BW Energy supports Namibia’s drive for local value addition

BW Energy, an affiliate of the BW Group, says its mission in Namibia aligns with the government's resolve to promote value addition to resources locally. The company has filed environmental documents to secure approval to drill appraisal wells on...

Windhoek Industrial and Agricultural Show 2025 opens

The Windhoek Industrial and Agricultural Show has commenced for 2025, attracting farmers, agribusinesses and industry professionals from across the country. Last year, the show welcomed over 64,000 visitors and showcased over 1,950 animals. For...

Africa Bitcoin Corporation reports 108% increase in net asset value

Africa Bitcoin Corporation’s (ABC) net asset value (NAV) per ordinary share would increase by 108% to R13.40 by the end of the six months to August 31, compared with the same period a year before. The company, which until recently was known as...

Namibia qualifies for T20 World Cup 2026 with might victory in Africa qualifiers

Cricket News Namibia have qualified for T20 World Cup 2026. (Photo: X) New Delhi: Namibia has become the first team to qualify for the men’s T20 World Cup 2026 in India and Sri Lanka from the Africa qualifiers. Namibia thrashed Tanzania in their...

Namibia's trade deficit hits record 308 mln USD in August

WINDHOEK, Oct. 2 (Xinhua) -- Namibia posted a record trade deficit of 5.3 billion Namibian dollars (about 308 million U.S. dollars) in August, up from the previous month's 13 million Namibian dollars, the country's statistics agency said Thursday....

Financial sector unites for climate action in NSFA

The Namibia Sustainable Finance Alliance (NSFA) was launched on Tuesday as a voluntary, multi-stakeholder platform through which regulators, financial institutions, industry associations and government agencies will coordinate efforts to...

Namibia: Germany must deliver reparatory justice for its brutal colonial past  

Germany must fully acknowledge its legal responsibility for the genocide and other colonial crimes it committed in Namibia and provide reparations to the descendants of victims, Amnesty International said today on the anniversary of one of the...

African insurance market: provisional turnover for 2024

According to estimates by Atlas Magazine, the turnover of the African insurance market will reach USD 73.42 billion in 2024. The sector is dominated by South Africa, followed by Morocco, Kenya, Egypt, and Algeria. These five countries account for...

JSE slates ‘unacceptable’ conduct by Namibian billionaire’s group

02 October 2025 - 18:34 by Kabelo Khumalo Trustco, run by Namibian billionaire Quinton van Rooyen, has again found itself in trouble with the JSE over how it conducts its business dealings. The bourse on Thursday said it had imposed a R5m fine on...

Namibia’s debt burden will still rise after eurobond repayment 

Chamwe Kaira Namibia’s total debt stock is expected to dip in October when a US$750 million eurobond is repaid but rise again to reach N$172.4 billion by the end of the 2025/26 financial year, equal to 62% of gross domestic product (GDP)....

Namibia seeks deeper trade and city partnerships with Philadelphia

Remarks by president Netumbo Nandi-Ndaitwah, Philadelphia City Hall, 25 September 2025 I stand before you today with deep humility and sincere gratitude, representing the people of the Republic of Namibia. It is an honour to address this esteemed...

Bright Side Stories: Youth from 40 Countries Join Financial Security Olympiad in Russia

The final stage of the International Olympiad on Financial Security opened at Siberian Federal University in Krasnoyarsk, Russia, with 600 students from 40 countries, including BRICS, CIS, SCO, Africa, Latin America and the Middle East. Moscow...

Namibia announces end of wildfire in Etosha National Park

A wildfire has ravaged Namibia’s Etosha National Park, destroying more than a third of the country’s flagship reserve before firefighters finally contained it. Environment Minister Indileni Daniel announced on Monday that the blaze, which burned...

Wildfires consume 38% of Namibia's flagship Etosha National Park

WINDHOEK -- Wildfires have ravaged about 853,946 hectares of Namibia's flagship Etosha National Park, with the area affected representing 38 percent of the park's total landmass, Minister of Environment, Forestry, and Tourism Indileni Daniel...

Prominent northern businessman Uahengo taken to court over botched business deal

Staff Reporter GABRIEL Uahengo, a prominent northern businessman, has been taken to court by Chinese businessman Hou Xuecheng after allegedly failing to sign off documents following Xuecheng’s purchase of shares in his business, Seal Products...

Update: Wildfires consume 38 percent of Namibia's flagship Etosha National Park

WINDHOEK, Oct. 2 (Xinhua) -- Wildfires have ravaged about 853,946 hectares of Namibia's flagship Etosha National Park, with the area affected representing 38 percent of the park's total landmass, Minister of Environment, Forestry, and Tourism...

BoN comments on slowing economic growth

The central bank has commented on Namibia’s economy slowing in the second quarter of 2025, held back by weak performances in manufacturing, fishing, and agriculture. A report from the Bank of Namibia show that the economy grew by 1.6% in real...

Finance minister sued over payroll deductions

The microlending company Entrépo Finance is suing the minister of finance, the prime minister and various other parties in an attempt to stop a plan to discontinue the government’s payroll deductions management system. In an urgent case filed at...

Omaheke commercial farmers call for abolition of land tax

GOBABIS, 01 October- President Netumbo Nandi-Ndaitwah engaging Omaheke commercial farmers. (PHOTO by Eba Kandovazu). NAMPA WINDHOEK, 02 OCT (NAMPA) - Commercial farmers in the Omaheke region have called on government to abolish land tax for...

New currency series officially in circulation

Since the end of September 2025, the latest series of upgraded banknotes and new coins, which were introduced by the central bank earlier this year, have been available at commercial banks and ATMs countrywide. The Bank of Namibia officially...