Bank Windhoek chief financial officer and acting executive officer of specialist finance Zenaune Kamberipa has noted that the coast now accounts for around one-fifth of Namibia’s housing transactions. Speaking at the bank’s Coastal Estate Agent Awards in Swakopmund last week, Kamberipa said this is an indicator of strengthening demand, supported by lifestyle migration, tourism investment...
Namibia’s flagship fuel infrastructure, the National Oil Storage Facility, is generating an estimated N$3 billion in annual revenue, but the single biggest cost to ensure its operational and long-term efficiency is not supply, logistics, or demand, but relentless and complex maintenance. Five years after becoming operational, the strategic reserve, designed to secure Namibia’s fuel supply...
Mauritius has invited Namibia and other African countries to deepen cooperation in digital technology, as both sides look to grow investment in the Information and Communications Technology (ICT) sector. Speaking at the Namibia–Mauritius Business ICT Forum, Mauritius Minister of Information Technology, Communication and Innovation, Avinash Ramtohul, said his country is ready to work closely with...
The 2026 National Budget showed that Namibia’s fiscal trajectory has deteriorated, compared to recent favourable expectations. This is according to Floris Bergh, chief economist at Capricorn Asset Management (CAM), whose latest budget analysis forecasts that Namibia’s creditworthiness is unlikely to improve and that funding pressure is expected to remain high as State-Owned Enterprises (SOEs) join...
As the United States of America and Israel continue to wage an illegal war on Iran, the resultant geopolitical and market volatility has resulted in a surge in global oil prices. Brent crude, the most significant benchmark for global oil prices, was hovering around US$104 per barrel yesterday after hitting US$106 per barrel on Sunday. ...
A cybersecurity breach at the Namibia Airports Company (NAC) has put Namibia’s aviation and digital security sectors on high alert. This has prompted urgent warnings from national cyber authorities and raised fresh concerns about the resilience of critical digital infrastructure. NAC confirmed that the incident, detected on 6 March 2026, involved unauthorised access to parts...
A major shift in Africa’s energy landscape is underway following the launch of production at the Quiluma offshore gas field. The landmark project positions Angola as an increasingly critical supplier of liquefied natural gas (LNG) to global markets. Announced in Paris yesterday by TotalEnergies, the start-up of Quiluma marks Angola’s first-ever development of a non-associated...
The OMDis SME Centre is strengthening small businesses in Oranjemund by offering training, mentorship and access to markets as part of efforts to grow the town’s local economy. OMDis is a settlement transformation agency, tasked with the sole purpose of proactively accelerating the town transformation and the economic diversification of Oranjemund. This ensures the town’s...
A local makeup artist is gradually expanding her brand within Namibia’s beauty scene, transforming a small side venture into a burgeoning business with goals that go beyond just offering services. Dionisia Jonas, the founder of TouchbyDio, launched her business in 2017 with her personal makeup kit, operating from her home. “I started with very little...
Nedbank Namibia has appointed John-James Tromp as its new head of consumer banking, effective 1 March 2026. The appointment forms part of the bank’s efforts to strengthen its services for everyday customers across Namibia. Consumer banking focuses on services that affect people’s daily financial lives, including saving, borrowing and managing money. In Namibia, access to...