Staying true to their company purpose of “Creating a future, enhancing life”, Pick n Pay Namibia, a subsidiary of the Ohlthaver & List Group (O&L) and the Namibia Food and Allied Workers Union (NAFAU) has signed a one (1) year substantive agreement, taking effect on 1 July 2022. The agreementContinue Reading
Hangana Seafood, a subsidiary of the Ohlthaver & List Group (O&L) and the Namibia Fishing Industry (NFI) and Fisherman Workers Union (FWU) have signed a one (1) year substantive agreement. The agreement saw 1514 bargaining unit employees of Hangana Seafood receive a 6.5% increase on their basic salary, effective 1Continue Reading
By Stefan Stander You deserve an Adviser If you are ill, you go to the doctor, if you need legal assistance you use a lawyer and if a waterpipe burst you call a plumber. We seek out experts for important decisions because that is their job – to have theContinue Reading
By Ilke Platt An internship is a formal programme offered by organisations to assist students and recent graduates in training and gaining work experience. The goal of an internship or apprenticeship is to learn new skills in order to secure future employment. Various organizations are urged to embrace internships; however;Continue Reading
…payday borrowers owe N$58 million The micro lending industry’s value of the loan book (outstanding value) increased by 1.0 percent on a quarterly basis and by 8.1 percent on an annual basis to N$7.4 billion, an industry quarterly report released by Namfisa reveals. The loan book continued to be dominatedContinue Reading
Bannerman Energy Limited has lodged its mining licence (ML) application for the proposed Etango-8 uranium mine with the Namibian Ministry of Mines and Energy (MME). The Company now commences the engagement process with the MME for the grant of the ML. This includes submission of the Etango-8 Definitive Feasibility StudyContinue Reading
The Macroprudential Oversight Committee (MOC) of the Bank of Namibia at its third meeting held on 4 August 2022 reviewed the overall state of global and domestic financial stability, paying particular attention to the developments in and risks to the Namibian financial system. The Committee concluded that the financial systemContinue Reading
In a historic milestone, in its final report delivered on the 3rd August 2022, the Arbitration Panel’s Ruling on the dispute between the European Union (EU) and the Southern African Customs Union (SACU) member states, secures a landmark victory for the SACU poultry industry. The dispute was initiated by theContinue Reading
The Langer Heinrich uranium mine, in Namibia, is poised to return to production after the ASX-listed Paladin took the decision to restart operations. First production is targeted for the March quarter of 2024. Restart costs for the operation have previously been estimated at $81-million (about N$1.3 billion), with the life-of-mineContinue Reading
The merger agreement between Namibia uranium developer Deep Yellow Resources and Vimy Resources has been implemented, creating a global uranium player. The two companies earlier this year announced the merger agreement under which Deep Yellow would acquire all of the shares in ASX-listed Vimy, with Vimy shareholders to receive 0.294Continue Reading
