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...
Baker Hughes, an energy technology company, on Wednesday welcomed a United States of America (US) government delegation to the company’s integrated multi-modal facility at the Port of Walvis Bay, where American leaders observed firsthand the progress and impact of Namibia’s burgeoning energy sector. The delegation was led by the US ambassador John Giordano, who was...
When secretary general of United Nations Trade and Development (UNCTAD) Rebeca Grynspan addresses Namibians this Thursday, her visit will carry more than diplomatic symbolism. The secretary general is visiting at a time when Namibia is at an economic crossroads, facing mineral wealth, high demand for jobs and the need for stability and long-term growth. At...
If an on-site inspection scheduled for April confirms that Namibia’s financial sector reforms are embedded and effective, then the country could soon close a difficult chapter in its financial governance history. If the inspection does not prove fruitful, then Namibia’s grey list clock will keep ticking. An exit from the grey list would send a...
Nedbank Namibia has announced changes to its 2026 pricing structure. The new pricing will take effect on 2 March 2026. Chief financial officer of Nedbank Namibia Victor Maengahama said the bank carefully reviewed and refined its fees to ensure they remain fair and affordable. He said the bank’s focus is on affordability, value and inclusion,...
Namibia’s inflation rate slowed slightly in January 2026, but housing and utility costs continued to put pressure on consumers. The annual inflation rate stood at 2.9% in January 2026, down from 3.2% in January 2025. On a monthly basis, inflation increased to 0.8% from 0.1% in the previous month. Core inflation, which excludes certain volatile...
“Our new Strategic Plan aims to cement the gains we have made and position the NDGA as a future-fit institution committed to protecting depositors’ funds.” With those words, Namibia Deposit Guarantee Authority (NDGA) Deputy Chairperson Linda Dumba Chicalu set the tone for the official release of the institution’s 2026–2028 Strategic Plan last week. The strategy...
Londeka, Namibia’s first digital logistics platform connecting shippers with verified truck owners, has taken a strategic step to deepen its footprint in the freight and relocation market by securing a dedicated warehouse facility. The new facility has been acquired to support relay, storage and distribution operations. The bold move marks a significant expansion for the...
Speaking at the Namibia Country Showcase during the 2026 Africa Mining Indaba this week, Deputy Minister of Industries, Mines and Energy Gaudentia Kröhne and Namibia’s High Commissioner to South Africa Nangula Frieda Ithete, laid out a coordinated Namibia’s mining strategy built on beneficiation, policy certainty, and regional integration under the country’s 8th Administration. At the...
TRIPOLI – Libya granted oil exploration and production licences on Wednesday to several foreign energy companies, including giants Chevron and BP, for the first time since the fall of longtime leader Muammar Gaddafi. The North African country’s oil industry has faced significant challenges following the NATO-backed revolt that toppled and killed Gaddafi in 2011, and...