Mining Focus - 21 November 2023

In the Alexforbes Lead Story: The government says progress is being made towards establishing manufacturing facilities in all 14 regions. Prime Minister Elijah Ngurare says the initiative aims to promote local processing, value addition, economic diversification and job creation. Angie Scholtz spoke to Dr. Omu Kakujaha-Matundu, an economics lecturer at…

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: Gold Fields — The gold price has become increasingly volatile, raising questions around dividends, debt reduction and share buybacks. Italtile — Accounting problems in Australia are causing headaches, but the bigger challenge is the oversupply in South Africa's ceramic…

In the Alexforbes Lead Story: Namibia is stepping up efforts to attract investment into its emerging oil and gas sector at the Offshore Northern Seas Summit in Stavanger, Norway. Angie Scholtz spoke to the Minister of Industries, Mines and Energy Minister Modestus Amutse, who is attending the week-long summit.

In the Alexforbes Lead Story: In our Business Lead story, Angie Scholtz is joined by Lameka Amuanyena, the Senior Manager for Electricity and Hydrocarbons at the Electricity Control Board, to discuss their 2024/2025 infrastructure report, based on inspections across all 14 regions. The ECB says NamPower’s national transmission network is…

Coming up in the Market Watch — Michelle van Wyk speaks to Floris Bergh from Capricorn Asset Management about the outlook for oil prices, the impact of rising fuel prices on inflation in Namibia, and the risks posed by El Niño.