Kaula Nhongo Journalist Profile

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Namibia Reorganizes Oil Ministry in Move to Increase Efficiency

1 month ago | financialpost.com | Paul Burkhardt |Kaula Nhongo

Namibian President Netumbo Nandi-Ndaitwah’s weekend cabinet reshuffle will bring oil and gas more directly under her control, as international explorers look to increase offshore discoveries. (Bloomberg) — Namibian President Netumbo Nandi-Ndaitwah’s weekend cabinet reshuffle will bring oil and gas more directly under her control, as international explorers look to increase offshore discoveries. We apologize, but this video has failed to load.
Namibia Reorganizes Oil Ministry in Move to Increase Efficiency

1 month ago | bloomberg.com | Paul Burkhardt |Kaula Nhongo

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
Namibia Tempers Oil Expectations After Recent Drilling Campaigns

2 months ago | financialpost.com | Kaula Nhongo |Paul Burkhardt

Namibia is taking a more cautious view on its long-term oil prospects after the latest exploration wells failed to add to a string of discoveries that started about three years ago. (Bloomberg) — Namibia is taking a more cautious view on its long-term oil prospects after the latest exploration wells failed to add to a string of discoveries that started about three years ago. Chevron Corp.
Sam Nujoma, Namibia’s First Post-Independence Leader, Dies at 95

2 months ago | bloomberg.com | Monique Vanek |Kaula Nhongo

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
China remains Namibia's top trading partner in November 2024

Jan 16, 2025 | thestar.com.my | Kaula Nhongo |Chen Cheng

WINDHOEK, Jan. 16 (Xinhua) -- China remained Namibia's largest trading partner in November 2024, serving as both the top destination for Namibian exports and a key source of imports, according to the trade statistics bulletin released Thursday by the Namibia Statistics Agency (NSA). Namibia's exports to China accounted for 26.8 percent of total shipments, driven primarily by uranium, which emerged as the country's largest export commodity, NSA Statistician General Alex Shimuafeni said.
Namibia Seeks Investment in Nuclear Power From China

Jan 6, 2025 | yahoo.com | Kaula Nhongo

(Bloomberg) -- Namibia, one of the world’s largest uranium producers, is seeking investment from China in nuclear power to boost its role in the global push to clean energy. “We want to add value to our uranium for the peaceful development of nuclear energy,” President Nangolo Mbumba said Monday during a meeting with Chinese Foreign Minister Wang Yi, who is on a week-long visit to Africa.
Namibia Lowers Rate as Inflation Seen Remaining Contained

Dec 4, 2024 | yahoo.com | Kaula Nhongo

(Bloomberg) -- The Bank of Namibia cut interest rates for a third time in a row and played down the inflationary impact of the nation’s election, in which the ruling party held power by its slimmest margin since 1990. Most Read from BloombergThe monetary policy committee cut the key rate by 25 basis points to 7%, Governor Johannes !Gawaxab told reporters in Windhoek, the capital, on Wednesday.
Namibia Lowers Rate as Inflation Seen Remaining Contained

Dec 4, 2024 | nz.news.yahoo.com | Kaula Nhongo

(Bloomberg) -- The Bank of Namibia cut interest rates for a third time in a row and played down the inflationary impact of the nation’s election, in which the ruling party held power by its slimmest margin since 1990.
Namibia Lowers Key Rate to Year-Low as Inflation Contained

Dec 4, 2024 | bnnbloomberg.ca | Kaula Nhongo

(Bloomberg) -- Namibia’s central bank lowered its key interest rate for a third time in a row to support economic growth as inflation remains in check. The monetary policy committee cut the key rate by 25 basis points to 7%, Governor Johannes !Gawaxab told reporters in Windhoek, the capital, on Wednesday. That was the lowest level in more than a year.
Namibia Lowers Key Rate to Year-Low as Inflation Contained

Dec 4, 2024 | bloomberg.com | Kaula Nhongo

Namibia’s central bank lowered its key interest rate for a third time in a row to support economic growth as inflation remains in check. The monetary policy committee cut the key rate by 25 basis points to 7%, Governor Johannes !Gawaxab told reporters in Windhoek, the capital, on Wednesday. That was the lowest level in more than a year.