Blog – Page 32 – News Stand

25 Feb

NWR denies selling lodges to Europeans

info_e12wt4csFeatured, National News

Erasmus Shalihaxwe The managing director of the Namibia Wild Resort (NWR) has denied allegations that the institution is selling or handing over 14 of its lodges to European companies. This follows a string of letters shared on social media by the Affirmative Repositioning’s (AR) leader, Job Amupanda, since Monday. “Three weeks ago, as of 31 January 2025, the corrupt regime started a process, based on lies, that will lead to selling and/or handing over the following fourteen (14) resorts/lodges belonging to the government via NWR. The resorts/lodges are Gross Barmen, Popa Falls, Sossus Dune Lodge, Ai-Ais, NWRHi, Hardap, Hobas, Khorixas,…

25 Feb

Health Ministry to repair Tsumeb Hospital after repeated flooding

info_e12wt4csNational News

Hertta-Maria Amutenja The Ministry of Health and Social Services has committed to repairing infrastructure at Tsumeb State Hospital after the facility flooded twice, first on 8 February and again last week, disrupting healthcare services. The health ministry’s executive director, Ben Nangombe, confirmed that the ministry is working with the Tsumeb Municipality to address the underlying issues that led to the flooding. Nangombe has indicated that improving drainage around the hospital and nearby areas is being prioritised to avoid further disruptions. "The situation is under control, and we are working with the municipality to resolve the problem. We are addressing the…

25 Feb

Pick ‘n Pay the most affordable shop in February

info_e12wt4csObserver Money

Ester Mbathera Pick 'n Pay was the most affordable supermarket in Namibia for February. A monthly research report on the prices of products showed that the price wars between the supermarkets normalised in the second month of 2025. The report was compiled by the administrator of the Namibian Investor Group on Facebook, Robin Tyson and researcher Jeraldo Amporo. “This was due to their reasonable prices across the board, with rice (N$52) and toilet paper (N$77) as stand out offers. The total basket was N$436,” the report said. The most expensive supermarket was Checkers with a total basket of N$458. “[This…

25 Feb

Omaheke residents angry over Nujoma memorial venue

info_e12wt4csNational News

Hertta-Maria Amutenja Residents of Gobabis in the Omaheke region have expressed anger over the decision to hold the regional memorial service for the late founding president Sam Nujoma at Buitepos, a border post between Namibia and Botswana, instead of in Gobabis. The event was on Tuesday, with buses transporting attendees from Gobabis to Buitepos. Sike Kandjimi, a resident of Gobabis, questioned why the service isn't held in a place where the majority can attend easily. “People want to be free to walk to a venue nearby, not travel over 100 kilometres. The requirement to register with councillors for transport is…

25 Feb

NamRA engages clearing agents on Customs Act compliance

info_e12wt4csObserver Money

The Namibia Revenue Agency (NamRA) on Tuesday hosted a virtual Awareness Session on the enforcement of Sections 110 and 124 of the Customs and Excise Act, 1998 (Act No. 20 of 1998). The session, attended by more than 130 clearing agents and traders, addressed revenue leakages, looking at ways to ensure that all duties owed to the State are duly paid. Section 124 of the Act stipulates that any customs duty payable, interest, fines, penalties or forfeitures incurred constitute a debt to the State. It further provides that any goods imported, exported or in a customs and excise warehouse belonging…

25 Feb

Trigon agrees to compensate miners

info_e12wt4csObserver Money

Allexer Namundjembo The Mine Workers Union (MUN) has reached an agreement with the majority shareholders of the Kombat Mine, Trigon Metals concerning the retrenchment of 533 employees. The general secretary of the MUN, George Ampweya, confirmed that the matter that has been brewing since last year has been resolved. “The agreement outlines key terms, with an emphasis on supporting employees through equitable compensation. Every retrenched employee will receive one month of notice pay, along with severance pay equivalent to one week's salary for each year of service. Employees will further be paid for any confirmed accrued leave days up to…

25 Feb

More oil discovered in Namibia’s Orange Basin

info_e12wt4csEnergy, Observer Money

Niël Terblanché Custos Energy (Pty) Ltd. has reported a successful second exploration and appraisal campaign in the Orange Basin, specifically in blocks 2813A and 2814B on Tuesday These blocks, governed by Petroleum Exploration License 83 (PEL 83), are operated by a subsidiary of Galp Energia, SGPS, S.A., with Custos and the National Petroleum Corporation of Namibia (NAMCOR) each holding a 10% working interest. The chief executive officer of Custos Energy, Knowledge Katti, announced that the PEL 83 Joint Venture partners have successfully drilled, cored, and logged the Mopane-3X well, which commenced on 2 January 2025. Located 18 kilometers from the…

25 Feb

GIPF issues warning against doing business with Myrtle Growth Capital

info_e12wt4csFeatured, Observer Money

Niël Terblanché The Government Institutions Pension Fund (GIPF) has issued an urgent public cautionary notice regarding an ongoing legal battle against Myrtle Growth Capital (Pty) Ltd. The GIPF, warning that the company has no authority to sell or dispose of shares held on behalf of the Namibia Mid Cap Fund (NMCF). According to GIPF’s marketing and stakeholders engagement general manager, Edwin Tjiramba, the litigation currently before the High Court of Namibia seeks to prevent Myrtle Growth Capital from unlawfully handling shares in various unlisted investments. “Myrtle Growth Capital is the former fund manager of the NMCF, but was deregistered as…

25 Feb

Benjamin to unveil 40-man Brave Warriors squad for World Cup qualifiers

info_e12wt4csSports

Erasmus Shalihaxwe Brave Warriors head coach, Collin Benjamin is set to announce a preliminary squad of 40 players for the upcoming World Cup qualifying games in March. Isack Hamata, spokesperson of the Namibia Football Association, confirmed that the senior national team coach could make the announcement on Wednesday or Thursday. Captain Peter Shalulile and Deon Hotto are among the key players expected to be named in the squad. Shalulile, who plays for Mamelodi Sundowns in the South African Betway Premiership, has scored five league goals this season. His team currently leads the standings with 48 points from 18 games. Hotto,…

25 Feb

Shinima to face South Africa’s Thysse in title fight

info_e12wt4csSports

Erasmus Shalihaxwe Namibian professional boxer Charles Shinima is set to face South Africa’s Brandon Thysse for the World Boxing Council (WBC) Silver Welterweight title this Saturday at Emperor’s Palace in Johannesburg, South Africa. The event will also feature other fights. Shinima, previously associated with MTC Nestor Tobias and Sun Shine Boxing and Fitness Academy, is now trained and promoted by Emmanuel Moses of the African Connection Boxing Club. He has a professional record of 19 fights, with 18 wins and only one loss, boasting a 66.67% knockout rate since starting his career in 2017. His opponent, Thysse, has 22 professional…