Africa is home to some of the largest mineral deposits on Earth, but the vast majority are exported for refining and manufacturing into goods. Local voices advocate for greater beneficiation of minerals within the continent, but many obstacles prevent this reality. Africa is home to some 30% of the world’sContinue Reading
Osino Resources has reported the best gold drill intercept in the company’s history at its Ondundu project in Namibia. Hole ONRC23-017 returned 109 metres grading 2.3 grams gold per tonne from 68 metres depth, including higher-grade intervals of 5 metres at 7.81 grams gold from 50 metres depth, and 3Continue Reading
Government’s Horse Mackerel auction has raised a total of N$52.3 million from the sale of 28,500 MT, inclusive of N$11,000 raised from application fees. This was as a result of the auctioning of the Governmental Objective Fishing Quota of 30,540 MT Horse Mackerel, bids held on 31 March 2023. “TheContinue Reading
President Hage Geingob who is currently on a working visit in South Africa has revealed that after Official Talks, Namibia and South Africa will witness the signing of memorandum on Tourism, an area key to economic development aspirations. “We should, therefore, direct our Ministers and their Senior Officials to ensureContinue Reading
By Zenaune Kamberipa. In late February 2023, the Institute of Chartered Accountants in Namibia (ICAN) released the Assessment of Professional Competence (APC) results, which means that the successful candidates have qualified as Chartered Accountants (CAs) or will do so pending the completion of the final year of their training contracts.Continue Reading
…Fund ups number of students to receive aid to 22 178 Namibia Student Financial Assistance Fund (NSFAF) has said that from the 30 124 applications from prospective beneficiaries received, 22 178 or 74% applicants are eligible for funding. The Fund Acting Chief Executive Officer (CEO), Kennedy Kandume said that thisContinue Reading
Haib Minerals, the fully-owned Namibian subsidiary of copper explorer and developer Deep-South Resources, held a “very constructive” meeting with Namibia Mines Minister Tom Alweendo, Mines Ministry mining commissioner Isabella Kandjii-Chirchir and Mines Ministry deputy executive director Erasmus Shivolo on April 13. Deep-South Resources has been in a legal battle withContinue Reading
NamPower has signed Power Purchase (PPA) and Transmission Connection (TCA) agreements with CERIM Lüderitz Energy (PTY) LTD for the development of the 50MW Lüderitz Wind Power Plant on a Build-Own-Operate Basis, and the associated transmission connection infrastructures required to connect the power plant to the Namibia Grid. The power plantContinue Reading
The Namibia Investment Promotion and Development Board (NIPDB) and the World Bank Group have successfully concluded the Chelete Cage pitch event, providing a crucial platform for innovative startups and micro, small, and medium enterprises (MSMEs) to raise funds and meet their capital needs. The initiative, held recently in Windhoek, marksContinue Reading
It is becoming increasingly difficult for Agribank to source affordable capital and on-lend to the agriculture sector at affordable rates, the Bank has said in its latest quarterly economic outlook report. The Bank further noted that this prompts the need for the Bank to continuously engage stakeholders and shareholders forContinue Reading
