Windhoek Observer

31 Mar

CPBN orders Nust to evict ‘illegal’ security contractor …as N$40 million tender battle escalates

Main, National News

Renthia Kaimbi The Central Procurement Board of Namibia (CPBN) has directed the Namibia University of Science and Technology (Nust) to issue an immediate notice to vacate PIS Security Services. CPBN said the company is occupying the campus without a valid contract. In a letter dated 24 March 2026 to acting vice-chancellor Andrew Niikondo, CPBN chief executive officer Idi Itope said the company has no legal basis to remain on site. “There is no procurement contract between the Board and PIS for the rendering of security services to Nust,” Itope wrote. He said the continued occupation of the premises by PIS…

31 Mar

Disaster funding cut as Zambezi floods

National News

Patience Makwele Parliament has approved a N$535 million budget for the Office of the Prime Minister, while funding for disaster risk management has dropped to N$47 million. The Disaster Risk Management Programme allocation has fallen from N$1.6 billion two years ago. This has raised concern among lawmakers as floods hit the Zambezi region and drought persists in other areas. Some communities in the region have been displaced, with homes and crops affected. Lawmakers warned that recent rains could also increase the risk of veld fires. Members of parliament questioned whether the country is prepared to respond to emergencies. Swapo member…

31 Mar

Contractor fights ministry over N$77m school contract cancellation

National News

Justicia Shipena An engineering and construction company, Radial Truss Industries, has taken the Ministry of Education, Innovation, Youth, Sport, Arts and Culture, the Central Procurement Board of Namibia (CPBN) and other parties to court in a bid to stop the termination of a construction contract at Tubusis Primary School in the Erongo region. The tender on renovation and upgrading of the school was awarded in 2021. In an urgent application set down for hearing in the High Court on Monday, Radial Truss Industries is asking the court to review and set aside a termination notice issued on 6 February 2026. …

31 Mar

A Personnel costs push defence ministry over budget

National News

Allexer Namundjembo The Ministry of Defence and Veterans Affairs overspent its 2025/2026 budget by 3.67%. This was driven by high personnel costs. During the 2025/2026 financial year, defence was allocated N$7.49 billion. The Ministry of Finance later suspended N$11 million from the development budget, reducing the allocation to N$7.48 billion. More than 60% of the budget went to personnel expenditure, while goods and services accounted for 22%. Spending on capital assets and infrastructure increased to 18%, aimed at upgrading facilities. The ministry expects a budget execution rate of 99.8% and reported six consecutive years of clean audit outcomes. Defence and…

31 Mar

Hunting body denies blocking global participation

National News

Allexer Namundjembo The Namibia Professional Hunting Association (NPHA) has rejected claims that individuals or groups were excluded from participating in events related to the hunting sector. NAPHA President Hannes du Plessis said recent commentary has raised concerns about participation, representation and access. He stated that set rules govern participation at international events like the Dallas Safari Club. “Participation at such shows is governed by strict international rules, and only registered exhibitors who have paid for stand space may market or sell services,” Du Plessis said on Friday. He said these rules are not set by NAPHA and apply to all…

31 Mar

From liberation to exploitation: Namibia’s shameful betrayal of the vulnerable

Editorial

There are moments in a nation’s life that force it to look into the mirror and confront an uncomfortable truth. The recent case of a 16-year-old Angolan girl, rescued from horrific abuse in northern Namibia, is one such moment. It is not just a criminal matter. It is a moral indictment of who we are becoming. The facts are chilling. A child, lured from her home in Angola with the promise of a modest N$500 monthly salary, was instead delivered into a life of cruelty and degradation. She was starved. Beaten. Forced to work both in the house and in…

31 Mar

Non-banking sector hits N$552bn

Observer Money

Chamwe Kaira Namibia’s non-banking financial institutions sector reached total assets of N$552.8 billion in the fourth quarter of 2025. The Namibia Financial Institutions Supervisory Authority (Namfisa) released its latest statistical bulletin, outlining trends and performance across the sector. The sector includes insurance companies, medical aid funds, retirement funds, friendly societies, capital markets and microlending institutions. It recorded 1 193 active entities and 15 512 intermediaries at the end of the quarter. Assets grew by 4.7% compared to the previous quarter and by 16.6% year-on-year. Pension funds, long-term insurers and collective investment schemes accounted for more than 90% of total assets.…

31 Mar

NBL expects tough operating environment to continue

Observer Money

Chamwe Kaira Namibia Breweries Limited (NBL) expects a constrained operating environment to continue in 2026, citing pressure from global supply costs, higher tax charges and lower volumes to South Africa after the expiry of its minimum supply agreement with Heineken Beverages on 30 April. The company released its financial results for the year ended December 2025, reporting growth across beverage categories and gains in market share. Net revenue increased by 4% to N$4.8 billion, supported by growth across categories and changes in product mix. Operating profit rose by 42% to N$830 million, driven by improved margins following the localisation of…

31 Mar

Electricity, water sector rebounds to 12.6% in 2025

Observer Money

Chamwe Kaira The electricity and water sector grew by 12.6% in 2025, up from 2% in 2024, according to the Namibia Statistics Agency (NSA). The growth was driven by the electricity subsector, which expanded by 14.9% compared to 3.3% in 2024. The increase is linked to higher local electricity production supported by good rainfall in catchment areas for hydropower generation. The construction sector also recorded growth, increasing by 20.2% in 2025 from 3.3% in 2024. This was supported by civil engineering works, mainly linked to electricity infrastructure, as well as increased building activity. The transport and storage sector slowed to…

31 Mar

NSX climbs as materials sector leads

Observer Money

Chamwe Kaira The Namibia Securities Exchange (NSX) recorded gains for the week of 23 to 27 March 2026, with the overall index rising by 2.76% to 2 127.37 points from 2 070.30 the previous week. Despite the increase, the index remains 0.65% lower than its level in December 2025. The local index declined by 0.10% to 817.63 points, although it is still 1.22% higher than its December level. Basic materials led the gains, rising by 5.92% to 727.00 points. The sector is now 1.61% higher than at the end of 2025. Consumer staples increased by 3.96% to 1 343.08 points…