Features

The National Petroleum Corporation of Namibia (NAMCOR) has reported a notable light oil discovery at the Capricornus 1-X exploration well under Petroleum Exploration License (PEL) 85, which might be a turning point for Namibia’s expanding oil and gas sector. Operator Rhino Resources drilled the well, which is located in the …

Thursday morning, community members, government officials, and investors congregated in Henties Bay for the official groundbreaking ceremony of the Vigor Biotechnology Production Facility—a multimillion-dollar project set to change Namibia’s marine resources sector. A brisk Atlantic breeze swept across the coastal town. Hon. Natangue Ithete, Deputy Prime Minister and Minister of …

The 2025 edition of the Africa CEO Forum will gather 2,000 CEOs, investors and public sector leaders from over 75 countries in Abidjan from May 12 – 13. In a challenging global economic backdrop marked by rising protectionism, reduced development aid and high debt-serving costs, the Forum will tackle the …

Condition monitoring specialist company, WearCheck, has launched a lube kitchen series, created by Steven Lumley, technical manager at the company. In it, she explores the world of lubricant additives, detailing their function, how they work and their application. Part 1 focuses on the classification of lubricants. A fully formulated lubricant …

This morning, Swakop Uranium (Pty) Executive President, Mr. Irvine Simataa, along with two officials, paid a courtesy call on Ministry of  Mines and Minerals Development Permanent Secretary, Dr. Hapenga Kabeta. The discussion centered on a potential partnership to develop high-potential uranium projects in Zambia. Swakop Uranium, a Namibian mining company …

Driven by the energy shift and a drive for industrialization, the global need for rare earth elements is skyrocketing. Demand is projected to rise fourfold by 2030, and African countries rich in these vital minerals are hurrying to assert their place in the worldwide supply chain. Africa might soon provide …

Victoria Sibeya has been appointed as the Acting Managing Director of the National Petroleum Corporation of Namibia (NAMCOR), with effect from April 1, 2025.  She succeeds Ebson Uanguta, who, after more than a year at NAMCOR, returns to his position at the Bank of Namibia. Uanguta offered consistent leadership during …

Namibian drivers will finally have some relief at the gas pump after two months of price increases. The Ministry of Mines, Energy and Industry has announced a fuel price reduction effective Wednesday, 2 April 2025, citing a combination of global oil price declines and a stronger Namibia Dollar. Diesel 50ppm …

Namibia’s mining, energy, and industrial sectors received N$939.5 million in the FY2025-2026 national budget, with a total investment of N$2.8 billion expected for the MTEF. This funding demonstrates the government’s commitment to promoting industrial development, expanding energy capacity, and ensuring mining’s continued viability as an economic driver. Mining, as one …

The Electricity Control Board (ECB) has sounded the alarm on a concerning rise in electrical safety incidents, particularly within the Northern Regional Electricity Distributor (NORED) area. Recent statistics paint a worrying picture, with NORED accounting for 41% of all reported industry incidents and 63% of fatalities over the past four …