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...
President Netumbo Nandi-Ndaitwah said Namibia is ready to attract strategic investments in energy and infrastructure. She stated that job-creation is government’s top priority when she met with a high-level Norwegian energy business delegation last week Friday at State House in Windhoek. The meeting, attended by representatives of the Norwegian-African Business Association (NABA) and several private...
Namibia instantly became a more attractive international and domestic investment destination when President Netumbo Nandi-Ndaitwah recently announced a reduction in the country’s non-mining corporate tax. A seasoned economist has pointed out that the tax changes combined with other reforms signify a long-term economic structural shift that can propel key sectors. During her maiden State of...
PARIS – France yesterday accused the United States of violating international law after president Donald Trump signed an order to fast-track deep-sea mining in the open ocean outside his country’s territorial waters. Washington wants to spearhead mining for mineral-rich nodules in the deepestocean floor, sidestepping a global effort to regulate such potentially damaging exploration. France...
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...
BEIJING – China’s top leaders on Friday pledged to step up support for the economy and oppose “unilateral bullying” in global trade in a veiled rebuke of hefty tariffs imposed by United States president Donald Trump. The world’s two largest economies are engaged in a high-stakes’ trade war that has spooked markets and spurred major...
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...