Observer Money

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…

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…

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,…

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…

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…

Chamwe Kaira  Namport has reported record revenue and profit, citing a rebound in regional trade and steady growth in cargo volumes. The company said its performance reflects disciplined execution, resilient operations, and a recovery in trade activity, which lifted revenue and strengthened financial results. Operating profit increased by N$245 million, or 45%, to N$793 million from N$548 million in 2024.  Namport attributed the increase to sustained cargo and marine service volumes, as well as concession revenue of N$143 million recorded during the year. At the group level, total revenue rose by 12% to N$2.88 billion in 2025 from N$2.56 billion…

Chamwe Kaira  Namibia has announced an upcoming interest payment to noteholders of its NAM04 bond. According to an interest payment notification issued on 26 January 2026 and published on the Johannesburg Securities Exchange (JSE), the payment of R17.60 million is due on 2 February 2026. The bond carries a coupon rate of 10.51% and is identified by ISIN ZAG000138470.  FirstRand Bank Limited is listed as the debt sponsor. NAM04 bond is incorporated in Namibia and registered under number 1929/001225/06. The previous interest payment on the bond was made on 1 August 2025, also at a coupon rate of 10.51%, with…

Chamwe Kaira  Andrada Mining Limited has reported high-grade lithium results from surface sampling at its Lithium Ridge project in Namibia, boosting confidence in the project as exploration drilling continues. The AIM-listed tin producer is developing Lithium Ridge in partnership with Sociedad Química y Minera de Chile SA through its subsidiary SQM Australia (Pty) Ltd.  The work forms part of an earn-in agreement under which SQM is funding a stage one drilling programme to earn a 30% stake in the project. Andrada said geological mapping and grab sampling across the licence area returned multiple high-grade lithium results at the surface. Several…

Chamwe Kaira  B2Gold Corp will release its fourth-quarter and full-year 2025 financial results, together with its 2026 production and cost guidance, after the close of North American markets on 18 February. The Vancouver-based gold producer said its senior executives will host a conference call on 19 February to discuss the results and provide an outlook for the year ahead.  B2Gold is listed on the Toronto Stock Exchange, NYSE American and the Namibia Securities Exchange. B2Gold operates gold mines in several jurisdictions, including Namibia, Mali and the Philippines.  In Namibia, the company owns and operates the Otjikoto Mine near Otavi with…

Chamwe Kaira  Namibia’s vehicle market is expected to record steady growth in 2026, supported by improved credit conditions, lower interest rates and changes in regional vehicle supply chains. Vehicle sales eased slightly toward the end of 2025, but demand remained firm.  According to Simonis Storm, this points to a stable expansion in the year ahead rather than a slowdown. New vehicle sales peaked at 1 320 units in March 2025 before falling to 1 138 units in December, down 8.5% from November’s 1 244 units.  Despite the monthly decline, December sales were 13.8% higher than the 1 093 units sold…