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Oryx improves operational metrics
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Oryx improves operational metrics

Oryx Properties has announced notable improvements in its operational metrics for the year ended 30 June 2023. This includes rental reversions increasing to 3.7% (2022: -7.3%) and debtors’ collections improving to 101% (2022: 96%). 

Trans-kalahari railway construction set for 2025
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Trans-kalahari railway construction set for 2025

The construction of the 1 500km Trans-Kalahari railway line is scheduled to commence in January 2025. This is according to transport officials from Namibia and Botswana, who met last week for a special joint ministerial committee (JMC) meeting on the project. 

Benguela Gem pushes up Namdeb production
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Benguela Gem pushes up Namdeb production

Debmarine Namibia, the company operating one of world’s largest state-of-the-art diamond recovery vessels the Benguela Gem, is recording a massive upsurge in diamond production, which in turn is leading to higher revenue- generation.