Namibia

By: Hertha Ekandjo Trustco Group Holdings Limited has confirmed that a N$468 million transaction involving Legal Shield Holdings (LSH) will be fully reversed following a failed takeover attempt by the Riskowitz Value Fund LP (RVF). According to Trustco, about 400 million shares that were issued as part of the deal will now be returned to the company’s treasury. This move is expected to benefit existing shareholders. In a statement issued […]

By: Taati Niilenge The JP Brand Primary School, located about 50km outside Walvis Bay, will soon have their worn water tank support structures repaired. The organisers of the Marathon Des Sables (MDS) event, hosted last year in the Namib Desert, informed the school that N$20 000 from funds raised during the international marathon will be availed for the construction of new water tank structures that will replace the existing old […]

By: Maria Namupala The Ondangwa town council officially launched a campaign on Thursday to address the growing concern of illegal waste disposal. According to the town's spokesperson, Petrina Shitalangaho-Mutikisha, the increase in indiscriminate dumping across various areas of the town not only poses serious environmental and public health risks but has also negatively affected the image and attractiveness of the town. "The campaign seeks to raise awareness about responsible waste […]

By: Taati Niilenge The Gordon family from Walvis Bay were in tears on Wednesday as they witnessed a street at the Wakuna residential area of Kuisebmond being named after their brother and son Carlo Gordon. Captain Carlo Gordon died six years ago in the line of duty after the fishing trawler that he was on, sank in 2020 near Henties Bay.Twenty-six crew members were rescued because of his bravery and […]