Technology metals mining and exploration company, Andrada anticipates completion of its lithium bulk-testing pilot facility in June this year, the London Aim-quoted company said on Monday, March 20, when it provided fourth-quarter and 12 months to February 28 production updates for its Uis tin, lithium and tantalum mine in Namibia.Continue Reading
Namibia Breweries Limited’s (NBL) – a subsidiary of the Ohlthaver & List (O&L) Group financial results for the year ended December 2022 show that the company recorded profit after tax (from continuing operations) of N$286 million, up by 10.7% while net revenue is up 21.3% to N$1.8 billion. Essentially, NBLContinue Reading
Ashburton Investments Managers recently held a successful two-day Investment Summit that explored opportunities for investors in the current local and global economic landscape. The Summit that took place on 14 and 15 March at Hilton Hotel in Windhoek and Strand Hotel in Swakopmund respectively saw presentations from key experts whoContinue Reading
Bank Windhoek’s Chief Treasurer, Claire Hobbs, said climate change would only be harmful if interventions to increase resilience are not practised worldwide. Hobbs said this when she launched the Bank’s Sustainability Loan Awareness Campaign in Windhoek on Wednesday, 8 March 2023. “Bank Windhoek is committed to providing unique financial solutionsContinue Reading
Namibia’s only special risk insurance company, Namibia Special Risks Insurance Association Limited (NASRIA) has donated N$130 000 worth of items to assist flood victims in the Ohangwena region. The items donated come in the form of 4 water tanks with a carrying capacity of 2500 litres and also 4 classroomContinue Reading
As young professionals, it is important to understand the landscape of investing and how to grow your finances through different options. “There are many things to consider when investing, but one of the most important is your time horizon. This refers to how long you are willing to invest for.Continue Reading
Last week, Nedbank Namibia held its Employee Top Achievers Awards 2022 ceremony under the theme – We write the future, at the Nedbank Campus. The awards recognise the exceptional performance and contributions of employees who have made a significant impact in the company’s success during 2022. During the evening, 15Continue Reading
FirstRand Namibia last week celebrated its new insurance brand FNB Short Term Insurance, hosting business leaders, employees, and colleagues across the group in the capital city In March last year OUTsurance Namibia was acquired by FirstRand Namibia Ltd and following all regulatory approvals, FNB Insurance enters the market as 100%Continue Reading
ASX-listed Paladin Energy says in its statement for the six months ended December 31, 2022, that since the decision was made in July 2022 to restart the Langer Heinrich mine (LHM) in Namibia and reach commercial production in calendar 2024, the restart project continues. This continues with a focus onContinue Reading
After considering the funding requirements of the Group into the future, power utility, NamPower has revealed that it has taken a decision to de-list the NamPower bond programme from both the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX) subsequent to year end. Going forward, plans are underwayContinue Reading
