Windhoek Observer

13297 Posts
Nation mourns MP Uerikua

Nation mourns MP Uerikua

Patience Makwele The death of Swapo member of parliament James Uerikua and his son in a car crash has shaken Namibia.  James (43) and his 14-year-old son, Venturo Uerikua, died on Friday over the Easter weekend in a crash on the C22 road between Otjiwarongo and Okakarara. According to the police report from the weekend, the accident occurred around 12h55 when a white Toyota Land Cruiser allegedly lost control after a rear tyre burst and overturned. “It is alleged that the driver lost control over the vehicle after the rear tyre bust and it overturned,” the report states. Police said…
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Public question new deputy minister pick

Public question new deputy minister pick

Allexer Namundjembo  The appointment of new deputy ministers has triggered debate over whether formal qualifications should carry more weight in senior government positions. The criticism has focused on the newly appointed deputy minister of justice and labour relations, Theresia Brandt.  Brandt also serves as the councillor for Daures Constituency and a member of the National Council.  Her profile on the National Council portal does not list any formal qualification, prompting questions from some members of the public about her suitability for the portfolio. Former Omuthiya councillor Nghipudilo ya Shiindi is among those who publicly questioned the appointment. “We are not…
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Sewer systems fail 80% of housing needs

Sewer systems fail 80% of housing needs

Justicia Shipena  About 80% of sewer systems across the country's 59 local authorities cannot support new housing.  This was revealed by urban and rural development minister James Sankwasa while presenting his ministry’s 2026/2027 budget in parliament. “80% of our 59 local authorities' sewer infrastructure cannot accommodate new housing constructions because of the incapacity of the existing dilapidated sewer infrastructure,” he said. Sankwasa said ageing infrastructure has become a major barrier to housing delivery and the upgrading of informal settlements. He said towns such as Okahandja, Rundu, Ongwediva, Oshakati, Ondangwa, Katima Mulilo, Windhoek and Walvis Bay need urgent upgrades to bulk…
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APOS chief calls for local control in oil sector

APOS chief calls for local control in oil sector

Patience Makwele Africa Provider Offshore Services (APOS) chief executive Veronique Hermans said Namibia stands at a “critical turning point”, as offshore discoveries in the Orange Basin attract global attention and investment. Her comments come as momentum builds around the development of major oil and gas discoveries. “Participation must occur on a level playing field,” Hermans said, stressing that both local and foreign companies must comply with Namibian tax and labour laws. She said enforcing these rules is key to ensuring oil revenues flow into state coffers and support priorities such as infrastructure, healthcare and education. The government has indicated it…
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Over 260 SMEs trained in finance skills

Over 260 SMEs trained in finance skills

Staff Writer  More than 260 small business owners in Namibia have completed financial management training aimed at helping them grow and sustain their businesses. The training, supported by Coca-Cola Beverages Africa (CCBA), focused on practical skills such as cash flow management, budgeting and record-keeping. According to the programme, 145 women, 96 youth and 26 people living with disabilities were among those trained. Coca-Cola's public affairs, communication and sustainability director in Namibia Ockert Jansen said the initiative is part of the company’s broader effort to support local communities and entrepreneurs. “At CCBA in Namibia, we focus on making a real impact…
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James Uerikua: When the future dies young

The cruel hand of fate has once again visited our nation with a sorrow too heavy to bear. The tragic passing of James Uerikua, a young, vibrant servant of the people, alongside his son, has left Namibia reeling in disbelief. When death comes for the old, we mourn a life completed. But when it comes to the young, we are left grasping for meaning in the unfinished. There is a line in Romeo and Juliet by William Shakespeare that echoes hauntingly in moments such as these: “Death lies on her like an untimely frost upon the sweetest flower of all…
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Cash position in the banking system rose to N$7.4 billion in 2025

Cash position in the banking system rose to N$7.4 billion in 2025

Chamwe Kaira  Namibia’s banking sector maintained a strong liquidity position in 2025, supported by steady cash inflows and easing monetary policy, even as government borrowing increased, the Bank of Namibia (BoN) said. The overall cash position in the banking system rose by 5% to N$7.4 billion in 2025, compared to the average recorded in 2024.  This includes funds held locally and in South African accounts. The increase was driven by government spending and proceeds from diamond sales. Over the past five years, liquidity levels remained high. The 2025 figure is the second-highest after N$8.2 billion recorded in 2023.  The lowest…
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NSX records solid start to April

NSX records solid start to April

Chamwe Kaira  The Namibia Securities Exchange (NSX) delivered a positive performance for the period 30 March to 2 April, with the overall index posting solid gains alongside a strong showing in select sectors. The NSX overall index increased by 3.35% to close at 2 198.69 points, up from 2 127.37 points the previous week. This marks a gain of 71.32 points and brings growth since December 2025 to 2.68%. The NSX local index also rose, increasing by 0.29% to 820.03 points from 817.63 points. The index has now gained 1.52% since the start of the year and reached its highest…
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Namibia made transactions worth N$1.36 trillion

Namibia made transactions worth N$1.36 trillion

Chamwe Kaira  Settlement activity in Namibia increased in 2025, with higher transaction volumes and values recorded across the payment system, the Bank of Namibia said. The total value of transactions processed through the real-time gross settlement system reached N$1.36 trillion across 109 002 transactions. This is an increase of N$92.6 billion, or 7.3%, and 8 431 more transactions, up 8.4% from 2024. The growth reflects increased high-value payment flows and continued use of the Namibia Interbank Settlement System. The central bank continued oversight of clearing operations. Namclear remained the only clearing service provider, handling interbank electronic funds transfers and card…
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Grindrod hails Walvis Bay bulk terminal warehouse facility

Grindrod hails Walvis Bay bulk terminal warehouse facility

Chamwe Kaira  The Grindrod Limited has said in the annual report for the financial year ended 31 December 2025 that its new 4 000m² bulk terminal warehouse facility in the Port of Walvis Bay in 2025 marked a significant collaboration between Grindrod and Namport. The company said the facility is aimed at improving efficiency at the port and strengthening Walvis Bay’s role as a trade gateway to the west coast of Africa and neighbouring inland countries. Grindrod operates in Namibia across clearing and forwarding, cross-border and project logistics, marine engineering, marine technology and servicing, ships' agency, stevedoring and terminals. The…
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