Windhoek Observer

Chamwe Kaira  Letshego Bank Namibia and Nedbank Namibia charge the lowest fees on basic bank accounts, according to the Bank of Namibia’s Banking (BoN) Fees and Charges Comparison report for December 2025. The report highlights fees and services offered to Basic Bank Account (BBA) holders by local banks.  It shows that Letshego Bank Namibia and Nedbank Namibia charge N$4.70 when BBA clients transfer money through the cellphone banking (USSD) channel. First National Bank Namibia offers free point-of-sale purchases for all clients, including BBA holders.  Bank BIC, Bank Windhoek and Standard Bank Namibia allow free internal and external debit order payments…

Chamwe Kaira  Paladin Energy Limited will release its quarterly results for the period ended 31 December 2025 next week Wednesday.  The results will be published on the Australian Securities Exchange and made available on the SEDAR+ platform. Paladin is listed on the ASX, the Toronto Stock Exchange and the OTCQX, and is registered as an external company in Namibia. The company will host a quarterly results conference call after the release. At its annual general meeting in November, Paladin said the global uranium market outlook remains strong, supported by rising demand for nuclear energy linked to energy security concerns and…

Chamwe Kaira  Tsodilo Resources Limited has verified the presence of significant rare earth elements and critical minerals at its 100%-owned Gcwihaba Metals Project in northwest Botswana. The company said mineralisation was confirmed at the C26 and C27 targets following diamond core drilling.  These targets were first identified as geophysical anomalies through ground magnetic and gravity surveys. C26 and C27 are high-grade geological exploration targets, known as skarn anomalies, identified during drilling.  They contain cobalt along with rare earth elements, copper, nickel and vanadium. Tsodilo said drilling intersected skarn-hosted rare earth mineralisation at depths of between 20 and 50 metres below…

Staff Writer  Standard Bank Namibia has appointed Darius van Zyl as head of private bank & wealth, effective 5 January 2026. The bank said Van Zyl brings more than 15 years of experience in finance, corporate and international tax consulting, strategic leadership, and banking. A registered member of the Namibia Institute of Professional Accountants, the bank said he combines strong technical expertise with experience in delivering client-focused solutions. His academic background includes qualifications in accounting sciences, finance and taxation.  He recently completed a Master of Science degree in Psychology at Liverpool John Moores University in the United Kingdom, where his…

Staff Writer The African Diamond Producers Association (ADPA) has affirmed its support for India’s chairmanship of the Kimberley Process for 2026 and dismissed claims that African diamond-producing countries raised concerns over the appointment. The clarification follows an article published by Diamond World on 5 January 2026, which suggested that African producers were opposed to India assuming the role of Kimberley Process Chair. In a statement, ADPA congratulated India, an observer member of the association since 2025, on its election as Chair of the Kimberley Process.  The association said its member states remain committed to working closely with India to strengthen…

Staff Writer Maputo Port Development Company has announced its 2025 operational performance, reporting record volumes, expanded capacity and continued investment in Mozambique’s logistics system. In 2025, the Port of Maputo handled a historic all-time high of 32.0 million tonnes, up 3.4% from 30.9 million tonnes the previous year. The company said the performance confirms the port’s role as a key regional logistics hub and reflects the strength of the integrated port and corridor system. MPDC’s direct operations also reached a record level, with 15.2 million tonnes handled. This represents year-on-year growth of 6.4%, driven by ongoing investment in infrastructure, systems…