Blog – News Stand

08 Jul

ACC eats its words on Mulunga

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Allexer Namundjembo The Anti-Corruption Commission (ACC), which last year praised former Namcor managing director Immanuel ‘Imms’ Mulunga for saving the company and the country, has now arrested him on potential corruption-related charges. His arrest, according to sources, stems from a 2023 oil transaction involving N$100 million, which led to his suspension and eventual dismissal. Mulunga was arrested on Tuesday afternoon at his home in Klein Windhoek. ACC director general Paulus Noa confirmed the arrest and said further arrests are expected. “He is yet to be charged. Mind you, he is not the only one; there are others. There could be…

08 Jul

NFA mum on Botswana Hosting Costs

info_e12wt4csNational NewsDino Ballotti, Obed Itani Chilume Stadium

Erasmus Shalihaxwe Namibia Football Association (NFA) says the NFA will not reveal how much it will pay Botswana to host Namibia’s international home matches. When approached by the Windhoek Observer, NFA interim secretary general Cassius Moetie said the payment details are protected by confidentiality agreements. On Monday, during a joint announcement with Deputy Minister of Sport Dino Ballotti, NFA confirmed that the Brave Warriors will play their home games at the Obed Itani Chilume Stadium in Francistown, Botswana. Namibia remains banned from using its stadiums, which failed to meet international standards. Moetie noted that the cost of playing home matches…

08 Jul

14-year Bondelswarts dispute deepens as funds vanish

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Hertta-Maria Amutenja The Bondelswarts Heritage Foundation has called for an urgent investigation into the Bondelswarts Chief Council, citing financial irregularities, a disputed leadership, and the neglect of key communal assets in Warmbad. The Foundation said in a recent statement that internal leadership disputes have paralysed the community since the death of Captain Anna Katriena Christiaan in 2011. “The continued secrecy, disputes, and neglect cannot be tolerated any longer,” said Foundation founder Mathew Veldskoen. The Foundation alleges that the Chief Council, led by Senior Traditional Councillor Hans Jossob, operates without transparency and excludes the Christiaan Royal House from community decisions. It…

08 Jul

Police uncertain of suspect count in Lafrenz robbery

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Hertta-Maria Amutenja The Namibian Police say they are still uncertain how many suspects were involved in the armed robbery at the Lafrenz TotalEnergies service station, where over N$560,000 was stolen last week. “There is a bit of a contradiction. Some witnesses say there were three suspects, others say four or even five. Until we get them all, we won’t know how many people were involved,” deputy commissioner Chrispin Mubebo told the Windhoek Observer. The robbery happened on Wednesday at around 11h00, when armed suspects confronted Southern Cross security officers who were offloading cash for a Standard Bank ATM. The suspects…

08 Jul

MPs challenge NamPower over electricity tariffs

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Erasmus Shalihaxwe Swapo member of parliament and chairperson of the parliamentary standing committee on natural resources, Tobie Aupindi, has questioned NamPower’s strategy of raising electricity tariffs every year. He urged the utility's management to prioritise the well-being of Namibians over profit. Aupindi made the remarks during a consultative meeting held on Tuesday between the parliamentary standing committees on economy and industry, public administration and planning, and the productivity task force on energy in Namibia. He said electricity in the country has become too expensive and is hurting ordinary people who are already struggling to afford basic needs. He linked the…

08 Jul

Businesses tap brakes on borrowing

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Justicia Shipena Businesses in Namibia are showing more caution in their borrowing activity, with corporate credit growth continuing to slow in May 2025. According to Simonis Storm’s latest Private Sector Credit Extension report, companies are becoming more deliberate in their financing decisions amid a complex economic environment. The total corporate debt stock rose slightly to N$50 billion in May, up from N$49.5 billion in April. However, the annual growth rate declined to 6.5%, compared to 7.1% in the previous month. Simonis Storm noted that this moderation was driven by net repayments and lower uptake across key lending categories. “Companies are…

08 Jul

Green investment talks set for Walvis Bay

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Justicia Shipena Policymakers and energy leaders from six African countries will convene in Walvis Bay this week for the Namibia Parliamentary Green Investment Dialogue. The four-day regional event, running from Thursday through Sunday, will focus on mobilising climate finance for green energy development. The dialogue will bring together delegations from Botswana, Kenya, Namibia, Rwanda, Zambia, and Zimbabwe. The event is hosted by the Climate Parliament and the United Nations Industrial Development Organisation (UNIDO), with support from the Green Climate Fund (GCF). It marks the final leg in a series of regional dialogues held under the Parliamentarians for Climate Finance project,…

08 Jul

Green investment talks set for Walvis Bay

info_e12wt4csObserver Money

Justicia Shipena Policymakers and energy leaders from six African countries will convene in Walvis Bay this week for the Namibia Parliamentary Green Investment Dialogue. The four-day regional event, running from Thursday through Sunday, will focus on mobilising climate finance for green energy development. The dialogue will bring together delegations from Botswana, Kenya, Namibia, Rwanda, Zambia, and Zimbabwe. The event is hosted by the Climate Parliament and the United Nations Industrial Development Organisation (UNIDO), with support from the Green Climate Fund (GCF). It marks the final leg in a series of regional dialogues held under the Parliamentarians for Climate Finance project,…

08 Jul

Top NIPDB investment executive to exit end of July

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Justicia Shipena The executive for investment at the Namibia Investment Promotion and Development Board (NIPDB), François van Schalkwyk, will be stepping down from his position. The NIPDB announced on Tuesday that his last working day will be 31 July 2025. NIPDB senior manager for marketing, branding, and communications, Catherine Shipushu, said that after more than four years at the institution, Van Schalkwyk has decided to pursue other interests and relocate to the United Kingdom to spend more time with his young family. Van Schalkwyk joined the NIPDB as one of its first employees and played a key role in shaping…

08 Jul

AC Boxing Stable turns 10

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Erasmus Shalihaxwe Boxing promoter Immanuel Moses, known as African Connection (AC), says he built the AC Boxing Stable from scratch without any assistance. He says he did it not for profit but to help children chase their dreams of becoming professional boxers. The AC Boxing Stable celebrates its ten-year anniversary this week. Despite reaching this milestone, Moses says he still struggles to secure long-term sponsorship and continues to run and fund the stable himself. “Ten years. No sponsors, just heart. For almost a decade, I’ve poured my own time, money, and energy into building something bigger than myself, a boxing…