Business Express

21/07/2025

Namibia studies Guyana’s Oil and Gas Model

Namibia is turning its attention to the small but rapidly growing South American nation of Guyana as it seeks to develop its own burgeoning oil and gas sector. Following significant offshore discoveries in recent years and under the leadership of a new government, Namibia is keen to learn from Guyana’s successes and challenges in managing its hydrocarbon resources. Namibia is particularly interested in how Guyana has structured its regulatory framework, managed revenue inflows, and ensured that oil wealth translates into tangible benefits for its citizens.

Namibia is turning its attention to the small but rapidly growing South American nation of Guyana as it seeks to develop its own burgeoning oil and gas sector. Following significant offshore discoveries in recent years and under the leadership of a new government, Namibia is keen to learn from Guyan...

21/07/2025

US Défense deal shines spotlight on Namibia’s rare earths potential

The recent $400 million investment by the US Department of Defense (DoD) in MP Materials, a leading rare earths producer, has drawn global attention to the critical minerals sector—and Namibia could be next in line for similar strategic partnerships. The deal, which includes a price guarantee for neodymium-praseodymium (Nd-Pr) and a commitment to purchase all output from a new magnet plant in Texas, underscores the growing urgency among Western nations to secure non-Chinese supplies of these essential materials.

https://nambusinessexpress.com/?p=10486

21/07/2025

Residential projects dominate Namibia’s construction sector amid economic shifts

Windhoek and Swakopmund’s construction landscapes are being shaped overwhelmingly by residential developments, as recent data reveals a stark contrast between housing demand and sluggish commercial activity. According to the latest building statistics from Simonis Storm, residential projects accounted for 73% of all approved building plans in Windhoek and a staggering 96% in Swakopmund in June 2025, underscoring a persistent focus on housing needs even as broader economic challenges slow large-scale developments.

https://nambusinessexpress.com/?p=10483

21/07/2025

Chinese vehicle brands gain foothold in Namibia as market dynamics shift

Namibia's automotive market is undergoing a quiet transformation as Chinese vehicle brands steadily expand their presence, challenging the long-standing dominance of established players like Toyota and Volkswagen. According to the latest data from Simonis Storm Securities, Chinese manufacturers such as JAC, Jetour, and Navara accounted for 68 units sold in June 2025 – a modest but growing share of the 1,313 vehicles purchased nationwide that month. While this represents just 5.2% of total sales, the upward trajectory signals a shift in consumer preferences and marks the beginning of what could become a significant reconfiguration of Namibia's automotive landscape.

https://nambusinessexpress.com/?p=10480

21/07/2025

Northern Namibia ushers in new era of water security with major infrastructure project

A landmark water infrastructure project set to transform lives across northern Namibia officially commenced with a groundbreaking ceremony in Oshakati on 17 July 2025. The Oshakati Water Purification Plant Extension, a N$743 million initiative financed by the African Development Bank (AfDB), promises to nearly double the region’s clean water supply capacity, addressing chronic shortages and unlocking economic potential for over 500,000 residents in the Oshana, Ohangwena, and Oshikoto regions.

A landmark water infrastructure project set to transform lives across northern Namibia officially commenced with a groundbreaking ceremony in Oshakati on 17 July 2025. The Oshakati Water Purification Plant Extension, a N$743 million initiative financed by the African Development Bank (AfDB), promise...

21/07/2025

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18/07/2025

Thinking of doing business in Namibia? This one's for you! From regulatory compliance to oil-and-gas realities, get the unvarnished facts that can make or break your Namibian venture.

Join this interesting full-day conference at the Mercure Movenpick Windhoek International Convention Centre (WICC) on Wednesday, 25 July. Hosted by Moore Infinity Namibia and Ellis & Partners

Book your spot: takingstock.africa

17/07/2025

Namibian-Canadian duo secures another year of Namibia Orange Basin exploration

The National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, an affiliate of Canada’s Sintana Energy, have obtained an extension for a production exploration license (PEL) in Namibia’s Orange Basin.

As disclosed by Sintana, Namibia’s Ministry of Industries, Mines and Energy has informed Giraffe and NAMCOR that a 12-month extension has been granted for the second renewal exploration period for PEL 79. This extends the current period to July 2026.

The National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, an affiliate of Canada’s Sintana Energy, have obtained an extension for a production exploration license (PEL) in Namibia’s Orange Basin. As disclosed by Sintana, Namibia’s Ministry of Industries, Mines and ...

17/07/2025

NAMPOA announces Board leadership changes

The Namibia Petroleum Operators Association (NAMPOA) has announced recent Board leadership changes, ushering in a renewed strategic focus as the Association strengthens its role in convening dialogue, coordination, and engagement across Namibia’s oil and gas sector.

Eduardo Rodriguez Tamayo, Country Chair of Shell Namibia, has been appointed as Chairperson of the Board, following the decision by Klaus Endresen to step down from this role after 2 mandates as the Chairperson and more than three decades of dedicated service to the Association and the industry. A founding member of NAMPOA since its establishment in 1992, Klaus Endresen will continue to contribute as a representative of BW Kudu, ensuring the Association continues to draw on his extensive industry expertise and deep insight.

Selma Usiku, Non- Executive Director of Eco Atlantic Oil & Gas (LON: ECO) (TSX: EOG), has been appointed as Vice-Chairperson of the Board. Her appointment marks a notable milestone in the advancement of women in Namibia’s energy leadership and reflects NAMPOA’s commitment to inclusive representation.

The Namibia Petroleum Operators Association (NAMPOA) has announced recent Board leadership changes, ushering in a renewed strategic focus as the Association strengthens its role in convening dialogue, coordination, and engagement across Namibia’s oil and gas sector. Eduardo Rodriguez Tamayo, Count...

17/07/2025

African Artificial Intelligence (AAI) needs human guidance...for now

By Kehad Snydewel

Because of my profession, not a day goes by when people don't ask me about Artificial Intelligence (AI); the buzz and excitement are inescapable. However, I temper clients' expectations. AI is not a magic wand, especially for Africa. In Africa, we should be focusing on African Artificial Intelligence (AAI). A truly tailored version of AI for the African continent. The first thing to remember is that we cannot implement general solutions for individuals and specific challenges.

https://nambusinessexpress.com/?p=10463

17/07/2025

Digital literacy: An enabler for socio-economic benefit

By Ella-Betty Chapoto

Digital literacy refers to the ability to use technological devices such as computers, smartphones, and the internet to access, understand, evaluate, interpret, and communicate information effectively and efficiently.

Additionally, digital literacy is facilitated by elements such as infrastructure which includes functional and reliable internet services and devices amongst others. Consequently, these elements empower individuals to make informed decisions and solve day-to-day problems and unlock opportunities for individuals and communities to participate meaningfully in modern economic and social activities.

By Ella-Betty Chapoto Digital literacy refers to the ability to use technological devices such as computers, smartphones, and the internet to access, understand, evaluate, interpret, and communicate information effectively and efficiently. Additionally, digital literacy is facilitated by elements su...

17/07/2025

Namibia Executives and Secretaries: The unsung heroes who keep the wheels of business turning

By Amalia Shishiveni

The Zambezi Summit and Business Expo is proud to announce the 2025 Annual Executive Assistants and Secretaries Conference Retreat, set to take place from 4–5 September in the picturesque coastal town of Swakopmund, in the Erongo Region.

This highly anticipated two-day gathering, themed “Own Your Title – There’s No Such Thing as Just a secretary,” is more than a professional event, it is a celebration of the individuals who are often the invisible engine of every successful organisation: Namibia’s executive assistants, secretaries, and administrative professionals.

https://nambusinessexpress.com/?p=10457