Economy & Business Africa

Economy & Business Africa

Namibia: Rocketnet Powers Ahead With Fibre Connectivity

[New Era] RocketNet, a Namibian internet service provider, is transforming connectivity by delivering fast, affordable fibre internet to underserved Namibian communities. Founded in 2019 by Xander Erasmus with a vision to bridge the digital divide in areas such as Osona Village, RocketNet has since expanded its reach to include other previously- overlooked areas and towns in Namibia.

Economy & Business Africa

Botswana: Khama in Crosshairs of BCL Inquiry

[The Patriot] A Presidential Commission of Inquiry has been established to find the reasons why the BCL mine was closed in October 2016 by former President Ian Khama and other related matters. The official reason proffered by the Khama administration back then was largely that government had reached a conclusion that the mine was no longer economically viable to operate and that copper and nickel prices had significantly dropped. The mine closure has since then become a topical issue highly criticised by opposition

Economy & Business Africa

Malawi: NBM Capital Assures Shareholders On TNM Shares for Cash Transaction

[Nyasa Times] NBM Capital Markets Limited (NBM Capital), an investment advisory services of National Bank of Malawi Plc (NBM)plc leading the TNM Issue of shares for cash transaction expected to raise MK30 billion for the company, have assured shareholders especially the minority ones not to despair with the dilution effects of their shareholding against the total issued shares by the company.

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