Bank Windhoek chief financial officer and acting executive officer of specialist finance Zenaune Kamberipa has noted that the coast now accounts for around one-fifth of Namibia’s housing transactions. Speaking at the bank’s Coastal Estate Agent Awards in Swakopmund last week, Kamberipa said this is an indicator of strengthening demand, supported by lifestyle migration, tourism investment...
The 2026 National Budget showed that Namibia’s fiscal trajectory has deteriorated, compared to recent favourable expectations. This is according to Floris Bergh, chief economist at Capricorn Asset Management (CAM), whose latest budget analysis forecasts that Namibia’s creditworthiness is unlikely to improve and that funding pressure is expected to remain high as State-Owned Enterprises (SOEs) join...
Namibia’s flagship fuel infrastructure, the National Oil Storage Facility, is generating an estimated N$3 billion in annual revenue, but the single biggest cost to ensure its operational and long-term efficiency is not supply, logistics, or demand, but relentless and complex maintenance. Five years after becoming operational, the strategic reserve, designed to secure Namibia’s fuel supply...
Chery has announced a major upgrade to its popular Tiggo 4 range, strengthening its position in the competitive compact SUV market in Namibia. The refreshed Tiggo Cross LiT MT and Tiggo Cross LiT CVT models are expected to arrive in Namibian showrooms as early as next month, offering numerous improvements focused on safety, comfort, technology,...
A major shift in Africa’s energy landscape is underway following the launch of production at the Quiluma offshore gas field. The landmark project positions Angola as an increasingly critical supplier of liquefied natural gas (LNG) to global markets. Announced in Paris yesterday by TotalEnergies, the start-up of Quiluma marks Angola’s first-ever development of a non-associated...
A cybersecurity breach at the Namibia Airports Company (NAC) has put Namibia’s aviation and digital security sectors on high alert. This has prompted urgent warnings from national cyber authorities and raised fresh concerns about the resilience of critical digital infrastructure. NAC confirmed that the incident, detected on 6 March 2026, involved unauthorised access to parts...
As the United States of America and Israel continue to wage an illegal war on Iran, the resultant geopolitical and market volatility has resulted in a surge in global oil prices. Brent crude, the most significant benchmark for global oil prices, was hovering around US$104 per barrel yesterday after hitting US$106 per barrel on Sunday. ...
The government has launched a review of storage fees at the country’s strategic fuel depot to open the sector to more Namibian entrepreneurs and improve access to critical fuel infrastructure. The review is being undertaken by the Ministry of Industries, Mines and Energy in partnership with the National Petroleum Corporation of Namibia (Namcor). Officials say...
The African portfolio for energy supermajor Chevron is entering a new phase of exploration-led growth. This is as international energy companies continue to pursue new discoveries across frontier basins and established producing hubs. For Chevron, Namibia has emerged as one of the most closely watched exploration regions in the world following a series of major...
Namibia’s inflation rate fell to a four-year low in February, but economists warn this might only be the calm before the storm. Rising geopolitical tensions in the Middle East have sharply altered the global energy outlook, raising the risk that Namibia’s disinflation trend could soon reverse. According to analysis from financial services firm Simonis Storm...