Observer – Page 230 – Windhoek Observer

11 Aug

Anticipated surge in gold production

ObserverObserver MoneyAnticipated surge in gold production

Chamwe Kaira Namibia is poised to experience a surge in gold production, driven by the recent revelation from Osino Resources, a Canadian company engaged in gold exploration and development. The company is actively advancing the Twin Hills Gold Project situated in central Namibia. Osino Resources has made a significant discovery of gold mineralization at the Eureka greenfields exploration project, suggesting a promising future for gold extraction in the region. Dave Underwood, Osino’s Vice President for Exploration, remarked, “The Eureka license was initially identified in 2019, and there remain multiple additional targets awaiting exploration. Our outlook for Eureka is highly optimistic,…

11 Aug

Namdia chairman to ‘reflect’ after FIC appointment

ObserverObserver Money

Chamwe Kaira Bryan Eiseb, the Chairman of Namib Desert Diamonds (NAMDIA), Namibia’s state-owned diamond company, has expressed his need for contemplation regarding his board memberships on Namdia, the Namibia Institute of Pathology (NIP), and Petrofund. This comes after his recent appointment as the Director of the Financial Intelligence Center (FIC), set to commence on January 1, 2024. When asked by Observer Money about the potential impact of his FIC role on his positions in state companies, Eiseb responded, “I will need to carefully consider all these matters. My decisions will always be made with a conscious understanding of what’s best…

11 Aug

Rosalia Martins-Hausiku resigns from Letshego

ObserverObserver MoneyRosalia Martins-Hausiku resigns from Letshego

Staff Writer Letshego Namibia, the financial services group, has announced the resignation of Rosalia Martins-Hausiku from her position as an independent non-executive director. The decision, driven by personal reasons, was communicated to the company’s board on August 1, 2023, and will take effect on July 31, 2023. This departure extends to the company’s subsidiaries as well. Since joining the board on May 18, 2017, Martins-Hausiku has played a valuable role within the Letshego group. The company expressed gratitude for her significant contributions during her tenure as an independent non-executive director. In a statement on the Namibian Stock Exchange, Letshego conveyed…

11 Aug

Uranium One to respect the law

ObserverObserver MoneyRussian firm Rosatom has committed Uranium One Group, Uranium One to respect the law

Chamwe Kaira Uranium One, which is the subsidiary of Russian firm Rosatom has committed Uranium One Group has committed to respect the country’s mining and environmental the laws and regulations as it explores for uranium. Uranium One Group is exploring for uranium in the Leonardville area. The company’s spokesperson Riaan van Rooyen the company will respect all regulations. “Uranium One has always, and will always, respect the laws, rules and regulations of Namibia and it will not change,” said Van Rooyen. Talking about opposition to the project by some farmers, environmentalists and politicians, Van Rooyen said the project does not…

11 Aug

Meaningful land acquisition, redistribution shall it ever transpire?

ObserverOpinionsMeaningful land acquisition, redistribution shall it ever transpire?

Kae Matundu-Tjiparuro A draft progress report on the implementation of the 2018 Second National Land Conference resolutions is in circulation as has been leaked by the media recently. A good five years after the 2018 conference, the government seems only to awaken now, in the eyes of a cursory observation of an outsider, to the pretension fo wanting to eventually implement the said resolutions. How real such a reawakening is, only time will tell. But it would not be preposterous to think that the reawakening is only now on the eve of the country’s Presidential and National Assembly Elections next…

11 Aug

Just Saying with Matts Haikali

ObserverSportsFutsal Namibia, Just Saying with Matts Haikali, Matts Haikali

Staff Writer Futsal Namibia was set up in 2020, and has been offering men and women, boys and girls, with an opportunity to play the game in an indoor setting, at the Windhoek Show ground hall in Windhoek. Futsal is played in both professional and amateur leagues but also in schools and most of futsal academies as a strategy to improve players’ development (Barbero-Alvarez et al., 2008). There has been an increase in popularity which can be confirmed by the rising number of male and female participants, and with it recent admission into the football family in Namibia by the…

11 Aug

Volleyball: Hilly Dux Profile 2023

ObserverSportsVolleyball: Hilly Dux Profile 2023

Name: Hillary Dux Imbuwa Position: President Sports Code: Namibia Volleyball Federation Place of birth: Ngoma area, Zambezi region Date of Birth: March 24, 1977 Who is Dux, and how did you get involved in sport and especially administration? I would say, my sports administration career was a special calling which started way back in high school, where I was chosen by my high school volleyball coach (Mr. Lucious Chaata) by then to captain our Kizito College male volleyball team and play a role of coaching for the under 13 girls’ team. I then continued to play and lead during my…

11 Aug

Telecom experiencing poor connectivity amidst fiber optic break

ObserverObserver MoneyKunene Grapes and Citrus Et Al (Proprietary) Limited, Telecom experiencing poor connectivity amidst fiber optic break

Chamwe Kaira Kunene Grapes and Citrus Et Al (Proprietary) Limited is planning to grow fruits such as grapes, citrus and avocado at a plantation in the northern western part of Namibia. The fruits are planned to be grown on 670 hectares of land in Otjomaungu village in the Epupa Constituency that the company has applied for. According to information obtained by Observer Money, the agricultural activities will be conducted concurrently across the applied plot and is expected to be conducted throughout the two plot areas. The company is now planning to conduct an environmental management assessment under the Environmental Management…

11 Aug

Communication companies only share passive infrastructure… but disputes arise from resistance to sharing active infrastructure

ObserverObserver MoneyCommunication companies only share passive infrastructure… but disputes arise from resistance to sharing active infrastructure, Mobile Virtual Network Operators., t dominant Licensees

Chamwe Kaira The Communications Regulatory Authority of Namibia (CRAN) has reported that dominant Licensees have shown a positive reception towards the sharing of passive infrastructure, and no conflicts have arisen in relation to this practice. CRAN introduced regulations regarding infrastructure sharing in October 2016, aiming to establish a framework that promotes fair and non-exclusive sharing of both passive and active telecommunications infrastructure by dominant licensees. CRAN emphasized the significance of active infrastructure sharing in facilitating open-access collaboration, leading to cost reductions that ultimately benefit consumers. This collaboration involves licensees utilizing the radio network of other operators, such as national roaming…

11 Aug

100MW solar plant for //Karas region

ObserverObserver Money100MW solar plant for //Karas region, Witputz Energy (Pty) Limited

Chamwe Kaira Witputz Energy (Pty) Limited, a local company is seeking to become an active renewable energy provider in Namibia and is planning to set up a 100MW solar plant in the //Karas region. The company has already applied for about 150 hectares of land just west of Witputz village in the //Kharas Region, according to documents made available to Observer Money. Witputz Energy says it is planning to become a major player in the renewable energy sector in the south western part of Namibia. The solar power plant construction activities will be conducted concurrently across the proposed area. The…