Windhoek Observer

Justicia Shipena Old Mutual Namibia, through the Old Mutual Investment Group (OMIGNAM), currently manages over N$60 billion in assets across a broad range of strategies.  On 19 June 2025, the group launched the World Wide Equity Fund, offering Namibian investors a new entry point into global markets. The fund gives investors access to leading companies across developed and emerging markets. It focuses on sectors such as innovation, digital transformation, renewable energy, healthcare, and technology. Rex Mutelo, head of business development at OMIGNAM, said the fund is designed to provide broad global exposure.  “In today’s rapidly evolving economy, companies that lead…

Erasmus Shalihaxwe Affirmative Repositioning (AR) member of parliament Fredrick Shitana has proposed that commercial banks be required to provide public ablution facilities or risk losing their fitness certificates. Speaking during a parliament session on Wednesday, Shitana questioned why some businesses that serve the public for long hours are required to have public toilets to obtain a fitness certificate.  He asked why commercial banks seem to be exempt from this requirement. “To obtain a fitness certificate is to ensure that those institutions meet the acceptable standards of health and safety. In order to allow them to conduct business, certain categories of…

Justicia Shipena The ministry of health and social services has declared a cholera outbreak in the Opuwo District of the Kunene Region following confirmation of locally transmitted cases. Health minister, Dr Esperance Luvindao, made the announcement on Thursday during a media briefing in Windhoek.  She said eight suspected cases had been reported as of 18 June 2025.  Six of these, including one death, are from the same household. Two other suspected cases were identified in Opuwo and Otjimuhaka village.  Preliminary tests for those two came back negative.  Confirmatory tests for the first two cases were conducted by the National Institute…

Niël Terblanché NamPower has officially broken ground on the 100 MW Sores|Gaib Power Station, which will be Namibia’s largest solar power facility.  The station is being constructed 33 kilometres northwest of Rosh Pinah. NamPower managing director Kahenge Haulofu said the project is a major step toward expanding local electricity generation and reducing the country’s dependence on imports. “Our country has abundant sun, and we are ready to seize the opportunities that renewable energy offers,” he said. The name “Sores |Gaib”, meaning “Power of the Sun” in Khoekhoegowab, was chosen through an internal competition.  Haulofu said the name honours Namibia’s heritage…