Business

Skorpion’s production steady in 2017

3 days ago - 24 May 2018 | Business

Jo-Maré Duddy – Vedanta Zinc International’s wholly-owned Skorpion Zinc mine near Rosh Pinah in Namibia produced 84 000 tonnes of refined metal in its financial year ended March 2018, one percent less than the previous...

Company news

3 days ago - 24 May 2018 | Business

Woolworths Australian boss John Dixon shown the door Woolworths regional Australian CEO John Dixon has left the group as the retailer moves to simplify its Australian regional leadership structure.In a shareholder announcement on Tuesday morning...

AB InBev pumps up the volume in Africa

4 days ago - 23 May 2018 | Business

Tiisetso Motsoeneng, Philip Blenkinsop and Martinne Geller – Sitting outside the ramshackle Vimba Tavern in Johannesburg's Alexandra township, Patrick Mashego swigs from a one-litre bottle of Carling Black Label, South Africa's most popular beer.Rolled out...

Company news

4 days ago - 23 May 2018 | Business

Barloworld reports solid first-half earningsSouth Africa’s Barloworld Ltd, a dealer for Caterpillar Inc and other industrial brands, reported a 14% rise in first-half earnings on Monday as a pick-up in mining activity spurred sales of...

Dundee supports Govt inclusivity efforts

5 days ago - 22 May 2018 | Business

Dundee Precious Metals Inc last week announced that it has entered into an agreement to transfer an 8% ownership interest in Dundee Precious Metals Tsumeb (Pty) Ltd. (or the Tsumeb Smelter) to Greyhorse Mining Ltd....

Getting dirty…..

5 days ago - 22 May 2018 | Business

In light of the upcoming nationwide clean-up campaign next week, FNB employees are playing their part countrywide. Elzita Beukes, communications manager at the bank said...

Company news

5 days ago - 22 May 2018 | Business

Murray & Roberts agrees to buy AvengSouth African-based Murray & Roberts has agreed to buy construction firm Aveng Limited, although its biggest shareholder ATON said...

Company news

6 days ago - 21 May 2018 | Business

United Airlines' chief financial officer resignsUnited Airlines’ chief financial officer Andrew Levy is stepping down, the carrier said on Thursday, in a major management shakeup...

Company news

1 week ago - 18 May 2018 | Business

Cisco's tepid forecast clouds quarterly beat, shares fallNetwork gear maker Cisco Systems Inc reported third-quarter profit and revenue that topped analysts’ estimates on Wednesday, but...

Miner shares renewed phosphate optimism

1 week ago - 18 May 2018 | Business

Namibian Marine Phosphate (NMP) is optimistic a recent High Court ruling, setting aside a decision to revoke the environmental clearance certificate for its proposed Sandpiper...

“Business as usual at Etosha Fishing

1 week ago - 17 May 2018 | Business

Etosha Fishing is in the final stages of securing contracts to can pilchards for the Glenryck and Lucky Star for 2019.“Our cannery has been fully...

Company news

1 week ago - 17 May 2018 | Business

Starbucks aims to triple China revenueStarbucks Corp is looking to more than triple its revenue and almost double its store count in China over the...

Business

Company news

1 week ago - 16 May 2018 | Business

J&J defends itself in trial over baby powder asbestos claimsA trial for a lawsuit alleging that Johnson & Johnson Baby Powder was responsible for the...

Medical aid funds: ‘Early warning’...

1 week ago - 15 May 2018 | Business

Jo-Maré Duddy – Only two out of the ten private medical aid funds in the country recorded “no significant problems” in the third quarter of...

Fishcor's ­processing ­facility ­nears completion

1 week ago - 15 May 2018 | Business

WALVIS BAY – Construction of the N$530 million horse mackerel processing facility of the National Fishing Corporation of Namibia (Fishcor) at Walvis Bay is going...

Marenica Energy acquires Mile 72...

1 week ago - 15 May 2018 | Business

The Australian company, Marenica Energy, has signed a binding agreement to purchase the Mile 72 Uranium Project located in the Erongo Region from Metals Australia...

Company news

1 week ago - 15 May 2018 | Business

Japan Airlines to set up low-cost carrierJapan Airlines Co Ltd is launching a low-cost carrier offering medium to long-haul flights, aiming to tap growing Asian...

401 vehicles offloaded at Walvis...

1 week ago - 14 May 2018 | Business

The Grand Orion Roro vessel, built in Japan, graced Namibia's shores last week and offloaded 401 units of which 228 were sedan cars, 4x4 ­­pick-ups...

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