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🔒 Belgium’s royal backing ignites Namibia’s ambitious green hydrogen venture

King Philippe of Belgium recently visited Namibia to inaugurate a green hydrogen project aimed at decarbonizing European industry. Hosted by Namibian President Nangolo Mbumba, the venture could...

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🔒 Namibia’s oil boom: Major discoveries spark exploration rush

Namibia has emerged as a key oil exploration hub with major discoveries expected to yield 2.6 billion barrels. TotalEnergies and Shell lead discoveries in Orange Basin. Chevron, ENI-BP JV, and Galp...

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🔒 TotalEnergies plans to quit South African offshore gas discoveries, prefers...

TotalEnergies SE is set to refocus its exploration strategy, opting to relinquish its gas-condensate discoveries off South Africa’s coast in favour of more promising ventures near Namibia. The French...

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🔒 Namibia transforms into business tourism hotspot amid oil and gas discoveries

Namibia’s oil and gas discoveries are reshaping its profile from a tourism hotspot to a business travel destination. TotalEnergies SE and Shell Plc have uncovered vast reserves, attracting oil majors...

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Alec Hogg answers questions about South Africa after Election ’24

In a fund-raising talk for Rotary in Hermanus last week BizNews editor Alec Hogg answers the pressing questions of the BizNews tribe. Sign up for your early morning brew of the BizNews Insider to keep...

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CEO Baloyi: New broom sprucing up Sasol for huge local opportunities

Chemical engineer Simon Baloyi has made the ultimate Sasol journey – from bursary student to CEO. In recent years, Baloyi was part of the executive team faced with a plunging share price (R300 to...

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Voters frustrated as Namibia’s SWAPO somehow manages to retain power

Namibia’s ruling SWAPO party retained power despite its worst electoral performance, with Netumbo Nandi-Ndaitwah becoming the first female president. SWAPO won 53.4% of votes, securing 51...

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Netumbo Nandi-Ndaitwah poised to become Namibia’s first female president

Netumbo Nandi-Ndaitwah, 72, is poised to become Namibia’s first female president after securing 57.3% in the 2024 elections, despite opposition challenges. A long-serving Swapo member, she embodies...

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Best of 2024: John Endres on how Namibians pity South Africans

Earlier this year, John Endres took readers on a revealing journey through Namibia, where functional governance, clean streets, and a reliable water supply starkly contrasted with South Africa’s...

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🔒 Best of 2024: FT – Oil boom or bust? Namibia’s offshore wells defy the odds

Revisit the remarkable story of Namibia’s offshore oil exploration, where a staggering 88% success rate has shattered industry norms. With Shell, TotalEnergies, and Galp uncovering billions of barrels...

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