Page 81 - Kavango News Today

Environmentalists and short sellers have continued their criticism of ReconAfrica, with the share price declining in the last two weeks.

International tourism market trends generally reflect a tendency for sustainable and environmentally-friendly destinations. | eTurboNews | Trends | Travel News

Sign up for New Era ePaper Easy access at the tip of your fingers, subscribe to our daily ePaper version of our New Era Newspaper. Subscribe Now! Local airline adds Rundu and Katima routes 2021-08-04  By the end of August, FlyWestair will be taking off twice a week to Rundu and three times a week to Katima Mulilo from their hub at Eros Airport in Windhoek. The Rundu flights will commence on 24 August while the Katima route will be added a day later.  “These destinations are integral hub...

Cindy Classen As an AS candidate, it requires strenuous effort to be able to tackle the new curriculum. Due to schools only starting in August, and having only covered two quarters of work in most subjects, our chances of finishing school by the end of the year are slim. We are determined to carry on with self-studies regardless of the little knowledge we have on this new curriculum. Facolene Uth The amount of pressure we’ll have when schools reopen will be enormous, as we still have a lot o...

) acquisition of the rights to Namibia’s giant, 6.3-million-acre Kavango Basin, which was followed in short order by two confirmations of an active petroleum system. It’s captured our attention for several reasons; not the least of which is that onshore discoveries are pretty much a thing of the past, except in the final frontier of Africa, where Namibia—which has never produced a barrel in its history—is anxiously awaiting the possibility of its day in the energy spotlight. It’s also...

Artículo Namibia & Botswana: Activist to cycle across three countries to meet with communities affected by ReconAfrica oil project Southern Africa: One Mans Journey to Save the Okavango, 13 May 2021 The Okavango Basin is an endorheic basin that covers an area of over 2.5 million km2 across Namibia, Angola and Botswana. The basin, which includes the Okavango Delta, is one of Africas most biodiverse habitats, home to a myriad of birds and megafauna species including the largest African e...

) This is the junior oil explorer that has surprised the markets in Namibia’s giant Kavango Basin—the final frontier of onshore oil. From January 1, 2021, to June 23, 2021, ReconAfrica gained over 580% in valuation. And it appears it came out of nowhere. It also looks to have been a major target of what we believe are dubious short-selling campaigns and spoofing, but we think it’s held its ground against them all, precisely because it’s sitting on what some say could be the last big ons...

Will Africa Be the Last Oil Frontier? A major struggle over resources is unfolding in southern Africa. In the wildlife preserves of the Okavango Delta—home to 200,000 people and spanning parts of Namibia and Botswana—a Canadian oil company is drilling for oil over the fierce opposition of indigenous people, activists and environmental experts. The company, Reconnaissance Energy Africa—known as ReconAfrica—has a plan objectionable to virtually everyone except its investors and Namibian a...

) announced early findings from the first of their initial 3-well drill program in Namibia’s 6.3-million-acre Kavango Basin. It came as a surprise to many of us: Results indicated signs of a working petroleum system after only the first test drill.  On June 3rd, investors got another surprise when RECO announced further indication of a working petroleum system in the shallow section of its second well.  Now, we’re waiting for an announcement about the completion of the second drill to 12,...

OGONE TLHAGE WINDHOEK Namibia has lost five recognised traditional leaders in the past three weeks due to Covid-19, leaving huge leadership vacuums in their communities. Between 18 June and yesterday, the country lost Ovaherero paramount chief Vekuii Rukoro, Afrikaner Traditional Authority chief Eduard Afrikaner, Ovambanderu chief Kilus Nguvauva, Bakgalagadi Traditional Authority chief Hubert Ditshabue and Vaalgras chief Joel Stephanus. The death of some of these chiefs could also stir heated ...