The widening conflict started by the United States and Israel in Iran is rapidly turning into a full-scale global economic shock that is disproportionately impacting Africa. This is because businesses across the continent now face soaring shipping costs, fuel price pressures, currency volatility and growing supply chain disruptions. The impact is now filtering directly into...
Namibia’s fuel retail landscape is heading for one of its biggest branding overhauls in years after Vivo Energy Namibia officially handed over a portfolio of several Engen and Shell service stations to locally owned Nasan Energies. The development positions Nasan Energies as one of the most significant indigenous players ever to emerge in Namibia’s fuel...
Despite a 9.4% contraction in the mining sector’s real value added during 2025, the sector remained a pillar of the Namibian economy, contributing roughly 14% to GDP and maintaining its position as the country’s dominant primary industry. However, even with the significant contraction, the sector’s financial contribution expanded sharply as total mineral sales jumped 25%...
The Financial Intelligence Centre (FIC) last Friday launched its new official website aimed at ‘strengthening public access to information and stakeholder engagement.’ According to a statement issued by the centre, the new platform will serve as a central hub for regulatory guidance, public notices, publications, reporting obligations and updates related to the country’s financial intelligence...
Namibia pitched its reserves of lithium, cobalt, copper, zinc, uranium, and rare earth minerals to investors from China’s Shandong Province, during a business forum in Windhoek last Friday. The Namibia-China Business Forum brought together delegates from Shandong Province and the Namibian business community under the theme ‘Strengthening Namibia-Shandong Economic Cooperation and Investment Partnerships.’ Charles Joseph,...
More than 3 000 delegates have gathered in Brazzaville, Republic of Congo, for the 2026 Annual Meetings of the African Development Bank Group taking place from 25 to 29 May. This is the sixty-first meeting of the Board of Governors of the African Development Bank, and the 52nd of the African Development Fund (ADF). The...
When people talk about Namibia’s economy, the focus is usually on mining, fishing, tourism, oil and other large industries. These sectors bring in large amounts of money and are often presented as being crucial for the country’s economic growth. However, while major industries dominate economic reports and investment discussions, small and medium enterprises (SMEs) remain...
For many years in Namibia, young people have grown up hearing the same message: if you want success, you must go to university, work in an office and wear a suit everyday. Meanwhile, vocational training and trade careers are often treated as a second option, something for people who “couldn’t make it academically.” After...
MTC Namibia has pledged N$110 000 towards the successful hosting of the 9th edition of the ICT Summit. This year’s ICT Summit is scheduled for 12 to 16 October 2026 at the Ongwediva Trade Centre in the Oshana region. MTC financial pledge reaffirms its commitment to advancing digital transformation and technological innovation in Namibia. The...
Telecom Namibia has confirmed it is fully cooperating with Communications Regulatory Authority of Namibia (CRAN) and will provide a comprehensive briefing outlining the root causes of recent network disruptions, the interventions currently underway, and measures being implemented to stabilise services and prevent recurrence. Telecom made this confirmation after a recent media statement issued by the...