The prospects for offshore oil and gas exploration have resulted in Namibia becoming a hotspot for hydrocarbon investment in recent years. Meanwhile, the country’s ambition to become a global hub for green hydrogen development – on the back of abundant, co-located solar and wind resources – is poised to support value-added industrialization, economic transformation and...
Namibia’s tax policies are under increased scrutiny, with analysts and industry experts raising concerns about the efficiency of revenue collection processes ,when it comes to processing tax refunds. Namib Mills’ risk and compliance manager Cameron Kotze questioned the efficiency of the Namibia Revenue Agency (NamRA) in processing tax refunds, urging the government to consider introducing...
In a significant development towards improving communication services, the country is actively exploring the implementation of satellite technology. The Minister of Information and Communication Technology (MICT), Dr Peya Mushelenga, announced on Friday. Addressing the annual staff meeting at the ministry, Mushelenga emphasized the country’s commitment to achieving a digital future, recognizing the pivotal role of...
The African Strategic Solutions Conference (ASSCo) will be held on 7 and 8 November at the Avani Hotel. The theme of the conference is “Relevance of Human Capital in a Transforming Artificial Intelligence (AI) and Digital Era.” This event follows the highly successful inaugural conference held in Gaborone, Botswana in 2022. It is not just...
Namibia contains 7% of the planet’s uranium reserves. Uranium mining began in the 20th century, and since then it has continued to grow. In 2021, according to the calculations of the World Nuclear Association (WNA), the country entered the top three in production. However, Namibia emerges as an untapped power player in the global mining...
Business Reporter NAMIBIA and South Africa’s business executives will be exploring opportunities to increase trade and investment flows between the two countries at the Namibia-South African Business Forum and Exhibition, which will be held at the Windhoek Country Club on Friday, 13 October 2023. Anna Salkeus, Communications Officer at the Ministry of Trade and Industrialisation,...
A recent spate of suicides in various regions of Namibia has raised concern and shed light on a pressing need for enhanced mental health support and awareness. The weekend police report shows that multiple suicides occurred between the 6th and the 8th of this month, including a 13-year-old, prompting a call for action. The report...
The continental tourism and hotel investment conference, the Africa Hotel Investment Forum (AHIF), will take place on 25 to 27 June 2024, in Namibia, the hosting partners confirmed this week. The event which is expected to attract several prominent international hotel owners, investors, financiers, management companies, and their advisers, will take place at the Mövenpick...
The African Energy Chamber has announced that Nillian Mulemi, CEO of the Petroleum Training and Education Fund (Petrofund), will speak at African Energy Week (AEW) 2023, set to take place October 16–20 in Cape Town. Mulemi will provide comprehensive insights into the significance of financial support mechanisms within the petroleum sector, and will explore capacity...