By Stephen Baard The average person on the street has had a difficult year as central bankers continued to battle stubbornly high inflation. This has resulted in rising interest rates with no end in sight. Equally, we have had to deal with a weak currency that has provided no reliefContinue Reading
By Sharon Kasote We frequently find ourselves caught up in a constant quest of success in the fast-paced and demanding world of work. Our mental and emotional health may suffer because of the pressure to perform, to meet deadlines, and accomplish goals. It’s critical to recognise that it’s normal toContinue Reading
Mining-focused investment adviser Appian Capital Advisory has acquired an 89.96% interest in the producing Rosh Pinah zinc/lead mine, located in the Kharas region in southern Namibia, from Trevali Mining. Rosh Pinah is an operating underground zinc/lead mine with a 2 000 t/d milling operation. Controlling ownership will enable Appian toContinue Reading
Following its mining restart at its Kombat copper project in Namibia, Canadian copper producer Trigon Metals has said that it is expecting to ship its first copper concentrate this August. In an update to investors on mining operating costs for the open pit at Kombat Mine in Namibia, Trigon MetalsContinue Reading
Monica Geingos, First Lady of the Republic of Namibia has recognised the critical role that institutions like Namib Desert Diamonds (Pty) Ltd (NAMDIA) play in bridging societal divides within Namibia’s economy emphasising the importance of not solely focusing on capital returns but also placing a significant emphasis on social returns.Continue Reading
By Trophy Shapange Have you ever wondered why everything from cars to sweets alongside the road is suddenly getting expensive? In times of economic chaos, it can be challenging to stay ahead of the curve. One of my greatest mentors is a 90-year-old man who resides in the beautiful villageContinue Reading
The coastal area of Namibia recorded the lowest occupancy rate in May 2023, at 44.2%, from the highest last month of 58.1%, hospitality statistics for May by Simonis Storm show. In the month, the central area had the highest occupancy rate of 54.9% (17.6 percentage points higher than the previousContinue Reading
Notwithstanding the efforts by Namibia’s Roads Authority to justify the shortlisting of seven foreign companies, after the prequalification phase for the 32 km road rehabilitation project between Karibib and Usakos (TR7/1) – which is financed by a loan by the German government through the Kreditanstalt für Wiederaufbau (KfW) – theContinue Reading
Kaoko Green Energy Solutions (Pty) Ltd and Impact Hydrogen have signed a Memorandum of Understanding (MOU) in which these companies have set their sights on developing a revolutionary hydrogen gas stove specifically designed for cooking purposes. The MoU on a “Collaborative Framework on hycooker usage, production, sustainable development andContinue Reading
Mineral exploration and development company Deep-South Resources’ Haib copper licence has been reinstated by the Namibia Ministry of Mines and Energy with the status “pending renewal”. After a long court battle, the High Court of Namibia in March ordered the Ministry to restart Deep-South’s licence renewal application procedure and arriveContinue Reading
