Windhoek Observer – Page 7 – Windhoek Observer

16 Feb

Why Swapo and Namibia need President Netumbo Nandi-Ndaitwah now

Featured, Opinions

Let me address the elephant in the room directly. There is a deafening silence surrounding a matter that is critical to both Swapo and Namibia. Conversations about succession ahead of the 2027 Swapo Congress (C2027) are intensifying, yet they are rarely confronted with the seriousness they deserve. Positioning has begun, camps are quietly consolidating, and speculative debates are increasingly shaping political discourse. As Charles de Gaulle reminds us, sometimes “politics is too important to be left in the hands of politicians.” In moments of strategic consequence, silence becomes complicity. The country and the party cannot afford petty squabbles disguised as…

16 Feb

A necessary line in the sand: protecting public housing and restoring accountability

Editorial, Featured, Opinions

Minister of Works and Transport Veikko Nekundi has taken a decision that many before him have avoided. In stating unequivocally that government employees evicted from state-owned houses will not receive special treatment or automatic relocation, he has drawn a firm line between entitlement and accountability. It is a decision grounded not in hostility, but in principle. At a time when public infrastructure is under strain and housing demand continues to rise, the minister’s stance reflects a necessary commitment to restoring integrity in the management of state assets. The numbers alone underscore the gravity of the matter. Government immovable assets are…

16 Feb

Holistic employee benefits: Building financial security beyond a salary

Featured, Observer Money

Jolene Mans In today’s competitive workplace, employees expect more than just a pay cheque. They seek security, peace of mind and benefits that support their well-being throughout every stage of life. A truly holistic employee benefits package delivers on these expectations by combining retirement savings, risk protection and wellness initiatives into one comprehensive offering. This approach not only enhances employee satisfaction but also strengthens organisational resilience and talent retention. Retirement savings: A foundation for financial independence Retirement funds remain one of the most powerful tools for building long-term wealth and ensuring financial independence after your working years. Beyond simply saving…

16 Feb

One Economy Foundation takes 5% stake in Etango deal

Observer Money

Chamwe Kaira The One Economy Foundation holds a 5% loan-carried interest in the Etango Uranium Project, giving the Namibian empowerment entity a stake in one of the country’s largest proposed mining developments. The interest was disclosed in Bannerman Energy Ltd’s Etango Strategic Financing Presentation, released as part of its strategic financing agreement with CNNC Group. The project is held by Bannerman Mining Resources (Namibia) (Pty) Ltd. This entity is 95% owned by Bannerman Energy (UK) Ltd and 5% by the One Economy Foundation on a loan-carried basis. Bannerman Energy (UK) Ltd is owned 55% by Bannerman Energy (Netherlands) BV and…

16 Feb

Ramaphosa orders Eskom transmission split

Observer Money

Chamwe Kaira President Cyril Ramaphosa has directed that a fully independent transmission system operator be created as part of the restructuring of South Africa’s electricity sector. Eskom Holdings SOC Limited informed noteholders on the Johannesburg Securities Exchange (JSE) that the government will proceed with plans to establish a separate, state-owned transmission entity. The new entity will own and control transmission assets and operate the electricity market. Ramaphosa made the announcement during his state of the nation address on 12 February 2026. He said the move was part of reforms to modernise the energy sector and reduce electricity costs. He said…

16 Feb

Investors trade N$62m in active week

Observer Money

Chamwe Kaira Namibia’s key stock indices recorded gains in the week ended 13 February, according to data from the Namibia Securities Exchange (JSE). The JSE All Share Index closed at 120 584 points, up 533 points or 0.44% from 120 051 points the previous week. The overall Namibian market index rose 51.43 points, or 2.28%, to 2 305.90. The local index increased by 2.01 points, or 0.25%, to 814.41. Sector performance was mixed. Basic materials recorded the strongest weekly gain, rising 4.10% to 809.97 points. Financials increased 1.22% to 751.67, while real estate rose 1.17% to 2,728.50. Consumer staples gained…

16 Feb

Osino appoints new CEO for Twin Hills project

Observer Money

Staff Writer Osino Gold Exploration and Mining has appointed Junxin Wang as its new chief executive officer as the company moves the Twin Hills Gold Project into its next phase. Tianhang (Tony) Zhang has stepped down as CEO following a personal career decision. He led the company during a key stage of development at Twin Hills and completed a formal handover to Wang. Wang previously served as general manager of Qinghai Dachaidan Mining Co., Ltd, a gold mining operation within the Shanjin International group, for six years. He said his experience will support the project as it moves through construction…

16 Feb

Scammers use fake WiFi calls to steal money

Observer Money

Staff Writer Standard Bank has warned the public about a new scam circulating in Namibia in which fraudsters pose as representatives of WiFi or internet service providers. The callers claim they need to “upgrade your WiFi connection” or “improve your internet speed”. They then instruct victims to carry out banking transactions on their phones. According to the bank, the scammers tell people to dial the PayPulse code under the pretext of assisting with a WiFi upgrade. Once the victim follows the steps, unauthorised digital transactions are processed without their knowledge. Colanè Esterhuizen-Andreas, fraud risk manager at Standard Bank, said customers…

16 Feb

Inflation to average around 3.6% to 3.8% in 2026

Observer Money

Staff Writer Simonis Storm expects inflation to average between 3.6% and 3.8% in 2026. The firm says this reflects a mild normalisation rather than a renewed rise in price pressures. The outlook follows a year of easing inflation in 2025. Headline inflation slowed through the second half of the year and closed December at 3.2% year-on-year, down from 3.7% in June. Inflation remained within the Bank of Namibia’s 3–6% target range. Monthly price movements were mostly stable outside of utility and tariff adjustments. For 2026, Simonis Storm expects housing and utility inflation to remain firm. This will be supported by…

16 Feb

NNF to host ocean symposium in Swakopmund

National News

Renthia Kaimbi The Namibia Nature Foundation will host the Ocean in Focus Symposium in Swakopmund on 18–19 February. The event will take place at the Plaza Hotel and will bring together scientists, policymakers, industry leaders, artisanal fishers and young people to discuss Namibia’s relationship with the ocean. In a press release issued last week, the foundation said the country's marine environment plays a central role in food security, the economy and cultural identity. “Namibia’s coast is more than a long stretch of shoreline,” said Disney Andreas, senior communications officer at NNF. “It underpins food security, economic opportunity, cultural heritage, social…