Finance

Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s leading insurers, have received regulatory approval to launch a joint venture called SanlamAllianz. The new company offers insurance and financial services in 27 African countries, aiming to become one of the top three players in market share and profitability across its markets....

The Namibia Revenue Agency (NamRA) has announced that the use of the Trader Identification Number (TIN) will become mandatory for all customs-related transactions in the ASYCUDAWorld system starting 1 April 2026.  The announcement was made in a statement issued by NamRA’s chief of strategic communications and support engagements, Yarukeekuro Ndorokaze. “This new requirement applies to...

Namibia Financial Institutions Supervisory Authority (NAMFISA) has made strong progress in improving its supervision of the non-bank financial sector, as the organisation continues to respond to a fast-changing financial environment. This is according to its 2025 annual report.  Board chairperson Hettie Garbers-Kirsten said NAMFISA has refined its Risk-Based Supervision (RBS) Framework to better identify and...

The Namibia Special Risks Insurance Association Ltd (NASRIA Ltd) has strengthened its role as a major player in the country’s financial and insurance sector after a year marked by growth and important changes. Managing director John Uusiku said NASRIA remains committed to offering new and innovative insurance products that meet Namibia’s changing risk environment. According...