Observer Money

Namdeb announces new corporate affairs manager
03 Oct

Namdeb announces new corporate affairs manager

ObserverObserver Money
Namdeb this week announced the appointment of Grace Luvindao as its new corporate affairs manager. Namdeb said Luvindao brings over a decade of experience in communications, public relations and marketing. She holds a degree in media studies: public relations and advertising, from the University of Namibia, a master’s degree in media and international development from the University of East Anglia, and is currently undertaking a Post-Graduate Diploma in Business Administration from the Namibia Business School. In her previous role as group communications and stakeholder engagement manager at Capricorn Group, she was responsible for developing and implementing Capricorn Group’s stakeholder engagement…
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Deep Yellow appoints Jim Morgan to head projects
03 Oct

Deep Yellow appoints Jim Morgan to head projects

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CHAMWE KAIRA Deep Yellow Limited has appointed Jim Morgan as head of project delivery, the company announced this week. Morgan is a seasoned mining executive with over 35 years of experience on high-value uranium and resource sector projects. Morgan is well known to the Deep Yellow team, as he was previously executive general manager-project development for Paladin Energy from 2005–2012, during the period when John Borshoff was Paladin CEO. Morgan played a critical role in Paladin’s successful construction of the Langer Heinrich uranium mine in Namibia and the Kayelekera uranium mine in Malawi. Following his time at Paladin, Morgan was…
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Namibia gears up for World Clean-Up and Arbour Days
02 Oct

Namibia gears up for World Clean-Up and Arbour Days

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Niël Terblanché By participating in the commemoration of both World Clean-Up Day and Arbour Day, Namibians will have the opportunity to be part of global efforts to protect the environment and enhance sustainable living. The Ministry of Environment, Forestry, and Tourism has announced that Namibia will be commemorating these important global events. The ministry's spokesperson, Romeo Muyunda, said that the country will raise awareness about environmental health and sustainability on both World Clean-Up Day and Arbour Day. World Clean-Up Day, celebrated internationally on 20 September, has been postponed to 12 October 2024 in Namibia. “The ministry is calling on Namibians…
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!Gawaxab calls for innovation with stability in financial transformation
02 Oct

!Gawaxab calls for innovation with stability in financial transformation

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Martin Endjala The governor of the Bank of Namibia (BoN), Johannes !Gawaxab has called for adaptability and innovation in Namibia’s financial sector, urging the country to embrace technological advancements while maintaining stability. !Gawaxab made this statement on Tuesday during a lecture at the University of Namibia (UNAM) titled "Modernising Namibia’s Financial Landscape for a Prosperous Future." The lecture provided a platform to outline the bank’s strategic transformations to foster a financial system that promotes inclusivity, resilience, and sustained growth. "Success will depend on our ability to stay ahead of the curve, be adaptable, and foster innovation without compromising stability,” he…
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Namfisa leads consumer protection drive
02 Oct

Namfisa leads consumer protection drive

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Martin Endjala The Namibia Financial Institutions Supervisory Authority (Namfisa) has dedicated October to consumer protection to raise public awareness about financial rights and obligations. Namfisa's chief executive officer, Kenneth Matomola, on Wednesday, emphasised the importance of educating consumers on protecting themselves from market misconduct and making informed financial decisions. “This initiative provides a valuable platform to highlight the critical importance of protecting and upholding consumer rights, shielding them from market misconduct, and ensuring they are informed about their responsibilities when engaging with financial institutions,” explained Matomola. Despite the country lacking a formal Consumer Protection Bill, consultations are ongoing, led by…
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02 Oct

Alpha Petroleum denies ties with Nigerian firm

ObserverEnergy, Observer Money,
Erasmus Shalihaxwe Alpha Petroleum (Pty) Ltd., a Namibian company in the oil and gas business, as well as offshore diamond mining, has refuted claims of having a connection with Alpha Energy Nigeria. This is in response to an article that was published in NewsGuide Africa and Business Express Namibia claiming that Alpha Petroleum has engaged Alpha Energy Nigeria and their representative to initiate offshore diamond mining operations under contract with Namdeb. Ashley Brendell, representing Alpha Petroleum, said in a statement that these claims are false and misleading. “These articles contain significant inaccuracies and misrepresentations, which are both damaging and completely…
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Manica Group marks century of logistics excellence
02 Oct

Manica Group marks century of logistics excellence

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Niël Terblanché Manica Group Namibia marked its centennial anniversary with a vibrant and energetic street carnival in Walvis Bay on Tuesday. The company, founded in 1924, reached an extraordinary milestone this year, commemorating 100 years of logistics expertise in Namibia. Ralph Ruiters, Managing Director of Manica Group Namibia, reflected on the company’s incredible journey. "It’s not every day that a company turns 100 years old, but here we are," he said, acknowledging the support of Manica’s customers and suppliers. He also stressed the critical role Manica plays in Namibia’s economic growth. “In the last two years, Walvis Bay has exploded…
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Namibia eyes global leadership in green hydrogen production
30 Sep

Namibia eyes global leadership in green hydrogen production

ObserverEnergy, Observer Money, ,
Hertta-Maria Amutenya Namibia is positioning itself as a major player in the global green hydrogen economy, leveraging its abundant renewable energy resources to power the production of this clean fuel. In recent discussions with leading innovators such as Tesla founder Elon Musk, Namibia’s commissioner for green hydrogen, James Mnyupe, outlined the country’s vision for the future of green hydrogen. The meeting, which took place during a high-level event in New York last month, focused on Tesla’s Energy Master Plan Part 3. Mnyupe emphasised that the country's Green Hydrogen Blueprint aligns closely with Musk’s vision, highlighting that Namibia’s abundant natural resources…
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Value Stars celebrated by O&L Group
30 Sep

Value Stars celebrated by O&L Group

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Niël Terblanché The Ohlthaver & List (O&L) Group celebrated its exceptional employees during the annual Value Star Awards held on Friday. This prestigious event, a highlight of the O&L corporate calendar, recognises individuals across the Group's various companies who have demonstrated outstanding dedication to O&L's core values of authenticity, care, and passion. O&L Executive Chairman, Sven Thieme, pointed out that the awards play a very important role in recognising the employees' vital contributions to the company's success. While addressing employees gathered for the award ceremony, Thieme, reflected on the importance of the event and how it served as a moment…
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Envisaged LPG terminal to strengthen Namibia’s energy security
29 Sep

Envisaged LPG terminal to strengthen Namibia’s energy security

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Niël Terblanché A new era in Namibia’s energy landscape started on Friday with a groundbreaking ceremony at the envisaged Erongo Liquid Petroleum Gas (LPG) Import Bulk Storage Facility in Walvis Bay. The project will address the country's severe LPG shortages while also fostering trade with its neighbours. The Erongo regional governor, Neville Andre, while speaking at the ceremony, explained the strategic importance of the project, which will cater not only to Namibia but also to Zambia, Botswana, Zimbabwe, and various other countries from the Southern African Development Community (SADC). “This facility will not only cater to the Namibian market but…
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