Observer Money

Oryx concludes growth plan with N$4.7 billion portfolio

Oryx concludes growth plan with N$4.7 billion portfolio

This year marks the conclusion of the Oryx Properties group’s three-year growth strategy, with the portfolio closing at N$4.7 billion. Over this period, unit holders have enjoyed a cumulative total return of 57%, with the 2025 financial year delivering the highest annual return of 21%. The property portfolio has expanded by N$1.8 billion, underscoring the group’s successful growth trajectory. Trading at a 41% discount to Net Asset Value (NAV), we see significant value for income-focused investors. Over the past three years, the group’s emphasis has been on growth, strategically building the portfolio to ensure sustained revenue growth from high-quality, strategically…
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LLPB announces ear tag price increase

LLPB announces ear tag price increase

Chamwe Kaira The Livestock and Livestock Products Board of Namibia (LLPBN) has announced an increase in the selling price of livestock ear tags, effective 1 November 2025. The board said the adjustment follows rising supply costs affecting the production and procurement of ear tags. The new prices are as follows: Bovine Standard Size Ear Tag at N$28.15, Bovine Large Size Ear Tag at N$29.50, Bovine Ear Tag NCA at N$28.15, and Small Stock RSA Export Tag at N$5.45. The LLPBN has also introduced ALLFLEX ear tags for cattle producers, giving farmers an alternative supplier. The ALLFLEX tags are priced at…
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From resilience to relevance

From resilience to relevance

Ramona Itembu  Resilience has long been the essence of Namibians' ability to survive life. Whether returning from financial downturns, drought, or personal financial setbacks, we have learnt to survive. But as we tick down the clock to the later part of 2025, surviving is not enough. The financial services industry must evolve from simply being resilient to actually being relevant in the lives of average Namibians. Relevance means showing up where people need us most, not just when things go wrong, but in the everyday decisions that shape their futures. It means understanding how people live, what they value, and…
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Namibia’s midterm budget: Walking the tightrope between prudence and pressure

The midterm budget review delivered by minister of Finance and Public Enterprises Ericah Shafudah presents a careful balancing act, a fiscal plan that strives to maintain credibility and discipline, even as political realities and slowing growth threaten to derail consolidation efforts. The numbers tell a story of progress and prudence, but also one of fragility. The government’s ambition to keep public debt below the 70% of GDP threshold deserves recognition.  Yet, as economic analyst Almandro Jansen from Simonis Storm Securities cautions, election-cycle spending pressures could soon test the state’s fiscal resolve. With the 2026/27 elections drawing near, Namibia’s ability to…
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Namibia can grow economy at 5% per annum

Namibia can grow economy at 5% per annum

STAFF WRITER Chief Executive Officer of the Namibia Chamber of Commerce and Industry (NCCI) and vice-chairperson of the Namibia Public–Private Partnership, Titus Nampala has said its possible for Namibia to grow its economy by 5% per annum. He said meeting the aspirations of National Development Plan 6 (NDP6), of growing the economy by more than 5% annually, will needs slight tweaks. The tweaks must be in approach, mindset and in the rhythm with which, the country acts, Nampala said. “The private sector is ready to assure you, Your Excellency: it is possible. And our ask is very small, tiny dare…
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Election spending to test Govt’s financial discipline 

Election spending to test Govt’s financial discipline 

Chamwe Kaira Projections made by Finance Minister Ericah Shafudah rest on assumptions that require careful interpretation. Economic analyst Almandro Jansen said maintaining GDP growth above 3% depends on how quickly investments in energy, logistics, and housing move forward, as well as on continued private-sector confidence. He noted that SACU inflows, which still make up about a third of total revenue, remain exposed to regional trade performance and South Africa’s fiscal outlook. Jansen said election-year spending in the 2026/27 financial year could test the government’s commitment to spending cuts. He said Simonis Storm’s assessment is that the fiscal outlook is credible…
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NaCC pays N$9m in penalties to state coffers 

NaCC pays N$9m in penalties to state coffers 

Chamwe Kaira The Namibian Competition Commission (NaCC) has paid N$9 million in penalties into the state revenue fund after the audit of its 2024/25 financial year by the auditor general.  This fulfils its obligation under the Competition Act, which requires all collected penalties to be transferred to the fund. NaCC corporate communication practitioner Dina //Gowases said the commission collected the penalties through settlement and consent agreements with companies in several sectors, including non-financial services (N$1 million), cement (N$5 million) and fuel and air transportation (N$3 million).  She said investigations found that some companies violated chapters 3 and 4 of the…
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Economy slowed during Q2

Economy slowed during Q2

Staff Writer The Bank of Namibia (BoN) and the Namibia Financial Institutions Supervisory Authority (Namfisa) have released the October 2025 Financial Stability Report, assessing the strength of the country’s financial system and its ability to withstand internal and external shocks. According to the report, the domestic economy slowed sharply in the second quarter of 2025, mainly due to weak performance in the manufacturing, fishing, and agriculture sectors.  The economy grew by 1.6% during the quarter, compared to 3.3% recorded in the same period last year. The contraction was driven by declines in manufacturing, fishing and fish processing on board, and…
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Energy conference set for April next year

Energy conference set for April next year

Chamwe Kaira The eighth edition of the Namibia International Energy Conference (NIEC) will bring together industry leaders, government officials, and investors to discuss Namibia’s growing energy sector.  The conference will take place from 14 to 16 April 2026 in Windhoek. Organised by RichAfrica Consultancy, the conference will focus on Namibia's transition from exploration to development and production. It aims to promote the creation and sharing of in-country value while advancing a diversified energy mix that includes oil and gas, renewables, nuclear, and power generation. RichAfrica said this milestone edition will align with Namibia’s approach to building a balanced and sustainable…
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Namport strengthens ties with Oshikoto 

Namport strengthens ties with Oshikoto 

Renthia Kaimbi Namibian Ports Authority (Namport) chief executive officer Andrew Kanime hosted Oshikoto governor Sakarias Kathindi and his delegation for a strategic familiarisation visit last Wednesday. The visit aimed to strengthen regional cooperation and give the governor a clearer understanding of Namport’s operations and its role in driving Namibia’s economic development. Discussions focused on potential areas of collaboration in corporate social investment (CSI) to support sustainable projects within the Oshikoto region. The engagement formed part of Kathindi’s broader outreach programme, during which he has been meeting various corporate entities to mobilise support for the region’s key challenges, including a severe…
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