4+ hour, 43+ min ago   (316+ words) Reconnaissance Energy Africa Ltd (ReconAfrica) has raised C$21.9 million (N$254 million) through a bought-deal public offering to fund a horizontal sidetrack and production testing programme at the Kavango West 1X well in Namibia. The Canadian oil and gas company said it…...

5+ day, 4+ hour ago   (588+ words) Non-monetary gold overtook uranium to become Namibia’s largest export commodity in July 2026, benefiting from a strong global rally that has pushed gold prices to record levels, according to an analysis of the July trade statistics by the Namibia Statistics Agency....

6+ day, 5+ hour ago   (319+ words) City Lodge Hotels expects adjusted headline earnings per share (HEPS) for the financial year ended 30 June 2026 to increase by as much as 24%, reflecting a stronger underlying operating performance compared with the previous financial year. The group owns the 147-room Town…...

6+ day, 5+ hour ago   (259+ words) The Standard Bank of South Africa Limited has secured a new listing on the JSE Limited for R200 million in senior unsecured floating rate indexed notes under its Structured Note Programme. The instrument, trading under the stock code SSN228 and ISIN ZAG000228099, is…...

6+ day, 4+ hour ago   (267+ words) The Communications Regulatory Authority of Namibia (CRAN) is looking at establishing two to three pilot sites to test Low Earth Orbit (LEO) satellite technology, with the final number dependent on available options and costs. The pilot areas will include land…...

1+ week, 5+ hour ago   (496+ words) Members of the Namibia Securities Exchange (NSX) have approved all the resolutions presented at a special general meeting to advance the demutualisation of the exchange. Demutualisation is the process where a private, member-owned organisation changes its legal structure to become…...

1+ week, 5+ hour ago   (365+ words) Exploration opportunities are already lining up beyond the Mopane development, with TotalEnergies planning to begin appraisal activities as early as the second half of 2026 and targeting a final investment decision (FID) on the project in 2028. The company said the Mopane…...

1+ week, 4+ day ago   (437+ words) Sasol has reduced its net debt by 11% to US$3.3 billion and says it is now working towards sustainably bringing debt below US$3 billion before resuming dividend payments. The reduction in debt was achieved as the energy and chemicals group delivered…...

1+ week, 4+ day ago   (226+ words) FNB Namibia and RMB Namibia have announced the launch of ‘Beyond the Barrel’, an educational series aimed at helping Namibians better understand the country’s evolving energy sector and the opportunities it presents for the broader economy. As Namibia’s offshore oil…...

1+ week, 4+ day ago   (317+ words) Cashbuild’s revenue increased by 6% for the period ended June 2026, but earnings were dragged down by a R34.9 million loss linked to the disposal of its Malawi subsidiary. The southern African building materials retailer said revenue from its 297 pre-existing stores rose by…...