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...
NIDA and NASH held a seminar in Bergen, Norway, from 27 to 28 April 2026 under the theme “Unlocking Namibia’s Salmon Industry, an Opportunity to Industrialisation”. The seminar was a follow-up to the Namibian seminar held in Windhoek on 24 February 2026. Bergen is considered the centre of the Salmon industry in Norway and is...
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...
Government has reaffirmed that Namibia’s green hydrogen industry is expected to create 30 000 jobs by 2030 as the country pushes to position itself as a hub for green industrial development. The burgeoning green hydrogen industry has so far created more than 400 jobs. Deputy Minister of Industries, Mines and Energy, Gaudentia Kröhne, said green...
HONG KONG – Oil prices dived again yesterday on fresh hopes for an end to the Iran war, while Samsung blasted past the US$1 trillion valuation mark in an equity markets rally stoked by the AI tech boom. Investors welcomed Donald Trump’s decision to pause efforts to help stranded ships through the crucial Strait of...
FRANKFURT – German premium carmaker BMW yesterday said it expected trade tensions between the EU and United States to subside despite US President Donald Trump’s threat to hike tariffs on European cars. Trump said last week that he would hike the tariff on European Union cars to 25%, up from 15%, charging that the bloc...
Adolf Kaure The Ministry of Finance has formally declared that the Financial Institutions and Markets Act, 2021 (FIMA) has come into operation on 1 May. FIMA introduces a more integrated, principles-based regulatory framework, strengthening governance, enhancing supervisory powers, and promoting a more outcome-driven approach to member protection and market conduct. According to the RFIN chairperson,...
Nedbank Namibia recently conducted key client engagements in Rundu and Katima Mulilo, reinforcing the bank’s commitment to meaningful regional partnerships and ensuring that its 2026 strategy speaks directly to the needs of clients and communities across the country. As part of its annual Managing Director Roadshow which spans all major towns across Namibia, the roadshow...
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...
First National Bank Namibia (FNB) has appointed Bolle Hans as Head of Public Sector Banking with effect from 1 May 2026. Hans has more than 31 years of banking experience in retail, corporate and private banking. He has spent over three decades within the FirstRand Namibia Group. The bank said the appointment forms part of...