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MTC revenue grows by N$3.2 billion in 2024

MTC revenue grows by N$3.2 billion in 2024

Martin Endjala Namibia’s Mobile Telecommunication Limited (MTC) on Monday announced a revenue growth of 5.58%, or N$3.2 billion for the just-concluded financial year end of 2024. It was a significant improvement compared to the N$3 billion in revenue for 2023. MTC’s managing director, Licky Erastus, made the announcement during the company’s annual financial performance review for the year ending 2024. Erastus attributed the revenue growth to increased demand for high-speed data connectivity, new innovative products and services, growth in roaming, and most importantly, a dedicated customer-centric staff that believes in creating a memorable experience for customers. MTC recorded growth of…
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Diamond sales generate N$1.4 billion

Diamond sales generate N$1.4 billion

Erasmus Shalihaxwe Namib Desert Diamonds (NAMDIA) generated a total of N$ 1.4 billion from the sale of 191 426 carats of diamonds in 2024. NAMDIA’s Public Relations and Communications Officer, Beverley Coussement told the Windhoek Observer newspaper during an interview over the weekend that the company despite challenges faced by the global diamond industry in 2024—marked by subdued demand due to economic headwinds and shifting consumer spending patterns—remained resilient and is navigating through tough times to meet its mandate. “There is growing optimism driven by increased demand for responsibly sourced diamonds and a renewed focus on sustainability across the value…
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Gondwana produces another batch of future tourism leaders

Gondwana produces another batch of future tourism leaders

Niël Terblanché Through its rigorous training and focus on real-world application, the Gondwana Collection’s Go4Gold Academy lived up to its reputation as a trailblazer in leadership development. The spirit of leadership and innovation took centre stage in Windhoke recently when Gondwana celebrated the accomplishments of its 2024 Go4Gold Academy participants. The event was the culmination of a transformative year-long leadership development journey for 11 rising leaders within the organisation. Programme leader Ume Goldbeck said the Go4Gold Academy is an intensive initiative aimed at equipping participants with the skills to navigate complex challenges and drive meaningful change. According to Goldbeck, the…
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Construction of new SME stalls in Omaruru nears completion

Construction of new SME stalls in Omaruru nears completion

Martin Endjala Entrepreneurs in Omaruru are looking forward to the completion of the construction of new stalls in the mini marketplace for small and medium enterprises (SMEs). The Omaruru municipality’s chief executive officer, Sindongo Valentinus told the Windhoek Observer last week that the construction was already 80% complete. He said the stalls will house different small business operators that will enable the community to trade efficiently, effectively, and safely. “At the moment, vendors are selling along the road, which can be dangerous for them. Although few vendors are operating on the side of the market, the majority are opting to…
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From protests to progress

From protests to progress

This year, Human Rights Day resonates with profound significance for Namibia. The echoes of 1959, when the women of the Old Location rose against apartheid's dehumanising policies, find a modern parallel in the struggles faced by women in the digital realm. Just as the Namibian women of the past fought for dignity and justice, today’s battlefields include the online spaces where their rights are challenged by technology-facilitated gender-based violence and harmful innovations like deepfake technology. Yet, this Human Rights Day is also a time for celebration. On the cusp of the 75th anniversary of the Universal Declaration of Human Rights,…
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Most private sector companies still exclusive paradises of whites

Most private sector companies still exclusive paradises of whites

“The practice of racial discrimination and the practice and ideology of Apartheid…..shall be prohibited and by an Act of Parliament such practices, and the propagation of such practices, may be rendered criminally punishable by the ordinary Courts by means of such of such punishments as Parliament deems necessary for the purposes of expressing the revulsion of the Namibian people at such practices.” Read Article 23 of the Namibian Constitution, titled Apartheid and Affirmative Action. This provision has been meant to eliminate, if not totally do away with, the exclusion of the indigenous, meaning the Africans, from the mainstream economy. This,…
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Playing Sports Back Home: A New Year’s Gift for Sports

Playing Sports Back Home: A New Year’s Gift for Sports

As the festive season approaches, many people look forward to returning to their homesteads, where cherished traditions come alive. Among these traditions, playing sports during Christmas has become a heartfelt way to celebrate and bond with family and friends. This practice not only brings joy but also serves as a significant "New Year's gift" for the local sports scene. Gathering to play sports at home fosters a sense of community and togetherness. Families engage in friendly matches, whether it’s soccer, netball, or traditional games, creating lasting memories. These moments strengthen bonds and create a shared love for sports, encouraging younger…
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Madame Ndemupelila Nandi-Ndaitwah the trailblazer as Namibia’s first female president 

Madame Ndemupelila Nandi-Ndaitwah the trailblazer as Namibia’s first female president 

Paul T. Shipale  “In accordance with Section 109 of the Electoral Act…I, Elsie Tuleingepo Nghikembua, Chairperson of the Electoral Commission of Namibia, do declare Her Excellency Netumbo Nandi-Ndaitwah of the SWAPO party as the winner and president-elect of the 2024 presidential elections,” Nghikembua said in the capital, Windhoek, in a declaration of the poll results.    African leaders congratulated the President-elect as she etched her name in the annals of history by becoming Namibia’s first woman President and Africa’s second elected female Head of State. Leading those who congratulated her was the Chairperson of the AU, the Presidents of Zimbabwe, Tanzania…
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August 26 suspends CEO

August 26 suspends CEO

Martin Endjala The chief executive officer of August 26 Holdings, Ndajoina Shalumbu, has been suspended. On Friday, Board chairperson Brigadier General Fillimon Shafashike confirmed this to the Windhoek Observer. “I confirm that the CEO has been suspended in line with our governance processes,” said Shafashike. Shalumbu was suspended with immediate effect and Fanuel Haikuti is the appointed interim CEO. “This is a precautionary measure and does not imply any finding of misconduct or guilt. During this suspension, he remains entitled to all contractual benefits,” said Shafashike. The alleged fabrication of a quote for N$8 million in spare car parts for…
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Dr Haufiku refutes claims of NNN’s collapse

Dr Haufiku refutes claims of NNN’s collapse

Martin Endjala Dr Bernard Haufiku, the former minister of health has dismissed reports suggesting that the president-elect, Netumbo Nandi-Ndaitwah, collapsed during election campaign rallies. Haufiku told the Windhoek Observer on Sunday that Nandi-Ndaitwah experienced fatigue and a mild flu during the rally at Otjiwarongo while addressing party members. “After an extremely busy schedule before that and having picked up a mild flu (this is why she was wearing a face mask), she displayed signs of tiredness and near-exhaustion. As a result, she double-read some of the text in her statements. This is where her security apparatus stepped in and asked…
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