The Nedbank for Good Series has completed its coastal events in the towns of HentiesBay, Swakopmund and Walvis Bay over the past three consecutive weekends. The events took place at the Henties Bay Golf and Lifestyle Estate on 17 August, the Rössmund Golf Course in Swakopmund on 24 August, and the Walvis Bay Golf Club...
Trustco Group Holdings Limited on Monday announced the results of a technical report for the Meya Diamond Mine Project in Sierra Leone. Trustco stated the technical report, dated 26 August 2024 with an effective date of 19 August 2024, was prepared at a preliminary economic assessment (PEA) level. “The PEA indicates favourable economic potential with...
European Union (EU) commissioner for energy Kadri Simson is in Namibia this week, and will travel to South Africa next Monday to enhance the EU’s energy relations with these countries. The visit to Namibia follows the endorsement of a roadmap for the EU-Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen by...
Kenzoll Capital, an Amsterdam-based private equity firm, has acquired the offshore mining vessel Adamastor. This acquisition marks a significant expansion into Namibia, with a focus on diamond mining in Hottentots Bay. According to a media statement, this venture is in partnership with LK Mining, which is a joint venture comprising Paragon Investment Holdings, through its...
The University of Namibia (UNAM) and Namibia University of Science and Technology (NUST) Alumni Association, in collaboration with Fortescue Namibia, recently hosted a panel discussion titled “Green Hydrogen Facts and Reality: Market Trends and Opportunities”. The panel brought together experts in the green hydrogen sector, leaders and the universities’ alumni. The panel discussion at the...
ICT minister Emma Theofelus has said that with the rolling out of 5G, and a three millionmark in a country that is less densely populated, the aim is to bring various services closer to the people. In March, Namibia, with Huawei, conducted its first 5G trial. As 5G and 5G-Advanced work their way into the...
Conrad Marais and Benita Windisch emerged victorious in the last Nedbank Windhoek Pedal Power (WPP6) Series on Sunday at Tony Rust Racing Track on the outskirts of Windhoek. In the men’s competition, Marais clocked 00:21:45 to win the first-ever WPP criterion race (crit race), ahead of Frank Klosta, who clocked 00:22:21 in second place, and...
The Ovinjange Community Project recently received a significant donation of N$88 713 from August 26 Logistics. The army company’s “Chains of Kindness” corporate social responsibility (CSR) programme selected the Ovinjange project to positively impact the community in the Kunene region. This initiative and the donation seek to solve issues such as water scarcity, while promoting...
The inaugural Global African Hydrogen Summit, which commences in the capital today, is expected to serve as a critical platform that will focus on the role Africaexpects to play in the rapidly-emerging global hydrogen sector. Ministerial delegations and trade missions from Algeria, Angola, Belgium, Burundi, Congo, Egypt, EU, Germany, Kenya, Nigeria, South Africa, Tanzania and Uganda...
The Frank Fredericks Foundation awarded scholarships worth N$85 000 to eight track and field local athletes who excelled at the Namibia Schools Sports Union National Athletics Competitions in May. The scholarships were given to motivate aspiring athletes to work towards qualifying for the World Junior Championships 2026. Schuster Julien-Ann (Hardap region), receivedN$20 000 for being...