Capricorn Group Limited released its 2024 Social Value Report, which highlights the institution’s ongoing commitment to empowering and supporting communities across Namibia and Botswana. This report precedes the release of the group’s integrated annual report and annual financial results for this year, which will be released on 12 September 2024. This year’s report showcased the...
Ready… The Ministry of Information and Communication Technology (MICT), in partnership with its sponsors, will host the eighth National Information and Communication Technology (ICT) summit under the theme: “Building Resilience to ‘Adopt or Die’ in the Era of Digital Transformation and Artificial Intelligence (AI)”. The summit will be held from 9-11 September 2024 at the...
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...
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...
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...
MINEs and Energy minister Tom Alweendo said the potential for green hydrogen to transform Africa’s energy landscape is increasingly recognised, with calls for collaboration rather than competition among nations. As Namibia positions itself as a key player in this emerging sector, he said the Africa Continental Free Trade Area (AfCFTA) is a crucial vehicle to...
Engaging the Chinese business community from various sectors, President Nangolo Mbumba today highlighted Namibia’s favourable investment climate, inviting them to do business in the country. Mbumba is in Beijing, China for the ninth Forum on China-Africa Cooperation, which starts today and ends on Friday.Photo: Namibian Presidency
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...