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Namibia

640 Results / Page 20 of 72

Background

Local

Namibian athletes to feature at the Durban International Marathon

    Windhoek, Namibia 25 April 2024 – Nedbank Running Club athletes Rainhold Tomas and Simon Paulus of Namibia are set to compete against the best athletes in the continent when they challenge for the Olympic qualification this weekend at the Durban International Marathon. The marathon, which is organised by the Phantane Athletics Clubs, will be held on Sunday 28 April 2024 and will see athletes competing in the 42 […]

todayApril 25, 2024 7

Opinion Pieces

Reflection on local content policies: A catalyst for Namibia’s economic development and growth

      Opinion piece By Josef Kefas Sheehama   On April 16–18, 2024, in Lüderitz, the Namibia Chamber of Commerce and Industry (NCCI) and Antila Consultancy organized a local content oil and gas conference with the theme, "Empowering Namibia's Energy Ambitions by Connecting Industry and Indigenous Talent." According to Article 100 of Namibia's Constitution that, " Land, water, and natural resources below and above the surface of the land […]

todayApril 24, 2024 10 2

Namibia

Diamond industry growing, despite new industry players

https://youtu.be/F8LsNudVJcY     By Josia Shigwedha, via News on One    With emerging industries in the energy sector such as oil and gas, the diamond industry’s position as a key contributor towards the growth of the sector and economy could be at stake. But this may not be the case as the Namibia Diamond Trading Company (NDTC) Chief Executive Officer, Brent Eiseb, stated that the intake of the precious gemstones for […]

todayApril 24, 2024 20

Africa

South Africans uncertain about two-pot retirement system

The two-pot retirement system comes into effect on 1 September 2024 in South Africa. It allows people to withdraw a portion of their retirement funds before reaching retirement age. The rest will be preserved to sustain them post-retirement. However, many South Africans remain concerned as to how it will work and its impact. We asked Local Pension Fund Expert Arthur Kröhnert for his opinion on the matter.

todayApril 23, 2024 27

Local

TRUSTCO Group solidifies insurance and property holdings with strategic transaction.

    Trustco Group Holdings Limited (Trustco) today announced its acquisition of an additional 11.35% interest in Legal Shield Holdings Limited (Legal Shield) from Riskowitz Value Fund LP (RVF) for NAD 468 million. This will increase Trustco’s holding in Legal Shield to 91.35%. The strategic transaction fortifies Trustco's investment footprint in the insurance and real estate sectors in Namibia, both primed for substantial growth in the post-pandemic landscape. The coveted […]

todayApril 23, 2024 5

Local

Mopane exploration campaign that has yielded promising results

    The National Petroleum Corporation of Namibia: NAMCOR (10%) and its partners Galp Energia (80%) and Custos Energy (10%) are pleased to announce the successful completion of the first phase of the Mopane exploration campaign marking a significant milestone in Namibia’s oil and gas sector. The Mopane-1X Well Testing operations revealed substantial oil columns containing light oil in high-quality reservoir sands at two different levels: AVO-1 and AVO-2. This […]

todayApril 22, 2024 7

Local

Miller, Baber victorious in the Nedbank Namibia XC1, UCI C1, and UCI Junior Series XCO

      Namibia's Alex Miller and South Africa’s Lilian Baber won the elite men and women’s races in the 2024 Nedbank Namibia XC1 Union Cycliste Internationale (UCI) C1 and UCI Junior Series XC0 races that were held at the IJG Trails in Windhoek last week Saturday. Miller led from start to finish as he led fellow countryman Kevin Lowe to a one-two finish ahead of South Africa’s Michael Foster […]

todayApril 22, 2024 8

World

Future Media News, Week in Review: top Stories – April 15th to April 20th, 2024

https://youtu.be/qYQUw_VZXhA   🌍 Welcome to Future Media News! In this week's "Week in Review," we bring you the latest updates on the most significant events shaping the world, from the heart of Namibia to international headlines. Namibia Suspends Uranium Exploration: Fears of groundwater contamination halt Russia's atomic energy agency's activities. Minister Calle Schlettwein explains. Local Content Conference: Dr. Leake Hangala discusses efficient local development in Namibia's oil and gas sector. […]

todayApril 19, 2024 18

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