Blog

Remgro sells additional FirstRand shares for nearly R4.9 billion

Remgro sells additional FirstRand shares for nearly R4.9 billion

Chamwe Kaira  Remgro Limited has sold additional shares in FirstRand Limited through on-market transactions, generating proceeds of about R4.88 billion. The South African investment holding company disposed of 51.97 million FirstRand shares between 2 February and 10 March 2026 at an average price of R93.87 per share. The sale forms part of Remgro’s process of reducing its remaining stake in the banking group. Remgro’s involvement with FirstRand began through its investment in RMB Holdings. In June 2020 the company unbundled its indirect interest in FirstRand through RMB Holdings but retained a direct stake of 3.92% in the bank. The company…
Read More
Mining enters 2026 on a strong footing

Mining enters 2026 on a strong footing

Chamwe Kaira  Namibia’s mining sector has entered 2026 with support from strong commodity prices for gold, copper, zinc and tin, as well as continued momentum in uranium production. The Chamber of Mines of Namibia said in its January and February mining update that higher commodity prices are strengthening export earnings and government revenue. The chamber said elevated gold prices and firm copper fundamentals are improving cash flow for mining companies. “At the same time, uranium remains strategically important amid sustained global interest in nuclear energy, positioning Namibia favourably within the global energy transition landscape. Stronger base metal prices, particularly zinc…
Read More
Namibia ranks 59th in global mining investment attractiveness

Namibia ranks 59th in global mining investment attractiveness

Chamwe Kaira Namibia placed roughly in the middle of the global rankings in the Annual Survey of Mining Companies 2025 conducted by the Fraser Institute. The country’s overall investment attractiveness score was about 52.6, placing it 59th out of 84 jurisdictions assessed. The survey evaluates mining destinations worldwide based on mineral potential and policy attractiveness as perceived by mining executives. The results place Namibia in the middle of the global rankings. The survey notes that while the country has strong geological potential, policy concerns are affecting investor confidence. Mining executives who participated in the survey raised several issues related to…
Read More
Africa leads global aviation accident rates in 2025

Africa leads global aviation accident rates in 2025

Staff Writer  Africa recorded the highest aviation accident rate among global regions in 2025, according to the International Air Transport Association’s latest annual safety report. The region recorded seven accidents during the year. The accident rate improved from 12.13 accidents per million sectors in 2024 to 7.86 in 2025. Despite the improvement, Africa still recorded the highest accident rate globally. The figure remains below the region’s five-year average of 9.37 accidents per million sectors. Fatality risk in the region increased from zero in 2024 to 2.19 in 2025. The most common accident types were runway excursions and incidents classified as…
Read More
Aupindi wants dividends paid in gold, uranium …as MPs call for reduced reliance on borrowing 

Aupindi wants dividends paid in gold, uranium …as MPs call for reduced reliance on borrowing 

Justicia Shipena  Swapo member of parliament Tobie Aupindi has proposed that Namibia consider receiving dividends from its mineral resources in physical commodities such as gold, uranium and lithium instead of only cash payments. Aupindi made the proposal while contributing to the national budget debate in parliament on Tuesday. He said Namibia should explore building strategic commodity reserves as part of a new approach to managing national wealth. “I am calling for the commodity dividend model. Instead of the state receiving its dividends in Namibian dollars or United States dollars, we should explore taking dividends in physical commodities, be it gold,…
Read More
Miss Namibia entry sparks fairness debate 

Miss Namibia entry sparks fairness debate 

Patience Makwele  The Miss Namibia Organisation has called on the public to support contestants in the Miss Namibia 2026 competition.  This followed criticism about contestant Albertina Haimbala, who served as a judge during the 2024 Miss Namibia competition and is now competing in the 2026 contest. In a media statement on Tuesday, the organisation said all contestants are subject to the same eligibility requirements and screening standards. The organisation said there are no rules preventing former judges, masters of ceremonies, experienced models or previous contestants with pageant experience from entering the competition if they meet the official entry requirements. “All…
Read More
Children struggle with anxiety due to social media

Children struggle with anxiety due to social media

Patience Makwele  Psychologists say they are seeing more children struggling with anxiety, low self-esteem, poor sleep and difficulty concentrating – problems they link to excessive social media use. Several mental health experts told the Windhoek Observer on Tuesday that the growing number of children spending hours on social media platforms is beginning to show clear psychological and developmental effects. Clinical psychologist Anastasia France said children under the age of 15 are particularly vulnerable because their brains are still developing. “At that stage of development, children are still forming their sense of identity and self-worth,” France said. “When they are constantly…
Read More
Celebrating a remarkable matriarch of the Namibian nation.

Celebrating a remarkable matriarch of the Namibian nation.

The children and close relatives of Namibia’s founding First Lady, Madam Kovambo Nujoma, gathered at the family residence in Windhoek to celebrate her 93rd birthday, yesterday. Surrounded by love, laughter and generations of family, the occasion was a reminder of the quiet strength that has helped shape our nation’s history. As the steadfast partner of Namibia’s founding president, Sam Nujoma, Madam Kovambo was more than a First Lady, she was a pillar of resilience and a steady hand during the most defining chapters of Namibia’s journey to independence. While the nation mourned the passing of President Nujoma in February last…
Read More
Steenkamp urges NSFAF staff to keep supporting students

Steenkamp urges NSFAF staff to keep supporting students

Staff Writer  Education, Innovation, Youth, Sports, Arts and Culture minister Sanet Steenkamp has urged employees of the Namibia Students Financial Assistance Fund (NSFAF) to continue supporting students as the fund adjusts to its integration into the ministry. NSFAF was formally integrated into the ministry on 1 March and will now fully operate from within the ministry. She said students depend on the fund and services must continue during the transition. “I must emphasise that students depend on NSFAF, and service delivery must not be compromised during this period,” Steenkamp said during her first meeting with NSFAF employees at the fund’s…
Read More
Police remember colleagues who died in the line of duty

Police remember colleagues who died in the line of duty

Allexer Namundjembo At least 17 police officers have died in line of duty since 2019. Inspector general Joseph Shikongo revealed this on Saturday during the commemoration of the Interpol International Blue Day at the Israel Patrick Iyambo Police College in Olympia, Windhoek. The annual observance, held under the theme “Fallen Heroes in Blue Forever Remembered", honours police officers who died while performing official duties. Speaking during the ceremony, Shikongo said the day reminds officers that policing demands sacrifice. “This day is internationally recognised under the auspices of Interpol and reminds us that policing is not just a mere profession. It…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.