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Chamwe Kaira Celsius Resources has begun drafting non-binding agreements for a potential deal with a strategic partner to sell its 95% interest in the Opuwo Project. The company said it continues to look for a suitable buyer after previous sale attempts were not completed.  “No significant activities have been undertaken for the Opuwo Project in this past year,” Celsius announced. The Opuwo Cobalt Project, held under Celsius’ Namibian subsidiary Opuwo Cobalt Holdings (Pty) Ltd, is located about 730 kilometres northwest of Windhoek. Exploration permits for the project have been under renewal since early 2025 and are expected to be finalised…

Staff Writer Simonis Storm Securities has reaffirmed its positive outlook on Namibian bonds, identifying those with 5- to 10-year maturities as the “sweet spot” for investors seeking yield, stability, and policy clarity. The firm said its strongest conviction lies in government bonds maturing between 2028 and 2032 (GC28–GC32), which currently offer yields of between 8.5% and 9.3%. These bonds trade at spreads of 64 to 114 basis points over similar South African bonds. “This segment offers the most attractive blend of carry and roll-down,” Simonis Storm said, adding that the assurance of a 6.50% repo floor through 2026 provides “clarity…

Chamwe Kaira Nictus Holdings is entering an expansion phase that will require investment in new projects and capital across its subsidiaries. These include Auas Motors, Nictus Furniture, Build It, and Tiger Wheel & Tyre. The board said it has reviewed the group’s performance, future capital needs, and growth plans, and recognised that the company is entering a new phase of expansion. “To support these opportunities and ensure sustainable shareholder value creation, the board has resolved to retain a portion of the current year’s earnings. This approach balances shareholder returns with the need to maintain financial flexibility for the group’s strategic…

Airlink has concluded its lease agreement with Azorra following the formal acceptance of the first three of ten new Embraer E195-E2 jetliners. The lease agreement, finalised in August, involves Azorra, a Fort Lauderdale-based leasing and asset management firm, providing the newly built aircraft to the Johannesburg-headquartered airline. The deal strengthens Airlink’s existing all-Embraer fleet. The new aircraft, which seats up to 136 passengers in a two-by-two cabin layout, will increase capacity on high-demand routes such as Johannesburg–Cape Town. The E195-E2’s extended range will also allow Airlink to explore new routes and connect more destinations across sub-Saharan Africa. In 2024, Qatar…