Despite the boon of improved uranium demand, overall, depressed commodity prices and costly operating conditions are emphasising the need for Namibian mining companies to ensure that they mine a lot smarter, and more efficiently and sustainably. “We believe that our solutions meet that criteria. The trend at the moment isContinue Reading
B2Gold has revealed that it spent in excess of N$72 million on exploration at its Otjikoto gold mine in Namibia in 2023 surpassing the N$64 million that was invested in the year 2022. Full year financial results for the 2023 financial year also show that the gold miner deployed CAPEXContinue Reading
…as hospitality industry continues steady recover and growth In the first month of the year, coastal regions emerged as the most sought-after holiday destinations, boasting an occupancy rate standing at 55.39% above pre-Covid levels, the highest among all regions. According to Simonis Storm, this improved activity can be attributed toContinue Reading
Namibia has been grey listed by the Financial Action Task Force’s (FATF) Plenary and placed under increased monitoring, due to concerns over remaining effective implementation compliance with international Anti-Money laundering (AML), Combating the Financing of Terrorism (CFT), and Combatting Proliferation Financing (CPF) standards. As a signatory to various United NationsContinue Reading
The 2024 National Budget, which sets out expected revenues and key national spending priorities, will be tabled to parliament on 28 February 2024. According to Ruusa Nandago FNB Namibia Economist, this is an important budget as it will be tabled ahead of an election period, amid an ongoing drought, sluggishContinue Reading
In collaboration with the African Leadership Institute (ALI) and the Ministry of Education Arts and Culture, Bank Windhoek recently hosted forty teachers for a three-day Mathematics workshop at Rock Lodge, in the Okahandja district. With facilitators from the Ministry of Education, Arts and Culture, the teachers represented Khomas, Omaheke, HardapContinue Reading
FNB Namibia has announced Vera Iiyambo and Linda Shaanika as the winners of the Harambeans FNB Namibia Prize which recognises exceptional entrepreneurs in the country. The winners will receive an all-expenses paid trip to attend the 2024 Harambeans Global Summit in Kenya, which is an exclusive event that brings togetherContinue Reading
B2Gold’s Otjikoto Mine in Namibia, in which the Company holds a 90% interest, had a strong finish to 2023 and produced an annual record of 208,598 ounces of gold, at the upper end of the guidance range of 190,000 to 210,000 ounces, mainly due to improved processed grade as aContinue Reading
By Ndadhi Ndoroma In the world of financial planning, the preservation of wealth stands as a vital component in establishing a durable financial legacy. With their strategic position, preservation funds emerge as prosperity guardians, guaranteeing future generations’ financial well-being. This article will explore the critical function preservation funds play inContinue Reading
Sintana Energy Inc. has been named in the TSX Venture (TSXV) 2024 Venture 50TM ranking, highlighting the top-performing companies that are driving growth across their respective sectors. The TSX Venture 50 is an annual ranking of the top performing companies from the past year on TSX Venture Exchange, a world-leadingContinue Reading
