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Governor Links Rundu Urbanisation To School Infrastructure Shortage
By:Annakleta Haikera The rapid increase of urban migration has led to a population explosion in Rundu in the Kavango East over the years, the governor Bonifatius Wakudumo said last week. The town’s population has reached a total of 105785, which…
Twin Hills Definitive Feasibility Study Progressing – Osino
By Staff writer According to Osino Resources’ latest updates, the company is progressing with developing a definitive feasibility study (DFS) for its Twin Hills gold project near Karibib. Furthermore, the company is conducting trade-off studies and assessing risks and opportunities…
City Councilors Tell Utoni It Can Function Without Complete MC
By:Justicia Shipena Five councillors of the City of Windhoek council say they will assess the prospects of participating in electoral activities as this is not their priority mandate. The five councilors are Affirmative Repositioning (AR) councilors Job Amupanda and IIse…
Public Sector Workforce Stands At 107K – PSC …more male workers recommended for study leave
By :Justicia Shipena The number of public servants stands at approximately 71 305, according to the Public Service Commission’s (PSC) latest statistics. The statistics were contained in the annual report for the financial year 2021/22 unveiled by the PSC…
Tax Authority Amendments Aimed At Tackling Base Erosion And Transfer Pricing
Nghiinomenwa-vali Erastus In calculating how much tax a company pays, the tax authority has adopted new rules to limit companies’ interest payments to foreign-owned parents outside Namibia if their debt is three times more than their equity. This is according…
Trigon Extends Kombat Copper King, by acquiring EPL 8529
By:Staff writer Trigon Metals has entered into a definitive agreement to expand its land holding in Namibia, through the acquisition of exclusive prospecting licence 8529, the company announced on Monday. EPL 8529 is currently held by a Namibian company, Otjiwa…
Prospect Resources hunt for Lithium Continues with Drills …waiting on sample testing
By:Staff writer Prospect Resources said their initial 2 000m RC drilling commenced at Omaruru Lithium Project in December. To date, the company has drilled 13 holes since October 2022 in pursuit of lithium and is waiting on sample results to…
Old Mutual Hands Over Fire-Fighting Equipment To Govt
By:Staff Writer The Old Mutual Foundation partnered with the ministry of environment, forestry, and tourism (MEFT) and Agra to sponsor five firefighting equipment to assist the regions where veld fires firefighting machines to help the regions where veld fires usually…
Deep Yellow Sets N$6.4 billion Price Tag OnTumas
By:Staff writer Deep Yellow, the uranium exploration company, says that $372 million (N$6.4 billion) capital investment is required for its The Tumas uranium project in the Erongo region. The company recommenced with drilling in 2020. Deep Yellow based the DFS…
B2Gold Targets 30% Reduction In GHG Emissions By 2030 …announces expansion ofFekola Solar Plant
By:Staff Writer B2Gold says it has set a target to reduce its Scope 1 and 2 greenhouse gas (“GHG”) emissions by 30% by 2030 against a 2021 baseline, the company’s president and chief executive officer, Clive Johnson has announced on…