When Namibia signed the African Continental Free Trade Area (AfCFTA) agreement in July 2018, ratified it in January 2019, and deposited its instruments with the African Union Commission shortly thereafter, it signalled more than compliance with a continental ambition. It signalled Namibia’s belief in Africa as a viable market for domestic enterprises. Several years later, the question is no...
Washington aims to see United States firms compete aggressively and successfully in Namibia’s offshore and critical minerals value chains. To support this strategy, United States Ambassador to Namibia John Giordano recently completed a 10-day, three-country mission to mobilise American capital and technology into the country’s oil, gas and mining industries. This is because the US...
The MTC board of directors has appointed Trophimus Hiwilepo as the new chairperson of the board of directors with effect from 13 February 2026. He has been an independent non-executive director of the company since July 2024, and his appointment is in accordance with section 3.59 of the Namibia Securities Exchange Listings Requirements and Article...
The Bank of Namibia’s (BoN’s) Monetary Policy Committee (MPC) yesterday announced that it opted for stability over stimulus, keeping the repo rate unchanged at 6.50% as it confronts a slowing domestic economy and an increasingly fragmented global monetary landscape. The unchanged repo rate means that both loan repayments and interest returns at commercial banks will...
Adolf Kaure Operations at the Namwaste Management Facility (NMF), located outside Arandis, began this week. The NMF is Namibia’s first fully compliant general and hazardous waste management site, located 17km northwest of Arandis. The project, worth N$200 million, was launched last year and covers 177 hectares of land. It will collect a minimum of 60...
Rudolf Gaiseb The Ministry of International Relations and Trade has emphasised that neither the government nor the ministry can determine the products that exporters should trade within the continent. However, the ministry noted that value-added goods are encouraged and forms part of the government’s policy. The ministry reiterated that the African Continental Free Trade Area...
Private sector medical industry leaders have publicly acknowledged that the sector’s long-term survival depends on unprecedented levels of collaboration, transparency and internal accountability. This was shared at a recent stakeholder roundtable meeting hosted by the Namibia Association of Medical Aid Funds (Namaf) at Avani Hotel and Casino in Windhoek. Held under the theme “Rebuilding Trust...
Namibian entrepreneur and expert in economic diplomacy, Ndahafa Hapulile, was recently recognised with the African Youth Ambassador Award and the Patrice Lumumba Leadership Excellence and Integrity Award. She was presented with these honours in Zimbabwe over the weekend. Hapulile was awarded and recognised at the Iconic Africa Summit and Honours 2026, held in Harare, under...
TOKYO – Oil prices were in focus yesterday as US president Donald Trump ramped up threats towards Iran, shaking up markets subdued by holidays in Asia and the United States. West Texas Intermediate cooled after rising more than one percent to near US$64 per barrel, while Brent eased slightly to just under US$69. Trump warned...
The Bank of Namibia (BoN) is scheduled to announce its latest repo rate decision today, with economists divided on whether policymakers will cut rates or hold steady. In December, the central bank reduced the repo rate by 25 basis points to 6.50%, following the South African Reserve Bank (SARB) ‘s rate cut in November 2025....