The government is considering establishing the N$4-billion guardians fund as an autonomous entity to overhaul its legal framework and financial management. The Ministry of Justice and Labour Relations is currently evaluating expressions of interest from prospective service providers to develop…

The government says it is making progress towards establishing manufacturing facilities across Namibia’s 14 regions as part of plans to expand local processing, promote value addition and create jobs. Prime minister Elijah Ngurare says the initiative follows a directive by…

The Bank of Namibia has yet to decide whether it will increase the share of gold in its international reserves beyond the 3% target set for the first phase of its gold accumulation programme. Deputy BoN governor Nicholas Mukasa says…

Namibia’s manufacturing producer prices rose by 23.5% year on year in the second quarter of 2026, driven largely by a sharp increase in rubber and plastic product prices. The Namibia Statistics Agency’s Producer Price Index (NPPI) Bulletin shows that prices…

The government is targeting the upgrading of 1 000 kilometres of Namibia’s railway infrastructure in the 2026/27 financial year as it directs N$952.1 million towards modernising the national rail network. The railway programme has received the largest allocation under the…

Nedbank Namibia says 91% of its customers are now actively using digital banking channels as the bank continues to expand financial inclusion and strengthen customer engagement despite a challenging operating environment. Speaking on the bank’s first half 2026 results, managing…

High banking costs and the inability to maintain savings remain the biggest barriers preventing thousands of Namibians from accessing formal financial services, even as financial inclusion has reached a record 86%. The latest Namibia Financial Inclusion Survey (NFIS) 2025 shows…

Scientists have released extraordinary footage of orcas ramming into sunfish and smashing them into tiny fragments. The two videos were filmed in 2025 off the coast of Mexico, but were published in the scientific journal Frontiers in Ethology. In both…

Mumi Investment Managers and the Namibia Investment & Finance Academy (Nifa) have launched a three-year programme to develop investment professionals for Namibia’s growing capital markets. The Namibia Capital Markets Talent Development Programme will be implemented as a three-year pilot, combining…

The June 2026 butchery comparison showed that the cost of purchasing a standard basket of meat products varied across retailers. Hartlief offered the lowest-priced A-grade basket, while Klein Windhoek Slagtery recorded the lowest total cost for the economic meat basket,…

Standard Bank Namibia has appointed Elzita Beukes as its new executive of marketing and branding from 1 July. Beukes, who is currently serving as the bank’s senior public relations manager, will join the executive committee and assume responsibility for leading…