Windhoek Observer

12117 Posts
Walvis Bay municipality apologises to former CEO

Walvis Bay municipality apologises to former CEO

Niël Terblanché The municipality of Walvis Bay has apologised to its former chief executive officer, Muronga Haingura, bringing an end to a N$1.5 million civil lawsuit he had lodged against the local authority over allegations linking him to financial mismanagement. Haingura, who was accused of involvement in a scandal surrounding the Mass Land Servicing Project, agreed to withdraw his case at the Windhoek High Court last Tuesday, on condition that the municipality formally issue a formal public apology clearing his name. The allegations, which emerged in 2020, suggest that N$24 million from the housing scheme was either missing or misappropriated.…
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Shinima lose WBC title fight

Shinima lose WBC title fight

Erasmus Shalihaxwe Namibian professional boxer, Charles Shinima fell short in his bid for the World Boxing Council (WBC) super welterweight title against South African boxer, Brandon Thysse over the weekend. The fight took place at Emperors Palace in Kempton Park, Johannesburg.  Shinima suffered his second professional loss as the judges awarded the victory to Thysse in a closely contested match, crowning the South African the new super welterweight champion.  Shinima’s first loss came in March 2024 against Denis Nurja, when he sustained an injury during the fight. Reflecting on the match against Thysse, Shinima said he believed he did enough…
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FNB Women’s Super League to resume this week

FNB Women’s Super League to resume this week

Erasmus Shalihaxwe The Women’s Super League will return this week as sports activities in the country resume.  The first match will take place on Friday at the Namibia Football Association (NFA) Technical Stadium in Windhoek, where Beauties Football Club will face Football Club Ongos Ladies.   On Saturday, African Stars Queens Football Club will play Windhoek City Soccer Club at Uukwagula Stadium in Uukwagula. UNAM Bokkies Football Club will host Namib Daughters FC at the Unam Stadium at 11h00.  Julinho Athletic Ladies FC will meet VPower Angels FC at the NFA Technical Stadium, while Arrows Ladies FC will compete against Okahandja…
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Swapo commemorates Nujoma’s legacy with statue

Swapo commemorates Nujoma’s legacy with statue

Allexer Namundjembo Swapo unveiled a statue of founding President Sam Nujoma and named a square after him at the party’s headquarters on Thursday. The new Nujoma statue was revealed during a brief stop by the procession carrying his body. There are three other statues of Nujoma in Windhoek: One on top of the Swapo headquarters, one at the Genocide Memorial, and another at the Independence Memorial Museum.  At the Independence Memorial Museum, Nujoma’s bronze statue faces the capital city, holding a copy of the Namibian Constitution. Swapo’s Vice President Netumbo Nandi-Ndaitwah stated that the new statue honours Nujoma as the…
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Fisheries official appears in court in fishing quotas scandal

Fisheries official appears in court in fishing quotas scandal

Ester Mbathera  An official from the policy, planning, and economic department in the Ministry of Fisheries and Marine Resources appeared in the Walvis Bay Magistrate’s Court on Monday for allegedly defrauding a company named Razorbill Investment (PTY) of N$29.9 million. Cecilia Nakale (52) appeared alongside Victoria George (34), Abisai Ndeuyema (34), and Elizabeth Shikongo (30) before Magistrate Vicky Nicolaides.  A fifth suspect in the matter appeared in the Ondangwa Magistrate’s Court. Nakale works in the directorate responsible for managing fishing rights, allocating fishing quotas, issuing vessel licenses, and in coordinating the overall planning for the ministry.  Questions sent to the…
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Road closures, parking and airspace restrictions for Nujoma funeral

Road closures, parking and airspace restrictions for Nujoma funeral

Niël Terblanché Residents of Windhoek will have to look for alternative routes to avoid getting stuck in traffic during the street procession of official vehicles while the memorial and funeral services for Founding President Sam Nujoma, Friday and Saturday, are in progress. In this regard, the Namibian Police (NamPol) issued a public notice on Thursday detailing road closures and designated parking areas ahead of the memorial and funeral proceedings for Nujoma. Deputy Commissioner Kauna Shikwambi, head of NamPol’s Public Relations Division, confirmed that temporary road closures and traffic diversions will be in place from Thursday to Saturday to ensure a…
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Transport arrangement for Nujoma memorial attendees

Transport arrangement for Nujoma memorial attendees

Free public transport will be available in Windhoek for people who want to attend the memorial and burial services of the late Founding President, Dr Sam Nujoma. The memorial service will be held at Independence Stadium, with gates opening at 07h30. Public transport will commence from 05h00, with municipal buses ferrying attendees from various pick-up points across the city. The Funeral at Heroes Acre will take place on Saturday and members of the public can again make use of the same pick-up points where buses will collect them from 05h00. The pick-up points will be located at the following venues:…
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Parliament orders probe into NBC finances

Parliament orders probe into NBC finances

Hertta-Maria Amutenja  The Ministry of Information and Communication Technology has been directed to conduct a forensic audit of the operations and financial affairs of the Namibian Broadcasting Corporation (NBC) following allegations of financial mismanagement and non-compliance with labour laws. According to a parliamentary report seen by the Windhoek Observer, the audit will specifically examine the N$5.4 million in performance bonuses paid to NBC executives and the N$1.9 million spent on a vehicle for the director general. “The Ministry of Information and Communication Technology and NBC were reluctant to find a lasting and amicable solution to the strike. NBC Management paid…
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Capricorn Group’s profit reach N$1.06 billion

Capricorn Group’s profit reach N$1.06 billion

CHAMWE KAIRA  The Capricorn Group delivered strong financial results with profit after tax for the six-month period ended. 31 December 2024, increasing by 28.4% to N$1.06 billion, compared to N$827.6 million in the same period last year. This translates to a 29.1% rise in earnings per share to 196.80 cents. The annualised return on equity also improved from 16.8% to 19.1%. The performance is due to excellent results and solid all-round performances by its subsidiaries, Bank Windhoek, Bank Gaborone, Capricorn Asset Management (CAM), Entrepo, and Peo Finance, said David Nuyoma, Group CEO. Operating profit for the half year increased by…
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Asian growth expected to drive 60% rise in LNG

Asian growth expected to drive 60% rise in LNG

Global demand for liquefied natural gas (LNG) is forecast to rise by around 60% by 2040, largely driven by economic growth in Asia, emissions reductions in heavy industry and transport as well as the impact of artificial intelligence, according to Shell’s LNG Outlook 2025. Industry forecasts now expect LNG demand to reach 630-718 million tonnes a year by 2040, a higher forecast than last year. Global LNG trade grew by only 2 million tonnes in 2024, the lowest annual increase in 10 years, to reach 407 million tonnes due to constrained new supply development. More than 170 million tonnes of…
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