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Meatco eyes global premium market with Wagyu

Meatco eyes global premium market with Wagyu

Allexer Namundjembo The Meat Corporation of Namibia (Meatco) aims to increase value addition by processing Wagyu cattle locally as it moves into the premium beef market. Meatco on Monday announced that it has slaughtered and processed Wagyu cattle. Wagyu refers to four main Japanese cattle breeds known for high-quality beef that requires specialised breeding, feeding and management. “This is more than a processing milestone; it is a statement of intent. Namibia is not just participating in global beef markets; we are moving decisively into the premium segment where value, not volume, defines success,” said Meatco interim chief executive officer Albertus…
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Residents push ahead with ||Khomani chief removal process

Residents push ahead with ||Khomani chief removal process

Allexer Namundjembo Residents of the ||Khomani Traditional Authority handed over a petition on Monday calling for a vote of no confidence against chief Juliane Gawanas and her council. The group gathered at Dolam in Katutura, led by community activist Shaun Gariseb. They accuse the leadership of selling land meant for local residents to business people within the ||Khomani area. The petition follows a community meeting held on 31 January at A.I. Steenkamp Primary School, where more than 750 people supported a vote of no confidence against the chief and the council. The process forms part of steps taken by the…
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Mbandeka urges Govt to follow laws to avoid costly cases

Mbandeka urges Govt to follow laws to avoid costly cases

Staff Writer  Attorney general Festus Mbandeka says stronger legal compliance across state institutions and state-owned enterprises will reduce court cases and improve governance. He made the remarks during a stakeholder engagement session hosted by his office in the Erongo region on Monday. Mbandeka said government entities must follow laws and improve how they work to avoid costly litigation. “Together, we can foster a culture of legal compliance within state institutions and SOE entities by promoting voluntary compliance and using best practices to streamline processes and reduce litigation costs,” he said. The session forms part of a nationwide programme to strengthen…
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Economy expected to grow by 2.6% in 2026

Economy expected to grow by 2.6% in 2026

Chamwe Kaira  The Bank of Namibia says Namibia’s economy is expected to grow by 2.6% in 2026 and 2.9% in 2027.  The central bank said the economy grew by an estimated 1.7% in 2025 and is set to recover gradually over the next two years. Growth in 2026 and 2027 is expected to be supported by expansion in sectors such as construction, electricity and water, wholesale and retail trade, financial services, and public administration and defence. Uranium mining is also expected to remain a key driver of growth, supported by increased production from existing mines. The bank said the latest…
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B2Gold generates N$12 billion in gold revenue

B2Gold generates N$12 billion in gold revenue

Chamwe Kaira  B2Gold Namibia generated more than N$12 billion in gold revenue in 2025 from its Otjikoto Mine. This is according to figures released by the company. The mine produced 199 139 ounces of gold, resulting in a profit after tax of N$4.6 billion. The company paid N$3.8 billion to the Namibian government.  This included N$3.156 billion in corporate tax, N$325 million in royalties, N$124 million in export levies and N$232 million in non-resident shareholder tax. B2Gold also paid N$755 million in wages and benefits to its workforce. The company returned N$5.1 billion to shareholders, including B2Gold Corp and EVI…
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Andrada boosts tungsten at Brandberg West

Andrada boosts tungsten at Brandberg West

Chamwe Kaira  Andrada Mining Limited has reported positive early test results at its Brandberg West project, showing potential to increase production of tungsten, tin and copper. The company said the tests focused on processing old mined material and waste from the historic Brandberg West mine, as well as ongoing exploration at the site. Results show mineral quality improved after processing. Tungsten increased from 0.24% to 1.45%. Copper rose from 0.73% to 2.81%. Tin increased from 0.31% to 2.09%. The tests also showed high recovery rates. Tungsten recovery reached up to 91%, while tin recovery reached up to 94%. The process…
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Cash still king as circulation hits N$5.9 billion

Cash still king as circulation hits N$5.9 billion

Chamwe Kaira  Currency in circulation in Namibia rose to N$5.94 billion in 2025, up from N$5.61 billion in 2024, according to the Bank of Namibia (BoN).  The increase was driven mainly by banknotes, which make up more than 95% of total currency.  Banknotes rose by N$304.7 million to N$5.63 billion. Coins increased to N$316.9 million. In volume terms, banknotes in circulation increased by 5.67 million pieces, while coins rose by 32.2 million units. Demand for smaller notes increased during the year. The N$50 note rose by 45.9%, while the N$10 note increased by 14.7%. The newly introduced N$60 note added…
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Choppies confirms final dividend for shareholders

Choppies confirms final dividend for shareholders

Chamwe Kaira  Choppies Enterprises Limited has confirmed its final cash dividend for the six months ended 31 December 2025. The company had announced the dividend on 25 March 2026 on both the Botswana Stock Exchange (BSE) and the Johannesburg Stock Exchange (JSE). A gross final dividend of 1.0 thebe per share will be paid to shareholders on record as of 17 April 2026. For shareholders on BSE, the dividend will be subject to a 10% withholding tax. This results in a net payment of 0.9 thebe per share. The last day to trade with the dividend is 14 April 2026.…
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NamRA charts digital transformation roadmap 

NamRA charts digital transformation roadmap 

Chamwe Kaira  The Namibia Revenue Agency (NamRA) is shifting its focus to digital transformation as it enters its next phase of growth, board chairperson Peter Kruger has said. Speaking at a Taxpayer Appreciation event in Swakopmund marking NamRA’s fifth anniversary, Kruger said the agency’s first five years focused on building systems and stabilising operations. “Over the next five years, digital transformation is a key pillar of our strategic execution,” he said. He said improving customer experience will be a key part of the shift. Kruger said a dedicated team will lead digital projects, while NamRA will work with revenue agencies…
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Oshikandela campaign wins big at MTC awards

Oshikandela campaign wins big at MTC awards

Staff Writer The MoreToLove campaign by Namibia Dairies has been named Advertising Campaign of the Year at the inaugural MTC Branding and Marketing Excellence Awards. The awards were held at the Windhoek Country Club Resort and marked the end of a three-day branding and marketing indaba that drew more than 400 delegates from Namibia and across Africa. The recognition formed part of a strong showing for the Ohlthaver & List Group. Its agency, O&L BrandX, was named Agency of the Year. O&L BrandX managing director Patricia Hoeksema said the award reflects the agency’s focus on authenticity and local storytelling. She…
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