Namibia – Windhoek Observer

21 Nov

Namibia, Botswana and RSA to unite for joint law enforcement operations

ObserverNational NewsBotswana and RSA to unite for joint law enforcement operations, Namibia

Niël Terblanché The governments of Botswana, Namibia, and South Africa have reaffirmed their commitment to the Trans Kalahari Corridor (TKC), a crucial trade route connecting these nations, through the signing of a Memorandum of Understanding (MoU). The agreement, signed in Walvis Bay on November 3, 2003, is aimed at enhancing trade relationships and ensuring the smooth movement of goods and people along the corridor and throughout the region. The MoU represents a shared vision among the three participating nations, providing a foundation for collaborative efforts to streamline trade processes and facilitate efficient transportation along the TKC. Ankwetse Hunda, spokesperson for…

20 Feb

Namibia, Angola Central Banks strengthen ties

ObserverNational NewsAngola Central Banks strengthen ties, Namibia, The Bank of Namibia (BoN) and Banco Nacional de Angola (BNA)

Hertta-Maria Amutenja The Bank of Namibia (BoN) and Banco Nacional de Angola (BNA) have signed an agreement to formally establish their collaboration and partnership as part of efforts to improve their bilateral relations. The agreement was signed by the Governor of the Bank of Namibia, Johannes !Gawaxab and his counterpart Jose de Lima Massano in Luanda, Angola.  “In this regard, the institutions have agreed to focus on effective utilisation of the existing regional cross-border payment systems as well as exploring retail payment options such as prepaid cards for the payment of goods and services. Other solutions being explored are trade related…

05 Oct

Namibia, Zambia agree on construction of oil pipeline

ObserverNational NewsNamibia, NAZOP from Walvis Bay to Zambia, Zambia agree on construction of oil pipeline

Staff Writer Namibia and Zambia will sign a Memorandum of Understanding on cooperation in facilitating private sector development and implementation of an oil products and natural gas pipeline project, known as NAZOP from Walvis Bay to Zambia. Minister of International Relations Netumbo Nandi- Ndaitwah revealed this today at the Political and Diplomatic Consultations for the 10th Session of the Namibia-Zambia Joint Commission of Cooperation. Nandi-Ndaitwah said the construction of NAZO from Zambia to Walvis Bay will benefit both nations of Namibia and Zambia by creating value chains and employment creation. Namibia is the host of the 10th Session of the…

25 Jun

Namibia, Germany enter into interest free loan agreement of over N$2b

ObserverNational NewsFinance Ipumbu Shiimi and German Ambassador Herbert Beck, Germany enter into interest free loan agreement of over N$2b, Namibia

Staff Writer Minister of Finance Ipumbu Shiimi and German Ambassador Herbert Beck signed a Financial Cooperation Agreement between Germany and Namibia on interest-free loans today. The total amount of the agreement is approximately N$2.7 billion, bringing the total amount of German development cooperation with Namibia to approximately N$26.8 billion. The agreement covers three major areas of German-Namibia development cooperation: NamPost Funding Facility in Support of Micro and Small Enterprises (MSE) and Low Income Households in Overcoming the COVID-19 Crisis, with an investment of up to N$334 million; Water Sector Support Program II, with an investment of up to N$1.25 billion…

12 May

Namibia, SA selected on IPU Russia/Ukraine task force

ObserverObserver MoneyInter Parliamentary Union (IPU), Namibia, Namibia and South Africa, Peter Katjavivi, SA selected on IPU Russia/Ukraine task force, Seiso Joel Mohair

Martin Endjala The Inter Parliamentary Union (IPU) has elected Namibia and South Africa, as the only African countries to form a task force mandated to resolve the ongoing Russia and Ukraine conflicts. This was revealed yesterday by the National Assembly Speaker Peter Katjavivi during a courtesy visit from the members of the South African National Council of Provinces (NCOP) on a benchmarking visit to the National Council. Speaker Katjavivi with his counterpart Nosiviwe Mapisa-Nqakula from South Africa, are the only leaders the IPU has vetted as representatives from Africa. Katjavivi pointed out that the gesture from the world’s parliamentary body,…

27 Apr

Namibia, SA driving emerging oil activities

ObserverUncategorisedNamibia, Namibia and South Africa, SA driving emerging oil activities, TotalEnergies

Staff Writer Namibia and South Africa have become focal points for new discoveries and exploration and are driving significant Merger and Acquisition (M&A) activities, according to petroleum experts. The is especially the case within the Orange Basin, where both Shell and TotalEnergies have announced world-class deliveries this year, writes Paul Sinclair, the Vice President of Energy and Director of Government Services of Green Energy Africa, in an opinion piece. He says that risk appetite in West and Central Africa is relatively down, but is considerably higher in frontier basins in Southern Africa. ‘’This is particularly the case in Angola (Namibe…

15 Dec

BON anticipates significant economic growth in 2022

ObserverObserver MoneyBank of Namibia, Namibia

Tujoromajo Kasuto NAMIBIA’S economic performance was expected to improve slightly during 2021 and improve further in 2022, supported by better growth for the mining industry and most tertiary industries, Bank of Namibia’s (BON) economic outlook for December 2021 is revealing. The domestic economy is projected to grow by 1.5 percent and by 3.3 percent in 2021 and 2022 respectively, representing an improvement from 8.5 percent contraction in 2020. The latest projection of 1.5 percent growth for 2021 represents a marginal improvement, compared to 1.4 percent published in the August 2021 Economic Outlook. Risks to domestic growth remain dominated by the…

10 Dec

Enters the vicious cycle of unholy coalitions crumbling to the detriment of local residents

ObserverUncategorisedNamibia, Swapo Party of Namibia

LATELY there have been at the local authorities level too much ado about nothing as the various political parties and formations jostle for positions on the management committees of the various hung councils. As much as these elections were accompanied with much excitement, Yours Truly Ideologically cannot but be less excited about their outcome, the hung councils. Because in the final analysis these changes cannot be anything else but a zero some game accompanied by superficial visions and ideals. For democracy yes one may put some premium on these elections and subsequent recurring elections of the management committees. But in…

10 Dec

Geingob pleased with Cabinet’s work despite COVID-19 challenges

ObserverObserver MoneyCabinet, Namibia, president Hage Geingob

Eba Kandovazu PRESIDENT Hage Geingob says although Namibia faced challenges this year as a result of the deadly Coronavirus pandemic, Government has stood strong and Cabinet has responded to multiple crises with swiftness and purpose. At the last Cabinet meeting of the year, he says in the midst of immense human losses, Cabinet has provided the nation with the reassurance of direction, order and security. “In the eye of the storm, we have steered the ship towards calmer waters. Through your swift and decisive action, our nation has been able to avert a potential humanitarian disaster. At this juncture, I…

30 Nov

Over 16 injuries, 4 deaths due reckless and negligent driving

ObserverObserver MoneyNamibia, Namibian Police

Tujoromajo Kasuto Reckless and negligent driving accounts for over 16 injuries and four deaths across Namibia over the past weekend according to the Namibian Police weekend crime and incidents report. An unlicensed driver of a Toyota sedan lost control of the vehicle and hit a woman identified as Jacobine Haimbodi who was walking next to the road in the village in Ongenga C in the Ongenga constituency in Ohangwena on Friday. Haimbodi was taken to the Engela Hospital by members of the public and she succumbed to her injuries at the hospital the same day at around 21h00. The 38-…