The De Beers Group, which concluded in-principle diamond sales and mining agreements with the government of Botswana at the weekend, has committed a billion pula (N$1.4-billion) upfront to fund the development of diversification within Botswana. “I’ve just returned from Botswana and I’m really delighted that we’ve reached agreement in principleContinue Reading
FNB Namibia has paid out N$85million, out of N$150million allocated to the bank through the SME Economic Recovery Loan funds from the Ministry of Finance & Public Enterprises in collaboration with Bank of Namibia (BON). This was revealed by Tomas Iindji, FNB Namibia Head of Business Banking – SME andContinue Reading
CRAN has appointed Maria Moses as Executive: Finance & Administration effective 03 July 2023. Moses has over 20 years’ experience in the finance and accounting field, having served as an Auditing Officer, Management Accountant, Manager: Management Accounting and Director: Administration Services for various public and private sector organisations in theContinue Reading
Capricorn Group has announced the appointment of Olebile Makhupe as the Managing Director of Bank Gaborone with effect from 1 July 2023. Bank Gaborone is a subsidiary of Capricorn Group and was established in 2006. The Group has become the only financial services Group in the region (Namibia, Botswana, SouthContinue Reading
FNB Namibia CEO Erwin Tjipuka recently took over the Chairmanship of the Banker’s Association of Namibia (BAN) at an event held last week. The responsibility of chairing the association rotates annually among the Managing Directors or Chief Executive Officers of commercial banks in Namibia. Tjipuka takes over from Bank Windhoek’sContinue Reading
The highly anticipated Sanlam Bridge Programme, aimed at showcasing and supporting promising businesses, concluded phase one of the pitch competition on June 30th, 2023, as 16 ambitious entrepreneurs battled it out for a spot in the top 5. Following a rigorous evaluation process, the esteemed panel of judges has selectedContinue Reading
By Bank Windhoek’s Manager of Forensic Services, Johnny Truter. International cybersecurity experts, including the United States-based Abnormal Security, have observed that Business Email Compromise (BEC) attacks increased by 81 percent in 2022 and 175 percent over the past two years. BEC is an advanced phishing scam that impersonates people, organisations,Continue Reading
Mobile Telecommunications Ltd, MTC on Saturday announced a sponsorship amount of N$385 000 to the Ongwediva Annual Trade Fair Preparatory Committee (OATF-PC). During a gala dinner hosted in the northern town of Ongwediva, MTC remained the official main sponsor of the trade fair. As per the norm, the annual eventContinue Reading
… as miner could host up to 14.5 trillion cubic feet of recoverable gas A frontier onshore play being chased in Namibia by Vancouver-based junior ReconAfrica could host up to 14.5 trillion cubic feet of recoverable gas, according to a resource assessment of the area carried out by a well-knownContinue Reading
Gratomic Inc. has announced that commercial commissioning has begun at its Aukam Graphite mine in Namibia to prepare the first 100 tonnes of product to send customers for final inclusion into value-added applications. Aukam’s primary focus in product development has been to become one of the first projects in theContinue Reading
