Africa Links 24 with Charmaine Ngatjiheue
Published on 2025-08-06 17:00:00
The government is actively consulting with mining industry players to push for 51% ownership in new mining ventures. Currently there is no provision in the law for the government to acquire shares in mineral rights, apart from mineral agreements.
The state owns roughly 3.4%, 7.5% and 10% shares in various mining companies, an issue which has been flagged as concerning.
The only 50/50 shareholding currently exists between the government and De Beers Group in the Namdeb venture. Deputy…
Read the Full article on The Namibian
