Mitsubishi has never been a brand to blindly chase trends, but with the arrival of the all-new Destinator, it’s clear the Japanese automaker is sharpening its focus on what modern families want: space, style, efficiency, and, crucially, value. And at a starting price of N$489 990, this seven-seater SUV doesn’t just talk a good game,...
Private sector credit extension (PSCE) in Namibia showed tentative signs of recovery in February 2026, but the underlying picture remains fragile, with uneven momentum and mounting downside risks as households retrench and businesses tread cautiously. In its analysis of the latest PSCE figures, FNB Namibia noted that after four consecutive months of slowing growth, PSCE...
Namibia’s construction sector, which has long been regarded as a critical engine of economic growth and a significant contributor to national GDP, is facing renewed uncertainty, as the Construction Industries Federation of Namibia (CIF) warns that current infrastructure procurement models risk sidelining local contractors in the domestic market. At the centre of the controversy is...
The Namibian Employers’ Federation (NEF) has issued a pointed warning over what it describes as a troubling rise in ministerial involvement in company-level labour disputes, cautioning that such interventions risk undermining Namibia’s established legal framework and destabilising labour relations. In a strongly worded media statement, the NEF stressed that while compliance with labour laws remains...
In a bold move to confront mounting pressure on Namibia’s healthcare system, the Development Bank of Namibia (DBN) has disbursed N$1 billion to a national health infrastructure programme, signalling a major escalation in efforts to modernise and expand critical medical facilities nationwide. The funding, released on 27 March 2027, is part of the government’s ambitious...
Namibia’s latest fuel price hike is poised to deliver a severe blow to the country’s industrial sector, as businesses heavily dependent on diesel now face sharply rising operational costs that could ripple across the entire domestic economy. This is after Namibian petrol prices were increased yesterday by N$2.50 per litre, while both grades of diesel...
Namibia’s non-banking financial institutions (NBFI) sector has surged past the N$552 billion mark in total assets, underpinned by robust investment performance and sustained demand for financial services, according to the latest data released by the Namibia Financial Institutions Supervisory Authority (Namfisa). Figures contained in Namfisa’s Fourth Quarter 2025 Statistical Bulletin show the NBFI sector recorded...
Namibia’s mining sector, long regarded as a pillar of economic stability and foreign investment, is facing mounting pressure after a decline in global rankings exposed growing investor unease over policy direction and regulatory clarity. The Chamber of Mines of Namibia has issued a stark warning following the release of the Fraser Institute Annual Survey of...
The fallout from a recent cyberattack on the Namibia Airports Company (NAC) has escalated sharply, with confirmation that illegally obtained data has been released on the dark web by the shadowy INC Ransomware Group. The recent cyber breach, which has renewed calls for increased cyber security in the country’s digital infrastructure, involves a potentially wide-ranging...
In a bid to reshape Namibia’s resource-rich economy, the Ministry of Industries, Mines and Energy (MIME) last week revealed an ambitious five-year strategic plan aimed at transforming the country from a primary commodity exporter into a value-driven industrial powerhouse. Presenting the 2025/26 to 2029/30 roadmap, Minister Modestus Amutse positioned the strategy as a pivotal moment...