Final investment decision delay hinders oil sector certainty: Hei

NAMPA

2026-02-24

SWAKOPMUND, 16 March 2023 - Managing Director of High Economic Intelligence Namibia and Economist Salomo Hei. (Photo by: Isabel Bento) NAMPA

WINDHOEK, 24 FEB (NAMPA) – High Economic Intelligence Managing Director, Salomo Hei, has said the lack of a final investment decision from oil majors is linked to policy uncertainty regarding local content and ownership structures for Namibian citizens.
The observations come ahead of the tabling of the national budget slated for Thursday by Minister of Finance Ericah Shafudah.
In an interview with Nampa on Tuesday, Hei noted that while the 2026/2...

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