Windhoek Observer

AVBOB rebrands to NAMBOB

Namibian private equity firm, Eos Capital on Thursday launched its NAMBOB brand onto the Namibian funeral space, as part of a rebranding exercise of AVBOB Namibia Holdings (Pty) Ltd after receiving the requisite regulatory approval to complete the acquisition of the business, which was funded through its N$460 million Allegrow Fund.

Hage’s victory dance on the grave of Team Swapo

A detailed analysis of the results of the pot emerging from the 2019 Swapo Electoral College is still evolving. But two clear points have emerged.

Fraud accused Kozonguizi allegedly strikes again

A Windhoek man charged with having embezzled money from estates of the deceased which he was administering may soon face the music for a similar, yet unrelated case, if accusations leveled this week, hold up.

ANIREP lists, raises N$110m

Alpha Namibia Industries Renewable Power Limited (ANIREP) was listed on the Namibia Stock Exchange (NSX) development board on Thursday. It has become the second Capital Pool Company (CPC) and the first Alternative Electricity Company on the bourse.

Cabinet decision halts Air Namibia’s CEO appointment

Air Namibia has suspended its process of appointing a new Managing Director. This was done as the practicality of the appointment will be heavily dependent on a cabinet pronouncement on the future of the airline.

Letshego bemoans impact of Micro Lending Act

Namibia Stock Exchange-listed Letshego Namibia says the introduced Micro Lending Act will impact on the profitability of its micro-lending business going forward as it moves to develop new product offering for its clients.

Zamco not affected by FMD outbreak

The Zambezi Meat Corporation (Zamco) says the recent outbreak of foot and mouth in the Zambezi region does not have an impact on its operations as the company is still to start its operations.

NCCI elects new leadership in the north

The recent election of a new leadership in three of Namibia Chamber of Commerce and Industry (NCCI) northern regions is expected to bring to an end the fight for control of the organisation’s members in the region, a position which over the years has pitted the trade lobby group against Tomas Iindji of the northern branch.

Hage, the Chinese and Zimbabweans are at fault

Parts of South Africa are on fire because of unaddressed smouldering issues left unattended by those elected to run the country. We condemn the violence in the streets of our neighbouring country and worry for Namibians living and working there.

Whose elephants are they anyway?

We have been following the various developments emerging from the recently concluded Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) held in Geneva, Switzerland.  We applaud the statements of Minister of Environment and Tourism Pohamba Shifeta calling for a review of Namibia’s continued membership in that international convention.
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WINDHOEK OBSERVER

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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