Windhoek Observer

Staff Writer  Anglo American’s long-anticipated merger with Teck Resources moved closer to completion after shareholders overwhelmingly approved key resolutions at a general meeting on 9 December 2025.  The vote gives strong backing to the formation of Anglo Teck, which is set to become one of the most influential companies in the global critical minerals sector. Anglo American has a significant presence in Namibia through its 50/50 partnership with the government in De Beers, operating Namdeb on land and Debmarine offshore, as well as the Namibian Diamond Trading Company. Both resolutions needed to implement the merger of equals passed with large…

Staff Writer The International Air Transport Association (IATA) says governments are blocking US$1.2 billion in airline funds from repatriation as of the end of October.  The figure shows a small improvement of US$100 million since April, but 93% of the trapped funds remain in Africa and the Middle East. IATA has urged governments to remove all restrictions on currency repatriation and allow airlines access to their revenues in US dollars. These revenues come from ticket sales, cargo sales and other activities and are protected under bilateral air service agreements and treaty commitments. Restrictions affecting airlines include delays in approval, inconsistent…

STAFF WRITER The Industrial Development Corporation of South Africa (IDC) has taken another step in its drive to finance industrial growth after receiving approval from the Johannesburg Stock Exchange (JSE) Limited to list a new financial instrument under its Domestic Medium Term Note Programme. The listing signals investor confidence in IDC and supports the organisation’s continued focus on development funding. The programme has an authorised size of N$50 billion, with more than N$36 billion already issued. The IDC’s latest note, designated IDC01, carries a nominal value of N$500 million. It was issued at par and structured as a floating-rate note.…

Emda Fourie  Financial security is no longer just about retirement; it’s about resilience throughout life. Rising living costs, evolving family structures, and longer lifespans mean that financial planning must address both the present and the future. What happens during a person’s working years is just as important as what happens after retirement. Employee benefits are central to this conversation. Too often underestimated or misunderstood, they provide practical protection for working Namibians and their families. When well-designed and clearly communicated, these benefits help individuals navigate both expected and unexpected events without falling into financial distress. Globally, pooled retirement arrangements improve access…