Windhoek Observer

12983 Posts
Hollard Namibia launches gap cover for medical shortfalls

Hollard Namibia launches gap cover for medical shortfalls

Staff Writer  Hollard Namibia has launched Hollard Gap Cover as private healthcare costs continue to rise faster than inflation and salary growth. Medical aid often covers basic healthcare costs but does not always settle the full cost of services. “When this happens, members may face shortfalls between what their medical aid pays and what healthcare providers charge, leaving families to cover the difference out of pocket,” the company said. The company said these shortfalls can become more common as healthcare costs increase and medical aid funds try to balance affordability and the sustainability of benefits. Hollard Gap Cover is designed…
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NHP prioritises prevention to manage rising health risks

NHP prioritises prevention to manage rising health risks

Staff Writer   Namibia Health Plan (NHP), the largest medical aid fund in Namibia with about 80 000 members, says it will place a stronger focus on preventative healthcare to protect member health before illnesses become severe and costly to treat. The fund said it is seeing more cancer cases, including among younger people, as well as rising mental health conditions linked to stress. This approach forms part of NHP’s strategy to move beyond the traditional role of paying medical claims and to support members through early detection, wellness education, health risk management and timely intervention. NHP’s preventative healthcare programme includes…
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JSE earnings exceed R1 billion in 2025

JSE earnings exceed R1 billion in 2025

Chamwe Kaira  The JSE Limited has reported record financial results for the year ended 31 December 2025, with net profit after tax exceeding R1 billion for the first time. Net profit after tax rose 16.7% to R1.07 billion from R918 million in 2024. Headline earnings per share increased 17.7% to 1,328.9 cents from 1,128.6 cents the previous year. Earnings before interest, tax and depreciation increased by 15.5% to R1.38 billion. Return on equity improved to 22.0% from 20.2% in 2024. The exchange generated net cash from operations of R1.23 billion, up 12.3% from the previous year. The board increased the…
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Geopolitical tensions expose economic vulnerabilities

Geopolitical tensions expose economic vulnerabilities

It would be difficult to overstate the degree to which the global trading environment has deteriorated in early 2026. What began as a series of distinct geopolitical tensions – the protracted Russia-Ukraine conflict, deepening US-China rivalry, and the steady ratcheting up of protectionist trade measures – has now converged into a single, compounding set of risks.  The US-led military strikes on Iran in late February and Tehran’s subsequent declaration of war have added a volatile and unpredictable dimension to an already fragile global order. For a small, open, commodity-exporting economy like Namibia, these developments are not abstract.  They transmit directly…
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FirstRand says weaker dollar will support economies

FirstRand says weaker dollar will support economies

Staff Writer  FirstRand Limited says high commodity prices, a weaker US dollar and policy easing by the US Federal Reserve will support the macroeconomic environment in many of the countries where the group operates. The bank said this outlook remains in place despite geopolitical tensions and policy uncertainty in major global economies. In Namibia, the FirstRand Namibia Group owns FNB Namibia and RMB Namibia. FirstRand said the macroeconomic environment in South Africa is improving during the second half of the financial year. Progress on structural reforms continues, including measures that allow more private sector investment and the creation of more…
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Riruako calls for land quota for dispossessed communities

Riruako calls for land quota for dispossessed communities

Justicia Shipena  The chief of the Ovaherero Traditional Authority (OTA), Hoze Riruako, has proposed that the government consider a quota system to allow communities that lost land during colonial rule to access land again. Riruako made the proposal during a courtesy meeting with President Netumbo Nandi-Ndaitwah at State House on Thursday.  He said the proposal aims to address the long-standing issue of ancestral land without creating fear among other Namibians. “What we wanted to see reflected, especially in the national development plan, is a quota system that will allow those who have been completely disenfranchised of their land to get…
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Pilots petition against plan to close Erongo airspace 

Pilots petition against plan to close Erongo airspace 

Renthia Kaimbi The Aircraft Owners and Pilots Association of Namibia has launched an urgent petition opposing a proposal by the Namibian Defence Force to permanently close a large section of civilian airspace in the Erongo region. The proposal involves reclassifying FYM-401, a military operations area currently used by both civilian and military aircraft, into permanently prohibited airspace. The area covers a 30-nautical-mile radius around the Erongo Mountains and includes the towns of Omaruru, Karibib and Usakos. According to AOPA Namibia, the airspace covers about one million hectares and stretches from ground level to 25 000 feet. The association says the…
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Namibia refuses to bow to global anti-hunting lobby

Namibia refuses to bow to global anti-hunting lobby

Justicia Shipena  Environment, Forestry and Tourism minister Indileni Daniel says Namibia will continue to oppose international pressure from anti-hunting groups calling for a ban on trophy hunting.  Daniel said such campaigns threaten the country’s conservation model and communal conservancy programme. Daniel made the remarks in Parliament while responding to questions from Popular Democratic Movement (PDM) member of parliament Diederick Vries on the role of trophy hunting in Namibia’s economy and conservation system. Daniel said the pressure from international groups conflicts with Namibia’s philosophy of sustainable use of wildlife and could undermine conservation efforts if not addressed. The international hunting community…
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Cran clears new telecom tariffs and spectrum amendments

Cran clears new telecom tariffs and spectrum amendments

Allexer Namundjembo The Communications Regulatory Authority of Namibia (Cran) has approved new telecommunications tariffs and amended spectrum licence regulations. The decisions were published in the government gazette on 27 February.  Cran announced amendments to regulations governing fees for spectrum licences, certificates and examinations.  The changes update provisions contained in the regulations setting out fees for spectrum licences, certificates and examinations first published in 2020 and later amended in 2023. According to a notice signed by Cran board chairperson Tulimevava Mufeti, the amendments include changes to licence validity provisions and the introduction of a new radio frequency band. “The regulations are…
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VP calls for accountability in African parliaments

VP calls for accountability in African parliaments

Allexer Namundjembo Vice president Lucia Witbooi has urged African parliaments to strengthen oversight and accountability.She said strong and independent parliaments are key to safeguarding democracy and supporting development across the continent. Witbooi made the remarks on Thursday while officially opening the 90th executive committee meeting of the Commonwealth Parliamentary Association Africa Region in Swakopmund.The meeting brought together speakers of parliament, lawmakers and delegates from across Africa to discuss parliamentary governance and cooperation. Witbooi said parliaments must expand their role beyond passing laws and actively hold governments accountable.“For a country to be stable and grow in a way that lasts, it…
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