The Government Institutions Pension Fund (GIPF) last week conducted a one-day media workshop to help journalists improve their reporting of financial information. The workshop was held in partnership with the Witwatersrand Centre for Journalism under the theme “Mastering the art of storytelling with numbers.” The training was facilitated by Gillian Jones from Johannesburg, with more...
The fallout from a recent cyberattack on the Namibia Airports Company (NAC) has escalated sharply, with confirmation that illegally obtained data has been released on the dark web by the shadowy INC Ransomware Group. The recent cyber breach, which has renewed calls for increased cyber security in the country’s digital infrastructure, involves a potentially wide-ranging...
NovaNam, a Namibian vertically integrated fishing company, has successfully renewed its FISH Standard for Crew certification, an international certification that recognises safe, fair and ethical labour practices on board its fishing vessels. NovaNam’s fleet in Namibia, operating out of the ports of Lüderitz and Walvis Bay, consists of two freezer trawlers and five wet fish...
Finance Minister Ericah Shafudah last week launched a new national plan aimed at improving how money is sent and received across the country. The plan, known as the National Payment System (NPS) Vision and Strategy 2030, was developed by the Bank of Namibia in partnership with the Payment Association of Namibia. It sets out how...
A new chapter has commenced for Namibia’s business community following the election of Vetumbuavi Mungunda as president of the Namibia Chamber of Commerce and Industry (NCCI). The leadership transition, confirmed at the chamber’s Annual General Meeting on 27 March 2026 at the Hilton Hotel Windhoek, signals a decisive shift toward a more assertive and inclusive...
Namibia’s National Oil Storage Facility (NOSF), situated on the outskirts of Walvis Bay, stands tall as one of the country’s most ambitious and strategically significant infrastructure investments. Built at a cost of roughly N$6.5 billion and designed to hold up to 75 million litres of fuel, the facility represents far more than a storage depot....
The Development Bank of Namibia (DBN) yesterday launched a new financing product to increase access to credit for women-owned businesses. The product, called DBN for Her, is designed to address a long-standing funding gap for women entrepreneurs. Speaking at the launch, DBN acting chief investment officer Cliffy Nauses said the initiative is part of its...
RMB Namibia, a division of First National Bank of Namibia Limited, has provided Telecom Namibia with a N$405 million social loan to support the company’s plan to upgrade its infrastructure and expand connectivity nationwide. The seven-year loan will help fund Telecom Namibia’s five-year strategy to improve internet and mobile services, especially in underserved areas. Telecom...
Oshikoto Regional Council chairperson Sacky Nangula has urged administrators, technocrats and all public servants to embrace innovation and unity to deliver on the promises made to the electorate. During a staff address at the Omuthiya Multi-Purpose Youth Centre, themed ‘Providing New Marching Orders for Improved and Innovated Service Delivery,’ Nangula reminded councillors of the five-year...
The Bank of Namibia (BoN) has signed a gold purchase agreement with QKR Namibia Navachab to strengthen the country’s financial reserves. The agreement will allow the central bank to buy gold produced in Namibia in a structured way. This forms part of BoN’s plan to improve its reserve management and make the economy more stable....