Telecom Namibia has embarked on one of the most ambitious network modernisation drives in its history, committing hundreds of millions of Namibian dollars to overhaul ageing infrastructure, expand fibre and mobile coverage, and position the country for a more competitive digital future. For the current financial year, Telecom Namibia has earmarked approximately N$300 million in...
Fact: Some of the beneficiaries of the Government Institutions Pension Fund’s (GIPF) Housing Scheme will default on their home loans. While this may not be intentional, unforeseen circumstances or financial mismanagement will inevitably lead a pensioner to lose part of their pension because they defaulted on their loan. The question then remains: How will that...
An employee of Namib Desert Diamonds (Namdia) has been arrested in connection with the diamond robbery that took place at the company’s offices last year. The latest arrest brings the total number of Namdia’s employees arrested in the case to four. The diamond company announced yesterday that the staff member was arrested in relation to...
The Canada-Africa Chamber of Business is scheduled to host the fifth Canada-Africa Business Conference in Windhoek on 5 February. The conference is expected to focus on mining, energy, infrastructure, and sustainable development and will feature participation from investors, senior executives, policymakers, and institutional partners from across Africa and Canada. The conference is set to include sector-specific discussions, senior-level panels, and private roundtables. The aim is to...
The Namibia Financial Institutions Supervisory Authority (Namfisa) has warned the public to only use registered microlenders when seeking short-term loans and related financial services. Namfisa said that using unregistered microlenders puts consumers at risk of unlawful practices, unfair and excessive charges, and loss of legal protections. Under the Microlending Act of Namibia, all microlenders must...
The Bank of Namibia has released its latest Banking Fees and Charges Comparison Report for December, providing a clear picture of how much Namibians pay to use basic banking services. The report looks at fees charged on the Basic Bank Account (BBA), which is mainly used by low-income earners, pensioners and those who want affordable...
At a pivotal moment for global cooperation, the World Economic Forum (WEF) is scheduled to convene its 56th Annual Meeting from 19 to 23 January 2026 in Davos-Klosters, Switzerland, bringing together close to 3 000 cross-sector leaders from over 130 countries under the theme “A Spirit of Dialogue.” Marking record levels of governmental participation, 400...
Namibia’s hake fishery has secured its second Marine Stewardship Council (MSC) certification, reinforcing the industry’s commitment to sustainable fishing practices. The hake industry contributes significantly to Namibia’s economy, accounting for approximately 7% of GDP and providing around 16 000 direct jobs. MSC certification has enhanced market access, allowing Namibian hake to meet global...
GENEVA – The global unemployment rate is expected to hold steady in 2026, the United Nations stated yesterday, but cautioned the labour market’s seeming stability belies a dire shortage of decent jobs. The UN’s International Labour Organisation (ILO) noted the global economy and labour market appeared to have weathered recent economic shocks better than expected....
On Saturday 10 January 2026, Ethiopian Airlines Group officially commenced construction of Bishoftu International Airport, which the airline stated stands as a defining project for both Ethiopia and African aviation, facilitating trade, tourism, and people-to-people interactions within Africa and beyond. Phase one of the project is expected to be completed by 2030 to accommodate 60...