Windhoek Observer

12468 Posts
Elindi brothers say magistrate used wrong evidence to deny bail

Elindi brothers say magistrate used wrong evidence to deny bail

Allexer Namundjembo Businessmen Peter Elindi and his brother Malakia Elindi have appealed against the Magistrates Court’s decision to deny them bail in the Namcor fraud and corruption case. The brothers were arrested last year with four other co-accused following an investigation by the Anti-Corruption Commission (ACC) into fuel supply contracts linked to the National Petroleum Corporation of Namibia (Namcor). In written heads of argument filed in the Windhoek High Court and seen by the Windhoek Observer, their lawyers, led by Sisa Namandje, argue that the decision to refuse bail was based on misrepresentations and a selective reading of the evidence.…
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Man accused in headmen shooting remanded in custody

Man accused in headmen shooting remanded in custody

Allexer Namundjembo A 59-year-old man accused of fatally shooting Onelago village headman Sam Nepando and injuring Iikokola village headman and National Planning Commission (NPC) executive director I-Ben Nashandi made his first court appearance in the Ondangwa Magistrate’s Court on Monday.  The accused, Sinskus Johannes, was remanded in custody.  The case was postponed to allow the prosecution and defence to prepare further submissions. The shooting occurred on 2 January during a community court session at Johannes’ homestead in the Oshikoto Region. The two traditional leaders had gone to address a land dispute. An eyewitness, David Nangombe, told the Namibian Sun that…
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Private credit extension expected at 4.5% to 5% range

Private credit extension expected at 4.5% to 5% range

Chamwe Kaira Credit and liquidity data for November 2025 show that monetary easing continues to support Namibia’s economy, though growth has slowed after one-off liquidity adjustments, according to financial services firm Simonis Storm. Private Sector Credit Extension (PSCE) slowed to 4.5% year on year in November, down from 4.7% in October.  The moderation reflects softer borrowing by both companies and households following liquidity effects linked to the Eurobond redemption.  Despite the slowdown, PSCE remains well above the weak levels recorded in 2023 and early 2024, pointing to improved credit conditions rather than a downturn. Simonis Storm expects PSCE growth to…
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Anglo American updates on asset sales and portfolio restructuring

Anglo American updates on asset sales and portfolio restructuring

Staff Writer Anglo American plc has given an update on its portfolio restructuring plan announced on 14 May 2024, aimed at unlocking value and improving returns for shareholders. The mining group said it is making progress and meeting its post-offer commitments linked to Nickel, Anglo American Platinum, Steelmaking Coal, De Beers and Crop Nutrients. Anglo American confirmed it remains on track with the sale of its nickel business. The company announced on 18 February 2025 that it had signed a binding agreement to sell the business to MMG Singapore Resources Pte. Ltd, a subsidiary of MMG Limited, for cash consideration…
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More fuel used, more businesses started in Q3 2025

More fuel used, more businesses started in Q3 2025

Chamwe Kaira Fuel consumption in Namibia increased during the third quarter of 2025, pointing to firmer economic activity, according to the Bank of Namibia’s (BoN) third-quarter economic indicators. BoN said total fuel consumption rose by 7.2% year-on-year to 320 million litres during the quarter.  The increase was driven by higher demand for diesel and petrol, which grew by 4.8% and 13.5%, respectively. On a quarter-on-quarter basis, total fuel consumption increased by 7.3%. Business registrations also recorded strong growth during the quarter. BoN, which treats business registrations as a leading indicator of future economic activity, reported that new registrations rose by…
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Curro to delist from JSE after buyout 

Curro to delist from JSE after buyout 

Staff Writer Curro Holdings Limited, which operates three schools in Namibia, will be delisted from the Johannesburg Stock Exchange (JSE) after the implementation of a scheme of arrangement that enables its acquisition by the Jannie Mouton Stigting. Curro said all suspensive conditions linked to the scheme have been fulfilled or waived, making the transaction unconditional.  Shareholders approved the scheme by the required majority at a general meeting held on 31 October 2025. Under the transaction, shareholders listed on the register on the scheme consideration record date will receive payment made up of a cash portion and a share portion.  The…
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‘Land board failures behind Ondonga shooting’ – Sankwasa

‘Land board failures behind Ondonga shooting’ – Sankwasa

Renthia Kaimbi Minister of urban and rural development James Sankwasa says the fatal shooting of headmen in the Ondonga Traditional Authority happened because of systemic failures in the Communal Land Board.  He warns that weaknesses in land dispute resolution structures continue to fuel violence. This comes as a land dispute within the Ondonga Traditional Authority turned deadly on Friday during an attempt to resolve a conflict over communal land.  A suspect opened fire, resulting in the death of Onelago village headman Sam Nepando and injuring Iikokola village headman I-Ben Nashandi. Nashandi is also the National Planning Commission (NPC) executive director.…
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ED reshuffles cloud questions of poor planning 

ED reshuffles cloud questions of poor planning 

Allexer Namundjembo Voices in the political space have expressed mixed views on transfers of executive directors across government ministries.  While some see the reshuffles as a way to improve performance and curb corruption, others warn they could disrupt service delivery if not carefully planned. Political analyst Ndumba Kamwanyah said the movement of executive directors can be useful when guided by clear objectives and proper planning.  Speaking to the Windhoek Observer last week, Kamwanyah said transfers can help share institutional knowledge, bring in new ideas and reduce over-familiarity with long-standing systems. “Moving executive directors can improve performance, particularly in ministries where…
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Namibia calls for UN Security Council meeting on Venezuela

Namibia calls for UN Security Council meeting on Venezuela

Allexer Namundjembo Namibia has called for an urgent United Nations Security Council (UNSC) meeting following reports that the United States attacked Venezuela and captured President Nicolás Maduro and his wife.  The Namibian government said the actions constitute a breach of international law and a violation of Venezuela’s sovereignty. On Sunday, the Ministry of International Relations and Trade said the sovereignty, territorial integrity and political independence of all nations must be respected in accordance with the United Nations Charter and the principles of international law.  “The respect for sovereignty and territorial integrity is essential for the enhancement of global peace and…
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NNN urges youth to protect elderly and vulnerable in 2026 

NNN urges youth to protect elderly and vulnerable in 2026 

Justicia Shipena President Netumbo Nandi-Ndaitwah has urged young people to care for the elderly and stand with the vulnerable, emphasising that the youth continue to be the nation's lifeblood and vitality. In her New Year message on Thursday, Nandi-Ndaitwah urged young Namibians to be protectors of those who cannot always protect themselves and to look out for one another in 2026.  She called on the nation to renew its commitment to guarding society against social ills that threaten progress.  She said efforts toward women’s emancipation must address all forms of abuse and discrimination.  Nandi-Ndaitwah urged citizens to reject gender-based violence,…
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