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Kazera Global has revealed that the Chinese company Hebei Xinjian Construction (Xinjian), with which it entered into a December agreement to sell its 100% interest in the Tantalite Valley Mine in Namibia, has failed to comply with the conditions of the sale agreement and is currently in payment arrears of N$30.3 million (US$1.6 million).

FNB Namibia has employed an additional 30 consultants in its contact centre as part of  efforts to enhance its points of contact with its customer base of over 700,000 individuals in Namibia.

The Bank of Namibia (BoN) says the passing of the Virtual Asset Bill does not provide any form of validation for the regulation or legalisation of virtual currencies.

Fortescue Future Industries (FFI), has made a commitment to a 2022 offer to collaborate with the Namibian government on an investment in the country's Green Hydrogen industry through a 50-50 partnership.

The Ministry of Health and Social Services says it wants a share of the revenue collected by Treasury from gambling and sin taxes.

 Broll Namibia says it is now sitting with a property portfolio of N$2.6 billion, 20 years after its formation.

The group’s portfolio includes Alexander Forbes House/Carl List Mall, Wernhil Shopping Centre, Town Square Building, Old Breweries Complex, Ruhr Street, Independence 77 Retail Section as well as Seagulls Mall in Walvis Bay and Pick ‘n Pay Swakopmund.

The company’s external properties under management include the recently opened Hilltop Village in Windhoek, B1 City and 51 on Lazarett.

Karen Keys, Managing Director at Broll Namibia, attributed the company’s success to its employees.

“Broll Namibia are the caring and passionate people who are proud of who we are and what we stand for. We realise the importance of teamwork and working together interdependently and strive to bring our best versions to work every day.

We thrive on customer satisfaction, delivering new realities and creating positive experiences for everyone that crosses our paths. We motivate a high-performance culture, putting our customers’ assets first and delivering on management strategies that will maximise property potential,” she said.

On the company’s outlook, Keys said “We aim to continue to develop a sustainable, innovative, and inspiring company and unlock further opportunities in our various service offerings which include property management, facility management, occupier services, leasing and broking services, sectional title management and development management. We have spent 20 years to build and entrench our brand in Namibia and will continue to stand out as a professional and innovative property services company in Namibia.”

Broll Namibia is a subsidiary of the Ohlthaver & List (O&L) Group.

 

 

Andrada Mining has announced that all holes in its latest drill program near the Uis mine in Namibia intersected lithium and tantalum.

The Communications Regulatory Authority of Namibia (CRAN) has lowered requirements for the 5G spectrum re-auctioning, following the unsuccessful initial bidding in May.

Green Hydrogen Commissioner James Mnyupe says the government has shifted the focus to the next phase of establishing the Synthetic Fuels sector by sourcing and reviewing existing legislation and policies globally to ensure efficient market competitiveness.

 

Telecom Namibia says fibre deployment is set to cost around N$367 million over the next five years.

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