Oranjemund gears for self-governance
Oranjemund gears for self-governance

Oranjemund gears for self-governance

Namdeb and the Oranjemund Town Council (OTC) are in the process of executing a workable town transformation plan to pave the way for the handover of the new southern town by the diamond miner in early 2017. In an update to developments at the town this week, Namdeb management vowed that the company would assist the OTC in creating an investor-friendly environment, something it plans to achieve through a Special Purpose Vehicle (SPV) that would drive large-scale projects in such areas as town development, accommodation, tourism, desert agriculture and manufacturing. “We are receiving the necessary support from all stakeholders to fast-track the transformation process in a responsible and sustainable manner,” Namdeb’s head of town transformation and sustainability, Tony Bessinger, said this week. “The community is excited and is looking forward to the exciting developments and private property ownership in Oranjemund,” he said. Namdeb will continue to maintain the town’s infrastructure, to provide municipal services and assistance during the transition period, with assistance from the town council. “I commend the Oranjemund Town Council for their commitment to the town transformation process as I believe that through exploring diverse opportunities, Oranjemund can exist beyond diamond mining,” Namdeb GM Riaan Burger said. The company said a task team is studying the practicalities regarding access to the previously restricted diamond area, and the legal frameworks currently in place in various ministries, to ensure a smooth transition. Oranjemund is situated in a protected diamond mining area (Sperrgebiet) in terms of Namibia’s Diamond Act. STAFF REPORTER

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Namibian Sun 2024-05-02

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LaLiga: Barcelona 4 vs 2 Valencia SerieA: Genoa 3 vs 0 Cagliari European Championships Qualifying: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City English Championship: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City Katima Mulilo: 12° | 33° Rundu: 12° | 31° Eenhana: 14° | 33° Oshakati: 16° | 32° Ruacana: 15° | 32° Tsumeb: 15° | 31° Otjiwarongo: 14° | 29° Omaruru: 15° | 32° Windhoek: 13° | 27° Gobabis: 15° | 28° Henties Bay: 16° | 21° Wind speed: 40km/h, Wind direction: E, Low tide: 04:26, High tide: 10:41, Low Tide: 16:45, High tide: 23:19 Swakopmund: 16° | 18° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:39, Low Tide: 16:43, High tide: 23:17 Walvis Bay: 17° | 25° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:38, Low Tide: 16:43, High tide: 23:16 Rehoboth: 15° | 29° Mariental: 18° | 31° Keetmanshoop: 20° | 32° Aranos: 18° | 30° Lüderitz: 14° | 25° Ariamsvlei: 20° | 34° Oranjemund: 14° | 22° Luanda: 25° | 28° Gaborone: 16° | 29° Lubumbashi: 11° | 26° Mbabane: 14° | 25° Maseru: 10° | 26° Antananarivo: 15° | 25° Lilongwe: 14° | 28° Maputo: 18° | 28° Windhoek: 13° | 27° Cape Town: 16° | 24° Durban: 18° | 26° Johannesburg: 17° | 26° Dar es Salaam: 26° | 30° Lusaka: 15° | 27° Harare: 13° | 27° Currency: GBP to NAD 23.17 | EUR to NAD 19.86 | CNY to NAD 2.59 | USD to NAD 18.54 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.9 | USD to KES 134.48 | USD to NGN 1389.52 | USD to ZAR 18.53 | USD to ZMW 26.87 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76076.19 Down -0.5% | Namibian Stock Exchange (NSX) Overall Index 1690.93 Down -0.96% | Casablanca Stock Exchange (CSE) MASI 13319.36 Down -0.41% | Egyptian Exchange (EGX) 30 Index 24448.73 Down -6.01% | Botswana Stock Exchange (BSE) DCI 9146.09 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 302.72/OZ UP +0.49% | Copper US$ 4.45/lb DOWN -0.0121 | Zinc US$ 2 916.40/T UP 0.16% | Brent Crude Oil US$ 84.32/BBP DOWN -0.0273 | Platinum US$ 954.74/OZ UP +2.14%