Namibia Oil and Gas last week hosted the launch of its second Bi-Annual Industry Report, bringing together key stakeholders to reflect on the country’s rapidly evolving energy landscape. The event was supported by Africa Provider Offshore Services. The report provides data-driven analysis and strategic insights into developments shaping Namibia’s oil and gas sector. The...
Adolf Kaure Ongwe Minerals secures additional licenses, significantly increases its Omatjete project area and identifies a prospective parallel fault zone. Ongwe Minerals Inc has announced in a press statement released last week that it has increased the size of its Omatjete project by up to 42% by acquiring a 90% stake in the adjacent EPL7400...
African airlines have emerged as one of the strongest performing regions in global aviation at the start of 2026. African airlines posted double-digit passenger growth even as geopolitical tensions in Iran threaten to disrupt flight schedules and push up fuel costs. According to the latest data released by the International Air Transport Association (IATA), African...
Top leadership changes were recently announced at FNB Namibia and RMB Namibia, both part of the FirstRand Namibia Group. Philip Chapman, previously the Chief Executive Officer (CEO) of RMB Namibia, has been appointed CEO of FNB Commercial. With a distinguished career across corporate and investment banking, Chapman brings extensive sector expertise and a proven track...
HONG KONG – Oil prices extended gains while the dollar and equities tumbled yesterday as investors kept tabs on the widening war in the Middle East. The US and Israeli attacks on the Islamic Republic have upended regional energy flows, with the crucial Strait of Hormuz, through which about a fifth of global oil transits,...
Namibia’s brick manufacturing industry is on the rise, with manufacturers operating across the country. The sector continues to expand as new players enter the market, and established companies invest in more advanced machinery and technology to improve production. Different types of bricks, including clay, concrete and engineering bricks, are now widely available to meet various...
GOBABIS – Alma Kahorere is a teacher at Ben Van De Walt Primary School in Gobabis. Beyond the classroom, she is the founder of Ehupo Mu Eden Farming Enterprises CC, a local crop-producing farm that is making a difference in her community. “I started with a small backyard garden in 2020 just to feed my...
Namibia’s N$104 billion national budget, tabled on Thursday by Finance Minister Ericah Shafudah, was dominated by operational spending versus a sharp drop in capital expenditure. Tabled under the theme “People, Productivity and Prudence,” this year’s budget has some analysts asking whether Namibia is consolidating at the expense of growth, whether interest will consume a larger...
With a high unemployment rate of 36.9% in Namibia, the country and Germany have launched a new project called TalentsBridge Namibia. The programme aims to help solve high youth unemployment in Namibia and a shortage of skilled workers in Germany. TalentsBridge Namibia is being developed as part of the long-standing city partnership between Windhoek and...
The Namibia Investment Promotion and Development Board (NIPDB) launched the Namibian Investment Guide yesterday, a new document aimed at marketing Namibia as an ideal place to invest. During the launch, the Deputy Minister of International Relations and Trade, Jenelly Matundu, said the Namibian Investment Guide is more than just a document. It is intended to...