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Chamwe Kaira  Namibia’s civil aviation sector has recorded strong progress over the past year, with the Namibia Civil Aviation Authority (NCAA) reporting major financial and operational gains.  The authority said the 2024/25 financial year marked a defining period of confidence and transformation in the aviation sector. Minister of works and transport, Veikko Nekundi praised the sector’s contribution to economic diversification and regional integration.  “I look forward to building on these achievements in the years ahead, as we work collectively towards realising our vision for a resilient and dynamic transport and logistics hub for Namibia,” he said. Aligned with the sixth…

Chamwe Kaira  Reconnaissance Energy Africa Ltd. (ReconAfrica) says it has made strong progress at its Kavango West 1X exploration well in northeastern Namibia. The Canadian oil and gas explorer reported that the well has exceeded expectations in depth and early results. Brian Reinsborough, president and chief executive officer of ReconAfrica, said he was pleased with the operation.  “I want to thank everyone working on the Kavango West 1X well. Drilling has been carried out safely and efficiently. Early indications from the well are very encouraging, with multiple oil and gas shows and strong, consistent natural gas markers observed throughout the…

Staff Writer  Standard Bank Namibia has upgraded its digital personal loan service as part of its push to expand responsible lending and improve financial access.  The enhanced platform allows clients to apply for and top up loans instantly through Internet Banking or Cellphone Banking by dialling 1402345#. No paperwork, branch visits, or internet access are required. The bank said the improvements support national efforts to address financial exclusion, especially in rural and underserved areas.  Many Namibians still struggle to access basic financial services, a challenge the bank aims to reduce through digital innovation. “Our enhanced Digital Lending platform is designed…