Direct economic value generated and distributed in Namibia for the year 2023 by Bannerman Energy amounted to nearly N$29 million, the miner revealed recently. Of this, the biggest spend went to goods and services acquired from Namibian suppliers which totalled approximately N$17 million. This was closely followed by employee costsContinue Reading
Elevate Uranium, an ASX-listed company with assets in Namibia and Australia, on Friday announced a placement of shares to raise N$124 million (about A$10-million). Demand for the placement, at A$0.32 a share, was strong, reported MD Murray Hill. “The placement adds further depth to our register, strengthens our financial positionContinue Reading
As part of Namibia’s COP28 programme, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), DMG events and Vasco Da Gama Energy on 06 November 2023 officially launched the inaugural Global African Hydrogen Summit (GAh2S), to be hosted in Windhoek on 03 – 05Continue Reading
By Betty Ndjiva In Namibia, ensuring financial security is a common goal shared by individuals and families alike. Life insurance stands out as a vital tool in this endeavor, offering protection and peace of mind not only for entrepreneurs but for all segments of society. This article explores the comprehensiveContinue Reading
In a significant demonstration of excellence, Momentum Metropolitan has been honoured as the “Long Term Insurer of the Year,” while its subsidiary, Momentum Short Term Insurance, has been equally celebrated as the “Short Term Insurer of the Year” at the prestigious 2023 Namibia Premier Business Awards. These dual accolades representContinue Reading
Uranium mining and exploration company Madison Metals has announced a private placement of units at a price of C$0.40 each for aggregate gross proceeds of up to C$500 000 (about N$6.8 billion). Each unit will comprise one common share in the capital of the company and one-half of one common shareContinue Reading
Uranium explorer Deep Yellow is making strides towards extending the mine life of its Tumas project to a targeted 30 years, with a recent drill programme unearthing additional resources to prolong the current life-of-mine (LoM). The primary objective of the reverse circulation resource expansion and infill drilling programme completed toContinue 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
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
