Finance minister Ericah Shafudah yesterday announced the successful redemption of Namibia’s second Eurobond. This redemption, valued at US$750 million (over N$13 billion), represents the most considerable single debt maturity in Namibia’s history. The finance minister noted that Namibia issued its first Eurobond in 2011 for US$500 million (approximately N$7.5 billion), which was secured at an...
KEETMANSHOOP – //Kharas Governor Dawid Gertze said the 2025 Keetmanshoop Agriculture, Industrial and Trade Expo (Kaite) represents a major economic boost for the southern town. He said the expo will stimulate local trade, support small and medium-sized businesses, and foster community pride. Gertze delivered the keynote address at the expo’s official opening yesterday. According to...
Namibia has done it again! The World Association of Investment Promotion Agencies (WAIPA) has announced that the Namibia Investment Promotion and Development Board (NIPDB) has been selected as the Winner in the WAIPA Investment Excellence Awards 2025, under the Innovative Investment Promotion Campaign category. This prestigious recognition was conferred during the awards ceremony, on the...
In a defining moment for Namibia’s burgeoning energy sector, London-based GRIT Investment Trust Plc (GRIT) has announced a proposed strategic reverse takeover to acquire Nabirm Global LLC. This landmark partnership arrives as Namibia solidifies its position as the world’s next great energy frontier, coinciding with President Netumbo Nandi-Ndaitwah’s decisive actions to ensure the highest standards...
They say good food warms the heart and every great business begins with a simple idea and a spark of passion. For Rauha Ndaafetwa Simon, better known as Kaleni, that spark was found in her kitchen. What started as a love for cooking has grown into Kaleni Catering, a flourishing small business that now feeds...
RUNDU – Antonio Sainga (33) is a rare breed of entrepreneur, running both a thriving printing shop and a bustling household appliance repair service from a small storefront in Rundu. Sainga is also a DSTV and GOTV installer at the river town of Rundu by servicing surrounding areas and meeting essential needs for the community....
RIYADH – Saudi Arabia yesterday opened a major investment conference featuring heads of state and the global business elite as it seeks support for its sprawling “gigaprojects” and sky-high AI ambitions. Chinese Vice President Han Zheng, joined by several ministers and more than 150 business leaders, and Syria’s interim president are among the guests at...
Grant Muller of the Namibia Green Hydrogen Association and Eduardo Rodriguez of the Namibia Petroleum Operators Association co-chaired the Energy, Oil, Gas and Green Hydrogen Working Group said Namibia is on the brink of an economic transformation that could redefine its future. Massive projects in green hydrogen, oil and gas, and renewable energy are set...
Namibia has made notable progress in clearing its financial regulatory landscape and is now fast approaching the termination of its grey listing by the Financial Action Task Force (FATF). Exiting the FATF grey list would mark a major economic and reputational victory for Namibia, restoring full international confidence in its financial system and easing scrutiny...
The Namibia Special Risks Insurance Association (Nasria) has announced another year of strong financial results, good governance and progress in its regional expansion plans. In a statement released last week, the association said it was pleased with its achievements for the 2024/2025 financial year. “Nasria is pleased to announce another year of strong financial performance,...