Page 17 – News Stand

01 Aug

Kali appointed to Bank Windhoek board

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Capricorn Group Limited, a Namibian financial services group listed on the Namibian Stock Exchange (NSX), has announced a keyboard appointment at its major subsidiary, Bank Windhoek Limited. The board has confirmed the appointment of Daniel Kali as an independent non-executive director, effective 25 July. This appointment follows the group’s established nomination policy and has received full regulatory approval. Kali’s addition to the board is expected to strengthen the company’s governance and oversight capabilities. The board has extended a warm welcome to Kali, expressing confidence in the value of his future contributions. Kali is a long-serving executive of the De Beers…

01 Aug

De Beers sale process making progress

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Chamwe Kaira Anglo American chief executive officer Duncan Wanblad says the formal process to sell De Beers is advancing, despite current challenging market conditions. Anglo is the majority shareholder in De Beers. The update is included in the company’s production report for the second quarter ended 30 June. De Beers operates in partnership with the Namibian government through Namdeb Land operations, Debmarine Namibia, and the Namibia Diamond Trading Company. Rough diamond production in the quarter declined by 36% to 4.1 million carats due to a planned response to lower demand. The group reported that trading conditions remained difficult in the…

01 Aug

Etango progressing towards production

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Chamwe Kaira Bannerman Energy reported strong progress at its Etango uranium project during the quarter ended 30 June 2025, with key developments across multiple work streams. The company is moving toward a positive final investment decision (FID), depending on market conditions. The Etango project is located in the Erongo region, 30 kilometres southeast of Swakopmund. It holds a uranium mineral resource of 207 million pounds of contained uranium oxide. Bannerman achieved one million lost-time injury-free man-hours in June. Early construction works remain on budget and on schedule. The construction power overhead infrastructure has been erected and connected to the grid.…

31 Jul

ReconAfrica prepares to spud Kavango West 1X well

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Chamwe Kaira Reconnaissance Energy Africa Ltd (ReconAfrica) has announced that it is preparing to spud its Kavango West 1X exploration well in Namibia before the end of July. The company also confirmed that board member Iman Hill will resign effective 31 July. In a corporate update, ReconAfrica said the drilling rig has been safely mobilised at the site. All required permits have been obtained from regulatory authorities. Final rig assembly and safety checks are currently in progress. The Kavango West 1X well is expected to reach a total depth of about 3,800 meters. It targets more than 1,500 meters of…

31 Jul

Langer Heinrich starts financial year with stockpiled ore

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Chamwe Kaira The Langer Heinrich Mine has announced its 2026 financial year guidance along with realised uranium price sensitivities based on the company’s uranium sales contract portfolio. Paladin Energy, which holds a 75% interest in the mine, said it will continue ramping up operations throughout the 2026 financial year. The mine is shifting from processing stockpiled ore to processing primary mined ore. Paladin expects the ramp-up to be completed by the end of the financial year, with full mining and processing operations planned for the 2027 financial year. The remaining portion of the mining fleet is scheduled to arrive in…

31 Jul

Elevate Uranium advances with pilot plant launch

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Chamwe Kaira Elevate Uranium managing director Murray Hill says the company’s U-pgrade Pilot Plant marks a pivotal step in its development. The plant is designed to confirm the U-pgrade beneficiation process on a continuous, scalable basis and will operate in Namibia. “Our team has worked diligently to ensure its readiness, and its operation in Namibia is central to validating the process at a continuous, scalable size. As we look to further optimise the development pathway in Namibia, the data and insights collected will be key to the technical studies that we aim to start during the period of pilot plant…

31 Jul

Stars replace Tanzanian club with Maniema Union

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Erasmus Shalihaxwe African Stars Football Club, reigning Namibia Premier League champions, will host a four-team pre-season tournament at Independence Stadium in Windhoek from 24 to 26 August 2025. The tournament will prepare the club for its participation in the Confederation of African Football (CAF) Champions League. On Thursday, African Stars announced that Young African Football Club from Tanzania had withdrawn from the tournament and will be replaced by AS Maniema Union from the Democratic Republic of Congo. “African Stars FC would like to inform our fans and stakeholders that Young Africans FC from Tanzania has withdrawn from the upcoming Pre-Season…

31 Jul

De Sousa wins gold for Namibia in Algeria

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Erasmus Shalihaxwe Namibian swimmer Victoria de Sousa won a gold medal for Namibia in the 100m freestyle at the African Schools Games in Algeria on Wednesday. Earlier in the week, she secured a bronze medal in the 50m freestyle and followed it up with a silver in the 400m individual medley, making her one of the top-performing athletes at the event. Namibia Aquatics Sports Federation president Riaan Steyn praised her success. “Beating Egypt and Algeria at the African School Games. What a performance from our rising star; let’s celebrate this golden moment for Team Namibia,” he said. Rodney Feris and…

31 Jul

Do Liberation Movements (LMs) pass their sell-by?

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Kae Matundu Tjiparuro Have the Southern African Liberation Movements (LMs) now passed their sell-by dates, run their course, served their purposes, and are no more relevant and/or of any consequence to their countries next phase? These are pertinent questions, as these movements, most of them years after the political independence of their countries, have now just been running on the crest of their so-called liberation exploits, their claim to having brought, through the nominal political independence of their respective countries, albeit not singularly and solely, it must be said. But at best, having been to a great degree instrumental thereto. …

31 Jul

The former liberation movements: The imperative of pan-African refoundation and amílcar cabral’s thoughts of the battle against our own weakness

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PAUL T. SHIPALE (with inputs by Folito Nghitongovali Diawara Gaspar) Abstract This article critically examines the contemporary relevance and challenges facing Southern Africa’s former liberation movements, specifically in the context of the LIBERATION MOVEMENTS SUMMIT 2025: The three-day indaba, which began last Friday and concluded on Sunday with the Summit of Heads of State and Leaders of Liberation Movements, ran under the theme “Defending the Liberation Gains, Advancing Integrated Socio-Economic Development, Strengthening Solidarity for a Better Africa.” The summit brought together six former liberation movements—the ANC of South Africa (host and outgoing chair), Zanu-PF (Zimbabwe), MPLA (Angola), SWAPO (Namibia), Frelimo…