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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1655 Results / Page 30 of 184

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Business / Economics

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, […]

today2 May, 2025

Business / Economics

TotalEnergies plans to invest multi-billion dollar investment

By: Envaalde Matheus President Netumbo Nandi-Ndaitwah has welcomed TotalEnergies’ plan to invest in the country’s energy sector. CEO Patrick Pouyanné asked Nandi-Ndaitwah to start formal discussions on large-scale oil, gas, and renewable energy projects. The President's State of the Nation Address on Thursday emphasised the importance of foreign investment in driving national progress. Nandi-Ndaitwah described the TotalEnergies plan as timely and aligned with the nation’s development goals. “The sector in […]

today28 April, 2025

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Business / Economics

Relief for motorists as fuel prices remain unchanged

Ministry of Industries, Mines, and Energy building Motorists can breathe a sigh of relief after the Ministry of Industries, Mines, and Energy announced that fuel prices will remain unchanged for May 2025. Following its monthly fuel price review, the Ministry recorded over-recoveries of 13.36 cents per litre for petrol, 17.39 cents per litre for diesel 50ppm, and 25.83 cents per litre for diesel 10ppm. These over-recoveries have enabled the Ministry […]

today28 April, 2025

Business / Economics

Nandi-Ndaitwah urges pensioners to be patient amid budget constraints  

https://youtu.be/Af0vw4myfd0   By: Ludorf Iyambo President Netumbo Nandi-Ndaitwah has called on elderly Namibians to reduce their daily meals to just one, while the government figures out how to address the needs of the youth. Her figure of speech implies that senior citizens should be patient with the government regarding their pension increases. Nandi-Ndaitwah made the remarks during a recent visit to a centre for flood victims in Etunda, where she […]

today24 April, 2025

Business / Economics

Namibia to become a leading energy hub

https://youtu.be/bbgcNWarBLw By: Eric Mhunduru   President Netumbo Nandi-Ndaitwah says Namibia is on the path to becoming a leading energy hub in ambition and action. Nandi-Ndaitwah says Namibia is on a deliberate drive to move from oil discoveries to actual production without much delay but with responsibility. She, however, acknowledges that partnerships and strong technical governance are needed to achieve this. The President said this in a speech read by right-honourable […]

today24 April, 2025

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Business / Economics

China to increase market access for Namibian exports

By: Envaalde Matheus China has pledged to open its markets wider to Namibian exports, including agricultural products, energy, and minerals, as part of a broader push to strengthen economic ties. Bilateral trade between the two countries reached USD 1.3 billion in 2024. At the Beijing Forecast Summit in September 2024, China committed to increasing imports from Africa, with Namibia among the key beneficiaries. Chinese Ambassador to Namibia, Zhao Weiping, on […]

today15 April, 2025

Business / Economics

FNB Namibia scoops award for Best International Private Bank for 3rd consecutive year

(Contributed Photo) By: Hertha Ekandjo FNB Namibia has been named the Best International Private Bank for the third consecutive year at the Euromoney Private Banking Awards held in London. This recognition solidifies the bank's position as a global private banking and wealth management leader. Euromoney's Private Banking Awards, now in their 20th year, are widely regarded as the most definitive and respected awards programme within the global banking industry. The […]

today14 April, 2025

Business / Economics

President Nandi-Ndaitwah reaffirms Namibia’s commitment to green energy sector

By: Hertha Ekandjo President Netumbo Nandi-Ndaitwah has reaffirmed the government's strong support for the green energy sector, emphasising government’s commitment to creating a favourable environment for both local and international investors. Speaking at the official opening of the HyIron Oshivela Plant, one of the world’s first industrial-scale green iron production facilities, Nandi-Ndaitwah called on global investors to seize the opportunity presented by Namibia’s growing green economy. “The government’s objective is […]

today14 April, 2025

Business / Economics

NamWater urges water rationing in Swakopmund and Arandis

By: Hertha Ekandjo NamWater has announced a significant reduction in potable water supply from the Orano Desalination Plant, which serves the coastal towns of Swakopmund and Arandis. The disruption, caused by sulphur upwelling in the Atlantic Ocean, began on Tuesday, 8 April 2025, and has already resulted in critically low reservoir levels. According to NamWater, the upwelling, an oceanic phenomenon influenced by weather patterns has affected the operations of the […]

today14 April, 2025