Multichoice Botswana CEO Stephanie Pillay's work permit renewal has been declined by the Botswana Home Affairs.
The Home Affairs 's decision is due to treatment of local employees who were unfairly dismissed over the past 4 years and were replaced by foreign nationals. Source Mail Online
Dutch investor Kenzoll Capital has partnered with MSF Commercials to restart the Sperrgebiet Diamond Mine, formerly known as Elizabeth Bay, near Lรผderitz.
The mineโs licences cover 245 364 hectares of the Sperrgebiet and hold estimated resources of 6.3 million carats onshore and 4.2 million carats offshore.
Kenzoll says its investment could reach N$828.5 million, subject to regulatory approvals, as the partnership expands exploration beyond diamonds into heavy mineral sands and critical metals.
#MarketWatch #NamibianSun #ElizabethBayMine #Namibia
Capricorn Group is buying an 81.6% stake in South African asset finance firm Centrafin in a deal valuing the business at N$788.3 million.
โSouth Africa is an important market in our growth ambitions,โ Capricorn chief executive David Nuyoma said.
Capricorn has an option to take its stake to 100% over five years.
The transaction remains subject to regulatory approvals.
#MarketWatch #CapricornGroup #Centrafin #Banking #AssetFinance
On a serious note, there should be management meetings in all big companies today discussing how to alleviate the effects of the fuel price increase for employees. Unless youโre able to pay your staff more, you need to, where possible, offer solutions.
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐ Iโm trying to think whatโs my ridiculously priced household item- canโt immediately think of one now, but I do have many๐๐๐๐