insert_link Business / Economics Upstream Unit Launches Data and Training Initiative The Upstream Petroleum Unit is rolling out a national petroleum data repository, regional training hubs, and a local content certification system to strengthen governance and technical skills in the oil and gas sector. Reporting for NewsOnOne, Eric Mhunduru says deputy head Marco Mcleod shared the update at the 3rd oil and gas conference in Windhoek. today15 August, 2025
insert_link Namibia Nigeria CEO Highlights Heirs Energies’ Success Speaking to Angie Scholtz at the Namibia Oil and Gas Conference, Heirs Energies CEO Osa Igiehon outlined the company’s strengths in asset revitalisation, strong governance, innovation, and partnerships, with a focus on the OML 17 project turnaround in Nigeria. Angie Scholtz reports that he is optimistic about opportunities in Namibia’s expanding oil and gas industry. today15 August, 2025
insert_link Business / Economics 30 August 2024 Morning Biz News: Letshego Namibia Upgraded, South Africa Inflation Falls, Global Shares Rise, and Major Entertainment Merger Approved GCR Ratings Upgrades Letshego Namibia's Long-Term Issuer Ratings GCR Ratings has upgraded Letshego Namibia’s long-term issuer ratings to A+(NA), citing the successful listing of a N$322 million social bond on the Namibian Stock Exchange. According to The Brief, the bond proceeds will bolster financial inclusion in crucial sectors such as housing, healthcare, and education. The outlook for Letshego Namibia is now Stable. South Africa's Producer Inflation Declines South Africa's producer […] today30 August, 2024
insert_link Business / Economics 22-29 August 2024 Weekly Economics Wrap: Global Economic Snapshot: Namibia’s Oil Boom, South Africa’s Market Movements, and International Financial Trends Namibia’s Economic Growth Fueled by Oil and Gas Sector Namibia is set for a robust economic outlook with a forecasted GDP growth of 5.8% annually, largely driven by the burgeoning oil and gas sector. Deloitte’s recent Oil and Gas Industrial Baseline Survey reveals that this sector will contribute an average of N$11.5 billion to the GDP each year during the production phase. The discovery of significant crude oil reserves has […] today29 August, 2024
insert_link Business / Economics INTERVIEW: Activist Herbert Jauch Calls for Rethink on Namibia’s Oil and Gas Strategy Windhoek, Namibia – Herbert Jauch, a prominent activist, has called for a fundamental reassessment of Namibia’s approach to oil and gas exploration. In a recent discussion, Jauch emphasized that the use of Namibia’s natural resources should benefit all Namibians, not just a select few, and warned against continuing with oil and gas extraction given the current global context. Jauch argued that Namibia's natural resources have long been controlled by foreign […] today27 August, 2024
insert_link Namibia Herbert Jauch Calls for Rethink on Namibia’s Oil and Gas Strategy Activist, Herbert Jauch, has called for a fundamental reassessment of Namibia’s approach to oil and gas exploration. In a recent discussion, Jauch emphasized that the use of the country’s natural resources should benefit all Namibians, not just a select few, and warned against continuing with oil and gas extraction given the current global context. today27 August, 2024
insert_link Business / Economics Panel Discusses Transparency and Resource Management at Oil and Gas Conference At the Oil and Gas Conference, a panel emphasized the need for balancing transparency with natural resource management. They highlighted establishing governance structures, ensuring information access, and engaging stakeholders. The discussion also focused on conflict resolution, adaptive management, international standards, environmental sustainability, and the importance of public awareness and education. Graham Hopwood: Executive Director at the Institute for Public Policy Research. today23 August, 2024
insert_link Business / Economics PwC South Africa’s Martin Solomon Talks Oil And Gas The second annual Namibia Oil and Gas Conference is currently underway at the Mercure Hotel in Windhoek, centered around the theme "The Next Steps towards a Prosperous Oil and Gas Industry: Powering Namibia's Sustainable Future." The event features a panel discussion on Namibia's role in the global oil and gas market, with a focus on driving economic growth, market development, and transitioning towards a low-carbon economy. Martin Solomon, Energy SME […] today23 August, 2024
insert_link Namibia Namibia Targets 45% Local Service Provision in Oil and Gas Sector Petroleum Commissioner, Maggy Shino announced that the country currently meets about 45% of the oil and gas industry's service needs. To further increase this capacity, the Ministry of Mines and Energy will create a supplier database and develop policies to boost local capabilities. The Ministry is focusing on advancing local content through updated policies and a comprehensive industrial survey. The upcoming phases will require significant investment, and the Ministry is […] today22 August, 2024
