The Namibia Securities Exchange (NSX) has been recognised as the Most Innovative Securities Exchange, Southern Africa 2025 under the Innovation Awards category of the Global Banking and Finance Awards 2025, an international awards programme conducted by Global Banking and Finance Review. According to a statement from Tjiundja Kazohua, Chief Regulatory Officer at the Namibia Securities...
The Communications Regulatory Authority of Namibia (CRAN) said it has received strong public support for the Starlink telecommunications licence application. Mufaro Nesongano, Executive for Communication and Consumer Relations at CRAN, said although the application is still under consideration, the majority of the submissions received are in favour of the telecommunications company. He said that by...
The Namibia Investment Promotion and Development Board (NIPDB) launched the Namibia Convention Bureau (NCB) yesterday. The new bureau, housed under the NIPDB, will help position Namibia as a top destination for Meetings, Incentives, Conferences, and Exhibitions (MICE). The launch marks a step forward for Namibia as it aims to compete in the regional and global...
Whale Rock Cement (trading as Cheetah Cement) and the Mineworkers Union of Namibia (MUN) have reached a new wage agreement for the 2025 and 2026 financial years. The agreement signed on 12 December 2025 aligns with the Recognition and Procedural Agreement between the two parties. Under the agreement, all employees in the bargaining unit will...
Outgoing Bank of Namibia Governor Johannes ǃGawaxab said the central bank is strong, stable, and well positioned for the future, following five years of turbulence, reform, and transformation. Reflecting on his tenure, !Gawaxab said his time in office, which began in 2020 at the height of the COVID-19 pandemic, tested the country’s financial system in...
The total number of active SIM cards in Namibia increased by 3% between July and September 2025, indicating renewed growth after a stable period in the second quarter. The increase was mainly driven by prepaid SIM cards, which rose by 3%. Postpaid subscriptions grew more slowly, increasing by only 1%. Mobile internet use also continued...
The Bank of Namibia says the country has made steady progress in strengthening its fight against money laundering and financial crime. Director of the Financial Intelligence Centre (FIC), Bryan Eiseb, last week announced that Namibia’s performance has improved in the 2025 Basel Anti-Money Laundering (AML) and Financial Crime Risk Index. According to the index, Namibia’s...
African Export-Import Bank (Afreximbank), Africa’s leading multilateral financial institution, on Saturday marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital, which will also be the home of the bank’s new global headquarters. The brand new facilities are scheduled for completion in early 2029. Situated in...
Chief Executive Officer of the Electricity Control Board (ECB), Robert Kahimise, on Friday said NamPower is owed a total of N$912 million by various entities across the country. Kahimise made the announcement during a media briefing, where he outlined the growing debt owed to the national power utility. According to the ECB, local authorities and...
Works and transport minister, Veikko Nekundi, has urged public passenger carrier permit holders who have raised taxi fares without following legal procedures to immediately rectify the matter and cease the unlawful practice. In a stern statement on Friday, the minister cautioned the permit holders to cease unauthorised fare increases as these are regulated by the...