Rudolf Gaiseb The recently tabled national budget is highly responsive to social protection and poverty reduction, allocating over 60% of the total budget to social sectors. This is the opinion from Twilight Capital Consulting Economist, Mally Likukela. The analyst this week shared his opinion that the budget is broadly regarded as a “pro-poor” tool but...
Rejoice Itembu has taken up the role of operations executive at Standard Bank Namibia, effective 1 March 2026. Itembu is a seasoned banking executive with more than 15 years of leadership experience spanning retail banking, business and commercial banking, digital transformation, client solutions, insurance, public relations, and strategic operations. Throughout her career at Standard Bank...
Standard Bank Namibia has been named the Best Trade Finance Provider in Namibia in the 2026 Global Finance Best Trade Finance Providers Awards, reinforcing the bank’s role as a leading enabler of cross-border commerce, investment flows, and sector expansion. The accolade highlights the bank’s continued success in delivering competitive, sophisticated trade finance solutions that support...
The Nedbank Group’s digital volumes and values have increased significantly. This is as more clients across all its businesses embrace the benefits and convenience of digital channels. In Personal and Private Banking (PPB), digital transaction volumes and values increased by 10% and 16%, respectively, supported by a 9% increase in digitally active retail clients...
Proflight Zambia this week embarked on its maiden landing at Hosea Kutako International Airport. The flight landed on Tuesday to much fanfare as tourism and aviation stakeholders witnessed the arrival of new opportunities between Namibia and Zambia. Captain Josias Walubita landed the 50-seat CRJ-200 at exactly 12h00 local time, welcomed by a traditional water salute...
Namibia Oil and Gas last week hosted the launch of its second Bi-Annual Industry Report, bringing together key stakeholders to reflect on the country’s rapidly evolving energy landscape. The event was supported by Africa Provider Offshore Services. The report provides data-driven analysis and strategic insights into developments shaping Namibia’s oil and gas sector. The...
Adolf Kaure Ongwe Minerals secures additional licenses, significantly increases its Omatjete project area and identifies a prospective parallel fault zone. Ongwe Minerals Inc has announced in a press statement released last week that it has increased the size of its Omatjete project by up to 42% by acquiring a 90% stake in the adjacent EPL7400...
African airlines have emerged as one of the strongest performing regions in global aviation at the start of 2026. African airlines posted double-digit passenger growth even as geopolitical tensions in Iran threaten to disrupt flight schedules and push up fuel costs. According to the latest data released by the International Air Transport Association (IATA), African...
Top leadership changes were recently announced at FNB Namibia and RMB Namibia, both part of the FirstRand Namibia Group. Philip Chapman, previously the Chief Executive Officer (CEO) of RMB Namibia, has been appointed CEO of FNB Commercial. With a distinguished career across corporate and investment banking, Chapman brings extensive sector expertise and a proven track...
HONG KONG – Oil prices extended gains while the dollar and equities tumbled yesterday as investors kept tabs on the widening war in the Middle East. The US and Israeli attacks on the Islamic Republic have upended regional energy flows, with the crucial Strait of Hormuz, through which about a fifth of global oil transits,...