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Outsurance listing on A2X

Outsurance listing on A2X

Outsurance Group Limited (OGL) is set to list on the A2X via a secondary listing, with qualifying shares expected to be listed on the bourse this month. OGL informed shareholders that the company’s ordinary shares have been approved for inclusion in the list of qualifying equity securities to be traded on A2X, effective 14 January 2026. The insurer’s primary listing on the JSE Limited and its issued share capital will be unaffected by the secondary listing on A2X. “For the past 28 years, OUTsurance has delivered innovative, value-for-money products to its clients, and we are pleased to help extend this…
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Namibia oil finds help drive Africa’s upstream revival

Namibia oil finds help drive Africa’s upstream revival

Chamwe Kaira Namibia’s offshore oil discoveries are helping to renew momentum in Africa’s upstream energy sector. However, tight investment discipline and operational challenges continue to slow development, according to the African Energy Chamber. Two major offshore discoveries made in Namibia in 2022 by Shell and TotalEnergies marked a turning point for the country’s energy prospects. The finds also boosted exploration interest across the continent, including in Côte d’Ivoire, Angola and Egypt. In its 2026 Outlook Report, The State of African Energy, the African Energy Chamber says global exploration and production capital spending is expected to reach about US$504 billion by…
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Why IShowSpeed matters and why the rule of law matters more

The reaction to American YouTuber Darren Watkins Jr, better known as IShowSpeed, failing to land in Namibia has exposed a generational and philosophical divide in how we understand influence, opportunity and governance in the digital age. For many older Namibians, the question has been simple and sincere: What is the big deal about a young man shouting into a camera while playing games or reacting to football clips?  For others, particularly the youth and those working in tourism, branding and the creative economy, the disappointment has been equally real. Both perspectives deserve to be heard. And both can be reconciled.…
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New Omuthiya open market still incomplete …as vendors reject to move to incomplete market 

New Omuthiya open market still incomplete …as vendors reject to move to incomplete market 

Allexer Namundjembo More than three years after the Omuthiya Town Council began construction of a new open market in the 2022/23 financial year, the facility remains incomplete.  This has led to frustration among vendors and community leaders who expected improved trading conditions in the regional capital. The modern open market was meant to provide a hygienic and formal space for informal traders who have long operated along the busy B1 road and other central areas of Omuthiya.  The council said the market would accommodate about 500 vendors and serve residents and travellers once operational. Despite early assurances that the project…
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Illegal fence removal in Ohangwena to cost N$500 000

Illegal fence removal in Ohangwena to cost N$500 000

Justicia Shipena The removal of illegal fences in the Ohangwena region is expected to cost N$500 000.  The deputy director of land reform, Paulus Amaambo, revealed this during a presentation at a regional councillors’ orientation workshop held in Eenhana on Tuesday. Amaambo said the full amount is to be recovered from those who erected them. He said at least 22 illegal fences put up by communal farmers without the consent of the Communal Land Board will be removed by the Ministry of Agriculture, Water, and Land Reform. Amaambo said contractors have already been appointed and will begin the work after…
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Permit failure fuels anger over IShowSpeed tour to Namibia 

Permit failure fuels anger over IShowSpeed tour to Namibia 

Allexer Namundjembo Namibians have reacted with anger after American YouTuber Darren Watkins Jr, popularly known as IShowSpeed could not land in Namibia on the planned date after required aviation permits were not submitted on time. Watkins was expected to include Namibia as part of his “Speed Does Africa” tour, a 28-day live-streaming journey across several African countries. Namibia was scheduled to be the second stop. Namibians critiqued the outcome, describing it as a missed opportunity for tourism and global exposure. Landless People's Movement (LPM) youth leader Duminga Ndala said the government must improve how it manages red tape and bureaucratic…
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Jericho says sobriety gave him his life and music back

Jericho says sobriety gave him his life and music back

Renthia Kaimbi The price of addiction, award-winning Namibian hip-hop artist Jericho Gawanab says, goes beyond money.  He says it is seen in possessions sold, dignity lost and long hours spent chasing the next fix. In an open account shared with the Windhoek Observer, Jericho spoke about his struggle with drugs and alcohol and how it nearly destroyed his career.  He said his addiction turned hard-earned success into near ruin. Jericho recalled selling his first professional music studio, bought for N$45 000 using his Namibian Music Awards (Namas) winnings, for just N$7 000 to buy drugs. The money, he said, was…
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Swapo demands release of Venezuela’s president

Swapo demands release of Venezuela’s president

Renthia Kaimbi Swapo has described the arrest of Venezuelan President Nicolás Maduro as an unlawful abduction and a violation of international law.  Swapo condemned the United States for what it called unjustifiable aggression against a sovereign state. Swapo secretary general Sophia Shaningwa delivered the party’s position yesterday, saying the detention of a sitting head of state breaches international norms and the principles of the United Nations Charter. “As a political organisation born out of the crucibles of anti-colonialism and apartheid, we reaffirm our commitment to the principles of sovereignty, self-determination, and mutual respect among nations,” the statement said. Shaningwa said…
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Why the article “When inefficiency becomes a culture: Namibia’s public sector” became the opinion piece of the year

Why the article “When inefficiency becomes a culture: Namibia’s public sector” became the opinion piece of the year

PAUL T. SHIPALE (with inputs by Folito Nghitongovali Diawara Gaspar) By year’s end, SPOTLIGHTING NAMIBIA named “When Inefficiency Becomes a Culture: Namibia’s Public Sector” its Opinion Piece of the Year. The recognition was not an act of praise but of relevance. The criteria were exacting: • Did the article give language to what many citizens felt but struggled to articulate? • Did it move beyond complaint to diagnose a systemic condition? • Did it hold institutions accountable without personal attack? • Did it provoke reflection and reform rather than cynicism or despair? The article met each test because it named…
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NSX trading quiet in first week of 2026

NSX trading quiet in first week of 2026

Chamwe Kaira Trading on the Namibia Securities Exchange (NSX) was subdued in the first week of 2026, reflecting a shortened trading period and lower investor activity during the year-end holiday. The NSX Local Index closed the week little changed, with limited movement across most locally listed shares.  Turnover on the local board remained low, with trading concentrated in a few counters, while several shares recorded no trades. Overall market activity was driven mainly by dual-listed stocks, tracking movements on offshore markets.  Anglo American and other large dual-listed resource shares were among the most actively traded, with prices largely mirroring performance…
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