On 30 September this year, the Determination on the Conduct of Electronic Fund Transfers within the National Payment System, also known as PSD-9, will become effective. In addition, the directive on the speed and user fees and charges of the Common Monetary Area (CMA) transactions, also known as PSDIR-9 will become effective. In a statement...
Author: Staff Reporter (Staff Reporter )
Namibia to face Zimbabwe, UAE in tri-series
The T20 International Capricorn Eagles Tri-Series is set to take place from 6-14 September at the Wanderers Cricket Ground in Windhoek. This exciting tri-series will feature the Namibia national women’s cricket team, the Capricorn Eagles, competing against Zimbabwe and the United Arab Emirates (UAE) in a round-robin format. The team that tops the table at...
Nedbank Citi Dash scheduled for Sunday
The fourth edition of the Nedbank Citi Dash will take place on Sunday at Zoo Park along Independence Avenue in Windhoek. The dash has fast become a beloved running event, which fosters a spirit of community and fitness among participants of all ages and abilities. From seasoned athletes to first-time runners, everyone is welcome to...
FlySafair launches new route
Commencing on 22 September, FlySafair will operate a twice-weekly service connecting Cape Town International Airport (CPT) to Hosea Kutako International Airport (WDH) in Windhoek. Air Connect Namibia welcomed the introduction of the route, which will increase regional integration, making it easier for both tourists and business travellers to explore and experience the diverse cultures and...
Mining key in advancing green industrialisation
The “Localising Green Industries in Namibia” study, conducted by Systemiq from December 2023 to May this year, was officially launched on Tuesday at a side-event during the ongoing Global African Hydrogen Summit. The session aimed to present and discuss the study’s findings and recommendations with key stakeholders from the government and private sector. Furthermore, to...
Farmer Loses Livestock to Leopard in Omaheke Region
A farmer from the Omaheke region’s Eiseb Block has lost 13 sheep after they were killed by a leopard recently. The affected farmer, Tjinavandu Kauapirura, confirmed that the wild animal also killed a calf, two foals, and one goat on separate days and is still roaming around Otjondjoroka village. Video: Contributed
Nedbank for Good coastal leg a success
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...
Report validates Meya Mine investment – Trustco
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...
EU commissioners in the region to deepen energy relations
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...
Dutch firm partners with locals for diamond mining
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...