Namibia contributes N$169m to Alexforbes’ fee income

CHAMWE KAIRA

Namibia generated N$169 million in fee and commission revenue for financial services group Alexforbes during the year ended 31 March 2026, an 8.3% increase from N$156 million recorded in the previous financial year.

The figures, published in the group’s annual financial statements, show that Namibia remained one of Alexforbes’ key markets outside South Africa, contributing revenue from its financial advisory, investment management and administration businesses.