Namibia-focused metals and mining company Andrada Mining, which operates the Uis mine, achieved significant growth in the six months ended August 31, driven by a 67% year-in-year increase in tin concentrate production to 758 t, which resulted in a 58% increase in contained tin to 454 t. Consequently, revenue increasedContinue Reading
Frontier Energy Network, the exclusive community for energy leaders worldwide, is set to host a reception for its Sub-Saharan Africa Members in Windhoek. The event will be co-hosted by Frontier Corporate Member, SNC Incorporated, a full-service energy, natural resources, corporate and commercial and dispute resolution law firm with offices inContinue Reading
On a month-on-month basis live exports saw a 27.80% decline from the 13 899 heads exported in September to 10 035 heads exported in October. According to the Meat Board of Namibia, live exports are 36.0% lower than a year ago and 41.94% lower than the 5-year average. “Cattle liveContinue Reading
Household credit extension remains a key driver in the growth of Private Sector Credit Extension, exhibiting a moderate increase of 4.2% y/y in October 2023. According to Simonis Storm, this is an escalation from the 2.8% y/y growth seen in October 2022, albeit a slight decrease from the 4.3% y/yContinue Reading
Bank Windhoek’s Executive Officer of Marketing and Corporate Communication Services, Jacquiline Pack, said that embracing social responsibility is not just a mere investment but a journey towards a sustainable and harmonious future for the Bank’s business, stakeholders, and the society it serves. She delivered this statement last week, in Windhoek,Continue Reading
Namibian start-up Kelp Blue which is based in Luderitz has won the Zayed Sustainability Prize, the United Arab Emirates’ pioneering global sustainability and humanitarian award which was announced at COP 28. Kelp Blue was finalist in the new climate action category, introduced to mark the UAE’s ‘Year of Sustainability’ andContinue Reading
The festive season is finally here, and most people are looking forward to finally spending much needed time with their families as well as getting in some long overdue rest. “It’s a joyous time of the year, were people exchange gifts, travel and spoil themselves with one or two expensiveContinue Reading
The Development Bank of Namibia (DBN) has announced the appointment of Nicky Katapa Mutenda as the new Chief Financial Officer (CFO) with effect from December 18, 2023, for a period of 5 years. Nicky’ appointment follows a meticulous selection process conducted by a panel of six distinguished individuals drawn fromContinue Reading
Trigon Metals Inc has announced that Rennie Morkel has been appointed President and COO of the Company as Jed Richardson transitions to the role as Executive Chairman. Rennie Morkel is a Namibian Permanent Resident who is a Chartered Accountant with qualifications from Ernst & Young South Africa and brings 19Continue Reading
To emphasise Namibia’s adaptation strategies in addition to climate mitigation efforts with the aim of showcasing their commitment to climate action towards achieving global goals, RMB Namibia and Capricorn Group will join forces at the COP28, in a panel discussion focusing on Innovative Finance for the Just Transition at theContinue Reading
