Namibia reaffirmed its commitment to the Chicago Convention when works and transport minister Veikko Nekundi, attended the 42nd session of the International Civil Aviation Organisation (ICAO) Assembly last week. The session was hosted at organisation’s headquarters in Montréal, Canada from 23 September to 3 October 2025. The Chicago Convention, previously known as the Convention On...
The registration deadline is fast approaching for the Infrastructure Development Forum organised by the Construction Industries Federation of Namibia (CIF). It is scheduled for Lüderitz from 14 to 16 October 2025. The forum is expected to offer a unique opportunity for contractors, small and medium enterprises, building material suppliers and financiers to gain upfront knowledge...
A discovery of rich-gas condensate by Namcor and partner marks the third consecutive hydrocarbon discovery on the exploration block. The significant discovery brings Namibia closer to transforming its energy sector, creating jobs, building capacity and securing a brighter future for future generations. The National Petroleum Corporation of Namibia (Namcor), together with its joint venture partners...
Vice President Lucia Witbooi on Wednesday officially opened the new Model store at Auas Valley in Windhoek, describing it as a milestone in Namibia’s retail sector. The store, constituting a multi-million-dollar investment for parent company Olthaver & List (O&L), previously operated under the Pick n Pay franchise before being rebranded to Model this year. The...
The central bank has commented on Namibia’s economy slowing in the second quarter of 2025, held back by weak performances in manufacturing, fishing, and agriculture. A report from the Bank of Namibia show that the economy grew by 1.6% in real terms, down from 3.3% in the same period last year and 2.8% in the...
Air traffic control (ATC) authorities around the world continue to face challenges with messaging systems that are limited in their capabilities, operationally demanding, and slow to adapt to modern needs. These limitations can make it harder to coordinate across borders and keep pace with growing traffic demands. With the launch of SITA ATC Bridge, an...
The Namibia Sustainable Finance Alliance (NSFA) was launched on Tuesday as a voluntary, multi-stakeholder platform through which regulators, financial institutions, industry associations and government agencies will coordinate efforts to mainstream and champion sustainable finance. The alliance was launched at its inaugural meeting at the Bank of Namibia together with leading financial institutions, regulators and industry...
Since the end of September 2025, the latest series of upgraded banknotes and new coins, which were introduced by the central bank earlier this year, have been available at commercial banks and ATMs countrywide. The Bank of Namibia officially issued the upgraded Namibia Dollar banknotes and the new coinage series into circulation at a ceremony...
The Development Bank of Namibia’s Board of Directors, in consultation with the finance minister, has announced the five-year appointment of Titus Ndove as CEO, effective 1 November 2025. The Board stated it is confident Ndove has the competence and experience required to drive the DBN’s Integrated Strategic Plan. Ndove has over twenty years of experience...
African airlines saw a 7.1% year-on-year increase in demand in August 2025, while capacity was up 5.3% year-on-year. The load factor was 79.7%, a 1.3 percentage point (ppt) improvement compared to August 2024. These figures are contained in the latest date for August 2025 global passenger demand from the International Air Transport Association (IATA). On...