Paladin Energy has completed an institutional placement that will raise N$2.2 billion (A$200-million) in cash from an initially announced N$2.4 billion (A$215-million) capital raise initiative to restart operations at the Langer Heinrich uranium...
The country’s Southern region is expected to benefit from a huge influx in investment inflows and increased employment opportunities following the discovery of oil and plans by the government to attract Green Hydrogen projects...
Namibia2Go has become the first car rental company in Namibia to add hybrid vehicles to its fleet. The first of a total of 12 Toyota Cross 1.8XS CVT HV has been presented...
This is likely to be a busy year for Old Mutual's short-term insurance division, Old Mutual Insure. After buying 51% of underwriting management agency ONE Financial Services Holdings in January, Old Mutual Insure...
Namibia and Germany have signed a Joint Declaration of Intent (JDI) to cooperate in the field of green hydrogen and associated synthetic fuels. Mines and Energy minister, Tom Alweendo and Germany’s Economic...
Alpha Namibia Industries Renewable Power Limited (ANIREP) and its partners are set to invest N$300 million in the construction of a 20-megawatt solar plant located 45 km west of Usakos. The Khan...
The Namibia Petroleum Operators Association (NAMPOA) says exploration companies have sunk in over N$30 billion in the country since independence. “The process of exploration is hugely complex and high risk. 8 out...
SA Finance Minister Enoch Godongwana says government hopes to cushion consumers from the spiking oil price, at least temporarily, for the months of April and May. "I can’t reveal the details at...
When railway worker, Zacharia Lewala, discovered a diamond in 1908, he and those who became part of the diamond rush would not have envisaged that 114 years later, marine diamond production would...
President Hage Geingob said his government will implement measures to ensure that the country’s natural resources – particularly newly found oil in the south of the country – benefit every citizen. In...
