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News

Venus field development proceeds despite Marula-1X setback

The National Petroleum Corporation of Namibia Head Office   Windhoek, Namibia — The National Petroleum Corporation of Namibia and its joint venture partners—TotalEnergies, QatarEnergy, and Impact Oil & Gas—are moving forward with the development of the Venus Field in Block 2913B (PEL 56), offshore Namibia. This decision comes despite the recent unsuccessful drilling of the Marula-1X exploration well. The Marula-1X well, located approximately 47 kilometers south of the Venus-1X discovery, […]

todayMay 7, 2025 10

News

NamRa employee suspended in tax refund scam, three arrested

The Namibian Revenue Agency (NamRa) has revealed a fraudulent scheme connected to its ongoing Mass Tax Refund Initiative, resulting in the unlawful payout of over N$666,000 in tax refunds. The fraudulent activity, which was uncovered between January and April of this year, has led to the suspension of one of NamRA’s employees and the reversal of a secondment involving a Ministry of Finance official. Chief of Strategic Communications and Support […]

todayMay 6, 2025 23

News

Ohlthaver & List Group achieves “Great Place to Work” certification for 2025/26

The Ohlthaver & List (O&L) Group has officially earned its certification as a Great Place to Work for 2025/26, a remarkable achievement that highlights the company’s core values of authenticity, care, and passion. The certification follows the completion of the annual Great Place to Work (GPTW) survey earlier this year, which saw an extraordinary 99% participation rate across the Group. O&L’s Trust Index score has reached an impressive 70%, marking […]

todayMay 6, 2025 14

News

INTERVIEW: Business Expert Josef Sheehama on Beef Exports: Seizing Namibia’s Growth Opportunity

Introduction: Namibia’s Unique Position in the Global Beef Market Namibia has long been a key player in the global beef export market, particularly to China, which has emerged as one of the largest importers of beef worldwide. Business expert and economist, Josef Sheehama, sees this as a significant opportunity for Namibia to further grow its beef exports and strengthen its position in the international market. The China Advantage: A Golden […]

todayMay 6, 2025 12

News

Namibia’s economy expands as President Nandi-Ndaitwah’s Cabinet and policy plan take shape

Namibia’s economy is on track for continued growth in 2025, according to the latest Quarterly Economic Review from the Institute for Public Policy Research (IPPR). The report, released this month and authored by veteran economist Robin Sherbourne, forecasts a 3.8 percent rise in gross domestic product (GDP), driven by easing inflation, robust foreign reserves, and a cut in the central bank’s repo rate to 6.75 percent—its lowest level in over […]

todayMay 6, 2025 10

News

World-class Agogo FPSO vessel to make technical stop at Walvis Bay

Port of Walvis Bay, Namibia One of the world’s most advanced offshore oil production vessels, the Agogo Floating Production Storage and Offloading unit, will make a brief but noteworthy stop at Walvis Bay on Thursday, 8 May 2025. The vessel is scheduled to arrive at 7 am local time, though this may change slightly depending on operational conditions. The Agogo FPSO, built and operated by Yinson Production for Azule Energy, […]

todayMay 2, 2025 21

News

INTERVIEW: Lüderitz Mayor Balhao Breaks Silence on Crayfish Festival Dispute

May 2, 2025 | Lüderitz, Namibia Lüderitz Mayor Phillipus Balhao has spoken out about the ongoing controversy surrounding the Crayfish Festival, calling for understanding and transparency as the town council continues its due diligence before making final decisions regarding the event. In a recent statement, Mayor Balhao emphasized that the Lüderitz Town Council has no ill intentions but is simply fulfilling its responsibility to ensure accountability and good governance. “It’s […]

todayMay 2, 2025 24

News

Nandi-Ndaitwah welcomes SADC Parliamentary Forum delegation to State House

  By: Hertha Ekandjo President Netumbo Nandi-Ndaitwah on Wednesday received a courtesy visit from a high-level delegation of the Southern African Development Community Parliamentary Forum (SADC PF), led by its President, Tokely Justin, a Member of Parliament from Madagascar. During the meeting at State House, Nandi-Ndaitwah welcomed the delegation and highlighted the essential role of parliamentary leadership in shaping regional development and advancing the interests of SADC citizens. “The people […]

todayMay 1, 2025 22

News

Minister of gender proposes holistic SME support to ensure youth business sustainability

  By: Hertha Ekandjo Minister of Gender and Child Welfare, Emma Kantema-Gaomas, has proposed a comprehensive approach to supporting youth-led small and medium enterprises (SMEs) in Namibia, emphasising that not only financial assistance is needed but also mentorship, incubation, and access to markets. Speaking during the first session of the 8th Parliament on Wednesday, Kantema-Gaomas expressed her support behind Vote 9, particularly highlighting Programmes 8 and 9. She praised the […]

todayMay 1, 2025 16

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