Windhoek Observer

12921 Posts
SACU inflows push international reserves higher

SACU inflows push international reserves higher

Chamwe Kaira Namibia’s international reserves increased to N$51.9 billion at the end of January 2026, supported by inflows from the Southern African Customs Union. The Bank of Namibia reported in its latest money and banking statistics that the official stock of reserves rose by 0.6% month-on-month. The increase was mainly driven by SACU receipts. At this level, reserves covered an estimated 3.3 months of imports. When excluding oil and gas exploration and appraisal imports, the cover stood at 3.8 months. The bank said the reserves were equal to 9.6 times the currency in circulation. They remain sufficient to maintain the…
Read More
Alexforbes urges investors to adapt to changing markets

Alexforbes urges investors to adapt to changing markets

Staff Writer Alexforbes Namibia has urged investors to rethink traditional strategies as markets become more complex and unpredictable. At its recent Investment Destination Seminar, the firm examined how investors can respond to global market volatility, technological change, geopolitical shifts and rising sustainability demands. These forces are reshaping markets and putting pressure on traditional portfolio models. A key focus of the seminar was the shift from single-manager investing to a multi-management approach. Instead of relying on one manager or one investment style, multi-management combines several specialist asset managers across asset classes, regions and strategies. This structure aims to lower concentration risk,…
Read More
Economists warn of revenue and debt risks if economy underperforms

Economists warn of revenue and debt risks if economy underperforms

Chamwe Kaira Simonis Storm has projected slower economic growth than the 3.1% forecast in the 2026/27 national budget. While the budget estimates growth of 3.1% in 2026, Simonis expects expansion of about 2.5%. Under this outlook, growth would remain concentrated in mining and logistics while domestic demand stays weak. The firm said weaker growth would reduce revenue performance and make deficit reduction more dependent on Southern African Customs Union receipts and global commodity prices. This would narrow the margin for fiscal stability and increase reliance on external factors. Simonis said fiscal consolidation alone will not address structural constraints in the…
Read More
Standard Bank urges strict discipline in budget rollout 

Standard Bank urges strict discipline in budget rollout 

Chamwe Kaira Standard Bank Namibia says the success of the 2026/27 national budget will depend on disciplined execution, tight spending control and timely structural reforms. In its technical review of the budget tabled on 26 February by finance minister Ericah Shafudah, the bank said the plan sets out a fiscally responsible but ambitious roadmap. It said results will depend less on projections and more on efficient implementation, stronger institutions and reforms that broaden the revenue base and support investment. The bank said the budget seeks to balance fiscal prudence with growth at a time of weak domestic and global conditions.…
Read More
Shafudah endorses national e-money payment system

Shafudah endorses national e-money payment system

Staff Reporter Instant Payments Namibia has welcomed support from finance minister Ericah Shafudah for the country’s new e-money rapid payment system. During her 2026/27 budget speech in the National Assembly, Shafudah reaffirmed the government's backing for the Instant Payment Solution, Namibia’s first national fast payment platform.  The system aims to modernise payments and expand access to financial services. The Ministry of Finance, the Bank of Namibia and payment service providers have worked on the project since its launch in 2024.  The programme focuses on improving financial inclusion through regulatory measures and a secure instant payment platform. In her budget address,…
Read More
Hinda-Mbuende sidelined over Namcor fuel station sale

Hinda-Mbuende sidelined over Namcor fuel station sale

Renthia Kaimbi Interim managing director of the National Petroleum Corporation of Namibia (Namcor), Maureen Hinda-Mbuende, says her removal is linked to her resistance to push to sell public assets. She claims she was removed for standing in the way of a plan to privatise 18 Namcor service stations. According to her, the proposed sale stems from a 2022 decision taken by the Cabinet committee on economic affairs, under former finance minister Iipumbu Shiimi. She argues that the committee was misled by incorrect data regarding the performance of the service stations. On Sunday, Namcor announced the end of Hinda-Mbuende’s tenure and…
Read More

YOUNG OBSERVER | #UNMUTED 

As we look toward Parliament next week, the air in Namibia is thick with anticipation. A new budget, a reformed healthcare system, and a rising tide of entrepreneurship in our regions all point to a single truth.  The New Namibia is no longer a distant promise because it is currently under construction by those willing to do the work. We are witnessing a moment where policy and possibility are finally converging, demanding a response from every citizen who has ever hoped for a more equitable society. Leading without a title is a concept we must now put into practice with…
Read More
YOUNG OBSERVER | Fuelling the high performer

YOUNG OBSERVER | Fuelling the high performer

Physical health is the primary engine of cognitive performance, yet the link between nutrition and daily productivity is often overlooked in the rush of a demanding professional schedule. To maintain high levels of focus and energy throughout the day, it is essential to view food as more than just a source of satiety because nutrition is the biological foundation that dictates mental clarity, decision-making capacity, and the ability to sustain effort over long periods. Whether managing a complex technical project, studying for advanced professional qualifications, or navigating a fast-paced corporate environment, your output is intrinsically tied to your metabolic input.…
Read More
YOUNG OBSERVER | The N$100 billion conversation

YOUNG OBSERVER | The N$100 billion conversation

This week, the minister of finance stepped up to the podium in Parliament to table the 2026/27 national budget. For many young Namibians, this moment often feels like a distant exercise in accounting—a series of dry numbers and complex fiscal terms that belong to the world of politicians and economists. However, in a year defined by shifting energy landscapes and a total transformation in how we access education and healthcare, this budget is the most important document you will not read. It is the blueprint for your economic survival and the primary tool that will determine whether the "New Namibia"…
Read More
YOUNG OBSERVER | From Ohangwena to the world

YOUNG OBSERVER | From Ohangwena to the world

The ecosystem of opportunity in Namibia is undergoing a radical shift as the traditional focus on the central administrative hub of Windhoek begins to give way to a more decentralised and inclusive model of economic empowerment. At the heart of this transformation is the Ohangwena Regional Governor’s Office, which has recently secured a landmark partnership with the Tony Elumelu Foundation to launch a dedicated entrepreneurship programme for the 2026 cycle. This collaboration is not merely a regional win but a national milestone that demonstrates the power of local government acting as a sophisticated bridge to global philanthropic capital. For the…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.