Accelerating equal opportunities in mining

Namdeb continues to foster thriving communities
The Oranjemund community remains a vital focal point for Namdeb's sustainability initiatives.
Jemimah Ndebele
Namdeb, a key player in the mining sector and a subsidiary of Namdeb Holdings (PTY) Ltd., is pioneering efforts to accelerate equal opportunities within its operations.

Established in 1994, Namdeb has consistently delivered shared value to shareholders and stakeholders, positioning itself as an exemplary corporate citizen.

In 2023, Namdeb allocated N$763 364 towards initiatives aimed at fostering thriving communities and advancing equal opportunities. Notably, 63% of this budget was dedicated to youth empowerment, with 42% specifically supporting sports participation in the //Karas Region, where Namdeb operates.

“Scholarships valued at approximately N$500 000 were also awarded to Namibian women studying in the postgraduate renewable energy space.

Gloria Paulus (31) holds various qualifications, including a bachelor of technology in power engineering and a master's of sustainable energy systems.

She qualified for the bursary of a PHD in electrical engineering and is pursuing her studies at the University of Stellenbosch, with an envisaged graduation in 2026.

The second scholarship recipient is Selma Nandjembo, 22, who holds a bachelor of science in applied physics and a master's of environmental engineering specialising in energy systems.

She received the bursary for the master's in environmental engineering studies and will be completing it at the Namibia University of Science and Technology, with an envisaged completion date of October this year.

Building a community

Namdeb's dedication extends beyond education. Programmes addressing bullying, harassment, unconscious bias, victimisation and domestic violence underline the company's commitment to creating a safe and inclusive work environment.

In the realm of gender-based violence, Namdeb invested N$105 000 in 2023, underscoring its commitment to awareness, prevention and collaboration within the Oranjemund community. Additionally, a multi-disciplinary framework was established to address GBV, acknowledging its disproportionate impact on women.

The Oranjemund community remains a focal point for Namdeb's sustainability initiatives. Over N$80 million was invested in 2023, with key allocations to healthcare and education. The Namdeb-owned private hospital and Oranjemund private school received approximately N$18 000 and N$30 000, respectively, while assistance to public schools amounted to N$100 000.

In addition to providing a building for a government healthcare centre in previous years, a commitment to build an ablution facility at a cost of N$500 000 was made in 2023, Pauline Thomas, Namdeb’s head of corporate affairs and sustainable impact, said.

On Namdeb’s social-economic activities, Thomas explained: “OMDis is a special purpose vehicle funded by Namdeb and has a key focus of driving socio-economic development with a primary focus of job creation and impact on livelihoods. Focus areas include agriculture, tourism, infrastructure and enterprise development. Namdeb OMDis funding amounted to approximately just over N$ 22 million.”

Furthermore, OMD2030 is a community organisation with a mission to assist stakeholders in transforming Oranjemund from an economy dependent on one industry to an economically diverse and culturally rich town where citizens participate in building their own community and take pride in their collaborative and individual successes.

Namdeb OMD2030 funding amounted to N$1.5 million last year.

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Allgemeine Zeitung 2024-04-28

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026 Sport results: Premier League: Nottingham Forest 0 vs 2 Manchester City | Bournemouth 3 vs 0 Brighton | Tottenham Hotspur 2 vs 3 Arsenal | Aston Villa 2 vs 2 Chelsea | Everton 1 vs 0 Brentford | Wolves 2 vs 1 Luton Town | Fulham 1 vs 1 Crystal Palace | Manchester United 1 vs 1 Burnley | Newcastle 5 vs 1 Sheffield United | West Ham 2 vs 2 Liverpool | Brighton 0 vs 4 Manchester City LaLiga: Granada 3 vs 0 Osasuna | Cadiz 1 vs 1 Mallorca | Atletico Madrid 3 vs 1 Athletic Club | Deportivo Alaves 3 vs 0 Celta Vigo | Almería 1 vs 3 Getafe | Las Palmas 0 vs 2 Girona | Real Sociedad 0 vs 1 Real Madrid SerieA: Napoli 2 vs 2 AS Roma | Atalanta 2 vs 0 Empoli | Bologna 1 vs 1 Udinese | Inter Milan 2 vs 0 Torino | SS Lazio 1 vs 0 Hellas Verona | Juventus 0 vs 0 AC Milan | Lecce 1 vs 1 Monza | Frosinone 3 vs 0 Salernitana | Udinese 1 vs 2 AS Roma European Championships Qualifying: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United English Championship: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United Weather: Katima Mulilo: 13° | 30° Rundu: 13° | 31° Eenhana: 15° | 33° Oshakati: 17° | 32° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 15° | 29° Omaruru: 16° | 32° Windhoek: 15° | 27° Gobabis: 15° | 28° Henties Bay: 20° | 33° Wind speed: 17km/h, Wind direction: S, Low tide: 11:40, High tide: 05:39, Low Tide: 23:58, High tide: 18:14 Swakopmund: 18° | 25° Wind speed: 19km/h, Wind direction: SW, Low tide: 11:38, High tide: 05:37, Low Tide: 23:56, High tide: 18:12 Walvis Bay: 21° | 32° Wind speed: 25km/h, Wind direction: SW, Low tide: 11:38, High tide: 05:36, Low Tide: 23:56, High tide: 18:11 Rehoboth: 18° | 29° Mariental: 20° | 32° Keetmanshoop: 21° | 32° Aranos: 19° | 31° Lüderitz: 20° | 38° Ariamsvlei: 20° | 33° Oranjemund: 16° | 35° Luanda: 26° | 31° Gaborone: 13° | 26° Lubumbashi: 11° | 24° Mbabane: 9° | 23° Maseru: 11° | 24° Antananarivo: 15° | 22° Lilongwe: 15° | 26° Maputo: 16° | 27° Windhoek: 15° | 27° Cape Town: 14° | 23° Durban: 15° | 27° Johannesburg: 14° | 24° Dar es Salaam: 24° | 30° Lusaka: 14° | 25° Harare: 10° | 25° Economic Indicators: Currency: GBP to NAD 23.44 | EUR to NAD 20.1 | CNY to NAD 2.59 | USD to NAD 18.8 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.66 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.78 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 9142.54 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026