Author: Staff Writer
Paladin Energy Gets N$2.8 Billion Loan to Restart Langer Heinrich Mine
By: Staff Writer Australian mining company Paladin Energy has secured a N$2.8 billion syndicated debt facility in preparation for the restart of the commercial production at its Langer Heinrich uranium mine in the Erongo region. The debt facility…
Paratus Botswana Secures Major Banking Clients
By: Staff Writer Paratus Botswana’s network has successfully secured partnerships with all major banks in Botswana, solidifying its position as a key player in the country’s telecommunications landscape. This achievement is complemented by the recent addition of Access…
Toyota Hilux Maintains Leading Position in Namibian Vehicle Sales
By: Staff Writer In December 2023, the Toyota Hilux continued its reign as the best-selling vehicle in the Namibian automotive market, with a total of 196 units sold. The Ford Ranger and Toyota Fortuner secured the second spot,…
MTC Boosts Namibia Netball Premier League with N$2,5 Million Sponsorship
By: Staff Writer Mobile Telecommunications Ltd. (MTC) has announced a substantial increase in sponsorship for the Namibia Netball Premier League (NNPL), providing N$2.5 million over the next three years. The renewed sponsorship marks a commendable 31% surge compared to…
‘Any fool can make a fortune, but it takes a man of brains to hold onto it’
By: Concerned Citizen In the late 1800s, an American family, the Vanderbilts, amassed wealth that surpassed even the nation itself. Cornelius Vanderbilt, the patriarch, had built a fortune of $100 million (equivalent to $2.7 billion today) from a…
Angula Assumes CEO Role at Letshego
By: Staff Writer Former Chief Commercial Officer of Mobile Telecommunication Company (MTC), Melvin Angula, has officially taken on the role of CEO at Letshego Micro Financial Services Namibia. Angula, renowned for spearheading digital transformations and delivering top-notch customer…
NAMFISA Manager Joins Global Risk-Based Solvency Implementation Forum
By: Staff Writer NAMFISA’s General Manager for Insurance and Medical Aid Funds, Erich Gariseb, has been appointed to serve on the International Association of Insurance Supervisors’ (IAIS) Risk-Based Solvency Implementation Forum. The forum focuses on supporting Emerging Markets and…
UNAM’s AMT Project Receives Prestigious Royal Astronomical Society Medal
By: Staff Writer The mobile planetarium team of the Africa Millimetre Telescope (AMT) project, a collaboration between the University of Namibia and Radboud University in the Netherlands, has been honoured with the 2024 Annie Maunder Medal for Outreach…
Fact Check Group Disputes MICT SIM Card Registration Claims
By: Staff Writer Namibia Fact Check has raised concerns about the accuracy of statements made by the Ministry of Information and Communication Technology (MICT) regarding the mandatory registration of Subscriber Identity Module (SIM) cards. Namibians had been urged citizens…
TotalEnergies to Acquire Stake Worth N$1,8 Billion in Namibia’s Oil & Gas Sector
By: Staff Writer TotalEnergies is poised to increase its stake in Namibia’s oil and gas sector with a notable deal worth N$1.8 billion. The company is set to acquire a 45.25% interest in block 2913B, home to the…