By Helena Mboti The global economic landscape is characterized by heightened geopolitical tensions, potential for conflict escalation, and ongoing environmental concerns. Moreover over 60 countries are slated for elections adding to the level of global uncertainty. This article explores how these factors are shaping the demand for gold, a physicalContinue Reading
Madison Metals has announced the termination of its uranium forward sales agreement with Sanmiguel Capital Investment an arm’s length financial advisory firm assisting with the administration of uranium tokenization. To date, only 2,130 pounds of U3O8 priced at US$68 per pound has been purchased from initial uranium token sales. MadisonContinue Reading
By Shakwa Nyambe As Namibia anticipates its emergence as a potential player in the global oil and gas markets, discussions about joining the Organization of the Petroleum Exporting Countries (OPEC) have surfaced. However, a decision of this magnitude requires a cautious and well-considered approach, carefully taking into account Namibia’s currentContinue Reading
…company makes key changes to its Board of Directors Reconnaissance Energy Africa (ReconAfrica) has announced changes to its Board of Directors, including the retirement of Chairman Craig Steinke, the appointment of the Diana McQueen as Chair and the appointment of D. Jeffrey Harder as a new independent director and ChairContinue Reading
Trustco Properties has announced the appointments of Lizette Da Fonseca as the newly appointed Deputy Chief Executive Officer (CEO) and Lindie Verwey as the new Chief Operating Officer (COO) of its real estate portfolio, effective 1 May 2024. With over 27 years of professional experience, Lizette embarked on her careerContinue Reading
By Bloomberg Early in May, King Philippe of Belgium was on the edge of the Namib desert to inaugurate a project that aims to help decarbonize European industry, and which might just enable one of Africa’s smallest economies to hit the clean-energy big time. It was a humble start forContinue Reading
The City of Windhoek has submitted a tariff proposal of 10.4% average increase in electricity to the Electricity Control Board (ECB) for the 2024/25 financial year. This announcement was made during a tariff review presentation organized by the ECB in Windhoek today. City of Windhoek’s Strategic Executive for Electricity, O’BrienContinue Reading
Obeth Kandjoze, Director General of the National Planning Commission, and Dr. Andreas Götze, Deputy Head of Mission of the Federal Republic of Germany have signed two Government Agreements on Financial Cooperation and Technical Cooperation between Namibia and Germany. These agreements cover three new programmes to the value of 19 millionContinue Reading
Bank Windhoek’s Chief Financial Officer, Zenaune Kamberipa has announced the appointment of Gideon Amakali as the Bank’s new Head of Management Accounting, effective 1 June 2024. “With his valuable experience in various industries, we are confident that Amakali will add further significant value to his new role and Bank Windhoek’sContinue Reading
Old Mutual Namibia has announced the appointment of Hileni Amadhila as the new Senior Public Relations, Stakeholder, and Communications Consultant within the Group Marketing, Public Affairs, and Sustainability team. Hileni brings over 11 years of extensive experience in strategic marketing and communication to her new role at Old Mutual Namibia.Continue Reading
