Windhoek Observer

Staff Writer Bank Windhoek has reaffirmed its commitment to expanding access to property ownership in Northern Namibia, citing promising growth in property finance through estate agents and calling for coordinated action to increase the supply of serviced land, accelerate infrastructure rollout, and improve affordability for first-time buyers. Speaking at the Bank Windhoek Northern Estate Agents’ Awards hosted in Oshakati, Leon Koch, the bank's executive officer of business banking and acting executive officer of retail banking services, said Northern Namibia remained the country’s most active property market in 2025.  He cautioned that shortages of especially serviced land are constraining delivery, urging…

Staff Writer Trustco Group Holdings Limited says its legal disputes with Helios Oryx Limited and the Namibia Revenue Agency (NamRA) remain unresolved. In an update to shareholders, the company said both matters, first disclosed in its 2023 financial statements, are still before the courts or under review. Trustco said the Helios case is ongoing and subject to further legal processes. A British court earlier ordered Trustco to pay about N$371 million to Helios. The judgement was later allowed to be enforced in Namibia. Trustco has appealed the ruling. The company stated that legal channels are still handling related proceedings and…

Staff Writer MTC Namibia has launched four LTE network sites at Rössing Uranium Limited to improve connectivity at the mine. The sites were installed at the request of Rössing to address areas with weak or no network coverage. The project introduces four LTE sites across the mine to provide mobile voice and high-speed data services in key operational areas. The network is designed to support communication in an environment where reliable connectivity is needed for safety and daily operations. MTC managing director Licky Erastus said the project improves how teams work on site. “This project is about improving how people…