Windhoek Observer

Chamwe Kaira  The Namibian Securities Exchange (NSX) recorded a recovery on Wednesday, with most indices closing higher after a weaker performance the previous day. The JSE all share index rose by 3.96% to close at 119 524.15 points, reversing a 0.99% decline recorded on 7 April.  The increase added 4 556.45 points in one session and pushed the index into positive territory for the year, with a 3.19% gain since December 2025. The NSX overall index also increased, rising by 3.90% to 2,276.79 points after a 0.34% decline in the previous session.  The index is now up 6.33% since the…

Staff Writer Organisers of the fourth Namibia Oil and Gas Conference and Exhibition have opened the call for speakers for the second Namibia Technical Conference. The event will take place in Windhoek from 19 to 21 August 2026. Abstract submissions close on 15 May 2026. The technical conference forms part of the main event. It will focus on technical work, field experience and future plans across the oil and gas sector. The organisers have invited submissions from industry professionals, researchers, innovators, and policymakers. Topics include engineering, project development, operations, offshore petroleum work, and market and financial trends. All submissions will…

Chamwe Kaira  The Namibian Competition Commission (NaCC) has approved the acquisition of Novaship Namibia by Murrelets Investments, with conditions linked to employment protection. Murrelets Investments will acquire 100% of the shares in Novaship Namibia.  The acquiring company is based in Namibia and has interests in the fishing sector, including management services, investments in fishing companies and shareholdings in related service providers. Novaship Namibia operates in the maritime services sector. It provides ship agency, clearing and forwarding services in Walvis Bay, as well as marine safety and handling services in Walvis Bay and Lüderitz. The commission classified the deal as a…

Staff Writer A Namibian startup has been selected for the fourth edition of the Qualcomm Incorporated Make in Africa Mentorship Programme, placing the country among 10 chosen across the continent. The programme selected 10 early-stage startups from more than 1 200 applications submitted from over 45 African countries.  It forms part of the Qualcomm Africa Innovation Platform, which supports technology startups. Namibia is represented by Amperra Charging Company. The company is developing an AI-driven electric vehicle charging system designed to adapt to power grid conditions and support electric mobility in Africa. The mentorship programme provides training, technical support and access…