Standard Bank Namibia marked the successful culmination of the Blue Growth Series, a pioneering four-month MSME capacity-building pilot that has empowered 40 promising Namibian micro, small, and medium enterprises (MSMEs) across diverse economic sectors, in both the formal and informal phases of business. The programme culminated in a vibrant closing event at Standard Bank’s headquarters,...
The Ministry of Justice and Labour Relations yesterday launched a nationwide campaign on the new minimum wage rates that will take effect from 1 January 2025, with planned increases continuing into 2026 and 2027. Speaking at the launch of the promotional material on the national minimum wage, acting director of labour services, Shou-Henock Amukwa, urged...
Bank Windhoek has been named the “Bank of the Year: Namibia 2025” by The Banker Magazine, a leading financial intelligence publication from the esteemed Financial Times group. This prestigious accolade, widely regarded as the industry standard for banking excellence globally, marks the fourth time Bank Windhoek has received this international recognition. The award ceremony took...
The De Beers Group, in conjunction with the Namibian government, is moving aggressively to reclaim the global spotlight for natural diamonds, launching a high-profile charm offensive aimed at the world’s largest jewellery market, namely the United States of America. As part of the offensive to recapture significant global market share lost to synthetic diamonds, the...
Despite mining still being the greatest contributor to export earnings, domestic economic growth, growth for next year is expected to be driven by agriculture, construction sector, robust electricity generation, and stronger output from the uranium subsector. This is according to Johannes !Gawaxab, the outgoing governor of the Bank of Namibia, who made the remarks at...
WALVIS BAY – African Global Logistics (AGL) has officially opened a new terminal at the Port of Walvis Bay, investing close to N$200 million in the facility. The Walvis Bay Multipurpose Terminal is designed to increase the port’s capacity and handing of bulk and break-bulk cargo. It also provides an alternative corridor and gateway for...
Leaders from across Europe and Africa came together to commemorate a landmark moment: 25 years since the first Africa-Europe Summit in Cairo. Last week, in Luanda, Angola, Heads of State and Government from the European Union (EU) and the African Union (AU) convened for the 7th AU-EU Summit on 24 to 25 November 2025 to...
Marius Johannes, a lecturer at the University of Namibia’s Business School, says Namibia should explore nuclear energy, especially because it is one of the world’s largest uranium exporters. Johannes explained that although Namibia does not yet have the capacity to build a nuclear power plant, the country can begin preparing step by step. This includes...
PARIS – Shares in Airbus fell more than 10% on Monday in Paris following media reports that quality problems with fuselage panels had delayed delivery of some of its top-selling A320 aircraft. Shares in the company were down 10.24% at around 1200 GMT, while the Paris market was showing a small drop. It subsequently recovered...
It is imperative that all public entities desist, with immediate effect, from using specific brand names when advertising bids for any procurement. This Instruction Note was issued on 27 November 2025 by the Public Procurement Unit (PPU) in the finance ministry. “Public entities should note that the use of brand names or particular specifications exclusively...