Lodestone Brands : Taking Businesses to the Next Level
Lodestone Brands is looking to expand its acquisition portfolio across Africa, building on an initial six years of success in the FMCG market.
Lodestone Namibia
New iron ore mine for Namibia Africa Outlook discusses the challenges and opportunities of opening a new iron ore mine in Namibia with the CEO and CFO of Lodestone Namibia. Carsten Mosch, Lodestone's CEO, and David Hinsley, its CFO, are principal investors in the project in Dordabis, which is located 70 km south-east of Windhoek. Writer Ian Armitage Project manager Debbie Clark Namibia is a middle income country which has enjoyed considerable successes since it gained independence from South Africa in 1990. It is renowned for sound economic management, good governance and inherited a well-functioning physical infrastructure, a market economy, rich natural resources, and a relatively strong public administration. Namibia has made significant progress too in addressing many development challenges like job creation, education, primary healthcare services, safe water, poverty and inequality. In the 2013 World Bank /IFC Ease of Doing Business Study, Namibia ranked third out of 25 African countries. In the Ernst and Young Emerging Markets country rankings, it ranks ahead of the likes of Turkey, Colombia, Mexico and all of the BRIC economies. It is this that has attracted international investors (Namibia has attracted the 15th most FDI projects in Africa since 2003, which ranks it as the top African investment destination on a per capita basis). It is in this context that Africa Outlook interviewed the management of Lodestone - just as they were drawing a close to their latest round of exploratory drilling and were finishing their Namibian mining license application, which they expect to submit at the end of August.…
