21
Nov
Martin Endjala Osino Resources, a British-owned company, has invested a total of N$634 million in its Twin Hills Gold Mine project near Karibib since its inception in 2017. This foreign direct investment has contributed significantly to the economy and has resulted in the creation of roughly 1,000 jobs. This information comes from the mining company's recent announcement of its Sustainable Report for the 2022 financial year. According to the report, the company's procurement spending amounted to N$124 million, with N$27 million paid in wages and N$3 million paid to the government for social security, PAYE, workman's compensation, and training levy.…