Shell has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters.

Canadian base metals mining company Trevali Mining has started an early works programme on its Rosh Pinah mine expansion project with a capital budget of N$305.3 million, to be funded from internal cash flows.

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The holidays and fun have left many facing the New Year with financial hangovers, a long January, and the reality that their money problems could last well into 2022. But taking ten steps to get personal finances back in shape could make things look a lot better.

The Namibia Tourism Board (NTB) has started engaging tourism operators to consider sweeping changes on accommodation pricing.

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Namibia’s Non-Bank Financial Institutions (NBFIs) registered a 2% growth in assets to N$354.2 billion, latest industry figures show.

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In my previous article we looked at what to consider when setting up a pension fund from scratch. In this article we will touch on what to consider when the employer already has an existing pension/provident fund.

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The Bank of Namibia (BoN)’s Interbank Settlement System has, for the first time since its inception in 2002, recorded a settlement value of over N$1 trillion in 2021 due to high volumes.

Am Weinberg Hotel will join the Gondwana portfolio with effect from the 1st of February 2022 in a management capacity.

Namibian individuals and entities bought 9 428 brand new vehicles in 2021, representing a 23.9% annual increase compared to 7 612 sold in 2020, statistics from the National Association of Automobile Manufacturers South Africa (NAAMSA) show.

The National Fishing Corporation of Namibia (Fishcor) is now ready to contribute significantly to the economy after the company’s interim board brought it back from the brink of collapse through prudential management, acting board Chairperson Heinrich Gaomab II has said.

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