Windhoek Observer

Chinese govt denies funding new SWAPO office

Chinese Ambassador to Namibia, Zhang Yiming, has rubbished recent media reports suggesting that the Chinese government will fund construction of the new N$730 million SWAPO headquarters.

Wildlife perish due to drought

Namibia has resorted to wildlife auctions to raise funds to save animals that are perishing in the country’s national parks due the persistent drought, the Windhoek Observer can reveal.

Govt happy with Erindi deal

Government says it’s happy with the outcome of the Erindi deal, which will see Mexican billionaire, Alberto Baillères acquiring the vast property, as it provides an investment boost into the country’s tourism sector.

Eos bags Avbob

Private equity fund, Eos Capital, through its Allegrow Fund, has acquired AVBOB Namibia Holdings (Pty) Ltd from its South African parent, AVBOB Mutual Insurance Society for an undisclosed amount.

Pry loose the leeches

Recently, President Hage Geingob met with student leaders at State House and is quoted as saying that not all students accepting NSFAF loans for their education have parents who are without financial options. 

Capricorn Group as part of its efforts to contribute towards developing leadership, launched its Senior Management Development Programme (SMDP) this week. 

Osino plans N$22m capital raise

Osino Resources Corp has announced plans to raise N$22 million through a non-brokered private placement.

Damen Shipyards Group and Debmarine Namibia participated in a special steel cutting ceremony to mark the beginning of construction on a new offshore vessel, AMV 3.

Tullow Oil in N$173m Namibia oil block deal

Calima Energy has agreed to sell its 56 percent stake in the deep-water exploration licence PEL 90 off the coast of Namibia to UK oil and gas major Tullow Oil for an upfront payment of N$28.9 million and success bonuses of up to N$144.5 million.

In February this year, President Hage Geingob announced a 15-member Commission of Inquiry into Ancestral Land Claim and Restitution.  


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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