Mining and exploration firm Madison Metals executive chairperson and CEO Duane Parham has increased his investment in the company, acquiring a further 233 000 shares on the open market. Prior to the acquisition, Parnham held 1.89-million shares and he now holds 2.12-million shares, representing 10.6% of the company’s common sharesContinue Reading
Namibia Wildlife Resorts Limited (NWR) has announced a significant achievement just days before the end of its financial year on October 31, 2023. The company is debt-free, after having successfully settled all its outstanding long-term and statutory debts, some of which trace back to its foundation. These debts included financialContinue Reading
FNB Commercial Banking is pleased to announce a 1-year partnership agreement with the Harambe Entrepreneur Alliance, an alliance of African innovators known as Harambeans. This strategic partnership aims to unlock the entrepreneurial potential of Namibia and transform its entrepreneurial landscape. As part of this collaboration, FNB’s SME clients will gainContinue Reading
Yesterday, on the eve of the Global Gateway Forum, Commission President Ursula von der Leyen and President of Namibia Hage Geingob endorsed the roadmap for the EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen, supported by €1 billion in investments by the EU, its Member StatesContinue Reading
Bank Windhoek’s Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, said that the BRICS alliance nations have shown remarkable resilience in facing challenges, adapting and prospering in an ever-changing world. Similarly, he said, Bank Windhoek has weathered several economic storms in its more than 40-year history asContinue Reading
Namibia’s ambitions to become a manufacturing hub for battery metals key to the global transition to clean energy will require huge investments in infrastructure to support processing facilities, mining executives said on Wednesday. The southern African country has significant deposits of lithium, vital for renewable energy storage, as well asContinue Reading
By Eddie King Imagine John, a 35-year-old professional. In his 20s, he juggled multiple credit cards, often reaching their limits and only managing minimum payments. By 30, he faced mounting interest, a declining credit score, and challenges securing a car loan. However, after seeking financial counselling, consolidating his debts andContinue Reading
Schalk van Greunen of Indongo Auto trading as (t/a) Indongo Toyota Okahandja was named the top salesperson in both the New and Used Vehicles categories at the Bank Windhoek Vehicle and Asset Finance (VAF) Selekt Sales Awards ceremony hosted in Windhoek. Danie Slabbert of Simon Motors t/a Mariental Toyota wonContinue Reading
By Christoff Bauernschmitt In a world increasingly focused on sustainability and environmental responsibility, the concept of “green investing” has gained significant traction. It signifies a shift away from traditional investing techniques and towards a broader commitment to environmental and social well-being. Green investing is more than just a fad; it’sContinue Reading
Global diamond company De Beers’ production decreased to 7.4-million carats for the third quarter ended September 30. That compares with the 9.6-million carats produced in the third quarter of last year and the 7.6-million carats produced in the second quarter of this year. The lower output was primarily owing toContinue Reading
