mining sector

25 Results / Page 2 of 3

Namibia

MUN to Negotiate Kombat Mine Retrenchments

The Mineworkers Union and Kombat Mine will enter negotiations on the conditions surrounding the retrenchment of 533 workers. One Africa TV’s NewsOnOne journalist, Hertha Ekandjo, reports that this comes after the mine initially intended to carry out the retrenchments without consulting the union. Amupweya told our reporter Hertha Ekandjo from NewsOnOne that such conditions are important for a fair process, and would not have been possible had persisted with its […]

today14 February, 2025

Dr. Sam Nujoma

Supervisor Praises Nujoma’s Dedication in Geology Master’s Thesis

One of the supervisors of Founding President Samuel Daniel Shafiishuna Nujoma’s Geology master’s thesis described him as a dedicated student. In an interview with Selma Taapopi from One Africa’s NewsOnOne, Dr. Gabi Schneider says she co-supervised Nujoma's thesis, titled Copper: Its Geology and Economic Impact on Development in Namibia, Zambia, and DRC. His other two supervisors were Dr. Benjamin Mapani and Professor Fred Kamona. Schneider shared this on Nujoma as […]

today14 February, 2025

Business / Economics

Women in Mining Admit To Facing Ongoing Challenges

Women in mining continue to grapple with significant challenges, such as limited access to funding, leadership opportunities, and resources, according to Zenzi /Awases, The President of WOmen In Mining Namibia. Speaking to NewsOnOne during the ongoing Mining Indaba in South Africa, /Awases highlighted these issues, which persist amid the four-day event focused on "Future-Proofing African Mining."  

today6 February, 2025

Africa

Zimbabwe Seeks Bids for Energy Storage to Tackle Power Shortages

  The Zimbabwe Electricity Transmission & Distribution Company has invited bids to install energy-storage systems to combat the nation’s chronic power shortages. The project will establish battery storage at four locations, each delivering 600 megawatts for three hours during peak demand. Severe drought conditions have reduced hydropower output, forcing miners to rely on imported electricity from Mozambique.

today7 January, 2025

Business / Economics

Economic Growth Slows As Inflation Declines According To BoN

Josefina Oskar from the Bank of Namibia reported that the economy grew by 2.8% in Q3 of this year, slower than the 3.1% in the same period last year. The decline was mainly due to weaker agriculture and mining sectors, while manufacturing and construction saw growth. Inflation eased to 4.1%, with the headline rate dropping to 3.0% in October and November.  

today18 December, 2024

South Africa

FNB S.A Economist Predicts Moderate Growth for Mining Sector

FNB South Africa economist Thanda Sithole says growth in the mining sector in the near term is expected to remain moderate, due to a subdued external demand environment. Mining production rose 1.4-percent year on year in October, after an upwardly revised 4.9-percent jump in September, marking the third consecutive month of growth in mining activity. Sithole says the modest increase in mining production was broad-based, with growth recorded in seven […]

today11 December, 2024

Local

The Namibian economy is expected to grow by 3.1 percent in 2024

  The Bank of Namibia released the Economic Outlook for August 2024 with the domestic economy estimated to expand by 3.1 percent in 2024 and by 3.9 percent in 2025. Global and Regional Outlook Global economic growth is projected to remain low in 2024 before improving slightly in 2025. Global growth is projected to slow down to 3.2 percent in 2024, from 3.3 percent in 2023, before rising moderately to […]

today8 August, 2024