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Greg Field to take over as Deep Yellow CEO in February

Greg Field to take over as Deep Yellow CEO in February

Chamwe Kaira Deep Yellow Limited has confirmed that Greg Field will begin his role as managing director and chief executive officer on 2 February. The confirmation follows an announcement made on 2 December 2025 on Field’s appointment.  Deep Yellow executive Chris Salisbury said the board was pleased that Field would start earlier than first expected. Salisbury said the board looks forward to Field’s leadership as the company approaches key decisions on the Tumas Project in Namibia and other developments across its portfolio.  He thanked Craig Barnes for serving as acting chief executive during the transition and said Barnes will return…
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PSG directors receive shares after Curro deal

PSG directors receive shares after Curro deal

Chamwe Kaira PSG Financial Services has announced that some of its non-executive directors and their associates received PSG Financial Services shares following the implementation of a scheme of arrangement involving Curro Holdings Limited. In a notice issued on Wednesday, shareholders were referred to Curro’s announcement published on the JSE Stock Exchange News Service on 23 December 2025.  The announcement confirmed that the Jannie Mouton Stigting acquired the remaining Curro shares through a scheme of arrangement. Under the scheme, Curro shareholders received a mix of cash and shares held by the trust in two listed companies, including PSG Financial Services. The…
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Namfisa cautions public to use only registered microlenders

Namfisa cautions public to use only registered microlenders

Staff Writer The Namibia Financial Institutions Supervisory Authority (Namfisa) has cautioned the public to use only registered microlenders when accessing short-term credit and related financial services. Namfisa said dealing with unregistered microlenders exposes consumers to unlawful practices, excessive charges and the loss of legal protection. Under Namibia’s Microlending Act, all microlenders must be registered and supervised to operate legally.  The Act aims to protect consumers by regulating lending practices and promoting transparency, fairness, and accountability in the microlending sector. Namfisa said registered microlenders must be formally authorised and are required to clearly disclose interest rates, fees, and repayment terms before…
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Petra unearths 42ct, blue diamond from Cullinan Mine

Petra unearths 42ct, blue diamond from Cullinan Mine

Petra Diamonds has recovered a blue diamond weighing 41.82 carats from its Cullinan mine in South Africa. The stone, a type IIb of “exceptional quality”, is the first of its colour and magnitude the deposit has yielded in the past five years, Petra said Tuesday. The previous one was a 39.34-carat diamond it found at the site in April 2021. The company sold that gem for US$40.2 million. The miner is in the process of analysing the stone and deciding the best method of sale. The Cullinan mine is known for the recovery of rare, high-value blue diamonds. The stone…
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Hilton brings Tapestry Collection to Kigali

Hilton brings Tapestry Collection to Kigali

Staff Writer Zaria Court Kigali has officially opened under Tapestry Collection by Hilton, marking a new chapter for Rwanda’s first urban lifestyle hotel and strengthening the country’s presence in the global hospitality market. The 80-room hotel, located in Kigali Sports City, now operates as part of Hilton’s Tapestry Collection. The portfolio features independent hotels with distinct design and local character, supported by Hilton’s global standards and the Hilton Honours programme. Zaria Court Kigali sits next to major sports and entertainment venues, including the BK Arena and Amahoro Stadium. The hotel forms part of a mixed-use development with retail, event, and…
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Well-being is not a workshop

Well-being is not a workshop

Herle Otto  It is tempting to frame well‑being as a calendar item: a month of activities, a visiting speaker, a set of posters and a mindfulness app. But well‑being that works is not an event. It is a way of designing work so people do not need to recover from it. The real levers are in the everyday. Workload that fits the hours available. Managers who ask how you are and mean it. Flexibility that treats adults like adults. Clear priorities that let people switch off without guilt. The truth is most employees know what would help them feel well,…
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The delusional pride in communal areas as ‘homes’

The delusional pride in communal areas as ‘homes’

Kae Matundu Tjiparuro This Monday, January the 12th, saw the commemoration of the 122nd declaration of the war of resistance by erstwhile commander of the Ovaherero resistance against Imperial Germany, Samuel Maharero.  A declaration that heralded a protracted war of resistance underwriting the resilience of the indigenous people that their land shall never be taken from them without them “dying fighting”, à la the famous resolve and dictum by Samuel Maharero: “Let us die fighting.” Indeed, fighting, they died, actually to the point of near annihilation as per the extermination orders of Imperial Germany’s genocide architect, Lothar von Trotha.  Surviving…
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New skills and AI reshape the global labour market

New skills and AI reshape the global labour market

Kristalina Georgieva The rapid advancement of artificial intelligence (AI) and digital technologies is reshaping the global labour market, creating both opportunities and challenges for workers worldwide. While technological change has historically altered job markets, the current transformation is occurring at an unprecedented pace and scale, affecting even those at the forefront of innovation.  Recent job cuts at major technology companies illustrate that no sector is immune to disruption. At the same time, new roles and occupations are emerging as automation changes the nature of work.  According to a recent analysis of millions of online job postings, one in ten positions…
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OBSERVER COASTAL | Desert Foxes appeal for support ahead of Super League debut

OBSERVER COASTAL | Desert Foxes appeal for support ahead of Super League debut

Renthia Kaimbi Desert Foxes Football Club, Erongo region’s newly promoted and only representative in the FNB Women’s Super League, has appealed for financial and material support ahead of its top-flight debut on 24 January 2026. The teenage squad from Walvis Bay faces major logistical and financial demands as it prepares for competition at the elite level. The club is calling on corporations, community leaders, and residents to support the campaign. Club chairman Paulus Shipanga said travel expenses are the greatest challenge.  “Our main challenges are accommodation, transport, and meals, which will cost us about N$35,000 per travelling weekend,” Shipanga told…
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UDF Youth League questions Grade 11 funding gap

UDF Youth League questions Grade 11 funding gap

Allexer Namundjembo The United Democratic Front (UDF) Youth League has asked the Ministry of Education, Innovation, Youth, Sport and Arts and Culture to explain a policy that allows learners to complete Grade 11 without guaranteed funding or clear pathways into further education or training. In a letter dated 13 January addressed to education minister Sanet Steenkamp, UDF Youth League secretary general Rudolf Goseb questioned how the policy affects young Namibians who complete Grade 11 but cannot progress due to lack of financial support. “It is troubling that Grade 11 learners are encouraged to complete their schooling while, in practice, many…
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