info_e12wt4cs – Page 2

23 Jan

Algeria seeks Namibia’s backing in election for the AU Commission chairmanship

info_e12wt4csNational News

Niël Terblanché President Nangolo Mbumba of Namibia welcomed Mohamed Meziane, Algeria's Minister of Communication and Special Envoy, at State House in Windhoek on Thursday. The Algerian envoy during the diplomatic engagement at State House in Windhoek sought to strengthen bilateral ties and secure strategic support from Namibia. Meziane delivered a personal letter from Algerian President Abdelmadjid Tebboune, seeking Namibia's endorsement for Algeria's candidate in the upcoming African Union (AU) Commission chairmanship elections. In response, President Mbumba reiterated the longstanding camaraderie between the two nations. "Namibia and Algeria have good relations; we have both full diplomatic representation in the capitals," he…

23 Jan

MTC Maris Cup to go ahead despite boycotting threats

info_e12wt4csFeatured, Sports

Erasmus Shalihaxwe The MTC Maris Cup competition round of 16 between Premier League clubs will proceed as scheduled, despite reports that some teams considered boycotting due to insufficient preparation funds. It was reported that several clubs intended to skip the games, citing that the N$30 000 provided to each team by the main sponsor, MTC, for preparations was inadequate to cover expenses such as transport and accommodation. Teams have also raised concerns about the distribution of the N$1.5 million prize money, arguing that the current winner-takes-all system does not fairly benefit all participating clubs. MTC’s corporate communication officer, Erasmus Nekundi…

23 Jan

NamWater unveils plan to address Opuwo water crisis

info_e12wt4csNational News

Niël Terblanché NamWater has unveiled a series of urgent measures to address the ongoing water supply challenges in Opuwo. The town in the Kunene region has been struggling with deteriorating water quality and insufficient supply NamWater’s spokesperson, Lot Ndamanomhata, in a statement on Thursday, said the national water utility has embarked on a combination of short-, medium-, and long-term initiatives aimed at ensuring reliable and sustainable access to potable water for the town’s residents. Ndamanomhata assured the community of NamWater’s commitment to resolving the crisis. “NamWater remains steadfast in its mission to provide reliable and safe drinking water to all…

23 Jan

Namibia to strengthen ICT ties with Angola, Zimbabwe & Zambia

info_e12wt4csNational News

Niël Terblanché Emma Theofelus, Namibia’s Minister of Information and Communication Technology, has announced plans to expand collaboration agreements with neighbouring countries Angola, Zimbabwe, and Zambia. The announcement was made during the ministry’s annual staff meeting in Windhoek on Thursday. “This initiative aims to harmonise mobile roaming fees, building on the successful reduction of roaming charges between Namibia and Botswana,” she said. Theofelus reiterated that the process of digital inclusion and cross-border connectivity is already in progress and being strengthened. “Our collaboration with Botswana is a demonstration of our efforts to deliver affordable communication services to all Namibians, which will ultimately…

23 Jan

‘We do not want engaged useless ministries’ – Daure Daman community

info_e12wt4csObserver Money

Martin Endjala A group of concerned Daure Daman community members from Uis in the Erongo region are demanding to see the president, refusing to engage with what they term “useless ministries.” This comes after the group travelled from Uis on Tuesday to present their grievances to President Nangolo Mbumba at the State House on Wednesday. They were denied an audience with the president. The executive director in the president’s private office, Moses Pakote, wrote a letter dated 23 January, directing attention to the group's request made on 20 January. The letter stated that the president had referred their concerns to…

23 Jan

Ramp up continues at Langer Heinrich

info_e12wt4csUncategorised

CHAMWE KAIRA The ramp-up of operations at the Langer Heinrich Mine (LHM) continued with operational gains embedded during the quarter ended 31 December 2024, Paladin Energy has announced. Following the successful completion of improvement works during the November planned plant shutdown, December 2024 recorded the highest monthly production volumes since the restart of commercial production at the LHM in March 2024. “Notable achievements from the planned shutdown included a significant improvement in recovery rates and the stabilisation of water supply to the plant. As of 31 December 2024, the company held US$166 million in unrestricted cash and short-term investments, along…

23 Jan

Namibia exported 180 000 live cattle to SA

info_e12wt4csObserver Money

CHAMWE KAIRA The country can consume only about 30% of its meat production, making it reliant on both regional and international export markets. According to the Red Meat Industry Report, prepared by the Bureau for Food and Agricultural Policy (BFAP) and released by Red Meat Industry Services, it was estimated that 2.8 million cattle would have been slaughtered in South Africa in 2024. The Livestock Producers Organisation (LPO) estimates that Namibia exported around 180 000 live cattle to South Africa in 2024, a year marked by emergency marketing and further herd liquidation. This represented approximately 6.4% of the cattle slaughtered…

23 Jan

Deep Yellow’s projects continue to progress

info_e12wt4csObserver Money

CHAMWE KAIRA The Deep Yellow team continues to progress key work streams to ensure that its most advanced projects, Tumas and Mulga Rock, remain on schedule with their stated timelines for production. Tumas is one of the most advanced greenfield uranium development projects available and provides an incredible value generation opportunity for the company and its stakeholders. “The company has a clear outlook from both a project and uranium market standpoint on how to best ensure the right platform is established for long-term success. Following delays in receiving final costing and quotes for detailed engineering work, along with the opportunity…

23 Jan

Door open for Namibia to export to SA

info_e12wt4csFeatured, Observer Money

CHAMWE KAIRA South Africa’s improved trade balance and economic stability in 2024 carry significant implications for Namibia, given the strong economic linkages between the two countries. The N$150 billion trade surplus achieved by South Africa, driven by lower imports and declining oil prices, enhances its purchasing power, potentially increasing demand for Namibian exports, a Simonis Storm Securities report has said. South Africa’s reduced imports of minerals, metals, and machinery could limit Namibia’s import-driven growth, although declining oil prices may alleviate input costs for Namibia’s imported goods, the firm stated. Simonis said the strengthening of the rand, driven by improved market…

23 Jan

Curro appoints executive for Walvis Bay Gymnasium

info_e12wt4csObserver Money

CHAMWE KAIRA Curro Holdings, the JSE-listed independent school group, has announced the appointment of Rickert Jacobs as the new executive head of Walvis Bay Gymnasium. With more than two decades of educational experience, Jacobs previously served as the head of high school at Curro Kathu in South Africa’s Northern Cape province. He says his aim is to ‘influence those in my sphere so that the game changers in our society can multiply’ and that his educational philosophy centres on empowering staff members to do the same. ‘I’m excited by the new opportunity to grow as a professional and to get…