Windhoek Observer

Tanga hits more copper in Namibia

Australian Stock Exchange (ASX) listed, Microcap Tanga Resources has announced that it has uncovered more copper at its Hagenhof copper project in Namibia, with follow-up drilling intersecting grades up to 2.97 per cent.

Sertum Energy puts Trekkopje solar power plant into operation

Independent power producer (IPP), Sertum Energy Namibia recently commissioned its Trekkopje solar power plant with a capacity of 5 MW, located on a site that has potential to produce 27 MW.

The judiciary must be independent

We await the results of Chief Justice Peter Shivute and the Judicial Services Commission’s investigation into why the KORA awards court matter was illegally hidden from the public. 

SACU, UK sign EPA agreement

The Southern African Customs Union (SACU) member states and Mozambique have signed a new Economic Partnership Agreement with the United Kingdom of Great Britain and Northern Ireland.

KfW urges reforms to spur economic recovery

German state-owned development bank, KfW says Namibia could take a while to recover from its current economic crisis than expected.
KfW Director, Uwe Stoll, without giving a timeframe, told the Windhoek Observer that strong policy reforms were required to steer the country to recovery.

PIC invests in NSX listed ANIREP

Africa’s biggest pension fund, the Public Investment Corporation of South Africa (PIC), with assets worth over N$2 trillion, made its first investment in Namibia’s capital markets after its subscribed to 5 300 000 shares in Namibia Stock Exchange (NSX) listed Alpha Namibia Industries Renewable Power Limited (ANIREP) in a transaction valued at N$53 million.

Ruling party manifesto is MIA

Telling those who are heading to the polls what you intend to do when elected is not an optional activity. The words in a manifesto detail what a party will do; what that party believes is important; and how that party intends to lead if elected. In effect, it is like a job application to the voters. How can one expect to win the job when submitting an incomplete application?

Meatco appoints new acting CEO

The Meatco Board has appointed its Executive: Finance, HR, IT and Administration, Angus Claassen, as the new Acting Chief Executive Officer as the company continues with the hunt of a substantive CEO following the departure of Vekuii Rukoro, who resigned in December 2017.

Fitch downgrades Namibia

The government’s failure to heed warnings about the state of the economy has been attributed as part of the reasons behind the mounting economic challenges and Tuesday’s downgrade of Namibia’s credit rating to BB with stable outlook, down from BB+ by Fitch.

The media cannot ‘destroy’ SWAPO

Swapo Party spokesperson Hilma Nicanor blasted anyone who reported on the SWAPO Colours Rally in a way she did not like. Her ill-conceived outburst is quite telling.
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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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