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Curro shareholders to receive cash for fractional shares

Curro shareholders to receive cash for fractional shares

Staff Writer Curro shareholders will receive cash payments for fractional share entitlements arising from the scheme of arrangement linked to the company’s acquisition by the Jannie Mouton Stigting and Curro’s subsequent delisting from the Johannesburg Stock Exchange (JSE). The transaction, previously announced on SENS, resulted in Curro shareholders becoming entitled to shares in Capitec Bank Holdings Limited and PSG Financial Services Limited as consideration.  Where these entitlements resulted in fractional Capitec or PSG Financial Services shares, the fractions were rounded down to the nearest whole share, with the remaining portion settled in cash. In line with JSE Listings Requirements and…
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Mukuru partners with Travelex to expand cash payout options

Mukuru partners with Travelex to expand cash payout options

Staff Writer Mukuru has partnered with Travelex to expand cash payout options for remittance customers across South Africa. The partnership adds Travelex as an extra payout channel within the Mukuru network. Customers can now collect cash at Travelex’s 46 branches nationwide, located in high-traffic and accessible areas.  The wider network reduces travel time and improves access to cash. The collaboration operates within South Africa’s Bureau de Change framework, which provides a regulated environment for secure payouts.  Travelex operates under liquidity and compliance standards, with on-site know-your-customer processes in place to support secure transactions. “Mukuru has always focused on creating impactful…
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Education ministry warns against school placement bribery

Education ministry warns against school placement bribery

Renthia Kaimbi The Ministry of Education, Innovation, Youth, Sports, Arts and Culture has warned teachers and school administrators against asking for or accepting bribes for school placements as schools prepare to reopen on Monday. The ministry also urged parents and guardians to follow official admission procedures and to act with patience and honesty during the placement process. The warning comes at a time when schools often face pressure from parents seeking last-minute placements, sometimes leading to reports of scams and illegal payments. Education executive director Erastus Haitengela instructed all school and office staff not to solicit or accept any bribe,…
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‘Nepando was a fair and peaceful leader’ – family recalls 

‘Nepando was a fair and peaceful leader’ – family recalls 

Renthia Kaimbi The family of Sam Nepando say he was a man of service whose commitment to his community defined his life and led to his death. Nepando, the headman of Onelago Village, was shot and killed last Friday while mediating a land dispute. His cousin, Nikkie Mbeeli, said the family is struggling with the loss of a man they knew as loving, principled and deeply committed to others. “I personally will always remember his love for his family and the great-hearted person he was, full of life,” Mbeeli told the Windhoek Observer. The family said Nepando died doing what…
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Council seeks funds to complete Omuthiya Open Market

Council seeks funds to complete Omuthiya Open Market

Allexer Namundjembo Financial challenges have slowed the completion of the Omuthiya Open Market, a project meant to provide a safe and regulated trading space for informal traders, the Omuthiya Town Council has said. Responding to questions from the Windhoek Observer on Tuesday, the council’s economic development and tourism officer, Piet Andreki, said construction of the market started before the Covid-19 pandemic and was planned in phases to accommodate different categories of traders. “The market was initiated before Covid-19 and was designed to be constructed in phases to cater for street vendors selling different products,” Andreki said. He explained that during…
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Etunda harvests 60 tonnes of mangoes

Etunda harvests 60 tonnes of mangoes

Justicia Shipena  The Etunda Irrigation Project in the Omusati region has harvested about 60 tonnes of mangoes from its 60-hectare mango orchard this week.  The harvest was revealed on Wednesday during a visit by the minister of information and communication technology, Emma Theofelus, who toured the scheme to assess its operations and impact. The mangoes are graded and packed into different categories before being sold to local traders.  The produce supports many livelihoods, as local people buy in bulk and resell to earn income.  Theofelus also acknowledged the surplus mango harvest and said it presents an opportunity for affordable local…
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OBSERVER COASTAL | Lifeguards withdraw from Swakopmund beaches

OBSERVER COASTAL | Lifeguards withdraw from Swakopmund beaches

Renthia Kaimbi Certified lifeguards from Monarch Lifeguard and Emergency Services have withdrawn from Platz am Meer and Mole Beach in Swakopmund following the end of their contract with the municipality. Monarch founder Muyenga Martin said the contract ran from 05 December 2025 to 05 January 2026 and has now come to an end. He said the period was short but demanding. Martin said the team focused on preventative lifeguarding, supported by trained professionals on constant watch.  He said routine rescues were limited, but several serious incidents showed how dangerous the coastline can be. In one incident, the lifeguards responded to…
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OBSERVER COASTAL | Ex-drug dealer gives school children free haircuts

OBSERVER COASTAL | Ex-drug dealer gives school children free haircuts

Renthia Kaimbi Fifty young boys in Walvis Bay received free back-to-school haircuts yesterday after a local barber opened his doors to give back to the community. The gesture came from the owner of El Shaddai Barbershop, 27-year-old Lumardo Mouton said the act was part of repairing harm he caused in the past. “I destroyed so many people in my community from smuggling drugs. So this was part of how I am paying back,” he said. Mouton shared that from the age of 12 until two years ago, he was involved in dealing drugs. He said his entry into crime began…
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Buying a future? Corruption in school placements betrays our children and our nation

There are moments when a society must pause, look itself in the mirror, and ask difficult questions. The disturbing reports that some parents are offering bribes to teachers to secure placement for their children in preferred schools, and that some educators are accepting these inducements, represent one such moment. This is not a minor administrative lapse or an isolated act of desperation. It is a corrosive practice that strikes at the moral foundation of our education system and, by extension, the future of our country. The Windhoek Observer commends the Ministry of Education, Arts and Culture for issuing a public…
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Namibia’s strategic imperative: sovereignty in an age of structural power 

Namibia’s strategic imperative: sovereignty in an age of structural power 

PAUL T. SHIPALE (with inputs by Folito Nghitongovali Diawara Gaspar) Venezuela, the New Diplomacy of Force, and the Quiet Geometry of Global Control To call this America’s first invasion or its first violation of international law is hypocrisy. The real question is more unsettling: why does a single power remain so persistently driven to control the world, even at the expense of the order it claims to uphold? The answer is rarely found in speeches or official declarations. As history repeatedly shows, the true nature of political power lies not in what is promised aloud, but in what is done…
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