The National Petroleum Corporation of Namibia (Namcor) has addressed recent concerns and statements regarding its attendance at a community event affiliated with a political party. As a State-owned enterprise, Namcor’s mission is to serve the Namibian people by responsibly managing and promoting the development of the country’s oil and gas resources. “Our commitment to impartiality...
Namib Desert Diamonds (Namdia) has embarked on a new client registration campaign, running from 4 November 2024 to 31 January 2025. This initiative aligns with Namdia’s mandate of price discovery, and its goals of expanding its global reach. “Through the campaign, clients will gain privileged access to Namibian rough diamonds, with a sourcing experience that...
The Namibia Financial Institutions Supervisory Authority (Namfisa) the domestic retirement fund industry had more than N$218 million unclaimed pension benefits by pensioners and their beneficiaries in 2023. Although still a concerningly high number, this is a notable improvement from just more than N$229 million unclaimed in 2022. It is in the interest of any pension...
Paratus Group, the pan-African telecommunications’ company, has completed its East-West Africa fibre route, offering a fast and resilient link to anywhere in the world from anywhere in the southern African region. The Paratus East-West route, the first coast-to-coast terrestrial route using Paratus-built fibre infrastructure, offers an alternative terrestrial route, the current demand for which has...
The recently-concluded Namibia Customer Care and Service Delivery Seminar agreed on the necessity for a new level of customer service standards. By addressing current challenges and presenting solutions through technological integration, trust-building and a commitment to consistent improvement, the seminar encouraged organisations to view customer care as essential to their long-term success. The seminar concluded...
With more than two decades of experience in the industry, Oteya has established herself as a pioneering figure in Namibian music. She began her career in the early 2000s as a member of the acclaimed R&B duo Gal Level, gaining international recognition through nominations at prestigious events such as the MTV Base Awards, Channel O...
Kenzoll Capital, an Amsterdam-based private equity firm, and its local partners, led by Paragon Investment Holdings, have announced the long-awaited arrival of their Adamastor diamond mining vessel at Lüderitz harbour. Now that the vessel has reached Namibian waters, it is set to commence operations in Hottentots Bay, off the Skeleton coast. According to Paragon, initial...
As Donald Trump’s odds of winning the White House seemingly improve, investors are being warned that a swift retaliation from Europe would likely deliver a hammer blow to US stocks. The stark warning from Nigel Green, the CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organisations, comes as a...
The Seed Capital Fund of Namibia (SCFN), a non-governmental organisation dedicated to providing essential seed capital to Namibian start-ups, recently hosted a successful stakeholders engagement in Windhoek. The event marked the official launch of the SCFN’s fundraising campaign to raise N$2 million by March 2025, aimed at supporting Namibian entrepreneurs, and driving sustainable economic growth....
The Development Bank of Namibia (DBN) and One Economy Foundation (ONE) have signed a Strategic Comprehensive Partnership Agreement (SCPA) to drive sustainable economic growth, youth empowerment and community development in Namibia. This groundbreaking collaboration reflects both organisations’ commitment to promoting equality, and creating socio-economic opportunities for underrepresented groups, particularly the youth, women and rural entrepreneurs....