WayaMe is the public-facing name for Namibia’s new instant payment solution (IPS), a national payment system designed to allow money to move instantly between participating banks, wallets and other payment providers. It is operated by Instant Payments Namibia under the…

For nearly 380 000 Namibians, a government grant is not simply an additional source of income, but the money they rely on to get through the month. The 2025 Namibia Financial Inclusion Survey shows that 20.8% of Namibia’s eligible adult…

Namibia has commissioned Africa’s first integrated green hydrogen facility at Walvis Bay, combining solar power, hydrogen production and battery storage for industrial and transport use. The CMB Tech Namibia facility uses a 5MWp solar park, a 5 megawatt (MW) proton…

The Welwitschia Sovereign Wealth Fund has grown to a market value of US$30.85 million (N$508.47 million), delivering an annualised return of 15.5% since its establishment four years ago. The fund received initial seed capital of US$17.74 million (N$282.68 million) in…

The Ministry of Home Affairs, Immigration, Safety and Security has announced the introduction of a specialised residency category designed to attract foreign businesses. Starting 1 September, Namibia will officially implement a new employment permit to conduct business. According to a…

Namibia should use its emerging oil and gas industry to build internationally competitive local companies rather than shielding domestic businesses from competition. Speaking at the Namibia Oil and Gas Conference in Windhoek, Solewant Group chief executive Solomon Ewanehi says local…

The United States (US) has expressed interest in Namibia’s nuclear energy ambitions, including the potential future use of American small modular reactors and microreactors. The issue was raised during a week-long visit by a senior US delegation that met with…

Standard Bank Namibia recorded a profit after tax of N$580 million for the six-month period ending 30 June 2026. That means the bank pocketed about N$3.2 million every single day after paying all its bills and taxes. This is a…

Businesses and workers face potential financial pressure over proposed compulsory contributions under a planned national pension fund amid ongoing consultations over final rates. Employers are warning that compulsory contributions could squeeze already struggling small businesses while reducing take-home pay for…

The Namibian Competition Commission (NaCC) has raised merger notification thresholds, saying the changes will ease the regulatory burden on smaller deals while focusing on transactions that could significantly affect competition. The changes were announced during a stakeholder engagement on 13…

Banks will have to disclose executive pay, major shareholders and encumbered assets under new transparency rules issued by the Bank of Namibia. The rules, contained in Determination BID-18, were issued in a Government Gazette last week by Bank of Namibia…

Namibia’s economy is not growing at a fast enough pace to address the high unemployment rate and inequality. The International Monetary Fund (IMF) says economic growth remains too weak to make a meaningful dent in unemployment, inequality and poverty. In…