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NAMCOR Appoints Victoria Sibeya as Acting Managing Director

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 …

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Fuel Prices Decrease After Two Consecutive Increases.

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 …

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Namibia Allocates N$939.5 Million to Boost Mining, Energy, and Industrial Sectors.

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 …

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