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Latest News

3 Nov 2024

88 Energy Targets 2026 for First Well Drilling on PEL 93 in Namibia’s Owambo Basin

Company completes seismic processing on PEL 93 acreage, setting the stage for exploration drilling to tap untapped hydrocarbon resources in Namibia’s Owambo Basin.

88 Energy Targets 2026 for First Well Drilling on PEL 93 in Namibia’s Owambo Basin

3 Nov 2024

Namibia’s Mining Sector Drives Exports in September 2024 Amid Expanding Trade Deficit

Mining and Quarrying Dominate Namibia’s Exports, Contributing 48.2% as Trade Deficit Widens to N$5.8 Billion

Namibia’s Mining Sector Drives Exports in September 2024 Amid Expanding Trade Deficit

31 Oct 2024

Namibia Increases Maternity Leave to 14 Weeks with Full Pay for Civil Servants

New Public Service Staff Rules set to enhance support for working mothers, promoting better maternal and infant health.

Namibia Increases Maternity Leave to 14 Weeks with Full Pay for Civil Servants

31 Oct 2024

Namibia Advances in FATF Greylisting Progress: Nine of 13 Actions Completed

Country’s Financial Intelligence Centre Reports Early Progress in Anti-Money Laundering Efforts Ahead of Mandatory Reporting Phase

Namibia Advances in FATF Greylisting Progress: Nine of 13 Actions Completed

31 Oct 2024

Namibia Reallocates N$2.1 Billion from Rail Projects to Boost Economy Amid Drought

Finance Minister Details Budget Shift to Address Infrastructure and Drought Challenges

Namibia Reallocates N$2.1 Billion from Rail Projects to Boost Economy Amid Drought

31 Oct 2024

Namibia’s Urban Population Soars: Rundu Now Second Largest City

New Census Data Shows Rundu and Nkurenkuru Leading Namibia’s Rapid Urban Growth

Namibia’s Urban Population Soars: Rundu Now Second Largest City

31 Oct 2024

Namibia Ranks 6th in African Governance, Despite Decline in Key Indicators

2024 Ibrahim Index Reveals Namibia's Mixed Governance Performance with Slowed Decline Over Five Years

Namibia Ranks 6th in African Governance, Despite Decline in Key Indicators

31 Oct 2024

Development Bank of Namibia Drives Job Creation and Renewable Energy with N$21 Billion Investment

DBN Reports N$62 Million Profit, 3,525 Jobs Created, and Major Boosts for Youth, Women, and SME Projects

Development Bank of Namibia Drives Job Creation and Renewable Energy with N$21 Billion Investment

30 Oct 2024

Galp CEO Confirms Major Offshore Namibia Well ‘Will Be a Keeper’ Amid Strong Q3 Growth

Portuguese oil giant Galp ramps up Mopane discovery development, explores new partnerships in Namibia, and surpasses quarterly income forecasts

Galp CEO Confirms Major Offshore Namibia Well ‘Will Be a Keeper’ Amid Strong Q3 Growth

30 Oct 2024

NAMCOR Aims for 80% Stake in Namibia's Oil Exploration Blocks by 2039

Namibia's National Oil Company Plans Transformation from Passive Investor to Major Operator in Energy Sector

NAMCOR Aims for 80% Stake in Namibia's Oil Exploration Blocks by 2039

30 Oct 2024

FATF Applauds Namibia’s Progress in Anti-Money Laundering Efforts Following Voluntary Update

Namibia’s latest strides in financial crime prevention gain praise from the Financial Action Task Force (FATF), marking advancements on nine key action items.

FATF Applauds Namibia’s Progress in Anti-Money Laundering Efforts Following Voluntary Update

30 Oct 2024

Namibia’s Public Procurement Compliance Falls Short as Only 43% of Entities Submit Plans for 2024/25

IPPR and CPBN Reports Highlight Delays, Compliance Gaps, and Critical Procurement Trends Amid Mid-Year Review

Namibia’s Public Procurement Compliance Falls Short as Only 43% of Entities Submit Plans for 2024/25

27 Oct 2024

Galp Energia's Santorini Drillship Arrives Off Namibia's Coast for Major Oil Exploration

Galp's Ultra-Deepwater Campaign Targets the Mopane Complex After 10-Billion-Barrel Oil Discovery

Galp Energia's Santorini Drillship Arrives Off Namibia's Coast for Major Oil Exploration

27 Oct 2024

De Beers Reports 14% Drop in Namibia Diamond Production Amid Market Adjustments

Strategic Production Cuts at Debmarine Offset by Recovery Gains at Namdeb Boost Q3 Performance for De Beers in Namibia

De Beers Reports 14% Drop in Namibia Diamond Production Amid Market Adjustments

22 Oct 2024

Namibia’s Social Security Commission to Raise Contributions in 2025 for Enhanced Benefits

SSC Plans Contribution Increase to Sustain Maternity, Funeral, and Social Protection Benefits Amid Rising Costs

Namibia’s Social Security Commission to Raise Contributions in 2025 for Enhanced Benefits

22 Oct 2024

NamPost Launches Digital Banking App and Internet Services to Drive Financial Inclusion

NamPost’s Digital Transformation Reaches New Heights with the Launch of Mobile and Internet Banking Channels

NamPost Launches Digital Banking App and Internet Services to Drive Financial Inclusion

22 Oct 2024

Namibia’s Cleanergy to Begin Green Hydrogen Production in 2025 as Final Equipment Arrives

Cleanergy Solutions Namibia, a joint venture between O&L Group and CMB.TECH, is set to produce green hydrogen locally by early 2025 after delays in key equipment delivery.

Namibia’s Cleanergy to Begin Green Hydrogen Production in 2025 as Final Equipment Arrives

22 Oct 2024

HyIron to Launch Green Iron Production in 2025, Pioneering Solar-Powered Operations

Namibia's HyIron Set to Offset 27,000 Tonnes of Carbon with First Phase Powered by Solar Energy

HyIron to Launch Green Iron Production in 2025, Pioneering Solar-Powered Operations

17 Oct 2024

Bank of Namibia to Launch Forum for Financial Sustainability and Climate Risk Mitigation

New Platform to Unite Financial Institutions in Promoting Sustainability and Navigating the Green Transition

Bank of Namibia to Launch Forum for Financial Sustainability and Climate Risk Mitigation

17 Oct 2024

Namibia’s Tax Amnesty Generates N$4.3 Billion in Revenue as Deadline Nears

NamRA's Tax Amnesty Program Provides Relief, Registers Over 528,000 E-Filers, and Waives N$25.9 Billion in Penalties

Namibia’s Tax Amnesty Generates N$4.3 Billion in Revenue as Deadline Nears
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