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Nam leads in marine diamonds

Chamwe Kaira of the Windhoek Observer this week spoke to Debmarine Namibia CEO Otto Shikongo and discussed a wide range of issues. The interview focused on the current and future plans of the company.
“There is one thing that perhaps the Namibian nation is not aware of – the fact that Namibia leads the entire world in diamond marine mining. I am not quite sure that is well known by our people.

Epangelo-MiningSTATE-owned mining company Epangelo will have to come up with a plan to raise capital on the financial markets as the Government has no plans of massively funding the company, Minister of Finance Saara Kuugongelwa-Amadhila said in an interview last week.

Tax reforms roll in


THE Ministry of Finance has drawn up a draft on the proposed differentiated rates of tax on exported minerals, which was one of the new tax proposals announced in this year’s budget.

I am secure and confident

NANGULA Uaandja, the Managing Partner and Director of PricewaterhouseCoopers (PwC) Namibia, was on maternity leave when the company appointed her to the position.
Another of the many interesting tales about her life is that she reluctantly entered the Economist Businesswoman of the Year 2011, two days before the deadline and ended up winning the title.
Credit also goes to Patty Karuaihe-Martin, a partner at PwC who persuaded Uaandja to enter the competition. At that time Uaandja was out of town and only received the entry forms through a fax.

N$2 billion bond listing on JSE

Nam leads in marine diamondsTHE Government is planning to list a N$2 billion bond on the Johannesburg Securities Exchange later this year to fund the budget deficit, Minister of Finance Saara Kuugongelwa-Amadhila revealed in an interview.

“We have not set a date yet for the listing,” she added.

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The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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