industry

President Netumbo Nandi-Ndaitwah's two sons have rejected as "a blatant lie" allegations by Independent Patriots for Change (IPC) leader Panduleni Itula that they are involved in Namibia's oil industry, issuing a forceful denial on Friday and accusing the opposition of politically motivated smears. Itula earlier linked Ndeli and Nande Ndaitwah — identified by the IPC as members of the country's first family — to the petroleum sector through their private business interests. The opposition leader said the family was…

President Netumbo Nandi-Ndaitwah’s two sons have rejected as “blatant lies” an accusation by Independent Patriots for Change (IPC) leader Panduleni Itula that they are involved in the oil industry, saying the claims are politically motivated and threaten their safety and rights. Itula, whose party has positioned itself as a vocal critic of the ruling establishment, publicly linked Ndeli and Nande Ndaitwah to the petroleum sector through their private business interests. He said Ndeli’s company, Vaneli Foods, which was once…

Somali lawmakers pass amendments to Accountants Bill to tighten financial oversight MOGADISHU, Somalia — Somalia’s House of the People on Monday approved amendments to the Somali Accountants Bill, a measure aimed at strengthening financial oversight across federal institutions and raising professional standards in the public accounting sector. The chamber voted 140-1 to adopt the revisions, with four lawmakers abstaining. Second Deputy Speaker Abdullahi Omar Abshirow announced the tally shortly after debate opened on the…

Somalia’s Oil Gamble: Promise, Pitfalls and a Narrowing Window In a region where new oil and gas frontiers can redraw maps and fortunes, Somalia has long carried a paradox: abundant potential beneath the ground, and little to show above it. Today, with fresh licenses signed and seismic boats in the water, the country stands at another inflection point. The question is not whether hydrocarbons lie under Somali soil and sea—the geological hints are there—but whether the politics, contracts and institutions can finally bring…

Muscat: Qais Mohammed Al Yousef, the esteemed Minister of Commerce, Industry, and Investment Promotion, had an insightful meeting on Tuesday in Muscat with Hassan Hussein Mohamed, Somalia's Minister of Livestock, Forestry, and Range, who is gracing Oman with his presence during an official visit.In this meeting, they explored ways to enhance collaboration in the realm of livestock and meat production. The dialogue also touched on bolstering joint investments and other industries that cater to the shared aspirations of both…

Idris Elba has set his sights on a significant shift in his life over the next ten years — he wants to move to Africa. This isn’t just a personal endeavor; it’s a heartfelt commitment to bolster the continent's burgeoning film sector. With an eye toward progress, Elba envisions constructing film studios in two pivotal locations: Zanzibar in Tanzania and Accra in Ghana. He believes it’s high time for Africans to take charge of their own stories. “We need to reclaim our narratives,” he asserts, urging a break from the confines…

Kawu Sumaila has stepped into the role of Chairman for the Senate Committee on Petroleum Resources (Downstream) and is already raising crucial questions about Nigeria's level of transparency in the oil sector. Taking over this position after the untimely passing of Senator Ifeanyi Ubah, Sumaila shared his vision for combating the pervasive secrecy that seems to cloak the industry like a heavy fog. Historically, Nigeria’s oil industry has faced harsh scrutiny due to its lack of transparency. This sector is not just vital;…

Four Ugandan environmental activists have been obtained on the French National Assembly on Wednesday, March 16. They got here to attraction in opposition to TotalÉnergie's mega oil mission in Uganda. The firm intends to speculate in native firms and create…

In Chad, the oil tanker ExxonMobil is in the knife segment with its employees. The American multinational, which operates the Doba oil basin in the south of the country, announced a few months ago its intention to sell its assets to an English company. But the terms of this departure do not suit the employees who have entered into a quarrel with the American company. Yesterday, the employees even…