Capricorn Private Wealth on Tuesday, 5 May 2026, announced the appointment of Elize Smith as its head, effective 1 May 2026. Smith has more than 35 years of experience in the banking and financial services industry and will lead the business’ continued focus on profitable growth and an exceptional, client-centred private wealth experience. She began...
Govt ready for green hydrogen benefits …VP visits Hyphen’s hydrogen project
Dalene Kooper LÜDERITZ – Vice President, Lucia Witbooi, on Sunday reaffirmed the government’s support for the country’s green energy ambitions by pledging the necessary support for the flagship Hyphen Green Hydrogen project. The Hyphen project, with a projected investment of around US$10 billion (approximately N$168 billion), aims to produce 350 000 tonnes of green hydrogen annually...
National Cybersecurity Incident Management Guidelines fosters trust
The Namibia Cyber Security Incident Response Team (NAM-CSIRT), housed at the Communications Regulatory Authority of Namibia (CRAN), has officially launched the National Cybersecurity Incident Management Guidelines 2026, themed “Building a Cyber Resilience Ecosystem,” on 29 April 2026. This landmark event took place in Ondangwa, bringing together key stakeholders from government, private sector and civil society to...
Homeowners urged to prepare for winter risks
With the winter months approaching, Namibians can expect weather patterns to shift toward drier, windier conditions, particularly in inland and coastal regions. According to Franco Feris, chief executive officer at Santam Namibia Limited, these seasonal changes can bring a range of weather-related risks that homeowners and motorists should not overlook. “While many people associate winter...
SMEs’ spotlight with Pricilla Mukokobi – 20 years, one stall: A mother’s battle against rising costs
For 20 years, Seleste Shalongo has stood behind her small food stall in Grootfontein, selling kapana, cooked food and cabbages to support her family. Every morning, she wakes hoping for customers. Every evening, she worries about how she will provide for her two children. Shalongo, who was born and raised in Grootfontein, said that running...
Opinion – Funding remains a challenge for SMEs
Many small businesses in Namibia have great ideas and well-written business proposals but still struggle to secure loans from commercial banks or the Development Bank of Namibia. For many entrepreneurs, the challenge is not only having a business idea. Banks and financial institutions want to see whether the business can survive, grow and repay the...
Diamond slump, global tensions slow economy …as tertiary sector continues to support broader activity
The domestic economy contracted during the final quarter of 2025 as weak diamond production, slowing global growth and rising geopolitical tensions weighed heavily on economic activity. This is according to the latest Financial Stability Report released last week by the Bank of Namibia and the Namibia Financial Institutions Supervisory Authority (Namfisa). The financial stability report...
NamRA upgrades Asycudaworld system and implements new procedures
The Namibia Revenue Agency (NamRA) has noted the implementation of the upgraded ASYCUDAWorld system version 4.4.1, effective from today. The Automated System for Customs Data (ASYCUDA) is a computerised customs management system that covers most foreign trade procedures. It handles manifests and customs declarations, along with accounting, transit and suspense procedures. It also generates trade data...
Africa must treat aviation as core economic enabler
African governments are being urged to rethink aviation not as a luxury sector, but as core economic infrastructure capable of unlocking long-term growth, jobs, and trade across the continent. At its latest Focus Africa Conference in Addis Ababa, the International Air Transport Association (IATA) last week delivered a blunt message that neglecting aviation policy is...
O&L earns top workplace honour again
The Ohlthaver & List Group (O&L) has been named a Great Place to Work for 2026/27, showing its focus on building a strong and caring workplace. The certification was awarded by the Great Place to Work Institute, an independent body that measures how employees feel about their jobs. The recognition is based on feedback from...









