Namibia is formulating her 6th National Development Plan (NDP) to cover the period 2025 – 2030. The NDPs in Namibia have been facilitated through the National Planning Commission (NPC) under the Office of the President. The NPC defines NDPs as large-scale investment programmes to develop both soft and hard infrastructure for the development of the country....
Sintana Energy, a public Canadian oil and gas exploration company focusing on Africa and South America, is preparing to commence a four-well drilling programme targeting the Mopane complex in the Orange Basin off the Namibian coast. Sintana’s drilling campaign, which follows earlier oil discoveries in the vicinity, will investigate developing the oil and gas resources on...
MIAMI – The International Air Transport Association (IATA) announced collaborations with British Airways and Microsoft to further enhance the accuracy of IATA CO2 Connect for Cargo in calculating carbon emissions. The announcement was made at the IATA World Sustainability Symposium (WSS), currently taking place in Miami. British Airways will be contributing flight-level fuel burn data...
Bank Windhoek’s chief treasurer Claire Hobbs last week announced the release of the bank’s third annual Sustainability Bond Impact Report, highlighting ongoing commitment to responsible business practices and environmental stewardship for the 2023-2024 financial year. The Bank Windhoek Sustainability Bond was issued based on the sustainable bond framework. The bond’s first tranche was issued in...
In an ever-changing world, the need to get your financial house in order can’t be overstated. Making sure your cash flow stays steady is more than just keeping what you’ve got safe; it’s about making sure you and your loved ones can stay on solid ground even with the mystery of tomorrow. In this method,...
Nedbank Namibia recently hosted its real estate awards, where agent Lourette Liebenberg walked away with the Nedbank Central Estate Agent of the Year award. Andreya Pereira was the runner-up, while Rightmove Properties scooped the Estate Agency of the Year. The event was held to celebrate outstanding achievements and contributions made by players within the industry....
As industry embraces automation and digital tools, there is a responsibility to ensure the workforce is equipped with the necessary skills to succeed in the evolving digital postal environment. This was part of the message during a public consultation hosted this week by the Communications Regulatory Authority of Namibia (Cran). Cran’s acting CEO Ronel le...
TransNamib CEO Desmond van Jaarsveld has highlighted critical challenges facing Namibia’s rail transport sector. He specifically pointed out inefficiencies that have forced fuel and mining operators to rely predominantly on road transport. In a recent presentation, he noted that rail accounts for only 12% of fuel transport in Namibia, a figure he deems “way too...
Newly elected chairman of the Federation of Namibian Tourism Associations (Fenata), Ally Karaerua, has emphasised that the organisation represents the diverse travel and tourism industry, as a voluntary entity for Namibian tourism associations. These associations, representing specialised fields, include travel agencies, car rentals, tour operations, emerging tourism, tour guides as well as hunting and accommodation. ...
As the single-biggest investor in Namibia’s economy across a multitude of sectors and the country’s 14 regions, the Government Institutions Pension Fund (GIPF) contributes significantly to socio-economic development through the injection of capital into an economy that has historically struggled to attract meaningful foreign direct investment outside of the mining sector. At the heart of...