Trustco Group Holdings and its partners have been offered N$817.3 million (US$50 million) to offload their 70% stake in a Sierra Leone diamond mining company, Meya Mining.

The offer to purchase (OTP) is a binding agreement between the purchaser and seller setting out the parties, the property description, and obviously the price that's been decided upon. And it must be reduced to writing.

Google’s Equiano cable landed in Namibia on Friday, a development which is expected to more than double the country’s internet connectivity capacity.

Meatco’s first consignment of Namibian beef from the Northern Communal Areas (NCA) has arrived at Tema port in Accra- Ghana.

Trustco Group says it registered a N$578.6 million profit before tax for the six months ended 28 February 2022, up from a loss before tax of N$291.4 million in the corresponding period.

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Namibia and Angola have agreed to collaborate on digitally enabled payment methods, including digital currencies and crypto assets.

The appetite for acquiring houses and land by people living in Northern and Southern has reached low levels last seen in 2014, statistics from the FNB Q1 Housing Index report for the 2022 show.

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Bank Windhoek has scrapped monthly subscription fees for Internet Banking, the Mobile App and Cellphone Banking under a new fee structure which comes into effect on Friday. 

Menzies Aviation has lost its bid in the Windhoek High Court to cling onto the multi-million-dollar Hosea Kutako International Airport ground handling services tender after the Namibia Airports Company (NAC) had approached the courts seeking relief to terminate the contract when it lapses on 30 June, 2022.

B2Gold Mining Investments Limited has agreed to receive Osino Resources Corporation shares instead of a N$245.1 million payment for its Ondundu gold exploration property.

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