Adolf Kaure Local energy company Nasan Energies has reached the final stages of acquiring 52 service stations operated by Vivo Energy and Engen Namibia. During a recent Namibia Competition Commission (NaCC) stakeholders’ conference held in Windhoek, the public, including rival companies, was given the opportunity to provide input on the proposed acquisition. Nasan Energies is...
The Namibia Investment Promotion and Development Board (NIPDB), in partnership with the National Commission on Research, Science and Technology (NCRST), inaugurated the ScaleUp Namibia (SUN) offices on Friday. ScaleUp Namibia (SUN) is a joint initiative by the NCRST, NIPDB and several stakeholder organisations. The programme aims to transform Namibia’s start-up environment and drive economic growth...
Mobile Telecommunications Ltd (MTC), in collaboration with the City of Windhoek, has pledged N$450 000 to support a new environmental campaign called Go Green, Skip the Plastic. The money will be used to buy 4 000 reusable shopping bags and to run an awareness campaign across Windhoek. The aim is to reduce the use of...
The United Nations Conference on Trade and Development (UNCTAD) yesterday launched a new report outlining how Namibia can expand its economy by adding value to its mineral resources and diversifying into new industries. The report, titled ‘Rapid Assessment of the Value Addition and Diversification Within and Beyond the Critical Energy Transition Minerals Value Chain: Namibia’,...
Adolf Kaure The Economic Association of Namibia (EAN), in partnership with Capricorn Group and the Hanns Seidel Foundation Namibia (HSF), convened a high-level public discussion on the 2026/2027 National Budget on Tuesday in Windhoek. The discussion was held under the theme ‘The National Budget at a Pivotal Moment: Choices, Trade-offs and Economic Direction’ and...
When Namibia signed the African Continental Free Trade Area (AfCFTA) agreement in July 2018, ratified it in January 2019, and deposited its instruments with the African Union Commission shortly thereafter, it signalled more than compliance with a continental ambition. It signalled Namibia’s belief in Africa as a viable market for domestic enterprises. Several years later, the question is no...
Washington aims to see United States firms compete aggressively and successfully in Namibia’s offshore and critical minerals value chains. To support this strategy, United States Ambassador to Namibia John Giordano recently completed a 10-day, three-country mission to mobilise American capital and technology into the country’s oil, gas and mining industries. This is because the US...
The MTC board of directors has appointed Trophimus Hiwilepo as the new chairperson of the board of directors with effect from 13 February 2026. He has been an independent non-executive director of the company since July 2024, and his appointment is in accordance with section 3.59 of the Namibia Securities Exchange Listings Requirements and Article...
The Bank of Namibia’s (BoN’s) Monetary Policy Committee (MPC) yesterday announced that it opted for stability over stimulus, keeping the repo rate unchanged at 6.50% as it confronts a slowing domestic economy and an increasingly fragmented global monetary landscape. The unchanged repo rate means that both loan repayments and interest returns at commercial banks will...
Adolf Kaure Operations at the Namwaste Management Facility (NMF), located outside Arandis, began this week. The NMF is Namibia’s first fully compliant general and hazardous waste management site, located 17km northwest of Arandis. The project, worth N$200 million, was launched last year and covers 177 hectares of land. It will collect a minimum of 60...