South Africa’s $26.3 million new mining fund sets stage for exploration boom

South Africa’s $26.3 million new mining fund sets stage for exploration boom

By Bonface Orucho, via bird story agency South Africa is charting a new course for its mining industry, betting on local and junior miners to identify and unlock greenfield mines as the country pursues higher sector prosperity. The country has introduced a new US$26.3 million (R500 million) mining exploration fund for local and junior miners, aiming to tap into the rising global demand for minerals. South Africa’s […]

February 8, 2024 21

Africa

Zambia hits a copper jackpot from an AI-powered exploration

By Bonface Orucho, via bird story agency Zambia’s mineral portfolio has received a major boost with the discovery of the largest copper deposits ever recorded in the country. Through an official statement on the social media site X, on February 5, 2023, KoBold, an American startup backed by Bill Gates and Jeff Bezos, announced the discovery of vast copper deposits at their Mingomba mine in northern Zambia. “Mingomba […]

February 8, 2024 6

Business / Economics

Frustrated by tedious and unproductive meetings? These 2 proven strategies can help teams work smarter

By Katharina Naswall, University of Canterbury and Sanna Malinen, University of Canterbury Most workers will be familiar with this scene: a meeting that goes round and round on a topic – one that may not be important to the priorities of the company. People leave the meeting frustrated and unheard. And the whole experience is repeated the next time everyone meets. But does this have to be […]

February 8, 2024 15

Business / Economics

Boeing investigation finds missing bolts missing in faulty aircraft

Four bolts appeared to be missing from a door plug that blew off an Alaska Airlines plane mid-flight last month, according to a preliminary investigation. The incident has increased scrutiny on the aircraft's manufacturer Boeing, which delivered the plane to the airline last year. Ira Spitzer reports.

February 7, 2024 27

Business / Economics

Fashioning a circular future for traditional and alternative leather

By Sean Mowbray via MongaBay Crafting leather from animal hides is an age-old industry, but its production today continues to mostly follow a linear model often mired in a range of environmental problems, including pollution, the creation of huge amounts of waste, high water use, and climate change-causing emissions. Applying cleaner and circular economy-based solutions to the leather industry is needed to change this paradigm and make the supply chain […]

February 7, 2024 16

Business / Economics

The Alexforbes Lead Story – 6 February 2024

Stefan Terblanche, the CEO of the FP du Toit Transport Group, is clearly passionate about the country. In this interview David speaks to him about challenges and opportunities that lie ahead for the freight and logistics sector in 2024. https://iono.fm/e/1403679

February 7, 2024 14

Business / Economics

Tourism Focus – 6 February 2024

CEO of the Hospitality Association of Namibia, Gitta Paetzold gives us a quick look back at the tourism sector's performance in 2023 and what her outlook for the rest of this year is. https://iono.fm/e/1403681

February 7, 2024 9

Business / Economics

Market Watch – 6 February 2024

With the National Budget scheduled to be tabled later this month, Michelle spoke to independent economist Gabriel Erastus about government's budgets and their performance against the targets they set themselves. https://iono.fm/e/1403680

February 7, 2024 31

Business / Economics

07 February 2024 Morning Biz News: Current Economic Landscape: Key Updates

07 February 2024 Economics Update- Namibian President's Cautious Optimism Amid Challenges: President Nangolo Mbumba, in the opening of the 9th session of the 7th Parliament, shares cautious optimism about Namibia's economic trajectory. While highlighting achievements in socio-economic development, he acknowledges significant challenges. President Mbumba urges Members of Parliament to focus on enacting laws that will support and bolster economic growth. De Beers and Okavango Diamond Company Appeal on Russian […]

February 7, 2024 3