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Trevali appoints new CFO

Trevali has been appointed Gerbrand van Heerden Chief Financial Officer of the Company, effective June 1, 2018. Gerbrand most recently served as Trevali’s Senior Vice President – Business Initiatives and Development. He joined Trevali in 2017 following the Company’s acquisition of the Perkoa and Rosh Pinah mines. Gerbrand is both …

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Economy still in the woods – Governor

Central bank governor Ipumbu Shiimi says activity in the construction and wholesale sectors are expected to contract further in 2018. Shiimi said these sectors were expected to contract at the ‘rate they contracted for the past two years’. “Unfortunately, the construction and wholesale sectors are still struggling. We expected deep …

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Rough diamond sales increase

Interim figures for De Beers rough diamond sales for cycle four of 2018 showed an increase of US$550 million (N$7 billion). The figures are from Global sightholder sales and auction sales show that the sales value for the third cycle of 2018 stood at US$524 million (N$6,62 billion), slightly lower …

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