Namibia’s mining sector is emerging from the coronavirus pandemic-induced crisis that saw it contracting by nearly 15% in 2020. The Brief (TB) caught up with Chamber of Mines of Namibia CEO, Veston Malango (VM) to discuss the performance of the country’s mining sector in 2021, new developments and its outlook. Below are excerpts of the interview.

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One of the most important factors we need to consider as individuals is how our families are taken care of when we pass away. It is important to understand the role that Life and Funeral Insurance plays in our financial planning. Primarily, Life and Funeral Insurance caters to different needs.

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Cash is still king in Namibia despite the fact that most countries in the world are increasingly turning to cards and apps for payments during the pandemic.

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Eos Capital-managed Euphrates Agri fund has acquired a minority stake in Cherry Irrigation’s Namibian business for an undisclosed amount.

The National Petroleum Corporation of Namibia (NAMCOR) says the recent potential oil find by its partners, Shell Namibia Upstream B.V and Qatar Energy, is a strong validation of the country’s oil deposits.

Business interruption is one of the major concerns for companies in Namibia for the next 12 months, followed by changes in legislation and regulation, and another Covid-19 outbreak, the latest Allianz Risk Barometer has revealed.

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The Global Finance magazine has recognised RMB Namibia as the Best Treasury and Cash Management Bank and RMB as the Best Bank for Payments and Collections in Africa.

Namibia is yet to implement telecommunications number portability two years after publishing the regulations.

Farmers in drought-prone areas, such as the Kunene region, have been urged to embrace crop diversification to improve food and nutrition security.

Trustco Group Holdings has turned to South Africa’s High Court as it seeks to review the decision by the Johannesburg Stock Exchange (JSE) to revise and restate its financial information for the year ended March 31, 2019 and interim results for the six months to September 30, 2019.

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