Author: Staff Writer
Bezant Resources Marks Progress at Copper-Gold Project
By: Staff writer Bezant Resources has announced the completion of a series of contractor services, marking a significant milestone for the Hope & Gorob mining operation. The company submitted a mining licence application for the Hope-Gorob copper-gold project…
Telecom, MTC Attain 70%, 94% SIM Card Registration
By: Staff Writer Telecom Namibia and Mobile Telecommunications (MTC) have reached 70% and 94% SIM card registration, respectively. This information was disclosed by Minister of Information and Communication Technology, Emma Theofelus, on Tuesday. Paratus Telecommunications and UCOM have achieved…
Local Financier Facilitates N$2.8 Billion for Navachab Mine Expansion
By: Staff Writer RMB is set to facilitate a N$2.8 billion (USD 155 million) syndicated loan from Namibian and South African banks aimed at expanding QKR Navachab, Namibia’s second-largest gold mine. Under the agreement, RMB will serve as…
Bank Windhoek Appoints Saara Shivute to Executive Role
By: Staff writer Bank Windhoek has appointed seasoned banking professional, Saara Shivute, as the bank’s executive officer of sales and bancassurance, effective 1 June 2024. Shivute joined the bank in 2018 as head of specialist finance. In her new…
Fuel Prices To Remain Unchanged
By: Staff writer Fuel prices will remain unchanged in June, the Ministry of Mines and Energy has announced. In Walvis Bay, petrol prices will stay at N$ 23.00 per litre, diesel 50 ppm at N$ 22.17 per litre, and diesel…
Hospitality Forum Secures Additional N$500,000 Sponsorship
By: Staff Writer The Africa Hospitality Investment Forum (AHIF) 2024 has received an N$500,000 sponsorship from RMB and FNB Commercial, on behalf of the FirstRand Namibia Group. This investment follows O&L Leisure’s similar sponsorship announced on Sunday. The forum…
Mbumba Praises Omagongo Festival
By: Staff writer President Nangolo Mbumba has commended the recently held Omagongo Festival, stating that events such as that offer opportunity to unite Namibians and foster tradition and culture, but most importantly, in the interest of promoting solidarity, camaraderie and…
Namibia’s First Africa Hospitality Investment Forum Secures N$500,000 Sponsorship
By: Staff Writer The Africa Hospitality Investment Forum (AHIF) 2024 has secured a N$500,000 sponsorship from O&L Leisure. The event is expected to bring over 300 hospitality industry investors, business leaders, government officials, and expert advisors from across the…
Madison Metals Starts Maiden Drill At Uranium Project
By: Staff writer Uranium exploration company Madison Metals has commenced with its maiden 2024 drill program at the Khan Project at Madison West, located in the highly prospective Erongo uranium province. The drill falls in line with its earlier announcement,…
10,273 Job Seekers Placed Out of 200,000 Hopefuls
By: Staff Writer Out of the 200,000 job seekers registered on the Namibia Integrated Employment Information System (NIEIS) since its inception in 2011, only 10,273 have been placed in jobs nationwide. This information was revealed by the Ministry of…