Copper producer Consolidated Copper Corp (CCC) has appointed Tim Flynn as group security head and Robert O’Neill as chief compliance officer to support the company’s operations and growth in Namibia. In the fourth quarter of last year, CCC restarted the processing of London Metal Exchange A-grade copper cathode at itsContinue Reading
In February, Nedbank Namibia hosted its prestigious Top Achievers Awards, an annual event dedicated to recognising and celebrating the remarkable contributions of its employees over the past year. The ceremony served as a platform to honour individuals and teams whose dedication, innovation, and commitment to excellence have driven the bank’sContinue Reading
… John Mbango appointed as acting CEO The Development Bank of Namibia (DBN) has announced the resignation of its Chief Executive Officer, Dr John Steytler, effective immediately. Dr. Steytler has decided to pursue new interests and opportunities. The Board would like to express its appreciation for the commitment and driveContinue Reading
In a landmark development for the Namibia Industrial Development Agency (NIDA), the revaluation of its property portfolio to N$3 billion is poised to be a game-changer for the agency, setting the stage for enhanced growth and strategic expansion as it enters its next business cycle. This significant shift, expected toContinue Reading
Oryx Properties has demonstrated resilience in its financial performance for the period ending June 2024, reporting a 5.4% year-on-year increase in revenue to N$237.2 million, up from N$225.0 million in December 2023. According to a report by Simonis Storm, this growth was driven by positive rental escalations and strong tenantContinue Reading
Mobile Telecommunications Limited, (MTC) has once again showed its commitment in supporting local business initiatives, with an amount of N$130 000, to the Lüderitz Cray Fish Festival, to assist towards the successful hosting of the Lüderitz Cray Fish Festival, scheduled for 29 April – 05 April 2025. The Crayfish FestivalContinue Reading
As part of Old Mutual’s commitment to supporting educational excellence and empowering future leaders, the company awarded three full and three partial bursaries to outstanding students pursuing their studies in Actuarial Science. Students that were awarded full bursaries are Haily Shipandeka, Oleksandra Makarenko and Cecilia Kandowa, all first-year students registeredContinue Reading
In line with the bank’s belief in nation-building and community support, First National Bank (FNB Namibia), through the FirstRand Namibia Foundation, has donated One Hundred Thousand Namibia Dollars (N$100,000.00) to the Thinus Bakkes Overnight Shelter. This contribution aims to enhance the shelter’s facilities and improve the lives of its residents.Continue Reading
Executing a strategic intent to strengthen its infrastructure, Namibia’s premier digital driver, MTC, has extended its inroad footprint of fibre transmission to 2738 km, fortifying its backbone infrastructure to accommodate future capacity expansion and reduce the dependence risk. The inroad extension of MTC fibre has enabled the telco to unlockContinue Reading
Gil Holzman, President & CEO, Eco Atlantic Oil & Gas, will speak at the Invest in African Energy (IAE) Forum 2025 in Paris this May as the company expands its presence in the Orange Basin, offshore South Africa. The Canada-headquartered Eco Atlantic has recently expanded its presence in Africa throughContinue Reading
