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Competition is set to heat up in Namibia’s renewable energy market, with the entry of Puma Energy’s Future Energies.
Standard Bank, Africa’s largest lender by assets, has named former JSE chair Nonkululeko Nyembezi as the head of its board from the beginning of June.
It costs TransNamib over N$1 million to clear a major derailment, the rail operator CEO Johny Smith revealed in an exclusive interview with The Brief.
The Namibian Ports Authority (Namport) has appointed Maritime Business and Transport Solutions (MTBS) as transactional advisors in the envisaged concessioning of the New Container Terminal (NCT) at the Port of Walvis Bay.
Paladin Energy says it has raised the targeted N$169 million from a share purchase plan (SPP), with proceeds to be used to restart operations at the Langer Heinrich uranium mine.
The Bank of Namibia (BoN) says it is currently exploring alternative means of facilitating payments to Russia after some of the Russian banks were expelled from the SWIFT payment platform as part of global sanctions for the on-going Ukraine conflict.
Namibia Investment Promotion and Development Board (NIPDB) says it currently has N$ 94.72 billion active prospective investments being facilitated, with a potential of creating 122 000 jobs.
FirstRand Namibia has appointed Taimi Shejavali as the new CEO and Portfolio Manager for Ashburton Namibia.