LATEST NEWS

Weak promotion of local resources is a big concern

Weak promotion of local resources is a big concern

Hertta-Maria Amutenja The Namibia Revenue Agency (NamRa) Commissioner Sam Shivute said for Africa to have economic sovereignty the continent needs to strengthen its domestic resource mobilization....

National

Oshikoto Man(31) rapes pensioner

Oshikoto Man(31) rapes pensioner

Hertta-Maria Amutenja A 31-year-old man was arrested after he allegedly raped a 79 year-old pensioner at Oshivelo in Oshikoto region. Oshikoto Regional Commander Commissioner Teopoline Kalompo-...
GIPF vows to invest more in the development of the country

GIPF vows to invest more in the development of the country

Martin Endjala The Government Institutions Pension Fund (GIPF) has reiterated its commitment to invest more in the country’s developmental sectors in an effort to uplift the livelihoods of people ...
Natural ambassadors are key to development of their home countries

Natural ambassadors are key to development of their home countries

Niël Terblanché The International Organisation for Migration (IOM), with the support of the Southern Africa Migration Management (SAMM) project, organized a regional capacity development workshop ...
NAC emergency drill successful

NAC emergency drill successful

Niël Terblanché The Namibia Airports Company (NAC) has successfully completed a tabletop emergency drill at Andimba Toivo Ya Toivo Airport in Ondangwa. According to the NAC’s Marketing Officer,...
There is a need to create more jobs

There is a need to create more jobs

Martin Endjala The Kavango East Regional Governor, Bonifatius Wakudumo believes that there is a dire need to evaluate industries which can create sustainable employment. He is of the opinion th...
Dams supplying water to Windhoek running dry

Dams supplying water to Windhoek running dry

Niël Terblanché The Namibian Water Corporation (NamWater) has taken steps to ensure that water from alternative water sources may be utilized by consumers in case the dams from where Windhoek and ...

EDITORIAL

International Workers’ Day is a cliché

May 1st is a holiday on automatic. With the theme of: 'Workers United in Ensuring Productivity for National Economic Growth and Guarding Against Unfair Labour Practices in the World of Work,' it is n...

Her Ladyship for a change

Opposition leaders desperately in search of an issue are making noise about the recent appointment of Zimbabwean Justice Rita Makarau as Acting Judge of the Supreme Court in Namibia. We take issue wi...

Weaponizing the police to silence Comalie

The suggestion that the police were weaponized to scare or distract National Petroleum Corporation of Namibia (NAMCOR) board Chairperson Jennifer Comalie away from taking action to address a disputed...

There is no miracle of loaves and fishes at events

This year’s embarrassment of an insufficient Independence Day budget was evident when the annual post-speech and program food handouts went sideways in Outapi. Who wouldn’t want something like a b...

At 33, it is time to grow up

Consider this situation: your 33-year-old underperforming offspring is sleeping each night on your sofa, usurping the remote control, not delivering on promises and obligations, demanding that you fe...

MONEY

Foreign reserves peak to N$51.8 billion

Foreign reserves peak to N$51.8 billion

Chamwe Kaira The Bank of Namibia’s stock of international reserves increased in April to N$51.8 billion relative to the N$48.3 billion at the end of March, the central bank said. This is the highe...
Locals can form JVs with foreigners for Green Schemes…. Investors required to have financial capacity of up to N$650m

Locals can form JVs with foreigners for Green Schemes…. Investors required to have financial capacity of up to N$650m

Chamwe Kaira Local investors who do not have financial capacity to bid for the leasing of Green Schemes may form joint ventures with foreign investors to bid for the leasing of the Green Schemes. ...
More local companies need to list on the NSX

More local companies need to list on the NSX

Namibia Stock Exchange (NSX) CEO, Tiaan Bazuin this week gave Observer Money an update of the performance of the stock exchange, the impact of new legislation and the possibility of more companies li...
Loans holiday relief applications hit 377 875…. Value of loans approved under moratorium is N$5.8 billion…. Ministry of Justice planning amendment to restrict sale of property

Loans holiday relief applications hit 377 875…. Value of loans approved under moratorium is N$5.8 billion…. Ministry of Justice planning amendment to restrict sale of property

Chamwe Kaira The Bank of Namibia has disclosed that as of 30 April 2023, commercial banks received a total of 377 875 applications for holiday relief since a rollout in April 2020 to provide relie...
TransNamib to upscale manganese transportation to 30 000 tonnes

TransNamib to upscale manganese transportation to 30 000 tonnes

Chamwe Kaira TransNamib Holdings plans to double the transportation of manganese to the port of Lüderitz from the current 15 000 tonnes to 30 000 tonnes. The manganese comes Northern Cape in South...
Deep Catch to open frozen food facility in Zambia

Deep Catch to open frozen food facility in Zambia

Deep Catch Group, the Namibian company, which is engaged in wholesale, distribution and cold storage of perishable foods in Namibia and the Southern African Development Community Region, plans to ope...