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...
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...
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...
One month into the United States and Israel’s war on Iran, the Middle East is beginning to feel significantly different, with its whole effects being felt across the world. Globally, energy prices are soaring as violence intensifies across the region. Namibia is not an exception. As efforts to reach a diplomatic off-ramp are offset by...
A new chapter has commenced for Namibia’s business community following the election of Vetumbuavi Mungunda as president of the Namibia Chamber of Commerce and Industry (NCCI). The leadership transition, confirmed at the chamber’s Annual General Meeting on 27 March 2026 at the Hilton Hotel Windhoek, signals a decisive shift toward a more assertive and inclusive...
With tensions escalating in the Middle East amid the ongoing war involving Israel, the United States of America and Iran, global oil markets have reacted sharply, with crude prices recently surpassing the US$100 per barrel mark. These and other geopolitical upheavals have created extreme market volatility and have severely disrupted global trade. This raises fresh...
Namibia’s National Oil Storage Facility (NOSF), situated on the outskirts of Walvis Bay, stands tall as one of the country’s most ambitious and strategically significant infrastructure investments. Built at a cost of roughly N$6.5 billion and designed to hold up to 75 million litres of fuel, the facility represents far more than a storage depot....
As Namibian motorists can expect a notable spike in fuel prices at the beginning of April with oil markets recalibrating around uncertainty created by the Iran war and disrupted supply lines, the cost of everyday mobility is set to increase. With damage already having been inflicted in the Middle East, both economically and on infrastructure,...
Hackers have claimed to have stolen an astounding 500 gigabytes of sensitive data that has put the country’s aviation infrastructure on high alert. This is as the Namibia Airports Company is facing an unprecedented cybersecurity threat after suffering a recent ransomware attack. In a statement released on 19 March 2026, the Namibia Cyber Security Incident...