Mobile Telecommunications Limited (MTC) says it has no immediate plans to separate its tower and other passive infrastructure assets into a standalone company, distancing itself from a trend gaining traction in the global telecommunications industry. Telecom operators in several regional…
The Brief
–
Namibia is intensifying reforms to strengthen its anti-money laundering and counter-terrorism financing framework. With support from the European Union, the country prepares for key international assessments and works towards exiting the Financial Action Task Force (FATF) greylist. The Financial Intelligence…
The Brief
–
Finance minister Ericah Shafudah last Thursday announced an operational budget of N$81.3 billion for the 2026/27 financial year, with spending heavily concentrated in the social sector. The operational budget represents an increase of N$746 million from the revised preliminary outturn…
The Brief
–
Namibian banks lent out N$534.7 million more to businesses and households in January than they had last December, representing a 0.4% rise month on month. Total credit extended to the private sector rose to N$122.85 billion, according to the latest…
The Brief
–
The Namibia University of Science and Technology (Nust) has approved the relocation of its agricultural satellite campus from Rietfontein to Otavi in the Otjozondjupa region. This is part of efforts to expand access to higher education and support regional development.…
The Brief
–
Namibian borrowers are expected to save at least N$314 million annually following a 25-basis-point reduction in commercial banks’ lending rates implemented by December 2025, minister of finance Ericah Shafudah revealed last week. The adjustment, directed by the Bank of Namibia,…
The Brief
–
The National Housing Enterprise (NHE) has reported a net profit of N$22.5 million for the 2024/25 financial year — a significant increase from the N$6-million profit recorded in the previous period. Speaking at the entity’s recent annual general meeting, NHE…
The Brief
–
Finance minister inister Ericah Shafudah on Thursday announced an operational budget of N$81.3 billion for the 2026/27 financial year, with spending heavily concentrated in the social sector. The operational budget represents an increase of N$746 million from the revised preliminary…
The Brief
–
The Khomas region has the highest number of informal settlements in Namibia, accounting for 150 of the 419 undeclared informal settlements recorded nationwide, or roughly 35.8% of the national total, according to the Namibia Informal Settlements Baseline Report. The report,…
The Brief
–
Namibia’s 2026/27 national budget is expected to be shaped by tightening fiscal constraints, with economists warning that weaker-than-anticipated revenue collections could limit government spending capacity, place pressure on the deficit, and force difficult policy trade-offs. The outlook emerged during a…
The Brief
–
Prime minister Elijah Ngurare has warned contractors and service providers that failure to meet agreed timelines or the abandonment of government projects will no longer be tolerated, signalling a tougher approach to accountability in public service delivery. Speaking in the…
The Brief
–
Namibia is among 53 African countries set to benefit from China’s expanded zero-tariff policy, following an announcement made during foreign ministry spokesperson Lin Jian’s regular press conference on 11 June 2025. China is expected to remove tariffs on imports from…
The Brief
–
