NAMDIA, the Namib Desert Diamonds (Proprietary) Limited Company, a 100% commercial public enterprise marked a historic occasion at the launch of its Annual Report for the financial year 2022/2023 declaring a record-breaking dividend of N$300 million to NAMDIA’s shareholder, the Government of the Republic of Namibia. This extraordinary dividend sets a new benchmark in NAMDIA’s...
B2Gold Corporation, an international gold producer headquartered in Vancouver, has declared a cash dividend for the third quarter of 2023 of four United States (US) cents (77 Namibia cents) per common share, payable on 29 September to shareholders on record as of 21 September 2023. According to a company statement issued by president and chief...
A dividend of N$224.5 million (44.89 cents per ordinary share) was paid to the Ordinary Shareholders of Letshego Holdings (Namibia) Limited during the June 2023 period, the Board of Directors of Letshego Holdings (Namibia) Limited has announced in its financial results for the six months ended 30 June 2023. This in an increase from the...
Staff Reporter HAVING handed over N$6.8 million in dividends previously in 2020, N$10 million in 2021, and N$7.7 million in 2022 respectively, Namibia’s only special risks insurance company, Namibia Special Risks Insurance Association Limited (NASRIA), has shaken off Covid-19 woes and handed over a dividend of N$10 million for the 2023 financial year to its...
The Namibia Special Risks Insurance Association (Nasria) on Wednesday paid a N$10-million dividend to the government through the finance ministry. The company said its performance has been driven by good governance and dedication. Speaking at the dividend handover, during Nasria’s annual general meeting, the insurer’s board chairperson Andrianus Vugs said: “Despite the economic headwinds, the...
Namibia Special Risks Insurance Association (NASRIA) handed over a dividend of N$10 million for the 2023 financial year to its sole shareholder, the Namibian Government. The company has attributed its improved performance to sound governance and dedication to delivering on its mandate. Adrians Vugs, NASRIA’s Board Chairperson, says that despite the economic headwinds that have...
The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the Federation Account Allocation Committee (FAAC) for the month of June. The News Agency of Nigeria (NAN) reports that FAAC had on Thursday shared N907 billion among the three tiers of government. From the...
Multichoice did not declare a dividend for the full year to the end of March. The JSE-listed pay television group reported a bigger knock as a result of headwinds in the South African market. “No dividend was declared by the board due to a cautious outlook on currencies in South Africa and Nigeria, a challenging...
The Stimulus investments portfolio delivered dividend payments to its preference shareholders totalling N$84.5 million (2022: N$9.6 million) for the financial year ended 28 February 2023, which increased by 777% from 2022, the company’s financial results show. This, in combination with the latest portfolio valuations, represents a total return to preference shareholders of 13.6% (2022: 1.9%)...