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A service for energy industry professionals · Wednesday, December 3, 2025 · 872,320,064 Articles · 3+ Million Readers

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Published on 20:24 GMT

Namibia reaffirms commitment to SADC’s regional integration agenda

Namibia will continue to prioritise the work of SADC, an institution mandated to advance regional integration. President Netumbo Nandi-Ndaitwah reaffirmed this commitment during a courtesy visit by SADC Executive Secretary Elias Magosi at State House. …

Source: Namibian Broadcasting Corporation - Pro-Government
Published on 18:40 GMT

Namibia Maintains 6.50% Rate as the Central Bank Signals Its Economic Direction

Namibia’s move to keep its main interest rate at 6.50% may look like a routine announcement at first glance, but it reflects a careful reading of the country’s economic mood. Beneath that simple figure is a broader story about stability, discipline, …

Source: African Leadership Magazine - Pending
Published on 16:20 GMT

Unlocking Namibia’s Digital Future: e-Payments Empower Citizens Driving Economic Growth

By: Kehad Snydewel The digital economy is rapidly reshaping how nations connect to global markets, and Namibia is poised to take a significant leap forward. There are finally plans to enable local activation of PayPal accounts, support wallet-to-wallet …

Source: Villager - Pending
Published on 16:36 GMT

Bank of Namibia maintains repo rate at 6.50%

Business Reporter THE Bank of Namibia has announced that it will be keeping lending rates steady, with the Monetary Policy Committee deciding to maintain the repo rate at 6.50%. During the announcement, the outgoing central bank governor, Johannes !Gawaxab …

Source: Informante - Pending
Published on 17:16 GMT

ReconAfrica Announces Results at Kavango West 1X Well, Onshore Namibia

Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO,OTC:RECAF) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce the results of the Kavango West 1X well located on Petroleum Exploration Licence …

Source: Investing News Network - Neutral
Published on 17:03 GMT

President Lauds Namibia Grape Company for National Development

By: Peneyambeko N Jonas The Namibia Grape Company (NGC) farm became a national highlight during a high-level visit last week. President Netumbo Nandi-Ndaitwah and Education Minister Sanet Steenkamp commended the farm for its strong contributions to …

Source: Villager - Pending
Published on 16:44 GMT

ReconAfrica discovers hydrocarbons onshore Namibia

Reconnaissance Energy Africa Ltd. discovered hydrocarbons in the Kavango West 1X well in onshore Petroleum Exploration License (PEL) 73 in northeast Namibia. The well is the second test in the Damara Fold Belt play and targeted the thick Otavi carbonate …

Source: Oil & Gas Journal - Pending
Published on 22:42 GMT

Bank of Namibia Governor !Gawaxab to step down in December 2025

Bank of Namibia Governor Johannes !Gawaxab announced he will step down by the end of December 2025, having fulfilled his mandate and leaving the central bank in a stable and sustainable position for his successor. !Gawaxab, who served for over five years, …

Source: Namibian Broadcasting Corporation - Pro-Government
Published on 13:54 GMT

Namibia's tourist arrivals jump 45.5 pct in 2024: report

WINDHOEK, Dec. 3 (Xinhua) -- Namibia recorded more than 1.25 million tourist arrivals in 2024, reflecting a 45.5 percent increase from the previous year as the sector continues to recover from the impact of the COVID-19 pandemic, an official has said. …

Source: Xinhua News Agency - Gov't Propaganda
Published on 17:51 GMT

Namibia holds key rate, citing South Africa’s new inflation target

Source: CNBC Africa - Neutral