The Board and Management of the Communications Regulatory Authority of Namibia (CRAN) has announced the appointment Mufaro Nesongano as Executive: Communication and Consumer Relations effective 20 March 2024. With over 20 years of experience in broadcasting, communication, public relations, and brand management, Nesongano has a proven track record of successContinue Reading
In line with regulatory requirements, the banking sector will be rolling out changes to how clients make and receive payments between Namibia, Eswatini, Lesotho and South Africa also known as ‘the Common Monetary Area’ as of 15 April 2024. This means that all cross-border Electronic Fund Transfer (EFT) payments processedContinue Reading
Namibia Critical Metals has announced the sale of four non-material gold properties in Namibia to Sylla Gold. Sylla will issue to Namibia Critical Metals three-million common shares at a deemed issuance price of $0.05 a share and make a cash payment of C$100 000 (about N$1.3 million). This move reflectsContinue Reading
Following a review of the Blyvoor project in Gauteng, South Africa, and given the new direction of Aim-listed Katoro Gold and the need to focus on a clear pathway to high-value business activities, the company has decided to cease any further investment in this project with immediate effect. Katoro hadContinue Reading
By Ama Owusu-Agyemang Namibia is many things. It is a country of peace. It is a country of blinding natural beauty. It is a country embracing a green revolution. But it is also the second most unequal country in the world, according to the World Bank’s Gini Index. As weContinue Reading
Andrada Mining Limited, the African technology metals mining company with a portfolio of mining and exploration assets in Namibia has announced that today its subsidiary Uis Tin Mining Company (Pty) Ltd, has entered into a conditional, credit-approved N$175 million funding agreement with Bank Windhoek Limited. The funding constitutes a N$100Continue Reading
FirstRand Namibia Group handed over a symbolic dividend cheque for the financial year ended June 2023 to the Government Institutions Pension Fund (GIPF) on Monday. The dividend totalled N$321 971 760.99. The GIPF’s 15.7% shareholding in FirstRand Namibia Ltd ensures financial stability, growth, and security for GIPF’s members and beneficiariesContinue Reading
Africa Oil Corp. has made a cash offer to acquire up to 8.0% of issued shares from minority shareholders in Impact Oil and Gas Limited. The offer is worth up to approximately US$64 million (about N$1.2 billion), which implies a valuation of US$805 million for 100% of the issued shareContinue Reading
New Generation Reporting took centre stage this week when the Capricorn Group, in partnership with GreymatterFinch, hosted yet another Investor Relations Workshop. The event, held on Tuesday at the Hilton Hotel in Windhoek, was attended by players from various sectors of the Namibian economy, including listed companies on the NamibianContinue Reading
FNB Namibia staff recently volunteered their time to prepare workbooks, pack stationery and prepare teaching files for the Amos Meerkat Early Childhood Development Programme. The Amos Meerkat Project is a pre-school development programme that aims to ensure that every pre-schooler in Namibia, particularly those from farming communities and informal settlements,Continue Reading
