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GRN mum on arsenic contamination in Tsumeb

Ester Mbathera Over the years the residents of Tsumeb have complained about several illnesses that they blamed on exposure to arsenic, fumes and dust coming from the copper smelter operated on by W...
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Chevron fails to find commercial hydrocarbons

CHAMWE KAIRA Namibia’s quest to become an oil producer has suffered another setback. Sintana Energy Inc. has announced that it has been notified by Chevron that while operations reached total depth...

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No need to panic over Shell’s US$400m write down

FNB Namibia economist Helena Mboti speaks to Observer Money about Shell's recent announcement that it will write down approximately US$400 million related to an offshore oil discovery in Namibia, whic...
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‘Blood saved my life’ – accident survivor – Donors demand compensation

Hertta-Maria Amutenja Simon Iyambo credits blood donations for saving his life after a car accident last year left him critically injured. “I needed an emergency blood transfusion after losing s...
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Young author from Ongha seeks support to publish first novel

Mallex Shipanga Seventeen-year-old Julia Shaama from Ongha village in the Ohangwena region is seeking assistance to publish her debut novel, Behind Me. Shaama, a learner at Dr Abraham Iyambo Sec...
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Rising model eyes New York Fashion Week

Mallex Shipanga At just 24 years old, Ruan Potgieter has quickly made a name for himself in Namibia’s fashion industry. Born in Swakopmund and raised in Windhoek, Potgieter began his modelling j...
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Nudo infighting threatens party stability ahead of regional and local authorities elections

Martin Endjala Internal divisions within the National Democratic Unity Organisation (Nudo) are expected to escalate this year as the party prepares for local authority elections scheduled for Novem...
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Nandi-Ndaitwah and Shanghala summoned in Red Line case

Hertta-Maria Amutenja The Windhoek High Court has summoned Vice-President and President-elect Netumbo Nandi-Ndaitwah, along with former justice minister Sacky Shanghala, to testify in a constitutio...

MONEY

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Namibia’s exports stand at N$12.2 billion

Stefanus Nashama The Namibia Statistics Agency (NSA) has announced that the country's export earnings for November 2024 reached N$12.2 billion, marking a 39.0 percent increase from N$8.8 billion re...
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B2Gold to spend N$131m on exploration at Otjikoto

CHAMWE KAIRA B2Gold plans to spend a total of US$7 million (N$131 million) for exploration at its Otjikoto mine in 2025. The focus of the exploration programme will be drilling to expand and refine...
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Global oil prices expected to exceed US$80 per barrel

CHAMWE KAIRA Global oil prices are expected to exceed US$80 per barrel this year. Furthermore, Simonis Storm Securities has said for 2025, it anticipates that Namibia’s headline Consumer Price Inde...
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Exports by sea reached N$5.8 billion in November

CHAMWE KAIRA During November 2024, goods worth N$5.8 billion, representing 47.6% of total exports, left the country by sea. The basket of exports via sea comprised mainly of uranium and ‘copper ...
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FNB sees inflation at 4% in December

CHAMWE KAIRA FNB Namibia has projected that inflation will rise to 3.6% this month and reach 4% in December with a 12-month average of 4% for the year. “We anticipate inflation to tick up in Jan...
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The emotional side of money

HILENI AMADHILA Money is more than just the number in a bank account. It is deeply personal and influenced by experiences, beliefs, and emotions. Whether it’s the celebration of reaching a mileston...