The repayments and interest that will be paid by members of the Government Institutions Pension Fund (GIPF) on home loans will go back to members’ pots. The GIPF has announced that its pension-backed home loan scheme (PBHLS) will commence today.…

The Namibia Agronomic Board (NAB) has accumulated an investment portfolio of N$420.5 million, according to its 2025 annual report. From these investments, NAB chief executive Fidelis Mwazi says the board earned N$36.2 million from interest and investment income for the…

The Business and Intellectual Property Authority (Bipa) has appointed Ainna Kaundu as chief executive, effective January for a period of five years. Kaundu was the executive of intellectual property services in the authority with 18 years of work experience across…

Banking and telecommunications stocks were the main contributors in gains on the Namibia Securities Exchange (NSX) in 2025, despite subdued trading activity. Data from Cirrus shows that Standard Bank Holdings (SBN) recorded the highest price return of 33.7%, followed by…

The Lewis Group has approached the last body of authority on legal disputes in South Africa, the Constitutional Court, to challenge a proposed takeover by Pepkor. This comes after an approved merger of Pepkor and Shoprite last year. Pepkor wants…

The Government Institutions Pension Fund’s (GIPF) Pension-Backed Home Loan Scheme (PBHLS) will commence on Monday. The scheme offers qualifying members access to housing loans using a portion of their pension savings as collateral. GIPF spokesperson Edwin Tjiramba says the scheme…

Interest rate cuts expected next month Financial advisory firm Simonis Storm is predicting an interest rate reduction in the first quarter of 2026, provided that inflation remains under control and financial stability is maintained. The first repo rate announcement by…

Multichoice, which owns DStv, has lost over 2.8 million subscribers over the last two years and billions in revenue. The group’s latest annual report for the year ended 31 March 2025 attributes the declines to operating challenges which the group…

Oil prices globally remained flat yesterday with a small increase recorded on Sunday after the capture of Venezuela’s president, Nicolás Maduro, by the United States (US) military over the weekend. On Sunday, US crude oil fell 31 cents, or 0.54%,…

Introduction of retail bonds The Bank of Namibia (BoN) is set to introduce the country’s first-ever retail bonds in 2026, which will allow low- to medium-income earners to invest in government debt. Retail bonds are a form of a loan…

The Canadian government has warned its citizens travelling to Namibia to “exercise a high degree of caution,” citing high levels of crime and frequent cases of financial fraud, particularly targeting tourists. In its latest travel advisory issued last week, Canada…

Standard Bank Namibia has announced a reduction in banking fees for businesses come next year. A statement issued by the group’s business and commercial division this week shows that inter-account transfers will now be free of charge. “These revisions are…