The Namibia Airports Company (NAC) has increased its revenue by 6% to N$540 million and a profit after tax of N$9.4 million for the 2024/25 financial year. The improved financial performance has been attributed to NAC’s route development strategy, which landed additional services from South African Airways, Air Angola, FlySafair and Discover Airlines during the...
Namibia’s real estate market is undergoing a pivotal transformation, driven by rapid urbanisation, demographic shifts and sectoral growth in energy, logistics and tourism. Yet, despite strong demand, the supply of both residential and commercial property remains critically constrained – particularly in urban centres like Windhoek, Swakopmund, and Walvis Bay. Dominic Shikola, head of client coverage...
At just 20 years old, Alvie Ashipala had a dream to earn an honest living doing what she loved. With only a few nail tools and a strong determination, she started a small nail decoration business from her home. Today, at 28, she is the proud owner of Alvie’sBeauty Parlour, a growing beauty business located...
After suffering personal loss and health setbacks, local entrepreneur Alexine Kavari is finding her feet again, thanks to her own determination and a helping hand from a government initiative aimed at supporting small businesses. Kavari, the owner of Semalekav Catering and Restaurant, was one of 18 entrepreneurs who received tools and equipment during the fifth...
The central bank has confirmed that Namibia has the money to repay its biggest-ever debt, the US$750 million (around N$13.5 billion) international loan that is due on 29 October 2025. However, the repayment, while good to boost credit for future loans, is expected to make a significant dent in the country’s foreign reserves. The Eurobond...
The Communications Regulatory Authority of Namibia (CRAN) has launched its first Tech Challenge to promote innovation, digital inclusion, and youth development in the country. The competition was officially announced yesterday, inviting young Namibians to share their creative tech solutions. The total prize money for the challenge is N$100 000. The first-place winner will receive N$50...
Sharon Zibo Limbo has been elected by entrepreneurs in the Katima Mulilo area as the new chairperson of the Namibia Chamber of Commerce and Industry (NCCI). She is deputised by Frankie Mwinga Ntemwa as the vice chairperson as elected during an Elective General Meeting (EGM) on 10 October 2025. The Katima Mulilo branch of the...
The Ohlthaver & List (O&L) Group announced that it will sell its shares in Cleanergy Solutions Namibia to H₂Infra NV, a company that is part of the international clean energy leader, CMB.TECH. O&L currently owns 51% of Cleanergy. Once approved by the Namibian Competition Commission, H₂Infra NV will become the sole owner of Cleanergy Solutions...
The Namibia Chamber of Commerce and Industry (NCCI), in conjunction with entrepreneurs, have decided to re-establish the NCCI Divundu branch. The move, which was resolved after the chamber met with the Divundu business community on 9 October 2025, forms part of ongoing efforts to promote entrepreneurship and strengthen grassroots representation across the country. Following the...
The Government Institutions Pension Fund (GIPF) commemorated Global Ethics Day last week Wednesday, themed ‘Ethics Re-Envisioned’. The event reaffirmed GIPF’s commitment to fostering an ethical, transparent and accountable organisational culture towards ethics. The annual observance of Global Ethics Day was initiated more than ten years ago by the Carnegie Council for Ethics in International Affairs,...