Galp, the Portuguese multinational energy corporation headquartered in Lisbon, was reported to be in advanced talks with international majors like TotalEnergies and Chevron to sell up to a 40% stake in its Mopane project, located off the coast of Namibia in the Orange basin. The Mopane project is an oil discovery Galp made last year...
Representatives from the Southern African Development Community (SADC) Member States, River Basin Organisations (RBOs), Transfrontier Conservation Areas (TFCAs), development partners, civil society, International Cooperating Partners (ICPs) and financial institutions convened this week for the inaugural Transboundary Water and Landscapes Sustainable Finance Bootcamp. This regional gathering, held on 26 and 27 November in Muldersdrift, South Africa,...
This year’s Black Friday is packed with incredible deals from various retailers, offering significant discounts on everything from electronics to home goods to fashion and more. Black Friday happens every year on the last Friday of November, when many stores offer unbeatable specials that are usually available until the end of November. Commenting on the...
Jacquiline Pack During the festive season, fraudsters also ramp up their activities to trick, coax and swindle customers into cooperating to steal their hard-earned money. They do this through various methods. The common techniques are phishing, vishing and smishing. These tactics are known as social engineering, where fraudsters exploit human vulnerabilities rather than system flaws. ...
A six-month national programme aimed at improving access to finance for micro, small, and medium-sized enterprises (MSMEs) in Namibia’s 14 regions concluded with a high-level dialogue held in the capital this week. The initiative reached more than 300 MSMEs across all 14 regions and trained over 40 financial service providers, including banks, regulators, microlenders, development...
Standard Bank Namibia signed a new strategic financial services agreement with the City of Windhoek, strengthening its work with public institutions and supporting efforts to improve the financial wellbeing of Namibians. The signing ceremony took place at the bank’s head office in Windhoek on Tuesday. The agreement aims to give City of Windhoek employees access...
Some 66 young individuals have been successful in securing over N$37 million in funding for their entrepreneurial endeavours. This follows an announcement by the Ministry of Finance and Development Finance Institutions that the second group of successful candidates have been selected under the National Youth Development Fund. The selected youth-driven projects will be financed by...
Some 250 experts from around the world and approximately 150 tonnes of equipment will be flown into Namibia next year when the country hosts the next on-site inspection (OSI) Integrated Field Exercise, known as IFE26. Scheduled to take place over six weeks in October and November 2026, the exercises will be the third large scale...
Namibia’s manufacturing sector continues to play an important role in driving economic growth, creating jobs and helping to reduce poverty. The sector includes meat and fish processing, food and beverage production and mineral beneficiation, which involvessmelting copper and zinc as well as cutting and polishing diamonds. Manufacturing is highlighted as a national priority in the...
The Capricorn Foundation, in partnership with Bank Windhoek, celebrated its first group of graduates from the Emerging Bankers Programme on Friday. The event marked the successful completion of 18 months of intensive training, hands-on experience and job placements for nine young Namibians in various rural Bank Windhoek branches across the country. Launched in 2024 with...