Chinese propose nuclear plant

April 28th, 2017
Namibia could soon go nuclear after Swakop Uranium, the owner of the ...

Education ministry delays slow EU funding

April 28th, 2017
The Namibian education sector, currently reeling under budget cuts, ...

Power blackouts feared as Public Procurement Board dilly dallies

April 28th, 2017
The delay to implement the new Public Procurement Act, as the new ...

New tender board embroiled in controversy

April 21st, 2017
The newly-established Central Procurement Board of Namibia is ...

SWAPO hawks circle around Kaura

April 21st, 2017
Kunene Regional Governor Advisor, Katuutire Kaura, has come ...

Geingob off the mark - Kazenambo

April 21st, 2017
Former Cabinet Minister and current SWAPO Party Politburo member, ...

Lawyers on the run

April 13th, 2017
The Guardian Fund, which administers deceased estates on behalf of ...

Cheque usage declines sharply

Statistics contained in the Bank of Namibia’s annual report for the financial year ended 31 December 2016, show a steep decline in the value and volumes of cheques issued during last year. A total of 1,1 million cheques were processed during 2016, with a combined total value of N$10 billion, which represents a 60 percent decline in value from the N$27 billion recorded in prior year.

Angola to repatriate N$2bn to Namibia

The Bank of Namibia (BoN) says it expects the Angolan central bank to pay back in excess of N$2 billion by the end of 2017, following the cancellation of a currency conversion agreement between the neighbouring countries at the end of 2015. BoN Governor Iipumbu Shiimi said on Wednesday that almost US$300 million was still owed by the Angolan apex bank after last week’s payment of at least US$55 million.

BoN backtracks on SME Bank

In an interesting twist to the ongoing fight over the control of SME Bank, the Bank of Namibia (BoN) seems to have made a major climb down from its earlier decision to unilaterally fire the lender’s board of directors, after it announced this week that the board had not been fired, but “disempowered”.


The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.


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