De Beers’ operations in Namibia saw an 8% decline in the first half 2024 with the company sating that its overall revenue experienced a 21% decline in the same period. The diamond mining company highlighted in its financial report that a global decrease in diamond demand and increased competition createdContinue Reading
Trigon Metals Inc said it beat its production targets in the fourth quarter ended March 31, 2020 by extracting 97,525 tonnes of ore grading 1.15% copper from its Kombat copper mine in Namibia. That was ahead of the planned 90,000 tonnes, and included 85,365 tonnes of ore from the openContinue Reading
Old Mutual Namibia Short-Term Insurance (OMSIC) has announced that it has been voted the 2024 Best Short-Term Insurance company in the prestigious Best of Namibia campaign. This recognition highlights Old Mutual Namibia’s commitment to excellence, innovation, and superior customer service in the Namibian insurance industry. The Best of Namibia campaignContinue Reading
Today, Dr. Esperance Luvindao, in partnership with OSAAT Africa Health Foundation and MENGA Healthcare Technology will unveil MENGA. MENGA is a digital health solution invented by Dr. Luvindao and has been in the works for the past couple of years with the aim of assisting patients throughout African Semi-Rural AreasContinue Reading
Old Mutual Namibia has announced the appointment of Natasha Winkler as the new Managing Director of Old Mutual Namibia Finance (OMFIN) as of 1 August 2024. Natasha brings with her a wealth of experience in the financial services industry, particularly within the Retail and Business segments. She is a resourcefulContinue Reading
Ohlthaver & List (O&L) Group subsidiaries, O&L Leisure and Hartlief, have excelled at the prestigious Best of Namibia awards, receiving high honours in multiple categories. “This recognition is a testament to our commitment to excellence and our dedication to delivering exceptional experiences to our valued guests and customers,” the companyContinue Reading
Recognising the importance of mental health in the workplace, the Communications Regulatory Authority of Namibia (CRAN) has made employee well-being a top priority. In response to the increasing mental health challenges faced by many Namibians, CRAN last year launched an innovative initiative: Mental Health Awareness Days, held once every quarter.Continue Reading
Hartlief, a subsidiary of the Ohlthaver & List (O&L) Group, has announced the successful conclusion of wage negotiations with the Namibian Food and Allied Workers Union (NAFAU). The new 1-year substantive agreement, effective from 1 July 2024 to 30 June 2025, represents a significant step towards achieving its Vision 2029Continue Reading
Reconnaissance Energy Africa Ltd. (ReconAfrica) has announced that, further to its announcement on July 16, 2024, it has entered into a definitive farm down agreement with BW Energy Limited dated July 30, 2024, for the sale of a 20% working interest in Petroleum Exploration Licence 73 (“PEL 73”), in northeastContinue Reading
Telecom Namibia, celebrating 32 years of service to the nation, hosted the inauguration of the Telecom Namibia Equiano Cable Station, marking a historic occasion as they simultaneously activated their capacity on the Equiano subsea cable, which was commissioned by Google. The cable links Namibia to Europe via Portugal and toContinue Reading
