
Namib Minerals rings Nasdaq closing bell with Zimbabwean diplomats
The event, held at Nasdaq's headquarters in New York City, was witnessed by Ambassador Taonga Mushayavanhu, Zimbabwe's Permanent Representative to the United Nations, and Minister Plenipotentiary Donald Tatenda Charumbira.
Their participation underscored the strengthening partnership between Namib Minerals and Zimbabwe, and the country's broader commitment to economic modernisation and global market integration.
'This moment is more than symbolic,' said Namib Minerals CEO Ibrahima Sory Tall. 'Through strong partnerships, responsible mining, and shared growth, we're contributing to the evolution of Zimbabwe's economy and its place in global markets.'
Namib Minerals, which listed on the Nasdaq in June 2025 under the ticker NAMM, is rapidly establishing itself as a major player in African resource development.
The company currently operates How Mine near Bulawayo and is working to revive two additional gold assets in the country – Mazowe and Redwing Mines. It is also expanding its footprint in the Democratic Republic of Congo through copper and cobalt exploration projects — a strategic move aimed at supporting the global shift toward clean energy technologies.
The Nasdaq appearance comes as Zimbabwe seeks to attract foreign direct investment by highlighting its mineral wealth and improving its global image. For Namib Minerals, the event signals investor confidence in the company's sustainable growth strategy and its role in unlocking Africa's mineral potential, particularly in the context of the global energy transition.
The company has committed to responsible mining practices, community engagement, and long-term economic value for host countries and shareholders alike.
Namib Minerals' presence on one of the world's most prominent stock exchanges marks a new chapter not just for the company but also for African mining firms looking to access global capital markets.
© Copyright The Zimbabwean. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Zawya
33 minutes ago
- Zawya
Ambassador Gao Wenqi Attends the Working Meeting between Leaders of Export-Import Bank of China and Ministry of Finance and Economic Planning of Rwanda
AFRICA On July 31, Ambassador Gao Wenqi attended the working meeting betweenYang Dongning, Vice Governor of Export-Import Bank of China and Hon. Yusuf MURANGWA, Minister of Finance and Economic Planning of Rwanda. Both sides exchanged views on promoting the trade, economic and financial cooperation between China and Rwanda. Distributed by APO Group on behalf of Embassy of the People's Republic of China in the Republic of Rwanda. Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an 'as is' and 'as available' basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages. © ZAWYA 2025

Zawya
33 minutes ago
- Zawya
South Africa: Cooperative Governance and Traditional Affairs (COGTA) Chairperson Concerned by Closure of Emfuleni Local Municipality Client Service Centre
The Chairperson of the Select Committee on Cooperative Governance and Public Administration (Traditional Affairs, Human Settlements and Water&Sanitation), Mr Mxolisi Kaunda, is concerned by reports of the closure of the Emfuleni Local Municipality client service centre due to unpaid rent. 'The closure of the client service centre negatively impacts the ability of the municipality to collect rates and taxes, a key driver of municipal revenue. The inability to collect revenue will have an unintended negative impact on the ability to deliver quality services to the people,' Mr Kaunda said. The 6th Parliament select committee visited the municipality and criticised the lack of progress in resolving material risks of governance and financial control within the municipality, which exacerbate the already dire state of poor service delivery. Furthermore, the continued attachment of the municipality's bank accounts by service providers, such as Eskom and Rand Water, due to non-payment for services requires a focused and deadline-driven approach. 'While it is not sustainable that the accounts of the municipality are attached, it is also unsustainable that the municipality does not pay for services. The residents of the municipality deserve better basic services in line with the objects of municipalities as envisioned in Section 152 of the Constitution,' Mr Kaunda suggested. The Chairperson also highlighted the importance of government departments paying the municipality for services to improve cash flow management and enable the municipality to provide services. The Chairperson called on the municipality and the provincial executive to find a workable solution to ensure that the client service centre is reopened and that service providers are paid on time. Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

Zawya
33 minutes ago
- Zawya
Seychelles: President Ramkalawan Attends Foundation Stone laying Ceremony for Orchid Village Affordable Housing Development Phases II & III
President Wavel Ramkalawan, accompanied by First Lady Mrs. Linda Ramkalawan and Vice President Ahmed Afif, attended the foundation stone laying ceremony for the second and third phases of the Orchid Village affordable housing development at Grand Anse Mahé on Friday morning. The comprehensive housing initiative encompasses 80 affordable residential units, comprising 32 two-bedroom and 48 three-bedroom accommodations. Ascent Project Limited will execute the construction over a 24-month timeline,with the project generously funded by the United Arab Emirates government at an investment of approximately USD 7.3 million. President Ramkalawan, alongside His Excellency Mr. Ahmed Saeed Alneyadi, Chargé d'Affaires of the UAE Embassy, and Minister for Land and Housing Billy Rangasamy, unveiled the commemorative plaque and laid the foundation stone, marking the project's commencement. The delegation also participated in a symbolic tree-planting ceremony. In his address, Minister Rangasamy expressed profound gratitude to the UAE government for their substantial investment in Seychelles' housing sector. The Minister announced the concurrent development of regional sewage treatment plants to service multiple housing estates, including this project, aligning with the nation's comprehensive infrastructure agenda for sustainable development. His Excellency Mr. Ahmed Saeed Alneyadi emphasized that the project "represents a significant milestone in the United Arab Emirates' commitment to providing quality housing for Seychellois citizens and fostering community growth. This grant transcends mere financial investment, it exemplifies the enduring friendship and solidarity between Seychelles and the UAE." President Ramkalawan conveyed his appreciation and satisfaction with the project's progress, noting it as one of three generous initiatives from the UAE government, alongside the English River rehabilitation project and the Anse Royale Sports Complex. "Let this village become a source of pride and cultivate a sense of community that enables our people to flourish," the President declared. National Assembly Member for Grand Anse Mahé District, Mr. Waven William, urged prospective beneficiaries to maintain consistent payment schedules to secure housing allocation. He encouraged current residents to preserve their properties through proper maintenance and foster harmonious neighborhood relations. William advocated for revised housing agreements reflecting contemporary realities, permitting homeowners to undertake repairs while preserving structural integrity, and called for proactive enforcement measures to maintain community standards. The ceremony was attended by Minister of Foreign Affairs and Tourism Mr. Sylvestre Radegonde, Minister of Health Mrs. Peggy Vidot, Principal Secretaries, Chief Executive Officers, National Assembly members, Grand Anse Mahé District Administrator Mrs. Retania Leon, Ministry of Land and Housing personnel, district residents, and distinguished guests. Distributed by APO Group on behalf of State House Seychelles.