Gold miner B2Gold has said that capital expenditures in 2024 at Otjikoto in Namibia are expected to total N$629 million (about US$33 million, of which approximately N$610 million (about US$32 million) is classified as sustaining capital expenditures and N$19 million is classified as growth capital expenditures. Sustaining capital expenditures areContinue Reading
Letshego Bank Namibia has announced the appointment of Allvan Farmer as its new Chief Operating Officer (COO), effective 1 December 2023. A seasoned banker with a 17-year career navigating complex strategic projects, Farmer has remarkable expertise in critical business areas, including Payments, Technology Operations, Digital Transformation, Cyber Security, Risk, andContinue Reading
By Jo-Ann van Wyk Stepping into a new year requires more than normal financial planning in the ever-changing landscape of economic challenges. Financial resilience is a systematic strategy to navigating unpredictable market dynamics, geopolitical developments, and unanticipated global events. Building a strong financial foundation begins with the establishment of anContinue Reading
Rössing Uranium and the Mineworkers Union of Namibia (MUN) Rössing Branch Executive Committee (BEC) concluded negotiations for salary increments for the year 2024, 2025 and 2026. The three-year wage agreement was signed on 18 January 2024, for the Bargaining Unit employees being Grade 1 to 11 and L Band. TheContinue Reading
By Celeste Nangolo A fulfilling and purpose-driven professional life is like a vibrant picture. It is a mix of feeling good, work goals, and personal dreams all scrambled together. The focus is on how setting meaningful goals, blending them into your everyday work, and caring about your overall well-being canContinue Reading
Koryx Copper, previously known as Deep-South Resources, has filed an amended preliminary economic assessment (PEA) technical report for the Haib copper project, near Noordover, in the south of Namibia. The amendment has not impacted on the material components of the PEA, notably resources, metallurgy, mine plan, cost estimates, economic analysisContinue Reading
By Mignon du Preez The concept of business sustainability is no longer merely fashionable in today’s environment; rather, it represents a fundamental change in the way we think about and conduct business. Businesses now view success through a broader prism that goes beyond market supremacy and profit margins to includeContinue Reading
Uranium miner, Deep Yellow has set the third quarter of this year as the time that it will make its final investment decision on its Flagship Tumas project in Namibia. Namibia’s Ministry of Mines and Energy (MME) issued Reptile Uranium Namibia (Pty) Ltd (RUN), a 100% subsidiary of Deep Yellow,Continue Reading
Graham Chamberlain, New Business Director at Murray & Roberts Cementation says mining sector progress in Namibia and Botswana is encouraging while the company with over a century of experience is considering opportunities in Zambia. In compliance with many African countries’ localisation regulations, Murray & Roberts Cementation has registered companies inContinue Reading
Namibia’s strides in the electric vehicle (EV) sector, while aligned with its green hydrogen initiatives, face substantial challenges, particularly in infrastructure development and cost, research experts Simonis Storm say. The firm highlights that the introduction of the high-end GWM ORA 03 300 Super Luxury by Pupkewitz GWM showcases innovation inContinue Reading
