Namibia to Take Majority Control In All New Mines With 51% Ownership Policy

Namibia will require a 51% ownership stake in all new mining operations established on Namibian soil. This is a step toward resource nationalism and economic empowerment, especially in a country rich in uranium, zinc, tin, and other valuable minerals.

The policy made known by Joseph Kalimbwe, a prominent Zambian politician and activist, in a post on X, marks a sharp departure from the country’s previous mining arrangements, where state ownership in key operations was minimal.

Namibia holds only 3% of the Rossing Uranium Mine, its most internationally recognised mineral operation. Ownership in other major mines has been similarly limited: 1.6% in the Ross Pinah Zinc Mine, 2% in the Chinese-operated Sino Mine, and 0% in the Andrada Tin Mine.

Here are some Mines in Namibia; a) Rossing Uranium – Namibia owns 3% b) Ross Pinah Zich – Namibia owns 1.6% c) Andrada Tin Mine – Namibia owns 0% d) Sino mine – Namibia owns 2% Now Namibia is taking decisive leadership to own 51% in every new mine. Again congratulations !!, he posted.

The shift is expected to transform Namibia’s future mining investment and governance landscape. According to Kalimbwe, the new policy will apply only to new mining projects, while existing operations will continue under their current agreements.

Namibia had earlier announced that it would scrap tuition and registration fees at public universities and technical colleges from 2026. President Netumbo Nandi-Ndaitwah, the country’s first female president, announced this during her first State of the Nation Address.

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