Press Release

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 Environmental and Social Impact Assessment (ESIA) roadshow for the proposed Offshore Venus Field development is proving just how invested Namibians are in their country’s energy future. NAMCOR, working with TotalEnergies, Impact Oil & Gas, and QatarEnergy, has been holding consultations in towns around the nation allowing ordinary Namibians to …

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 …

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 …

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 …

Cape Town: Africa’s vast mineral wealth is proving to be a potent engine for economic growth, with nations across the continent forging strategic partnerships to optimize their mining value chains. From gold in Ghana to diamonds in Botswana, the sector is delivering significant revenue and driving sustainable development. Across the …

Namibia’s mineral wealth is drawing increasing global attention, with industry experts hailing the nation’s robust regulatory framework and ambitious green energy plans. However, beneath the surface of this burgeoning sector lie both vast opportunities and significant challenges. John Sisay, CEO of Consolidated Copper, paints a picture of a nation poised …

Volvo Construction Equipment is releasing six new excavator models in Africa and the Middle East, with up to 15 percent greater fuel efficiency, improved productivity and maintenance options, and a brand-new operator environment. The six new models – the EC210, EC220, EC230, EC260, EC300, and EC360 – combine cutting-edge technology, …

Mike Leech has tendered his resignation as a Non-Executive Director of Bannerman Energy, however will continue in his role as a director of Bannerman Mining Resources. Leech has served as a non-executive director of Bannerman Energy since April 2017 and, more recently, as Chair of the Audit Committee, a role …