…pays out N$181.9 million to ordinary shareholders Letshego Holdings Namibia’s unaudited condensed consolidated interim results for the six months ended 30 June 2024 show that profit after tax rose by 16% to N$199 million (2023: N$171 million), reflecting the Group’s strategic focus on efficiency and product diversification. The Group continuesContinue Reading
Mobile Telecommunications Ltd, MTC, hosted the inaugural MTC OATF Tech conference, bringing together and providing a platform where industry experts explored and dissected relevant topics. The conference aims to foster dynamic and efficient tech solutions, prioritize engagement and networking, and grant institutions’ access to a broader range of knowledge, skills,Continue Reading
The Environmental Investment Fund of Namibia (EIF) and Northern Regional Electricity Distributor (NORED), in collaboration with the Ministry of Mines and Energy (MME), have announced the signing of a Memorandum of Agreement (MOA) under the Towards an Inclusive Design of the Renewable Energy Transition (TIDRET) project. This significant event marksContinue Reading
Loxworth Capital has announced a significant strategic investment in its portfolio company, Namibia Berries. Eos Capital, through its Euphrates Agri Fund, has acquired a 15% stake in Namibia Berries, strengthening the company’s growth trajectory. This partnership aims to significantly boost local blueberry production, contributing to Namibia’s agricultural sector and positioningContinue Reading
Trustco Group Holdings Ltd has announced that Meya Mining, in which Trustco holds a 19.5% interest, has recovered a remarkable 391.45-carat diamond. This significant find was made in the Kono District of Sierra Leone, within an area that spans the Kamara Gbense and Tankoro chiefdoms. Meya holds a 25-year exclusiveContinue Reading
Nedbank Namibia has announced that 20-year-old NUST Student, Mandume Hasheni took home the top prize in the highly anticipated Nedbank Kapana Cook-Off 2024 Competition final, which took place over the weekend at the Ongwediva Trade Fair. After a series of intense preliminary rounds in Ongwediva, Windhoek, Walvis Bay and Orandjemund,Continue Reading
Canadian-based research experts, Atrium Research, have valued Trigon Metals’ ownership of the Kombat mine in Namibia at C$243 million (about N$3.2 billion) following the mine’s stellar performance in the first quarter of its 2025 financial year, where the mine reported a breakout quarter with revenue of N$178 million. Atrium ResearchContinue Reading
By Marco Raffinetti Namibia is one of the few countries in the world where protection of the environment is enshrined in its highest law, the Constitution. This clear indicator shows how seriously the Government of the Republic of Namibia (GRN) takes preservation of its natural environment. Article 95 (l) ofContinue Reading
To ensure that petroleum resources are exploited optimally and responsibly, the government of Namibia has considered several oil and gas management principles (or oil commandments as one may call them) to be ideal for the development of a national petroleum policy. According to Deputy Minister of Mines and Energy, KorneliaContinue Reading
Bezant Resources PLC has signed a non-binding letter of intent (LOI) to partner with CrossBoundary Energy Management and Eversolar Pty Ltd for a renewable and/or hybrid solar energy supply at its Hope & Gorob Copper-Gold Project in Namibia, where Bezant holds a 70% interest. The partnership, contingent upon a legallyContinue Reading
