Windhoek Observer – Page 8 – Windhoek Observer

14 Apr

B2Gold generates N$12 billion in gold revenue

Observer Money

Chamwe Kaira B2Gold Namibia generated more than N$12 billion in gold revenue in 2025 from its Otjikoto Mine. This is according to figures released by the company. The mine produced 199 139 ounces of gold, resulting in a profit after tax of N$4.6 billion. The company paid N$3.8 billion to the Namibian government. This included N$3.156 billion in corporate tax, N$325 million in royalties, N$124 million in export levies and N$232 million in non-resident shareholder tax. B2Gold also paid N$755 million in wages and benefits to its workforce. The company returned N$5.1 billion to shareholders, including B2Gold Corp and EVI…

14 Apr

Andrada boosts tungsten at Brandberg West

Observer Money

Chamwe Kaira Andrada Mining Limited has reported positive early test results at its Brandberg West project, showing potential to increase production of tungsten, tin and copper. The company said the tests focused on processing old mined material and waste from the historic Brandberg West mine, as well as ongoing exploration at the site. Results show mineral quality improved after processing. Tungsten increased from 0.24% to 1.45%. Copper rose from 0.73% to 2.81%. Tin increased from 0.31% to 2.09%. The tests also showed high recovery rates. Tungsten recovery reached up to 91%, while tin recovery reached up to 94%. The process…

14 Apr

Cash still king as circulation hits N$5.9 billion

Observer Money

Chamwe Kaira Currency in circulation in Namibia rose to N$5.94 billion in 2025, up from N$5.61 billion in 2024, according to the Bank of Namibia (BoN). The increase was driven mainly by banknotes, which make up more than 95% of total currency. Banknotes rose by N$304.7 million to N$5.63 billion. Coins increased to N$316.9 million. In volume terms, banknotes in circulation increased by 5.67 million pieces, while coins rose by 32.2 million units. Demand for smaller notes increased during the year. The N$50 note rose by 45.9%, while the N$10 note increased by 14.7%. The newly introduced N$60 note added…

14 Apr

Choppies confirms final dividend for shareholders

Observer Money

Chamwe Kaira Choppies Enterprises Limited has confirmed its final cash dividend for the six months ended 31 December 2025. The company had announced the dividend on 25 March 2026 on both the Botswana Stock Exchange (BSE) and the Johannesburg Stock Exchange (JSE). A gross final dividend of 1.0 thebe per share will be paid to shareholders on record as of 17 April 2026. For shareholders on BSE, the dividend will be subject to a 10% withholding tax. This results in a net payment of 0.9 thebe per share. The last day to trade with the dividend is 14 April 2026.…

14 Apr

NamRA charts digital transformation roadmap

Observer Money

Chamwe Kaira The Namibia Revenue Agency (NamRA) is shifting its focus to digital transformation as it enters its next phase of growth, board chairperson Peter Kruger has said. Speaking at a Taxpayer Appreciation event in Swakopmund marking NamRA’s fifth anniversary, Kruger said the agency’s first five years focused on building systems and stabilising operations. “Over the next five years, digital transformation is a key pillar of our strategic execution,” he said. He said improving customer experience will be a key part of the shift. Kruger said a dedicated team will lead digital projects, while NamRA will work with revenue agencies…

14 Apr

Oshikandela campaign wins big at MTC awards

Observer Money

Staff Writer The MoreToLove campaign by Namibia Dairies has been named Advertising Campaign of the Year at the inaugural MTC Branding and Marketing Excellence Awards. The awards were held at the Windhoek Country Club Resort and marked the end of a three-day branding and marketing indaba that drew more than 400 delegates from Namibia and across Africa. The recognition formed part of a strong showing for the Ohlthaver & List Group. Its agency, O&L BrandX, was named Agency of the Year. O&L BrandX managing director Patricia Hoeksema said the award reflects the agency’s focus on authenticity and local storytelling. She…

14 Apr

For what use is the joint declaration reverting to the National Assembly?

Opinions

Kae Matundu-Tjiparuro FOR what use and for what sake can the joint declaration (JD), or its amended version, really revert or be reverted to, referred to and/or returned to the National Assembly and/or the Namibian Parliament? Is the question legitimate from any bona fide descendant of the survivors of the genocide of the Ovaherero and Nama, among others? It is not so much a legitimate question as a real concern. Because the paradigm today, especially among the descendants of the survivors of GENOCIDE, is not the JD. Because the JD is a product of a process that the sovereigns in…

14 Apr

Fixing the system or complicating it? Inside CPBN’s new rules

Editorial

The decision by the Central Procurement Board of Namibia (CPBN) to introduce stricter rules governing the appointment of bid evaluation committee members marks yet another attempt to tighten the screws on Namibia’s public procurement system. In a country where procurement has too often been synonymous with controversy, opacity, and allegations of favouritism, any reform that promises greater transparency and accountability deserves both recognition and scrutiny. At its core, the CPBN’s move is a response to a long-standing concern: that the integrity of public procurement depends heavily on the individuals tasked with evaluating bids. These committees wield enormous influence. They determine…

14 Apr

South Africa’s agriculture enters a critical month

Observer Money

Wandile Sihlobo We are entering a busy period in South Africa’s agricultural production cycle. On April 23, we are due to receive the Crop Estimate Committee’s (CEC) third production forecast for 2025-26 summer grains and oilseeds. This estimate is typically a stronger indicator than the first two on how the season’s harvest will look, as the crop has largely passed the pollination stage. At the same time, we are due to get the CEC data on farmers’ planting intentions for 2026-27 winter crops. The weather outlook, winter crop prices, and the availability and cost of inputs, among other considerations, inform…

13 Apr

Why oil & gas conferences still matter – Even in a turbulent market

Energy, Opinions

Fernando Y. G. Sylvester,CEO, Lamda Energy This year has been a stark reminder that energy markets are unpredictable, volatile, and deeply interconnected with geopolitics, macroeconomics, and human behaviour. As I prepare to moderate two panels at the Namibian International Energy Conference (NIEC2026) here in Windhoek, I keep hearing a familiar question: Why do oil and gas conferences still matter? In an era of digital communication, instant deal-making tools, and Zoom rooms everywhere, are we really still gaining value by gathering in person? The short answer is yes. But the long answer, the one shaped by 17 years working across the…