By Patricia Olivier Those of you who are nearing retirement age have most probably thought about life after work – and most importantly how to sustain yourselves when there is no longer a monthly salary coming your way. Some of you participate in your employer’s Pension Fund Scheme specifically forContinue Reading
Base metals miner Trevali warned on Monday that its liabilities exceeded its assets and that it would not be able to make a mandatory payment of N$122 million on a revolving credit facility this week. This comes as the company has faced several setbacks, including a flooding event that shutteredContinue Reading
Uranium developer Bannerman Energy has completed the acquisition of a 41.8% shareholding in TSX-V listed critical minerals explorer Namibia Critical Metals Inc (NMI). The company in May unveiled the N$83 million in cash and 846 337 Bannerman shares, post a share consolidation, transaction, which would give Bannerman access to NMI’sContinue Reading
The Capricorn Foundation has announced the successful conclusion of entries for its Food Waste Challenge. In line with its vision to be Connectors of Positive Change, the Foundation previously called for innovative solutions from the public to reduce food waste in Namibia to help address the problem of food insecurityContinue Reading
The Capricorn Group last week hosted a thought-provoking public information session under their Inspire banner. The Inspire session, which took place at the Hilton Hotel, was themed ‘The Future of Finance: mega-trends that will shape the financial landscape,’ in the hope of stirring up conversations around how financial experiences haveContinue Reading
City of Windhoek mayor, Sade Gawanas has acknowledged that City’s financial woes are being compounded by a huge salary bill and thus has highlighted that the City is looking at ways in which it can reduce it to acceptable parameters. Gawanas also acknowledged that the salaries are above market salariesContinue Reading
…sector also employs over 6000 people in rural areas Namibia’s wildlife population generates Euro 13.6 million (about N$227 million) in annual hunting revenues and employs over 6,000 people in rural areas, minister of environment, forestry and tourism, Pohamba Shifeta has said. Shifeta highlighted that Namibia’s wildlife also contribute to foodContinue Reading
For the second half of 2022, B2 Gold’s Otjikoto mine’s gold production is expected to increase significantly to between 100,000 and 105,000 ounces, the company said adding that the Mine is now expected to produce between 165,000 and 175,000 ounces of gold in 2022 (original guidance range of 175,000 toContinue Reading
…as Growth at home strategy gather steam in phase two The Ministry of Industrialisation and Trade (MIT) is exploring wood charcoal as an industry for value addition under the growth at home strategy. In this light, the Ministry has said that it has constructed a charcoal production factory at Witvlei,Continue Reading
Following the November 2020 incident in which the BDF anti-poaching unit shot and killed three Nchindo brothers and a Zambian cousin on suspicion that they were poachers, CCG will not let the matter rest. The Namibian pressure group has gone a step further to report amongst others Masisi and SegokgoContinue Reading
