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Koryx Copper finalises move to Luxembourg

Koryx Copper finalises move to Luxembourg

Staff Writer  Koryx Copper Inc. has completed its corporate move from British Columbia to the Grand Duchy of Luxembourg.  The continuation was carried out under section 308 of British Columbia’s Business Corporations Act, authorised by the Registrar of Companies and approved by shareholders at a special meeting on 15 October 2025.  The company will now operate as Koryx Copper S.A., pending final approval from the TSX Venture Exchange. The TSX-V has already given conditional approval for the transition. As part of the move, the company strengthened its board with two new independent directors, Cristina Lara and Tarik El Hanch.  Lara…
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NA blocks urgent bid to grant NNN oil regulatory powers 

NA blocks urgent bid to grant NNN oil regulatory powers 

Justicia Shipena  The National Assembly has put on hold a proposal that seeks to shift key powers under the Petroleum Act from the minister of industries, mines and energy to the President.  The amendment would give President Netumbo Nandi-Ndaitwah authority to grant, renew, or revoke oil and gas exploration licences and production rights. The move was shelved after interim minister of industries, mines and energy Frans Kapofi asked the house on Wednesday to allow him to table a bill on it as urgent.  The speaker of the National Assembly, Saara Kuugongelwa-Amadhila, would have had to adjust the order of the…
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Air Namibia to return as Namibia Air 

Air Namibia to return as Namibia Air 

Allexer Namundjembo  Namibia Air has been approved as the name for the country’s new national airline.  Works and Transport Minister Veikko Nekundi said Cabinet has endorsed the name and that the airline will be established as Namibia Air (Pty) Ltd under the Companies Act. Nekundi said the airline will be fully owned by the Namibian government.  He said the decision follows a policy directive by President Netumbo Nandi-Ndaitwah and that work to set up the airline is already underway. A technical committee of local aviation experts has been appointed to guide the process and ensure long-term sustainability and financial viability. …
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Parliament report warns conservancies rely too much on trophy hunting

Parliament report warns conservancies rely too much on trophy hunting

Renthia Kaimbi  Trophy hunting pushed conservancy revenue up to N$30 million in the last financial year for communities in the Zambezi, Kavango East and Kavango West regions, a new parliamentary oversight report has found.  The report warns that the system is now too dependent on a single income source and calls for urgent changes to protect both communities and wildlife. The report, led by Tobie Aupindi, chairperson of the parliamentary standing committee on agriculture, environment and natural resources, follows the committee’s oversight visit in August 2025.  It states that while the community-based natural resource management (CBNRM) programme has empowered rural…
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EU injects N$13 million into Lüderitz port expansion plan

EU injects N$13 million into Lüderitz port expansion plan

Justicia Shipena  The European Union (EU), the Port of Rotterdam and the Namibian Ports Authority (Namport) have signed a deal to advance the expansion of Lüderitz Port at Angra Point.  The agreement forms part of the EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen. Under the deal, the EU has committed N$13 million to support planning for the port’s expansion.  The agreement was signed during the closing session of its Africa regional workshop on Global Gateway Green Shipping Corridors in Walvis Bay.  Maritime transport must undergo rapid change to cut emissions, European Union (EU) ambassador to…
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Walu and Fisheries Ministry clash over fishing jobs scheme

Walu and Fisheries Ministry clash over fishing jobs scheme

Renthia Kaimbi The Ministry of Agriculture, Fisheries, Water and Land Reform has defended the Government Employment Redress Programme (GERP), saying it was lawfully created to secure permanent jobs for retrenched fishermen.  The defence comes after criticism from Walu Fishing Investments (Pty) Ltd, which accused the programme of being a flawed system that misleads workers and undermines the country’s marine resources. Walu’s managing director, Erna Loch, argued that the initiative has been distorted for personal and political benefit rather than creating meaningful jobs. The ministry responded by stating that a Cabinet directive set up GERP and selected companies implemented it through…
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OBSERVER DAILY | Namibia Air: What’s in a name?

When the Cabinet recently announced the launch of a new national carrier under the name Namibia Air, it marked a bold and welcome move by the administration of President Netumbo Nandi‑Ndaitwah and her team. At a time when national symbols matter more than ever, the decision sends a signal that Namibia intends to reclaim pride of place in the skies. The return of our national airline taps into something deeply Namibian: the idea of connection, of our country being visible in global skies, of our citizens and stories being carried across continents. That ambition deserves applause. It is a sign…
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New road to link Opuwo and Baynes project

New road to link Opuwo and Baynes project

Allexer Namundjembo  Infrastructure is central to building an inclusive economy that leaves no region behind, President Netumbo Nandi-Ndaitwah has said.  She spoke on Wednesday while at the groundbreaking of two projects in the Kunene region.  The projects that broke ground are the upgrade of the Opuwo–Otjivize–Okangwati–Omaseratundu road and the construction of the Oute Bridge at Etanga. “Infrastructure serves as a bridge, not just across rivers, but across divides of opportunity, access and development,” she said. The 280-kilometre Opuwo–Otjivize–Okangwati–Omaseratundu road is now under construction and will link Opuwo to the Baynes Hydro Power Project and Epupa.  The government will entirely fund…
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YOUNG OBSERVER | #UNMUTED

A recent survey revealed a statistic that should alarm every policymaker, educator and truly, even the business leaders in this country: only 19% of our young people, those aged 18 to 35, aspire to start their own businesses. This figure reportedly represents the lowest rate of entrepreneurial ambition recorded across the African continent. Simultaneously, a massive 44% of our youth state a clear preference for jobs within the civil service. This paradox goes beyond just a statistical anomaly. It is actually a confirmation that we have structured our economy and society in a way that actively encourages our brightest minds…
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YOUNG OBSERVER | Adriano Visagie to co-host 10th Sotigui Awards in Burkina Faso

YOUNG OBSERVER | Adriano Visagie to co-host 10th Sotigui Awards in Burkina Faso

Namibian actor and television personality Adriano Visagie will co-host the 10th edition of the Sotigui Awards, one of Africa’s leading film celebrations, in Ouagadougou, Burkina Faso. He will share the stage with Burkina Faso’s television personality Stéphanie Zongo. The Sotigui Awards honour African actors and comedians from across the continent and the diaspora.  The event is organised by the Sotigui Academy and governed by APROCAD, in partnership with FESPACO, the Pan-African Film and Television Festival of Ouagadougou. This year’s ceremony takes place from 12 to 15 November 2025 under the patronage of Burkina Faso’s minister of communication, culture, arts and…
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