Blog – Page 27 – Windhoek Observer

15 Jan

JSE all share index rises over two days

Observer Money

Chamwe Kaira The JSE All Share Index closed higher on Monday, gaining 2,038 points, or 1.73%, to end at 120,148.00 points from 118,110.00 the previous trading day. The index is up 3.73% since December 2025 and reached its highest level for 2026 during the session. The year’s low stands at 116,092.00 points. The Overall Index closed slightly lower on Monday, slipping by 3.95 points, or 0.18%, to 2 180.60 points. Despite the decline, the index remains up 1.83% since December 2025 and carries an actual dividend yield of 3.66%. Its 2026 high is 2 184.55, while the low is 2…

15 Jan

Namibia to host Canada–Africa business conference next month

Observer Money

Staff Writer Namibia will host the fifth Canada-Africa Business Conference on 5 February in Windhoek. The Canada-Africa Chamber of Business convenes the event, positioning Namibia at the forefront of trade and investment engagement between Canada and Africa. The conference will bring together senior executives, investors, policymakers, and institutional partners from Namibia, Canada, and across Africa. Discussions will focus on mining, energy, infrastructure, and sustainable economic development. Namibia’s stable regulatory environment and long-term policy approach have helped attract growing international interest and partnerships. The programme includes senior-level panels, sector discussions, and private roundtables aimed at boosting investment, supporting responsible project development,…

15 Jan

Bank Windhoek offers lowest ATM e-money cash-out fee

Observer Money

Chamwe Kaira The Bank of Namibia’s comparison of e-money-related fees shows that all banks charge a fee when an account holder sends money to an e-money wallet using online banking, mobile banking applications, or USSD payment channels. The central bank said recipients are entitled to one free cash withdrawal per month from an e-money wallet, either at an ATM or through a merchant or agent. After the free withdrawal, banks may apply fees. Bank Windhoek charges the lowest ATM cash-out fee at N$10.50. First National Bank (FNB) charges N$14 per withdrawal. Standard Bank Namibia does not charge any ATM cash-out…

15 Jan

Nampost to deploy mobile teams to ease grant queues

National News

Allexer Namundjembo The Namibia Post Limited (Nampost) will deploy additional mobile payment teams at selected post offices to ease congestion during the January social grant payment period. In a joint statement issued on Wednesday, Nampost and the Ministry of Finance said the move follows long queues at several post offices. The congestion was linked to beneficiaries accessing payments outside the approved in-branch payment schedule. The statement said more than 37 000 social grant recipients were paid on the first day of the cycle, compared to an expected 28 000, placing pressure on in-branch services and leading to overcrowding at several…

13 Jan

Six young Namibians held by Myanmar army …police investigations and coordination are underway

Main, National News

Justicia Shipena The Ministry of International Relations and Trade (MIRT) says it is aware of reports that young Namibians have been trafficked to Myanmar. The confirmation follows a revelation by a member of parliament and Affirmative Repositioning (AR) movement leader Job Amupanda that six young Namibians were trafficked out of the country and are currently being held in Myanmar. The Windhoek Observer approached the ministry for comment and MIRT confirmed awareness of the situation. MIRT spokesperson Rosalia Uushona said the ministry has received the report and will respond to the Windhoek Observer with more information today. She did not provide…

13 Jan

Analyst warns against rushing diplomatic appointments

National News

Allexer Namundjembo States must follow diplomatic procedures to avoid misunderstandings, international relations analyst Marius Kudumo told the Windhoek Observer on Monday. This comes amid reports of a disagreement between Ghana and Namibia over the accreditation of a head of mission. Kudumo said diplomacy requires strict adherence to established rules and clear communication between states. “Diplomacy is built on consent and trust. If the receiving state has not formally agreed to an appointment, announcing it publicly can create unnecessary tension,” Kudumo said. Kudumo said the situation underlines the need for governments to be meticulous in interstate relations. He explained that the…

13 Jan

Ballotti promises no learner will be left without a school

National News

Justicia Shipena The deputy minister of education, Dino Ballotti, has assured parents that no learner will be left without a school. On Monday schools across the country opened for the 2026 academic year. The start of the school year was marked with an outcry of school placements by parents. Ballotti gave the assurance on Monday while addressing parents at Otjomuise Primary School, where placement pressures remain a concern. He said the ministry is aware of challenges in areas where schools are far apart and acknowledged that Otjomuise Primary School is the closest option for many families. Ballotti stated that the…

13 Jan

Lack of binding offtake agreements still block GH2 investment

National News

Justicia Shipena Minister of Industries, Mines and Energy Modestus Amutse says securing binding off-take agreements remains the biggest hurdle to turning Namibia’s green hydrogen ambitions into bankable projects. Amutse was speaking at a ministerial roundtable on green industrialisation held on the sidelines of the International Renewable Energy Agency (Irena) Assembly in Abu Dhabi on Sunday. He said large-scale green hydrogen and derivative projects require long-term, binding off-take agreements to secure predictable revenues and justify multi-billion-dollar investments, especially for first-of-a-kind developments. Under the sixth National Development Plan (NDP6), the green hydrogen economy is expected to support up to 30 000 jobs…

13 Jan

Ministry denies secret cuts to mackerel quotas

National News

Renthia Kaimbi The Ministry of Agriculture, Fisheries, Water and Land Reform has denied claims that it secretly reduced fishing quotas. The ministry said the process was transparent and guided by science. In a press release issued yesterday, the ministry said the management of Namibia’s horse mackerel stock follows clear legal procedures and relies on scientific advice. The clarification follows the setting of the Total Allowable Catch (TAC) for the 2026 horse mackerel season. The ministry confirmed that the Cabinet approved a TAC of 197 000 metric tonnes, a 5% reduction from the 208 000 metric tonnes allowed in 2025. The…

13 Jan

Diplomacy is not a training ground for rookie errors

Editorial, Featured, Opinions

Diplomacy is often described as the quiet engine of international relations. It runs on protocol, trust, discretion and mutual respect between sovereign states. When it functions well, citizens rarely notice it. When it falters, however, the consequences can be swift and embarrassing, not only for the officials involved but also for the national image they represent. Recent developments in relations between Namibia and Ghana have raised legitimate concern. Ghana has sought clarification from Namibia over the appointment and public commissioning of former agriculture ministry executive director Ndiyakupi Nghituwamata as high commissioner-designate to Accra, despite the fact that formal consent from…