In celebration of the One Economy Foundation’s 10th Anniversary, FNB Namibia, through its corporate social responsibility vehicle, the FirstRand Namibia Foundation, made a commitment of N$400 000 towards empowering unemployed young Namibians by equipping them with practical skills training, mentorship and access to vital networks. The renewed support was announced by Revonia Job, FirstRand Namibia...
The 10th Sub-Saharan Spectrum Conference, hosted by the Communications Authority of Kenya (CAK) in partnership with the African Telecommunications Union (ATU), took place from 11 to 12 August 2025 in Nairobi, Kenya with compelling discussions on how innovative spectrum policies can foster digital inclusion across Africa. The conference, attended by industry leaders, regulators, and stakeholders...
Standard Bank Namibia yesterday hosted its second annual Anti-Financial Crime Conference, convening top minds from government, finance, technology, and civil society to confront the rising tide of financial crime in Southern Africa. Held under the theme “Combating Financial Crime in the Age of Artificial Intelligence and Geopolitical Unrest,” the conference spotlighted the urgent need for ethical innovation, cross-sector...
Petroleum Training and Education Fund (Petrofund) and FirstRand Namibia, through its subsidiary Rand Merchant Bank (RMB), have entered a N$1 million, two-year partnership aimed at training and upskilling Namibians in the petroleum industry. The signing ceremony took place at the Namibia Oil and Gas Conference in Windhoek on Wednesday. It was officiated by PetroDund CEO...
If managed well, Namibia’s hydrocarbon resources can be key enablers for industrialisation, infrastructure growth, skills development and poverty eradication both domestically and regionally. These were the remarks of Minister of Industries, Mines and Energy Natangwe Ithete at the third edition of the Namibia Oil & Gas Conference in Windhoek this week. The conference ends today. ...
Namibia has been ranked first in Africa and second overall in the 2025 reading of the Greenfield FDI Performance Index. Greenfield investments are described as a form of foreign direct investment (FDI) where a parent company starts a new venture in a foreign country by constructing new operational facilities from the ground up. In this specific investment...
JOHANNESBURG – A South African court has refused environmental authorisation for offshore drilling in a venture led by French energy giant TotalEnergies near the foot of Africa, in a ruling seen by AFP yesterday. The High Court said Wednesday the environment ministry’s 2023 go-ahead for exploratory operations in the roughly 10 000-square-kilometre block near Cape...
The Old Mutual Foundation this week announced the top three winners from the Kunene region in the final chapter of the Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED), marking the close of a four-year journey that has championed grassroots entrepreneurship across Namibia. Taking first place is Joseph Edison Nauiseb, founder of JNZ Trading...
The Bank of Namibia (BoN) yesterday held the repo rate steady at 6.75%, in a decision that signals caution amid growing economic pressure in Namibia and abroad. This marks the third consecutive hold by the central bank, despite mounting calls for relief in the face of weak household credit growth and elevated borrowing costs. While...
Namibia’s decades-long push to become a key player in the global oil and gas industry is finally paying off. The country is now firmly on the energy investment map. This was the message at the Namibia Oil and Gas Conference currently underway at the Mercure Hotel in Windhoek. The event is themed ‘From Exploration to...