Debmarine Namibia on Monday unveiled two new 800NB crawlers and an upgraded recovery system for the MV Benguela Gem, marking a major upgrade in offshore diamond recovery technology. The 370-tonne crawlers are designed for tougher seabed conditions and will increase mining rates by 20% while extending pump life by 30%. They are expected to add...
A high-level delegation of the European Union is scheduled to visit Namibia from today to Friday. It aims to reinforce the EU-Namibia partnership and see how Global Gateway investments in Namibian green industrialisation boost job creation and growth. The delegation consists of the EU Commissioner for International Partnerships, Jozef Síkela, and the chair of the European...
Nedbank Namibia has announced the successful conclusion of a landmark funding deal with Achill Island Investments, a leading agricultural enterprise operating in the Aussenkehr Valley. The deal marks the beginning of a strategic partnership aimed at advancing Namibia’s agricultural sector. The funding will assist Achill Island Investments and its sister farm, Silverlands Vineyards, in expanding...
The Namibia Local Content Conference & Exhibition (NLCC) 2025, convened by Antila Oil & Gas (AO&G), the Namibia Chamber of Commerce and Industry (NCCI) and with the Namibia Investment Promotion and Development Board (NIPDB) as a strategic partner, is scheduled to take place from 7 to 9 October 2025 at The Dome in Swakopmund. Hosted...
The average house price in Namibia has increased to N$1,360,664 at the end of the second quarter of 2025 (2Q25), slightly up from N$1,345,270 in the first quarter (1Q25), and higher than the N$1,263,673 recorded in the same period last year (2Q24). This is according to the latest FNB Housing Price Index, which shows that...
Volkswagen is expected to introduce the updated Golf GTI to the southern African market in the last quarter of 2025, marking the arrival of the latest evolution of the world’s most iconic hot hatch. The Limited Edition launch model is expected to retail for over N$900 000. From urban streets to coastal highways, no other hot...
Tata Motors Passenger Vehicles has announced the arrival of the new Tata Harrier, a flagship premium SUV built on the Omega Arc platform which is derived from the Land Rover D8 platform. The Harrier truly combines luxury, capability and global pedigree. With a 5-star Global NCAP rating and enhanced ADAS (Advanced Driver Assistance Systems), the Harrier sets...
The Osire Refugee Camp, home to approximately 5 000 people, is a vibrant community that has long faced significant challenges in accessing banking services. With more than 3 000 to 4 000 adult refugees who have never been banked by any financial institution in Namibia, despite some having IDs and passports, the need for accessible...
KPMG has released its latest global report, Banking Transformation: The New Agenda, which reveals how leading banks are reshaping their operations to deliver sustainable growth and cost efficiency. Drawing on a global survey of 228 banking leaders, the report outlines practical strategies for African banks to navigate growing economic pressures, regulatory change, and intensifying competition...
Zimbabwe completed the ICC Women’s T20 World Cup Africa qualifier unbeaten, defeating hosts Namibia by nine wickets in the final on Saturday. Both finalists have secured places at the ICC Women’s T20 World Cup qualifier 2026 in Nepal. After winning the toss, Zimbabwe elected to field first and restricted Namibia to 115 runs. Despite a...