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Trigon Metals completes sale of Kombat Mine to Horizon’s Kamino Minerals

Trigon Metals Inc. has officially sold its entire interest in the Kombat Mine in Namibia to Horizon Corporation Limited’s affiliate, Kamino Minerals Limited, in a US$24 million all-cash transaction. At a shareholders’ meeting held on 4 July, over 99 percent of the votes cast approved the deal, alongside the election of Trigon’s board and approval of auditors and its stock option plan. The Deal Deal Highlights Payment structure: US$24 million paid in eight […]

todayJuly 8, 2025 10

News

Walvis Bay Mayor Trevino Forbes re-elected to Sub‑Saharan Mayors Forum

  Walvis Bay Mayor Trevino Forbes of Walvis Bay has been re‑elected to represent the city and fellow signatories on the Covenant of Mayors in Sub‑Saharan Africa Regional Mayors Forum (CoM SSA). Forbes, who has led the port town since November 2020 and secured a second term in November 2024, will continue to influence regional sustainable development strategies across sub‑Saharan Africa. As a CoM SSA Forum member, Forbes joins other […]

todayJuly 8, 2025 11

News

India’s Modi makes historic visit to Namibia to strengthen trade, tech, and diplomatic ties

  Indian Prime Minister Narendra Modi will arrive in Namibia for a landmark state visit on Wednesday to deepen bilateral relations, with a strong focus on trade, digital innovation, and strategic cooperation in critical minerals. This marks the first visit by an Indian head of government to Namibia in nearly three decades and comes as both countries seek to bolster ties in sectors such as energy, diamond trade, fintech, and […]

todayJuly 8, 2025 8

News

Ongwediva Trade Fair raises N$1.6 Million at gala fundraiser

  The 2025 Ongwediva Annual Trade Fair (OATF) kicked off its preparations with a resounding success at last Saturday’s fundraising gala held at the Trade Fair Centre. According to Future Media’s Maria Namupala, the event raised over N$1.6 million, exceeding last year’s N$1.3 million haul. Headline sponsor Mobile Telecommunications Ltd (MTC) pledged N$350,000, reaffirming its support as a growth driver for entrepreneurship and SME market access. Standard Bank Namibia, Namibian […]

todayJuly 8, 2025 6

News

Former Namcor MD Immanuel Mulunga arrested in ongoing ACC corruption investigation

  Windhoek, 8 July 2025 – The Anti‑Corruption Commission (ACC) has arrested former National Petroleum Corporation of Namibia (Namcor) Managing Director Immanuel Mulunga at his Klein Windhoek residence, part of a broader corruption investigation involving senior officials, ACC Director-General Paulus Noa confirmed today. Mulunga, alongside three other former Namcor executives and an additional private individual, is being investigated for alleged misuse of public funds and governance breaches during his tenure. Noa […]

todayJuly 8, 2025 62

News

Windhoek & NORED tariff hikes approved but suspended pending ECB compliance

The Electricity Control Board (ECB) has approved electricity tariff increases for the City of Windhoek and Northern Regional Electricity Distributor (NORED) for the 2025/26 financial year—3.9% for Windhoek and 4% for NORED—but their implementation has been suspended until both entities meet regulatory conditions, ECB CEO Robert Kahimise announced. What’s holding things up? The Windhoek municipality must submit audited financial statements for 2023/24, a detailed report on ring-fencing its Electricity Business […]

todayJuly 8, 2025 8

News

Trade surplus signals turnaround for local economy

Port of Walvis Bay   The trade sector swung dramatically into positive territory in May, posting a surplus of N$121 million, the first surplus in nearly five years and a strong reversal from April’s N$1.8 billion deficit. Simonis Storm Economist Almandro Jansen attributes this turnaround to a sharp rebound in mining exports coupled with subdued fuel imports, a combo he says indicates increasing stability in the country’s external trade.  play_arrow […]

todayJuly 8, 2025 5

News

Tour operators criticise poor national park maintenance as tourism image suffers

Dune 7 Photo: Trip Advisor Swakopmund – Tour operators have raised serious concerns over the deteriorating state of public facilities at national parks, warning that poor maintenance is damaging the country’s international tourism reputation. Their criticism came during a stakeholder meeting held in Swakopmund, where industry professionals voiced frustration at broken and unhygienic amenities at popular destinations like Etosha National Park and Dune 7. The Namibia Press Agency reports that […]

todayJuly 8, 2025 9

News

Interview: NANSO at 41: Redefining Radicalism for a New Generation

  KAVANGO EAST — Dorthea Nangolo, President of the National Students Organisation (NANSO), says this year’s 41st anniversary celebrations offered a critical moment for the student movement to reflect on its identity and mission four decades after its founding. Speaking at the weekend event in Kavango East, Nangolo explained that the theme, ‘Redefining Radicalism and Consciousness in Student Leadership’, was chosen to question whether radicalism today should look the same […]

todayJuly 8, 2025 5

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