Namibia’s oil sector poised for major growth in 2025

The National Petroleum Corporation of Namibia (NAMCOR) is making progress with detailed post-well studies. These studies involve analysing core samples, logging data, and fluid samples gathered from the Venus wells. According to the company’s latest operational update, this work will continue throughout 2025 in collaboration with its joint venture partners. TotalEnergies, Qatar Energy, Impact Oil […]

ICT Minister underscores tech empowerment for all namibians

The Minister of Information and Communication Technology emphasised the importance of the ministry in building a future where technology empowers every Namibian. Emma Theofelus made the remarks during the staff meeting where she highlighted the progress made in ICT infrastructure development. The meeting attended by the executives, staff, and state-owned enterprises under the ministry looked […]

BoN to launch banknote in honour of late President Geingob

The Bank of Namibia will launch the late President Dr. Hage Geingob Commemorative Banknote, which it describes as an enduring tribute to the life, legacy, and his unparalleled contributions. Central Bank Governor Johannes !Gawaxab stated that the late president commemorative banknote has been crafted to honour his unwavering leadership and lifelong dedication to peace, inclusivity, […]

Omaheke Council to prioritise settlement upgrades

Omaheke Regional Council is set to prioritise upgrading settlements to the status of towns, modernising the agricultural sector, and upscaling youth activities to improve communities’ livelihoods. Speaking to nbc News, the Chairperson of the Omaheke Regional Council, Ignatius Kariseb, stressed that given the importance of the agricultural sector, abundant underground water should be used to […]

Ratepayers Association concerned over vendor removals

With the high unemployment rate faced in the country, the Ratepayers Association expressed concern over the issue of vendors around the city being moved or chased away from their preferred selling spots. The Ratepayers Association is against the alleged mistreatment of vendors and those who are self-employed by removing opportunities such as being car guards […]

|Khomas inflation peaks at 4.3% in December

Consumers in the |Khomas Region paid more for average retail prices of selected products for December last year compared to other regions. This is contained in the Consumer Price Index released by the Namibia Statistics Agency (NSA).  The Zonal inflation rates for December last year revealed that the |Khomas Region, placed in zone two, recorded […]

Alweendo confident in Namibia’s potential to strike oil

Mines and Energy Minister Tom Alweendo stated that Shell’s announcement regarding the unviability of discoveries in PEL39 is unfortunate but will not hinder Namibia’s oil and gas development.  Alweendo, on his LinkedIn profile, expressed optimism about the remaining potential in PEL39 and ongoing exploration campaigns, highlighting TotalEnergies’ progress in Block 2913B and Galp’s efforts in […]