Windhoek Observer

11164 Posts

OBSERVER DAILY | The coming shock: Why suspending deduction codes could hit Namibia hard

When the Namibian government announced that, effective 30 November 2025, it will suspend the deduction code system for public servants, the news landed like a thunderclap across the financial sector. On paper it may look like a simple administrative tweak, removing the ability for lenders and insurers to collect repayments directly from civil servants’ salaries. In reality, it threatens to upend a seven-billion-dollar ecosystem of term-lenders, microlenders and insurance providers whose business models hinge on deduction at source (DAS). The immediate poster-child of the disruption is Letshego Namibia, which according to Simonis Storm researcher Kara van den Heever originates 96%…
Read More
Willemse was Namcor’s ‘middleman’ to Enercon

Willemse was Namcor’s ‘middleman’ to Enercon

Justicia Shipena National Petroleum Corporation of Namibia (Namcor) corruption and bribery accused Kornelius “Cedric” Willemse served as a middleman between Namcor  and Enercon Namibia before being appointed as Namcor’s supply and logistics manager, the Anti-Corruption Commission (ACC) has told the court. ACC chief investigator Oberty Inambao testified during Willemse’s bail application on Monday.  He said Willemse acted as a consultant to Namcor when Enercon signed a fuel supply agreement with the company in 2021.  Willemse was later appointed permanently in June 2022 as supply and logistics manager. “From the evidence we obtained, Mr Willemse was an employee of Namcor throughout…
Read More
Tsumeb mine shaft rusts months after renovation

Tsumeb mine shaft rusts months after renovation

Renthia Kaimbi A project meant to preserve one of Tsumeb’s oldest landmarks and boost tourism has turned into a dispute over alleged misuse of funds and poor workmanship. The rehabilitation of the historic De Wet mining shaft, funded by a €100,000 (about N$2 million) donation from the German government, was completed only months ago.  Local residents have already raised concerns after rust began to appear on the structure five months after it was sandblasted, coated, and welded. The project was intended to make the shaft safe for visitors, but accusations now suggest that the work left the structure more vulnerable. …
Read More
Four local associations apply for ECN registration 

Four local associations apply for ECN registration 

Hertta-Maria Amutenja Four local associations in Namibia have applied for registration with the Electoral Commission of Namibia (ECN), signalling a growing mobilisation ahead of the next local authority elections. A government gazette published on September 11, 2025, lists the Association for Localised Interest—Swakopmund (ASOLI-Swakopmund), Walvis Bay Community Association (WBCA), Outjo Residents Association (ORA), and Grootfontein Rates and Taxpayers Association (GRTPA) as applicants under Section 148 of the Electoral Act, 2014.  The notices were signed by ECN chief electoral officer Peter Shaama on 5 September and published six days later. The gazette includes details of each association’s office-bearers, addresses, membership numbers,…
Read More
Defence ministry accused of neglecting soldiers’ welfare

Defence ministry accused of neglecting soldiers’ welfare

Allexer Namundjembo The Ministry of Defence and Veteran Affairs (MoDVA) is accused of failing to pay soldiers’ subsistence and travel allowance, with some members deployed to Katima Mulilo for the 26 Heroes' August Day parade allegedly receiving nothing. Sources within the ministry, who spoke on condition of anonymity, said ceremonial defence members often go without allowances, especially when deployed outside their duty stations.  “Only top military officials are receiving S&T, and if you’re not close to a senior officer, you won’t receive anything,” they said.  They also claimed that ceremonial soldiers sent to Katima Mulilo did not recieve allowances and…
Read More
Nust rejects anonymous corruption claims

Nust rejects anonymous corruption claims

Allexer Namundjembo The Namibia University of Science and Technology (Nust) has dismissed corruption allegations contained in anonymous letters circulating on social media, saying it will not act on unverified claims. Three weeks ago, a 40-page dossier surfaced online  accusing vice chancellor Erold Naomab and senior officials of syphoning millions through irregular procurement, reckless spending, and abuse of authority.  The document, allegedly addressed to Anti-Corruption Commission (ACC) director general Paulus Noa . It also flagged the absence of audited financial statements since 2019.  Among the allegations were nepotistic appointments, inflated contracts , favoritism in tenders,  a N$30 million “rebranding” project handled…
Read More
Swapo insists it remains financially strong

Swapo insists it remains financially strong

Renthia Kaimbi Swapo secretary of finance, Lucia Iipumbu, has rejected claims that the party’s assets have depreciated, saying recent reports on its financial state were misleading and lacked verification. In a recent statement, Iipumbu said references to asset depreciation were misplaced.  She explained that the financial notice published was only an abridged report of the political funding account, submitted to meet electoral act requirements, and did not include fixed assets that could depreciate. “These assets far exceed the meagre N$12 million,” she said, citing holdings such as Kalahari Holdings and other subsidiaries. She added that the figure of N$958 986…
Read More
Goreangab mall to be completed in April 2026

Goreangab mall to be completed in April 2026

Chamwe Kaira Oryx Properties  says construction of the Goreangab Mall development in Windhoek is on track for completion in April 2026.  The 14 500-square-meter mall will  serve the Goreangab suburb, the greater Katutura area, and surrounding communities.It will host more than 40 tenants and be anchored by Shoprite with 60% of the lettable space has already been secured.  “The mall is expected to enhance employment prospects significantly, with approximately 340 jobs created during construction, followed by 360 opportunities once it is operational. The development is expected to be completed by April 2026,” the group said. The shopping centre is the…
Read More
Nedbank funds the expansion of Aussenkehr vineyards

Nedbank funds the expansion of Aussenkehr vineyards

Chamwe Kaira Nedbank Namibia has signed a funding deal with Achill Island Investments (Pty) Ltd to support the expansion of horticultural production in the Aussenkehr Valley.  The partnership will back agricultural growth and promote sustainable farming in the south of the country. The funding will assist Achill Island Investments and its sister farm, Silverlands Vineyards, in growing their operations and strengthening sustainable practices.  Together, the farms cultivate more than 900 hectares of table grapes and date palms under the Silverlands brand. They employ about 4 000 people during peak season and supply premium produce to global markets. Silverlands Namibia forms…
Read More
Construction remain modest in Windhoek, Swakopmund

Construction remain modest in Windhoek, Swakopmund

Staff Writer Construction activity remained modest in Windhoek and Swakopmund during August, reflecting uneven momentum in both regions, according to Macro Pulse, an analyst at Simonis Storm Securities. Windhoek recorded a slowdown in approvals, dropping from 261 in July, the highest monthly figure this year, to 176 in August. Swakopmund saw a similar trend, with approvals declining from 99 to 81 over the same period.  From January to August, Windhoek averaged 171 approvals per month, while Swakopmund averaged 68, underscoring Windhoek’s role as the country’s primary growth hub. “However, Swakopmund’s gradual improvement compared to historical averages signals that the coastal…
Read More