Windhoek Observer

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NamWater unveils plan to address Opuwo water crisis

NamWater unveils plan to address Opuwo water crisis

Niël Terblanché NamWater has unveiled a series of urgent measures to address the ongoing water supply challenges in Opuwo. The town in the Kunene region has been struggling with deteriorating water quality and insufficient supply NamWater’s spokesperson, Lot Ndamanomhata, in a statement on Thursday, said the national water utility has embarked on a combination of short-, medium-, and long-term initiatives aimed at ensuring reliable and sustainable access to potable water for the town’s residents. Ndamanomhata assured the community of NamWater’s commitment to resolving the crisis. “NamWater remains steadfast in its mission to provide reliable and safe drinking water to all…
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Namibia to strengthen ICT ties with Angola, Zimbabwe & Zambia

Namibia to strengthen ICT ties with Angola, Zimbabwe & Zambia

Niël Terblanché Emma Theofelus, Namibia’s Minister of Information and Communication Technology, has announced plans to expand collaboration agreements with neighbouring countries Angola, Zimbabwe, and Zambia.  The announcement was made during the ministry’s annual staff meeting in Windhoek on Thursday. “This initiative aims to harmonise mobile roaming fees, building on the successful reduction of roaming charges between Namibia and Botswana,” she said. Theofelus reiterated that the process of digital inclusion and cross-border connectivity is already in progress and being strengthened. “Our collaboration with Botswana is a demonstration of our efforts to deliver affordable communication services to all Namibians, which will ultimately…
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‘We do not want engaged useless ministries’ – Daure Daman community

‘We do not want engaged useless ministries’ – Daure Daman community

Martin Endjala A group of concerned Daure Daman community members from Uis in the Erongo region are demanding to see the president, refusing to engage with what they term “useless ministries.” This comes after the group travelled from Uis on Tuesday to present their grievances to President Nangolo Mbumba at the State House on Wednesday. They were denied an audience with the president. The executive director in the president’s private office, Moses Pakote, wrote a letter dated 23 January, directing attention to the group's request made on 20 January. The letter stated that the president had referred their concerns to…
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Ramp up continues at Langer Heinrich

Ramp up continues at Langer Heinrich

CHAMWE KAIRA  The ramp-up of operations at the Langer Heinrich Mine (LHM) continued with operational gains embedded during the quarter ended 31 December 2024, Paladin Energy has announced.  Following the successful completion of improvement works during the November planned plant shutdown, December 2024 recorded the highest monthly production volumes since the restart of commercial production at the LHM in March 2024.  “Notable achievements from the planned shutdown included a significant improvement in recovery rates and the stabilisation of water supply to the plant. As of 31 December 2024, the company held US$166 million in unrestricted cash and short-term investments, along…
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Namibia exported 180 000 live cattle to SA

Namibia exported 180 000 live cattle to SA

CHAMWE KAIRA  The country can consume only about 30% of its meat production, making it reliant on both regional and international export markets.  According to the Red Meat Industry Report, prepared by the Bureau for Food and Agricultural Policy (BFAP) and released by Red Meat Industry Services, it was estimated that 2.8 million cattle would have been slaughtered in South Africa in 2024.  The Livestock Producers Organisation (LPO) estimates that Namibia exported around 180 000 live cattle to South Africa in 2024, a year marked by emergency marketing and further herd liquidation.  This represented approximately 6.4% of the cattle slaughtered…
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Deep Yellow’s projects continue to progress

Deep Yellow’s projects continue to progress

CHAMWE KAIRA  The Deep Yellow team continues to progress key work streams to ensure that its most advanced projects, Tumas and Mulga Rock, remain on schedule with their stated timelines for production. Tumas is one of the most advanced greenfield uranium development projects available and provides an incredible value generation opportunity for the company and its stakeholders.  “The company has a clear outlook from both a project and uranium market standpoint on how to best ensure the right platform is established for long-term success. Following delays in receiving final costing and quotes for detailed engineering work, along with the opportunity…
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Door open for Namibia to export to SA

Door open for Namibia to export to SA

CHAMWE KAIRA  South Africa’s improved trade balance and economic stability in 2024 carry significant implications for Namibia, given the strong economic linkages between the two countries.  The N$150 billion trade surplus achieved by South Africa, driven by lower imports and declining oil prices, enhances its purchasing power, potentially increasing demand for Namibian exports, a Simonis Storm Securities report has said. South Africa’s reduced imports of minerals, metals, and machinery could limit Namibia’s import-driven growth, although declining oil prices may alleviate input costs for Namibia’s imported goods, the firm stated.  Simonis said the strengthening of the rand, driven by improved market…
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Curro appoints executive for Walvis Bay Gymnasium

Curro appoints executive for Walvis Bay Gymnasium

CHAMWE KAIRA  Curro Holdings, the JSE-listed independent school group, has announced the appointment of Rickert Jacobs as the new executive head of Walvis Bay Gymnasium.  With more than two decades of educational experience, Jacobs previously served as the head of high school at Curro Kathu in South Africa’s Northern Cape province. He says his aim is to ‘influence those in my sphere so that the game changers in our society can multiply’ and that his educational philosophy centres on empowering staff members to do the same.  ‘I’m excited by the new opportunity to grow as a professional and to get…
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Bannerman appoints new executives

Bannerman appoints new executives

CHAMWE KAIRA  Bannerman Energy Ltd has appointed Felicity Gooding as a non-executive director, the company has announced.  The company said Gooding is a proven senior finance executive with over 20 years of experience in senior finance and management roles within multinational and ASX-listed organisations, based in both Australia and internationally.  “Her core areas of expertise include strategic and financial analysis, debt funding, corporate finance, mergers and acquisitions and sustainability reporting. She has deep experience across a range of key industry sectors, notably green energy, mining, infrastructure, consumer goods, agriculture and philanthropy,” the company said.  Commenting on Gooding’s appointment, Bannerman executive…
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Paladin Energy announces stable cash flow

Paladin Energy announces stable cash flow

CHAMWE KAIRA  The external debts on the books of Paladin Energy, which owns the Langer Heinrich, are the secured debt facility entered into with Nedbank CIB and Macquarie Bank Limited.  This was contained in the company’s quarterly cash flow report for the period ending 31 December 2024.  The facilities are a US$100 million amortising term loan (term facility) with a 5-year term and a US$50 million revolving credit facility (revolving facility) with a three-year term (with two options to extend by 12 months). CNNC Overseas Limited (CNOL) acquired their interest in Langer Heinrich Uranium (LHU) in 2014 and were assigned…
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