Works and Transport minister John Mutorwa has stated that Namibia must concentrate on creating seamless integration of her airport infrastructure as the foundation for economic activity.
Business
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TotalEnergies to develop Nigeria’s Ubeta Gas
TotalEnergies, operator of OML 58 onshore licence in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have taken the Final Investment Decision (FID) for the development of the Ubeta gas field.
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Europe stocks rise with French vote on horizon
European stock markets attempted to rebound yesterday, despite jitters over the first round of French elections taking place this weekend.
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Trustco to buy back shares for N$90m
Trustco Group Holdings Limited yesterday stated it has entered into an agreement to buy back a significant block of publicly-traded shares on the Johannesburg Stock Exchange from the University of Notre Dame du Lac (Notre Dame), for US$5 million (over N$90 million) in cash.
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New visa regime to promote fairness … northern hospitality achieves highest occupancy
The success of government’s decision to implement visa requirements for those countries that require visas from Namibians will largely depend on the industry’s ability to mitigate the impact and negotiate agreements to sustain domestic tourist inflows.
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Ethiopian Airlines tops entertainment, Wi-Fi
Ethiopian Airlines Group, Africa’s largest airline group, is pleased to announce it has been crowned as the winner of the ‘Best Entertainment in Africa’ and ‘Best Wi-Fi in Africa’ for yet another year at the APEX Passenger Choice Awards 2024.
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Eurozone business activity growth slows sharply in June
The growth of business activity in the eurozone slowed down in June after the manufacturing sector posted its biggest decline in six months, a key survey said Friday.
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Nyambe appointed as energy association president-elect
The Association of International Energy Negotiators (AIEN) has appointed managing partner of SNC Incorporated, Shakwa Nyambe, as its president-elect for 2024-2025.
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TotalEnergies to develop North Sea offshore wind hub
TotalEnergies, as shareholder of Offshore Wind One GmbH, has been awarded a maritime concession by the German Federal Network Agency after auctions were held in that country.
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Primary sector still drives domestic economy
Namibia Statistics Agency (NSA) CEO Alex Shimuafeni says domestic economic activity increased by 4.7% during the first quarter of 2024.