Windhoek Observer

Opuwo cobalt company shares oversubscribed

Celsius Resources Limited said this week that the company’s Share Purchase Plan (SPP), which closed on Friday 18 May, was heavily oversubscribed with applications of more than US$6 million (N$75 million) received from shareholders.

Planned iron ore mine to boost economy

A planned iron ore mine east of Windhoek may have significant benefits to the country, according to a Scoping Report and Draft Environmental Management Plan that was presented to the Ministry of Environment and Tourism last week.

Paragon launches Shafiishuna Village

Paragon Properties has launched Shafiishuna Village, a new exciting housing development located in a prime location in Okahandja.

Crime in the ‘other’ Namibia

This week’s police action against a reportedly notorious armed robber, Sakaria Amateta (aka Kablou) which resulted in the accused criminal’s death,
The Economic Association of Namibia (EAN) expects inflation, which increased slightly from 3.5 percent in the previous two months to 3.6 percent in April, to pick up during the remainder of 2018.

Skorpion Zinc’s parent company appoints new CEO

Vedanta Resources this week announced the appointment of Deshnee Naidoo, as the Chief Executive Officer for Africa Base Metals.

BoN maintains ban on cryptocurrencies

Cryptocurrencies remain banned in the country, the Bank of Namibia maintained recently in its latest position paper on virtual currencies.

Dedication pays for young entrepreneur

With a natural flair for business and determination to make a success of her life, Lydia Shipateko has shown that graduates can triumph in challenging economic times.

Oil prices to average US$65 a barrel in 2018

Oil prices are forecast to average US$65 a barrel over 2018, up from an average of US$53 a barrel in 2017, on strong demand from consumers and restraint by oil producers, the World Bank said in a recent report.

Food bank challenges emerge

The recently announced streamlining of qualification criteria for the pilot food bank in Windhoek is not a surprise to us. 

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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