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Nored goes to court to stop worker strike …strike might involve 89% of employees

Nored goes to court to stop worker strike …strike might involve 89% of employees

Justicia Shipena Northern Regional Electricity Distributor (Nored) has approached the Labour Court on an urgent basis to stop a planned strike by the Mineworkers Union of Namibia (MUN). Nored warns that the industrial action could disrupt electricity supply across large parts of northern Namibia. This move comes after Nored workers issued a notice of strike action last Friday, following the collapse of wage negotiations that had lasted for more than a year. MUN, which represents Nored employees, has accused management of intimidation aimed at preventing workers from exercising their right to strike. In its founding affidavit, deposed to by Nored’s…
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Why partnerships matter in the clean energy journey 

Why partnerships matter in the clean energy journey 

Gift Kandukira Each year on 26 January, the International Day of Clean Energy reminds the world that the energy transition is not optional; it is foundational to development, resilience and competitiveness.  For Namibia, energy is the backbone of household wellbeing, economic growth and industrial productivity.  It also speaks directly to SDG7: universal access to affordable, reliable and modern energy services, a growing share of renewables, and faster energy-efficiency gains. Clean energy is not a peripheral sustainability initiative; it is an operational necessity and a national responsibility.  Yet the transition to cleaner energy is not achieved through a single project or…
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20Twenty issues first sustainability bond for housing loans

20Twenty issues first sustainability bond for housing loans

Chamwe Kaira  20Twenty Financial Solutions has issued its first sustainability-linked note, marking a milestone in Namibia’s debt market and securing funding to expand access to homeownership. The issuance follows the launch of the company’s Sustainability-Linked Finance Framework in October 2025 and reflects growing investor interest in instruments that link financial returns to social outcomes. The transaction was arranged and supported by RMB Namibia, which acted as arranger, NSX debt sponsor and sustainability coordinator.  The funding will support the expansion of 20Twenty’s inflation-linked home loan products, which aim to offer predictable repayments for borrowers while improving long-term financial resilience. 20Twenty provides…
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Namport readies ports for offshore energy development

Namport readies ports for offshore energy development

Chamwe Kaira  Namibia Ports Authority (Nampost) says the ports of Lüderitz and Walvis Bay are being positioned as key gateways to international markets as Namibia prepares for the development of its oil and gas industry. In its 2025 integrated annual report, Namport said the two ports are leveraging their coastal locations and direct shipping links to major global trade hubs to support future offshore energy activity. As Namibia moves closer to final investment decisions on recent offshore oil discoveries, Namport said the country’s ports will play a central role in supporting oil and gas operations and increasing in-country value from…
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Local investors back Koryx Copper with N$68 million funding

Local investors back Koryx Copper with N$68 million funding

Staff Writer Koryx Copper Inc. has closed a C$5 million (N$68 million) sidecar non-brokered private placement with mainly Namibian institutional and retail investors, lifting its total financing to C$51 million. The company issued 2,040,816 common shares at C$2.45 per share, raising gross proceeds of C$5 million.  The placement was completed on the same terms as the C$46 million bought-deal financing announced on 6 January 2026 and closed on 20 January 2026. Finder’s fees of C$150,000 were paid to Cirrus Capital (Pty) Ltd. All shares issued under the placement are subject to a hold period of four months and one day…
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Namport reviews regional economy and trade outlook

Namport reviews regional economy and trade outlook

Chamwe Kaira  Namibian Ports Authority (Namport) says changing economic conditions among regional trading partners present both opportunities and competitive pressure for Namibia’s ports as countries adjust to slower global growth, infrastructure limits and commodity price swings. Namport said South Africa’s economy slowed to 0.5% growth in 2024, weighed down by structural challenges, drought, weak performance by state-owned enterprises and ongoing transport and logistics constraints.  While improvements in electricity supply offered some relief, growth prospects remain limited, with GDP expected to rise by 0.7% in 2025 and average 1.2% in 2026 and 2027. Despite gradual improvements in South Africa’s logistics network,…
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Tech leaders push deeper use of AI and skills

Tech leaders push deeper use of AI and skills

Staff Writer KPMG says organisations worldwide are moving past pilot projects and are now integrating artificial intelligence into core operations, according to its Global Tech Report 2026. The report, titled Leading in the Intelligence Age: Excelling Today, Shaping Tomorrow, shows that while the use of AI and other advanced technologies is rising fast, scaling them brings new challenges and uneven returns on investment. The survey covered 2,500 executives from 27 countries across sectors including automotive, retail, energy, financial services, government, healthcare, manufacturing, and technology.  It found that 68% of organisations aim to reach the highest level of AI maturity by…
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5G rollout sets pace for ICT transformation

5G rollout sets pace for ICT transformation

Chamwe Kaira The rollout of 5G technology is emerging as a key driver of Namibia’s ICT sector transformation, positioning the industry for faster growth, innovation and wider economic integration in 2026, according to the Communications Regulatory Authority of Namibia (Cran). After a year of regulatory and technological progress, 5G is moving beyond faster mobile broadband to support new uses across transport and logistics, finance, trade, agriculture, health, education, mining and energy.  Cran says companies around the world are using 5G to improve efficiency, automation and security through private networks, a trend that is starting to take shape in Namibia. The…
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Namibia on the rise: streaming, 5G and the promise of progress

This week, Namibia found itself in the spotlight for two remarkable reasons, both signalling the country’s growing relevance on the global stage. American internet sensation IShowSpeed arrived in Windhoek as part of his highly publicised Africa StreamTour, drawing international attention to Namibia’s vibrant culture, energy, and youthful dynamism. At the same time, the Communications Regulatory Authority of Namibia (Cran) announced the rollout of 5G technology, a move poised to revolutionise the nation’s ICT landscape and drive economic growth across multiple sectors. At first glance, these two events may seem unrelated: one a pop culture phenomenon, the other a technical leap…
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IShowSpeed visits Namibia for a day

IShowSpeed visits Namibia for a day

Renthia Kaimbi IShowSpeed arrived in Namibia yesterday for a brief visit, spending a single day touring sites around Windhoek before departing later that night. The visit followed a cancelled stop last month during his “Speed Does Africa” tour, after the Namibia Civil Aviation Authority (NCAA) denied a permit for his private aircraft. This was because his aviation permit requirements were not submitted on time. This time, the popular streamer, whose real name is Darren Watkins Jr, compressed several local experiences into a few hours. His itinerary, confirmed to the Windhoek Observer, included a visit to a Himba village at Tjiri…
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