The world Bank Group has abandoned its commitment to direct 45% of its annual lending toward climate co-benefits. For years, the bank directed a specific portion of its funding toward projects that tackle environmental issues. These projects include but are…

Shell has agreed to sell its Indian renewable energy platform, Sprng Energy, to Aditya Birla Renewables Limited (ABRen) for US$1.8 billion (about N$29.6 billion). Shell says the sale forms part of its strategy to streamline its power business and focus…

Ruling party Swapo ended the 2025/26 financial year with more than N$7 million in assets and a surplus of nearly N$4 million. Meanwhile, official opposition party Independent Patriots for Change (IPC) is sitting with total liabilities of N$1.8 million and…

Capricorn Group has maintained its strong performance among listed companies over the past year, with its share price increasing by 32.45%. The group, which owns Bank Windhoek and Capricorn Asset Management is a top performer among major companies traded on…

Rising transport costs were the biggest driver of Namibia’s inflation in June, with prices in the category increasing by 12.9% compared to the same month last year. The latest Namibia Consumer Price Index (NCPI) released by the Namibia Statistics Agency…

Media houses worldwide are facing mounting financial pressure as digitalisation transforms how news is consumed and funded. Speaking at an engagement with business associates in Windhoek on Friday, Nangula Shejavali, on behalf of the Namibia Media Trust board, said the…

Needs investment to expand The Gobabis Vocational Training Centre has started manufacturing vehicle loading rails locally, a product that has previously been imported from South Africa. The move is aimed at boosting Namibia’s manufacturing capacity and reducing reliance on imports.…

Mining companies in Namibia typically take between eight and 15 years from the start of exploration before they begin paying corporate income tax. This reflects the long lead times and high upfront costs associated with developing new mines. Chamber of…

First National Bank (FNB) Namibia has been recognised as Namibia’s best SME bank at the Global Banking and Finance Awards. The bank says the accolade reflects its efforts to expand financing and support for small and medium-sized enterprises (SMEs). The…

The Namibian will be introducing ‘Good News Pages’ as part of its weekly coverage. Announced by editor Johnathan Beukes during a stakeholder engagement on Friday, the pages will tell stories on positive initiatives. “There is a lot of good things…

President Netumbo Nandi-Ndaitwah held a courtesy meeting in Chengdu, China, with representatives of China National Chemical Engineering (CNCEC) and Hyphen Hydrogen Energy. The visit was led by Hyphen chief executive Marco Raffinetti. According to the Green Hydrogen Programme in Namibia,…

• Management pockets N$46.9 million in salaries• Bank reports N$1 billion profit Standard Bank Namibia employees have voted overwhelmingly in favour of protected industrial action, escalating a wage dispute that has been brewing for months. The Namibia Financial Institutions Union…