Sanlam Namibia Rebrands to SanlamAllianz - ISSUE #57☕
Sanlam Namibia has officially rebranded to SanlamAllianz, finalizing its integration into the joint venture between Sanlam Group and global insurer Allianz, launched in September 2023 to create a leading pan-African non-banking financial services entity across 27 African countries.
Aliko Dangote Explores Investment Opportunities in Namibia’s Oil, Gas, and Phosphate Sectors - ISSUE #56☕
Africa’s richest man, Aliko Dangote, met with Namibian President Netumbo Nandi-Ndaitwah and Bank of Namibia Governor Johannes !Gawaxab in Windhoek yesterday to discuss investment opportunities in Namibia’s oil, gas, and phosphate industries, signaling a potential expansion of his conglomerate’s African footprint.
Facebook Dominates MTC Data Usage, Social Media Drives 71% of Consumption - ISSUE #55☕
Facebook leads as the most-used social media platform among Mobile Telecommunications Limited (MTC) subscribers in Namibia, followed by WhatsApp, TikTok, YouTube, and Instagram, according to the Communications Regulatory Authority of Namibia’s (CRAN) latest telecommunications sector performance review.
African Green Hydrogen: EU’s Hopes Face Cost Hurdles - ISSUE #54☕
The European Union’s ambitious push to import affordable green hydrogen from Africa to decarbonise its industries is facing unexpected financial headwinds. A new study from the Technical University of Munich finds that producing and shipping green hydrogen from Africa to Europe is likely to be more expensive than previously projected, challenging the EU’s strategy to secure low-cost, clean energy imports.
Businesses Grow Cautious as Corporate Credit Slows in Namibia- ISSUE #51☕
Namibian businesses are treading carefully in the face of shifting financial conditions, with the latest data showing a slight slowdown in corporate credit growth. According to Simonis Storm Securities, total corporate credit edged down by N$7 million to N$49.5 billion in April, a modest dip that signals a more selective approach to borrowing.
Namibia Cancels Oil and Gas Contracts with the United States, Reclaims Control Over Natural Resources-ISSUE#49☕
In a bold and strategic move to reinforce national sovereignty, the Namibian government has officially cancelled its oil and gas contracts with the United States, effective immediately.
Namibia Must Stand United in Pursuit of Reparatory Justice, Says President Nandi-Ndaitwah- ISSUE #48☕
As Namibia continues its critical negotiations with Germany over reparations for the genocide, President Netumbo Nandi-Ndaitwah has called for national unity to strengthen the country’s position