The Development Bank of Namibia (DBN) has approved N$912.7 million in funding. It also supported the creation of 1 429 jobs during the 2024/25 financial year. This is according to the bank’s 2024/25 integrated annual report (IAR). The DBN said…
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First National Bank (FNB) Namibia has been awarded top employer in Namibia and Africa for 2026 by the Top Employers Institute, marking the second consecutive year the bank has received the recognition. The certification follows an independent assessment conducted through…
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Namibia and Russia have identified mining, uranium and energy as priority areas for expanded bilateral cooperation following high-level talks held in Moscow on Wednesday. Speaking at a joint press conference, Russian foreign minister Sergey Lavrov said discussions focused on geological…
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The World Food Programme (WFP) requires US$739,601 (about N$14 million) in net funding to sustain its operations in Namibia over the six-month period from December 2025 to May 2026. The agency said the shortfall represents a 17% funding gap in…
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Namibia could be presented with a renewed opportunity to strengthen its trade relationship with the United States (US) after the US House of Representatives passed legislation extending the African Growth and Opportunity Act (Agoa) through to 2028. The bill was…
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Windhoek has ranked among Africa’s higher-cost cities in 2026, placing seventh on the continent and fourth in southern Africa, according to cost-of-living data published by Numbeo. Numbeo says its index compares relative living costs across cities using a basket of…
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Midas Minerals Ltd has reported a new high-grade copper and silver discovery at its Spaatzu Prospect within the Otavi Copper Project in Namibia, according to results released by the company. Initial drilling from hole MORC006 intersected multiple mineralised zones, including…
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Botswana, Angola and Namibia have expressed interest in acquiring equity in De Beers, De Beers chief executive Al Cook has confirmed. Cook disclosed the interest in an interview with Reuters, but declined to provide details on the size of potential…
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Namibia sent more money abroad than it received in international remittances during the third quarter of 2025, resulting in a net outflow of N$151 million. According to the Bank of Namibia Quarterly Bulletin, the outcome was driven by a sharp…
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Namibia’s medical aid funds industry recorded a net surplus of N$129.5 million in the third quarter of 2025, according to the Namibia Financial Institutions Supervisory Authority (Namfisa). The regulator says the industry’s assets remained sufficient to fully cover liabilities during…
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Savanna Beef has secured an additional N$40 million in private equity funding through a share allotment to BPF Windsor Holdings Ltd, lifting total private equity financing for the project to N$290 million. The company says the N$40 million investment is…
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Ohlthaver & List (O&L) Group recorded revenue of N$5.05 billion in 2025, representing growth of 4.4%, alongside a 94% increase in operating profit to N$363.7 million, as the group continued to reposition its operations in line with its Vision 2029…
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