The European Union’s Carbon Border Adjustment Mechanism (CBAM), set to take effect in 2026, is a policy designed to combat carbon leakage and promote fair competition by imposing tariffs on imports from countries with weaker climate policies. While CBAM presents challenges for carbon-intensive exporters, it also offers Namibia a unique opportunity to strengthen its economy,...
The Namibia Financial Institutions Supervisory Authority (Namfisa) stated it is enthusiastic about the opportunities presented by the Regulatory Sandbox, which allows innovators to test their ideas in a controlled environment, facilitating positive change while ensuring these advancements uphold fairness and financial system stability. In this regard, Namfisa yesterday announced that Express Credit Cash Advance officially...
The Port of Walvis Bay rubber-stamped its authority as the country’s largest commercial anchorage when it performed beyond expectation by handling export cargo worth over N$4.7 billion in January 2025 alone. This is according to the latest Namibia Statistics Agency (NSA)’s Merchandise Trade Bulletin. The port is strategically located halfway down Namibia’s coast, and provides...
Laimi Shigwedha The discovery and development of oil and gas resources in Namibia present a significant opportunity for economic transformation. However, for these benefits to be widely shared, local content policies must be prioritised and effectively implemented. As someone deeply involved in the offshore and oil and gas industry, I am passionate about ensuring that...
Rauna Kalola Erongo regional governor Neville Andre has announced the successful conclusion of negotiations for a twinning agreement with the Western Cape Province. This marks a new era of regional cooperation focused on economic growth and cultural exchange. Following a briefing meeting last week with Ivan Meyer, the Western Cape’s agriculture, economic development and tourism...
As part of its “Think Namibia” campaign and its ‘Aquaponics-Systems for Educational Institutions to Improve Food Security’, the Hanns Seidel Foundation recently handed-over a state-of-the-art aquaponics system to the Vocational Training School at Development Aid from People for People (DAPP) Namibia near Outapi in the Omusati region. The handover took place on 18 March 2025...
Real estate agents described 2024 as a year filled with challenges and opportunities in the property financing industry. They endured challenges and remained motivated to make more sales in 2025. These sentiments were shared at the Bank Windhoek annual Coastal Estate Agent Awards in Swakopmund on 14 March. The awards recognise estate agents’ hard work...
Green hydrogen is steadily becoming a reality in Namibia, as the first green industrial combustible gas was recently produced in the country. Although production has not reached full capacity, at only about 80kg per hour, HyIron Namibia aims to produce 215kg of green hydrogen per hour when their electrolyser is commissioned. HyIron Namibia chief executive...
Namibia has taken a giant leap forward in financial education and market intelligence with the official launch of the Bloomberg Finance Lab at the Namibia University of Science and Technology (Nust). This is a collaborative initiative between Nust, Mobile Telecommunications Limited (MTC), and the Namibia Investment and Finance Academy (Nifa). The Bloomberg Finance Lab is...
Bank Windhoek’s annual stakeholder engagement session took place at the Hilton Hotel in Windhoek on Tuesday. While embracing the dawn of a new era defined by artificial intelligence’s (AI) swift and seismic transformation, the event explored how AI reshapes industries, challenges old paradigms. It presents stark choices to embrace or retreat from it. “Africa stands...