Top Stories

GDP growth reduced to 2.3%, budget raises to N$88.6bn

GDP growth reduced to 2.3%, budget raises to N$88.6bn

October 23, 2026
Diamond taxes and royalties are projected to fall to N$414m in 2026/27. Deficit projected at 5.5% of GDP Ministry of Defence allocated N$200m N$535m allocated to PSEMAS CHAMWE KAIRA ...
Sankwasa orders audits into traditional authorities’ fishing quota funds

Sankwasa orders audits into traditional authorities’ fishing quota funds

October 22, 2026
…minister raises concerns over unexplained withdrawals by chiefs and their relatives Patience Makwele Traditional authorities receiving proceeds from fishing-quota will face audits by the minist...

National

Prime Minister takes greater control of SOEs

Prime Minister takes greater control of SOEs

October 23, 2026
CHAMWE KAIRA Prime Minister Elijah Ngurare will assume expanded powers over the governance of state-owned enterprises (SOEs), including setting directives on board appointments, chief executive off...
GDP growth reduced to 2.3%, budget raises to N$88.6bn

GDP growth reduced to 2.3%, budget raises to N$88.6bn

October 23, 2026
Diamond taxes and royalties are projected to fall to N$414m in 2026/27. Deficit projected at 5.5% of GDP Ministry of Defence allocated N$200m N$535m allocated to PSEMAS CHAMWE KAIRA ...
Venaani rejects midterm budget over cost of living

Venaani rejects midterm budget over cost of living

October 23, 2026
Sostenus Wilherm Popular Democratic Movement (PDM) leader McHenry Venaani has rejected the government’s midterm budget review, accusing it of failing to address the cost of living, housing shortage...
Mbuti demands answers over unsolved pensioner murder

Mbuti demands answers over unsolved pensioner murder

October 23, 2026
Sostenus Wilherm Independent Patriots for Change (IPC) member of parliament and shadow minister of home affairs, immigration, safety and security Lucia Mbuti has demanded answers over the unsolved ...
Zambezi Nanso cries for support

Zambezi Nanso cries for support

October 23, 2026
Patience Makwele The Namibia National Students Organisation (NANSO) in the Zambezi Region says a lack of government support is hampering its efforts to address students’ concerns and implement reso...
Sankwasa orders audits into traditional authorities’ fishing quota funds

Sankwasa orders audits into traditional authorities’ fishing quota funds

October 22, 2026
…minister raises concerns over unexplained withdrawals by chiefs and their relatives Patience Makwele Traditional authorities receiving proceeds from fishing-quota will face audits by the minist...
Swapo rift deepens over Grootfontein leadership renewals

Swapo rift deepens over Grootfontein leadership renewals

October 22, 2026
Staff Writer A bitter struggle has emerged within the Swapo Party’s Otjozondjupa region, with regional leadership and a national leader assigned to the region clashing over the legitimacy of Grootf...
Court upholds former health ministry accountant’s dismissal

Court upholds former health ministry accountant’s dismissal

October 22, 2026
Sostenus Wilherm The High Court has dismissed former ministry of health and social services senior accountant Ricardo Hitikua’s appeal against his dismissal for allegedly being absent from work for...
RedForce loses bid to block Sankwasa’s directive

RedForce loses bid to block Sankwasa’s directive

October 22, 2026
Renthia Kaimbi The High Court has ruled that urban and rural development minister James Sankwasa did not direct the municipality of Walvis Bay to terminate its RedForce Debt Management contract by ...
Immanuel clarifies law on hybrid marriages

Immanuel clarifies law on hybrid marriages

October 22, 2026
Sostenus Wilherm Justice and labour relations minister Fillemon Wise Immanuel has clarified that people entering civil marriages must disclose existing customary spouses, following questions in Par...

MONEY

Stimulus declares N$79.3m interim dividend

Stimulus declares N$79.3m interim dividend

October 23, 2026
CHAMWE KAIRA Stimulus Investments Limited has declared an interim dividend of N$79.3 million for holders of its 2011 preference shares, equivalent to N$17.05 per share. The investment holding co...
Famous Brands’ SADC revenue falls 18%

Famous Brands’ SADC revenue falls 18%

October 23, 2026
CHAMWE KAIRA The Southern African Development Community (SADC) division of South African restaurant group Famous Brands recorded an 18% decline in revenue to N$183 million for the six months ended ...
Explainer: Petroleum (Exploration and Production) Amendment Bill

Explainer: Petroleum (Exploration and Production) Amendment Bill

October 23, 2026
The National Assembly this week passed the petroleum (exploration and production) amendment bill. Observer Money explains what the bill is all about.  Namibia’s oil and gas industry attract...
Cashbuild’s African sales fall 11% as existing stores weaken

Cashbuild’s African sales fall 11% as existing stores weaken

October 23, 2026
Staff Writer  Cashbuild’s sales across its African markets, including Namibia, Botswana, Eswatini and Lesotho, declined by 11% in the first quarter of its 2027 financial year, reflecting weaker rev...
Clicks plans N$780m investment in new stores and pharmacies

Clicks plans N$780m investment in new stores and pharmacies

October 23, 2026
CHAMWE KAIRA Clicks Group, which operates stores across Namibia plans to invest N$780 million in new stores and pharmacies in the 2027 financial year as it continues to expand its retail footprint,...
Botswana’s Diamonds for Development Fund receives N$1.1 billion initial funding

Botswana’s Diamonds for Development Fund receives N$1.1 billion initial funding

October 23, 2026
Staff Writer  The government of Botswana and De Beers Group have announced that De Beers Group has transferred its initial contribution of BWP 1 billion (N$1.1 billion) to the Diamond for Developme...
Time to bring order to the SOE house
Editorial

Time to bring order to the SOE house

October 23, 2026
The pesky details of the national budget
Featured

The pesky details of the national budget

October 23, 2026
Prime Minister takes greater control of SOEs
National News

Prime Minister takes greater control of SOEs

October 23, 2026
GDP growth reduced to 2.3%, budget raises to N$88.6bn
Main

GDP growth reduced to 2.3%, budget raises to N$88.6bn

October 23, 2026
Venaani rejects midterm budget over cost of living
National News

Venaani rejects midterm budget over cost of living

October 23, 2026
Like Us
Follow Us
Subscribe Us
Follow Us
LinkedIn