Trustco Group Holdings Limited (“Trustco”) is pleased to announce that Next Capital (Pty) Ltd (“Next”), a key shareholder and lender to the Company, has elected to extend the repayment date for a N$1 billion related party loan. The decision comes as Trustco and Next engage in negotiations that could see the loan converted into an...
The Government Institutions Pension Fund (GIPF) has earned a tidy sum in shareholder dividends when they received a payment to the value of more than N$3.2 million from the FirstRand Namibia Group. Described as securing a sustainable future, FirstRand handed over a symbolic dividend cheque for the financial year ended June 2023 to the GIPF...
The Government Institutions Pension Fund (GIPF) has earned a tidy sum in shareholder dividends when they received a payment to the value of more than N$3.2 million from the FirstRand Namibia Group. Described as securing a sustainable future, FirstRand handed over a symbolic dividend cheque for the financial year ended June 2023 to the GIPF...
“The property has a working business model and I encourage all the public enterprises to follow the example of the Windhoek Country Club Resort,” said the Deputy Director in the Ministry of Finance and Public Enterprises, Louise Shixwameni when she accepted a N$20 million dividend cheque from the Chairman of the resort’s board, Dr Evans...
The Namibia Economic Freedom Fighters (NEFF) have expressed their frustration with the lack of response from government officials, particularly president Hage Geingob and finance minister Iipumbu Shiimi, regarding the awarding of a N$1,3 billion pharmaceutical supply tender to a company primarily owned by a five-year-old child. In a media statement issued yesterday, NEFF deputy leader...
The High Court has stopped the awarding of a pharmaceutical supply tender to Cospharm Investment Pty Ltd – a company of which the majority shareholder is a five-year-old. The father of the minor, Cosmas Mukaratirwa, owns 49% of the company. Judge Boas Usiku in his judgement said the contract should be put on hold pending...
New York (United States), Sept. 20, 2023 (GLOBE NEWSWIRE) — Lifezone Metals Limited (“Lifezone Metals” or the “Company”) (NYSE: LZM), a modern metals company creating value across the battery metals supply chain from mine to metals production and recycling, announced today that it has published the Company’s first half 2023 financial results in a Form...