business risk officer and globally- recognised risk culture builder, the risk...
Old Mutual Unit Trusts (OMUT), a key offering under the Old Mutual Investment Group Namibia, demonstrated its ongoing commitment to youth development through its recent support of two notable school initiatives that highlight both academic and extracurricular excellence. At Windhoek High School (WHS), OMUT celebrated academic achievement by recognising the top two Grade 10 Mathematics performers during...
Green Enterprise Solutions has partnered with the ministry of justice to launch a transformative Data-Capturing and Cleansing Programme. This programme aims to ensure the smooth and seamless transition of the Master of the High Court from the legacy system to the newly-developed trust system, as the ministry prepares to decommission the present legacy system. In...
Global Credit Ratings (GCR) has upgraded Oryx Properties Limited’s national scale ratings to BBB+(NA)/A2(NA) with a stable outlook, reflecting the company’s strengthened financial position and successful implementation of its growth strategy. The ratings’ upgrade comes as Oryx Properties continues to demonstrate robust performance in the domestic property market, with its portfolio value growing significantly from...
Organisers of the first-ever Namport Nedbank Powerhouse Challenge, which is set to take place in Lüderitz from 2 to 3 May, say all systems are set to go. The event is organised by Powerhouse Cycling Club, which was initially established as a social cycling club by a group of friends in 2017 before getting affiliated...
RocketNet, a Namibian internet service provider, is transforming connectivity by delivering fast, affordable fibre internet to underserved Namibian communities. Founded in 2019 by Xander Erasmus with a vision to bridge the digital divide in areas such as Osona Village, RocketNet has since expanded its reach to include other previously- overlooked areas and towns in Namibia....
Bank Windhoek’s managing director Baronice Hans said the bank remains firmly committed to promoting sustainable solutions in all its financing and investment decisions around the oil and gas value chain. She made these remarks when industry leaders gathered last week in Windhoek for the 7th Namibia International Energy Conference, where they reaffirmed the country’s ambition...
The National Petroleum Corporation of Namibia (Namcor) and its joint venture partners have made a significant discovery off the southern coast of Namibia by detecting a high-quality light-oil-bearing reservoir. The joint venture partners will now turn their attention to post-drilling analysis to determine the next steps of its exploration strategy. Namcor is a joint venture...
The Namibia Airports Company (NAC) has warned the public of some unscrupulous persons posing themselves as NAC employees, representatives or agents with ulterior motives to earn wrongful gain or cheat the public at large. The fraudsters are deceitfully offering jobs online on certain websites and through telephone calls for a “regions vacancy post”. “We wish...
Prices for petrol and both diesel variants will remain unchanged in the country during May 2025, as crude oil prices for April 2025 declined mainly due to increased global supply and weakened demand outlook. The prices in Walvis Bay will remain N$20.67 per litre for petrol, N$20.62 for diesel 50ppm, and N$20.72 for diesel 10...