The country’s micro, small and medium enterprise (MSME) sector has received a major boost while structured pathways for graduate and intern employment has been created within the private sector. This is a result of the recent signing of a three-year Memorandum of Agreement (MoA) between the Namibia Chamber of Commerce and Industry (NCCI) and the...
The northern town of Otavi is positioning itself for a new phase of economic expansion, with plans for fully serviced suburbs, a university satellite campus and renewed cooperation with the mining sector expected to inject fresh momentum into the town’s economy. According to the acting chief executive officer of the Otavi Town Council, Heita Shikeenga,...
The 2nd Namibia–EU Business Forum, held in Windhoek last week, underscored a deepening and strategically reoriented partnership aimed at steering Namibia’s economy “Towards Stronger, Greener and More Diversified Economies.” The forum highlighted Namibia’s deliberate pivot from primarily exporting raw materials to developing value-added industries, building on established trade links that saw Namibian exports to the...
OTAVI – The Namibia University of Science and Technology’s (Nust) decision to relocate its Agricultural Satellite Campus from Rietfontein to Otavi is already sparking private-sector interest and could mark the beginning of a long-awaited economic revival for the Otjozondjupa town, local officials say. The NUST council approved the move in February this year, endorsing Otavi...
GROOTFONTEIN – The Grootfontein Municipality is ramping up efforts to position the often-overlooked northern-central town as a major agro-economic and logistics hub. In so doing, the town is leveraging its strategic location within a thriving farming community as well as along regional trade corridors. Acting Grootfontein CEO Indileni Lungameni hopes to capitalise on this strategic...
Namibia’s recent decision to temporarily relax trawling limits for the wet-landed horse mackerel subsector, allowing fishing in shallower waters from the 200-metres isobath to 150 metres, has sparked significant debate within the industry and raised questions about its alignment with international trade rules. The Ministry of Agriculture, Fisheries, Water and Land Reform recently reduced the...
As an accountability measure, Namibia Health Plan (NHP) has instituted structured corrective actions, under the oversight of its executive management and governance structures, to restore service levels, strengthen communication processes and rebuild stakeholder confidence. These measures come after recent and frustrating payment delays to medical practitioners. In a statement issued on Wednesday, NHP said it...
First National Bank of Namibia expects the Bank of Namibia to keep the repo rate unchanged in 2026. FNB economist, Mandisa van Wyk, points out that elevated inflation risks from higher oil prices, weak growth, and exchange rate volatility warrant a cautious stance. On 29 April 2026, the Bank of Namibia’s (BoN’s) MPC announced its...
Namibia’s automotive market is entering a new battleground, and it’s being fought in the sub-N$400 000 price bracket. Traditionally dominated by compact hatchbacks and entry-level sedans, this segment is now facing serious disruption from an unlikely contender, namely a double-cab bakkie. At the centre of the market disruption is the newly introduced JAC T8 Comfort...
Fabian Shaanika has taken over the helm of the Chamber of Mines of Namibia as the new CEO of the organisation that represents the mining industry in the country. Shaanika’s appointment is effective as of 1 May 2026. He takes over from outgoing CEO, Veston Malango, who has led the chamber for the last two...