insert_link Business / Economics Energy companies bid for stake in Galp’s Namibia oil discovery Exxon Mobil, Shell, TotalEnergies, and Equinor are among the major energy companies considering bids for a 40% stake in Galp Energia's Mopane oil field discovery offshore Namibia. According to Galp Energia's estimates, the Mopane complex contains 10 billion barrels of oil equivalent (boe) and could be valued at around N$362 billion or more, as reported by Bloomberg. Bloomberg reports that Galp Energia, with the help of a financial advisor, is […] todayMay 22, 2024 46
insert_link Namibia Government to relocate displaced Angolan vendors The government will support displaced minor street vendors from Angola by relocating them from Windhoek to the Ondangwa National Youth Service Centre, where they will receive temporary housing and support. The vendors, previously unseen in February, are reappearing at traffic lights and malls. Ministry of Home Affairs, Immigration, Safety and Security spokesperson Margaret Kalo. todayMay 22, 2024 59
insert_link Namibia The role of regulatory investigations in the ICT industry As Namibia joins the Fourth Industrial Revolution (4IR), the Information and Communication Technology (ICT) industry starts to have a significant impact on the country’s economy, promoting equality of opportunity, industrial development, economic growth, and poverty eradication. The Namibian government has put laws in place to encourage the growth of ICT due to its importance to economic development. Through the Communications Regulatory Authority of Namibia (CRAN), the Ministry […] todayMay 22, 2024 21
insert_link Namibia Swakopmund Informal Settlements Plagued by Spate of Fires Swakopmund's DRC informal settlement has been hit by ten fires since the beginning of the year, resulting in significant damage and casualties. These fires have affected 14 structures, caused 45 victims, and tragically resulted in three fatalities. The latest fire occurred last Saturday, destroying seven shacks and injuring a 52-year-old man. Fire Brigade Chief Bainga Matengu attributes over 40% of these incidents to illegal electrical connections, with candlelight and kitchen […] todayMay 22, 2024 28
insert_link Namibia Legal Assistance Centre visits the country’s coast this week The Legal Assistance Centre visiting the country's coast this week. Today it is on site in Dunes Mall in Walvisbay to offer free legal advice. The organization's director Toni Hancox brings us this update. todayMay 22, 2024 30
insert_link Namibia World No Tobacco Day Event to Target Youth in Tsumeb The national World No Tobacco Day event will be in Tsumeb, Oshikoto Region, on May 31, 2024. This day, initiated by the World Health Organization in 1987, aims to raise awareness of tobacco's health risks and advocate for anti-smoking policies. This year's theme, 'Protecting children from tobacco industry interference,' emphasizes shielding youth from tobacco industry influence. Tsumeb was chosen for its multicultural population and high youth smoking rates. John […] todayMay 22, 2024 21
insert_link Namibia Veteran Journalist Ronelle Rademeyer Mourned After Cancer Battle The passing away of veteran journalist and former Secretary General of the Editors' Forum of Namibia , Ronelle Rademeyer was greived by many. She died on 20 May after a long fight with cancer. Here's former organization member: David Bishop. todayMay 22, 2024 44
insert_link 2 Namibia National Tourist occupancy rates across establishments rose to over 58% in April In April, national occupancy rates across establishments rose to 58.1%, surpassing both April 2023's 51.2% and 2019 levels. This marks the highest monthly rate for this year, showing an 8.95% increase from March. The Hospitality Association of Namibia, Chief Executive Officer, Gitta Paetzold. todayMay 22, 2024 32 2
insert_link Namibia Namibia Celebrates International Day for Biodiversity in Lüderitz Namibia marks the International Day for Biodiversity in Lüderitz, emphasizing the global theme 'Be Part of the Plan'. This theme urges stakeholders to support the Kunming-Montreal Global Biodiversity Framework, aiming to halt and reverse biodiversity loss. Hiskia Tyapa, Control Warden at the Environment, Forestry and Tourism ministry. todayMay 22, 2024 36