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Chamwe Kaira  A proposed offshore petroleum safety regulator wants to have the power to impose fines and penalties and shut down operations when necessary in the oil and gas sector.  The regulator would go beyond compliance and safety audits by enforcing strict measures to ensure accountability in the sector. “The Offshore Petroleum Safety Regulatory body will not just oversee compliance and conduct safety audits but will have the authority to impose penalties, fines and shutdown operations when necessary,” said the founder of the Erongo Offshore Safety Conference, Knowledge Ipinge, who recently spoke at the Namibia Oil and Gas Conference in…

Staff Writer Mobile Telecommunications Limited (MTC) has intensified its commitment to digital inclusion with the launch of a rural network optimisation initiative following a comprehensive audit in northern Namibia. The audit covered more than 2 000 kilometres across Outapi, Oshakati, Rundu, and Katima Mulilo.  It aimed to identify coverage gaps and service quality challenges in underserved and uncovered rural areas, where customer complaints about poor signal and inconsistent data access have been increasing. Led by MTC's chief for technology and information, Monica Nehemia, and conducted in collaboration with network partner Huawei, the audit revealed infrastructural and technical shortcomings.  Some towers…

Staff Writer  Momentum Metropolitan Namibia has been named best life insurance company of the year for the second consecutive year at the Momentum Africa Awards. Out of 41 awards across Africa, Namibia secured 24, leading the continent in recognition.  “This achievement is not only a triumph for our business, but it is a victory for every Namibian who entrusts us with their future. It is their dreams, their resilience and their belief in us that drive our success,” Momentum said in its announcement on Monday. “This recognition reflects the collective strength of Namibian excellence. From Windhoek to every corner of…

Allexer Namundjebo The director of banking services at the Bank of Namibia (BoN), Sencia Kaizemi-Rukata, says any shop or merchant refusing to accept the five-cent coin  should be reported. She reminded retailers that the coin remains legal tender.  Kaizemi-Rukata was speaking at the economic reporting workshop hosted by BoN on Monday. “If there is any shop refusing to accept the coin or South African rand, those shops must be reported so that appropriate actions are taken,” she said.  She stressed that although the minting of the five-cent  coin stopped in 2018, it has not affected its legal status. “The five-cent…