insert_link Namibia Minister orders review of Katima Mulilo land-for-vehicles deal Urban and Rural Development Minister James Sankwasa has directed the Katima Mulilo Town Council to immediately review a controversial land-for-vehicles exchange deal, calling the transaction "illegal" and accusing the council of causing financial harm to the state. During an official visit to Katima Mulilo, Sankwasa questioned the valuation process used in the deal, which involved exchanging land, reportedly worth nearly N$30 million—for two Toyota Fortuner vehicles. "The Katima Town Council […] today12 May, 2025
insert_link Business / Economics Trustco’s Meya Mining Investment confirms $763 million diamond resource Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is […] today5 June, 2024
