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Namibia / Page 153
Prospect Resources hunt for Lithium Continues with Drills …waiting on sample testing
By:Staff writer Prospect Resources said their initial 2 000m RC drilling commenced at Omaruru Lithium Project in December. To date, the company has drilled 13 holes since October 2022 in pursuit of lithium and is waiting on sample results to test the ore content and quality. The company which is one of the key firms […]
Old Mutual Hands Over Fire-Fighting Equipment To Govt
By:Staff Writer The Old Mutual Foundation partnered with the ministry of environment, forestry, and tourism (MEFT) and Agra to sponsor five firefighting equipment to assist the regions where veld fires firefighting machines to help the regions where veld fires usually occur. Agra offered a discount of N$40 000 on the equipment which is valued at […]
Deep Yellow Sets N$6.4 billion Price Tag OnTumas
By:Staff writer Deep Yellow, the uranium exploration company, says that $372 million (N$6.4 billion) capital investment is required for its The Tumas uranium project in the Erongo region. The company recommenced with drilling in 2020. Deep Yellow based the DFS on treating 4.15-million tonnes a year of ore to produce up to 3.6-million pounds of […]
B2Gold Targets 30% Reduction In GHG Emissions By 2030 …announces expansion ofFekola Solar Plant
By:Staff Writer B2Gold says it has set a target to reduce its Scope 1 and 2 greenhouse gas (“GHG”) emissions by 30% by 2030 against a 2021 baseline, the company’s president and chief executive officer, Clive Johnson has announced on the company website. “As a company, B2Gold recognises that climate change is a critical global […]
Bank Of Namibia Contributes N$80Million To SME Loan Scheme
By:Leakey Kaxwadi The Bank of Namibia says it has repackaged the Covid-19 SME Loan Scheme to address the unique challenges SMEs face in the post Covid-19 period and the ongoing geo-political tense environment. The central bank’s governor Johannes !Gawaxab said this when speaking at the relaunch of SMEs Economic Recovery Loan Scheme in Windhoek yesterday. […]
Rundu Learners Start New School In 20 Tents
By: Annakleta Haikera The awaited project school at Rundu in the Kavango East region started on Monday morning, with stranded 730 learners who have been housed in 20 tents as classrooms. The project school learners from grade 8 to 10who could not be placed at local schools. The tents were donated by the office of […]
Osino Receives Environmental Clearance Certificate For Its Twin Hills Gold Project
By: Staff writer Osino Resources last Fridaya nnounced that the Namibian Ministry of Environment, Forestry and Tourism (MEFT) has issued an Environmental Clearance Certificate (“ECC”) for the Twin Hills Gold Project which is valid for three years and renewable on a three yearly cycle. Twin Hills’ most recent technical study, a pre-feasibility (“PFS”) study released […]
BMW Motorrad International GS Trophy 2024 Namibia Staff writer
By:Staff writer The venue of the BMW Motorrad International GS Trophy 2024 has been decided: this time the off-road adventure will take place in Namibia. Having been held on all continents around the globe, the International GS Trophy now returns in 2024 to where it all began in 2008 in Africa. Namibia’s fascinating attractions includes […]
Central Govt Borrowing Requirement Of N$82 Billion In Four Years …suggestion to limit govt power to approve foreign loans
By:Nghiinomenwa-vali Erastus In terms of the 2022/23 Fiscal Strategy of the ministry of finance, the country net borrowing requirement stands at around N$82 billion in four years. This means for the past four financial years, the government needed around N$82 billion to fill the budget deficit.Out of that, around N$19,4 billion was foreign funding. Thus, […]
Fraud Down By 80% Because Of Data Collection – MTC …nearly 1 million sim cards registered
By:Leakey Kaxwadi Mobile Telecommunications Company (MTC) says that it has reduced fraud through phones by 80% since it started collecting biometric data when registering SIM cards last year. The company came under fire from the Institute for Public Policy Research (IPPR), which questioned the legality of how MTC registers SIM cards, particularly the collection of […]