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B2gold Namibia paid 61% of its N$4.1 billion pre-tax profit to the government in 2024 as the Otjikoto gold mine approaches closure. The company achieved record revenue of N$8.8 billion from its Otjikoto mine last year, and paid N$2.5 billion…
Matthew Dlamini
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The Namibian Agronomic Board (NAB) will hold this year’s National Agronomy and Horticulture Awards (Naha) at Katima Mulilo in the Zambezi region in September. This was confirmed by NAB spokesperson Liseli Mwilima, who says to kick-start preparations, the board is…
Matthew Dlamini
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The Namibian Competition Commission (NaCC) has extended its directive on a disputed tourism deal in the Kunene region amid tensions between conservation, tourism and mining interests. The commission has granted a 90-day extension on its directive for tour operator Ultimate…
Matthew Dlamini
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The Otjikoto gold mine in Otjozondjupa plans to retrench 300 workers from the current 700 by the end of the year, as open pit production falls as the mine prepares to cease operations. One hundred and seventy-nine positions were already…
Matthew Dlamini
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Local communities in the vicinity of Osino Gold Exploration and Mining’s Twin Hills gold project have been advised to acquire basic skills that would make them marketable when the mine opens in two years. Osino operational readiness manager Ralf Schommarz…
Matthew Dlamini
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Bank Windhoek last week hosted 20 established and aspiring small and medium entrepreneurs (SMEs) from diverse sectors for an information session in which they discussed challenges they face. The event was held in partnership with the City of Windhoek at…
Matthew Dlamini
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Household borrowing stayed stuck at N$68.4 billion in February for the fifth month in a row because of deeper problems in Namibia’s economy. Corporate credit growth slightly decelerated to 5.9% year on year (y/y) in February (from 6.1% in January…
Matthew Dlamini
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Namibian farmers’ unions received last week’s ruling on the veterinary cordon fence with mixed feelings. In a statement issued by its president, Thinus Pretorius, the Namibia Agricultural Union (NAU) says this was an opportunity to move towards inclusive agricultural growth…
Matthew Dlamini
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First National Bank (FNB) Namibia has introduced a new banking product that focuses on financial solutions for women in business, HER Banking. According to a statement from the financial institution, the launch of the product marks a significant milestone in…
Matthew Dlamini
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The Dâures Green Hydrogen Village will receive funding and support from the United Nations Industrial Development Organisation (Unido) to produce ammonium sulphate fertiliser. Unido announced in a statement last week that the hydrogen village will be one of its first…
Matthew Dlamini
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The Central Procurement Board of Namibia (CPBN) sometimes sets the bar too high, ensuring that local business people are not awarded tenders. This is according to Namibia Local Business Association (Naloba) spokesperson Marius Nangolo in reaction to claims by CPBN…
Matthew Dlamini
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The farming sector received a boost on Tuesday when Agribank and the Namibia University of Science and Technology (Nust) signed an agreement to collaborate in knowledge exchange, research, skills development and resource sharing. According to a statement issued by the…
Matthew Dlamini
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