Business & Economy
Markets, mining, fintech and the macro forces shaping Namibian commerce.
Thousands register interest in new affordable housing company Yambuka
More than 2 000 people have registered with Yambuka Housing, a new company that aims to provide affordable prefabricated houses in Windhoek.
Namport rejects Ghanaian businessman’s N$4bn port proposal
The Namibian Ports Authority has rejected a proposal by a Ghanaian businessman and his Namibian partners to develop a N$4-billion oil and gas supply base at the Port of Lüderitz.
Man shot dead in suspected shootout at Soweto Market
A 50-year-old man was shot and killed in Wanaheda on Friday night following an alleged shootout at Soweto Market. The incident occurred at approximately 23h30 on Hendrik Isaak Street. According to a police report, the deceased was shot with a pistol and died at the scene. Authorities said it is alleged that an exchange of […]
Namibia approves TotalEnergies’ Mopane acquisition, strengthens offshore oil ambitions
THE Ministry of Industries, Mines and Energy has approved TotalEnergies’ acquisition of a 40% interest and operatorship of Galp Energia’s giant Mopane oil discovery in the Orange Basin, paving the way for the French energy company to expand its offshore presence while advancing plans for a final investment decision on the Venus development. The approval ... The post Namibia approves TotalEnergies’ Mopane acquisition, strengthens offshore oil ambitions appeared first on Informanté .
New programme targets Namibia’s investment professionals
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 Exploitation of Workers Must End
Domestic workers, cleaners, security guards, labourers and nannies are essential to our economy, yet they frequently face exploitation and abuse that leaves them economically vulnerable, physically unsafe, and socially marginalised.
Union rejects Gendev’s N$6 700 pay offer
The Namibia Seamen and Allied Workers’ Union (Nasawu) has rejected Gendev Fishing Group’s proposed N$6 700 monthly salary offer, with the company confirming none of its employees accepted the proposal before the deadline yesterday morning.
Men urged to stop suffering in silence
Many men suffer in silence because they believe they have to face life’s challenges alone, mentor, life and business coach Sidney Boois says. Boois made the remarks this week during a men’s mental health awareness event at Eros Primary School. “Men must start to speak and then they must speak up and then they must […] The post Men urged to stop suffering in silence appeared first on The Namibian .
Gendev Fishing taken to court over non-delivery of fish worth N$3.1 million
Staff Reporter CITIPRODUCE CC, a local company, has taken Gendev Fishing Group (Pty) Ltd to court over the non-delivery of fish worth N$3.1 million, which it alleges the company failed to deliver. The Gendev Fishing Group is also currently embroiled in a salary dispute with workers after it gave employees a 24-hour ultimatum until 23 ... The post Gendev Fishing taken to court over non-delivery of fish worth N$3.1 million appeared first on Informanté .
New flight information system introduced at Walvis Bay airport to improve passenger experience
Staff Reporter The Namibia Airports Company (NAC) has introduced a modern Flight Information Display System (FIDS) at Walvis Bay International Airport as part of ongoing efforts to enhance passenger services through digital technology. The N$1.3 million system provides passengers with real-time flight updates through strategically placed digital screens across the terminal, including check-in areas, departure ... The post New flight information system introduced at Walvis Bay airport to improve
Namibia weaner prices trail SA by wide margin
Staff Reporter NAMIBIAN weaner calf prices are currently trading significantly below South African levels, with the price gap widening as local producers face higher export costs, foot-and-mouth disease (FMD) restrictions and logistical challenges. According to livestock market data, South African weaner calves are trading at around R46.03 per kilogram, equivalent to approximately N$46 per kilogram, ... The post Namibia weaner prices trail SA by wide margin appeared first on Informanté .
Nedbank conference targets MSME growth
Nedbank Namibia will host the second Future of Business Conference later this month, bringing together entrepreneurs, business leaders and industry experts. The announcement was made by Nedbank spokesperson Selma Kaulinge in a media statement issued on Friday. Kaulinge says micro, small and medium enterprises (MSMEs) remain central to Namibia’s economy. “At Nedbank Namibia, we believe […] The post Nedbank conference targets MSME growth appeared first on The Namibian .
Bipa workers to get salary increase
The Business and Intellectual Property Authority (Bipa) and the Namibia Public Workers’ Union on Thursday signed a wage agreement for the 2026/27 financial year. The agreement provides for a salary adjustment effective from 1 April and introduces employer contributions towards employees’ medical aid for the first time. Bipa says the salary adjustment and medical aid […] The post Bipa workers to get salary increase appeared first on The Namibian .
Recognition Belongs to Everyone
There are moments in a company’s journey that invite reflection. Not only on where it has come from, but on the people who made the journey possible. For Gondwana Collection Namibia, this year has been filled with those moments. As the company celebrates 30 years of sharing Namibia with the world, it has been honoured […] The post Recognition Belongs to Everyone appeared first on The Namibian .
‘Never too late to start’ … pensioner turns lifelong passion into business
SWAKOPMUND – Retirement has not slowed 66-year-old Johanna Nangula, a pensioner from Swakopmund. With age, wisdom and the benefit of hindsight, Nangula has
Climate finance drive faces major hurdles
The Bank of Namibia has identified poor climate data, limited technical capacity and weaknesses in Namibia’s project pipeline as some of the major challenges slowing the mobilisation of sustainable finance in the country. The concerns were raised during the first Sustainable Finance Workshop hosted by the Namibia Sustainable Finance Alliance (NSFA), in partnership with the... The post Climate finance drive faces major hurdles appeared first on New Era .
Walvis Bay airport gets N$1.3m flight information upgrade
The Namibia Airports Company (NAC) has introduced a new Flight Information Display System (FIDS) at Walvis Bay International Airport in a move aimed at improving passenger services and making travel information easier to access. The system, which cost about N$1.3 million, provides passengers with real-time updates on flight arrivals, departures, boarding times, gate changes and... The post Walvis Bay airport gets N$1.3m flight information upgrade appeared first on New Era .
Starlink puts private aviation connectivity in the spotlight
High-speed internet is becoming an important part of the private aviation experience as passengers increasingly expect to stay connected even while flying. Satellite internet services such as Starlink, developed by SpaceX, are changing the way passengers use aircraft by allowing them to work, attend virtual meetings, communicate and stream content during flights. The technology is... The post Starlink puts private aviation connectivity in the spotlight appeared first on New Era .
Fraudsters target trust as Bank Windhoek warns customers
Bank Windhoek has warned customers and the public to remain cautious as criminals continue to use more advanced tricks to steal banking information and access accounts. The bank said fraudsters are no longer only targeting banking systems but are increasingly targeting people by using fear, pressure and false trust to convince them to share confidential... The post Fraudsters target trust as Bank Windhoek warns customers appeared first on New Era .
Gendev salaries in cul-de-sac … union, employer deadlocked over 120% increase
WALVIS BAY – Salary negotiations between Gendev Fishing Group and the Namibia Seamen and Allied Workers Union (Nasawu) remained deadlocked yesterday after the union rejected the company’s latest wage proposal. This is after an offer by Gendev to increase workers guaranteed monthly salaries from N$2 960 to N$6 700, while raising guaranteed working hours from... The post Gendev salaries in cul-de-sac … union, employer deadlocked over 120% increase appeared first on New Era .
FirstRand Namibia, bank workers union agree to 5.71% wage increase
Staff Writer FirstRand Namibia and the Namibia Bank Workers Union (NBWU) have concluded a wage settlement agreement for the 2026/27 financial year, with employees in the defined bargaining unit set to receive an average salary increase of 5.71%. The agreed adjustment will take effect from 1 August 2026 and will be implemented in line with […]
Cybersecurity threats increase by almost 40% in second quarter of 2026
Staff Reporter IN a mere three-month period from April to June 2026, Namibia is said to have been exposed to a total of 513,921 cybersecurity vulnerabilities, a 39.8% increase compared to the same period last year. Cyber events also increased by 56.7%, with 161,547 events detected during the reporting period. Following this unprecedented increase, the ... The post Cybersecurity threats increase by almost 40% in second quarter of 2026 appeared first on Informanté .
Union rejects Gendev’s increased salary offer
Renthia Kaimbi The Namibia Seamen and Allied Workers Union (NASAWU) has rejected Gendev Fishing Group’s latest salary offer, dismissing it as no genuine increment after the company issued a 24-hour ultimatum to workers to accept the proposal or forfeit it entirely. In an internal memorandum dated 22 July 2026 and seen by the Windhoek Observer, […]
Namibia urged to leverage Africa’s digital partnerships
Patience Makwele Namibians have been urged to take greater advantage of continental partnerships and knowledge-sharing platforms to accelerate its digital transformation and strengthen its position in Africa’s digital economy, MTC’s Head of Digital Transformation, Nawa Likando said. Likando, who is part of the Africa Digital Festival (ADF) Digital Champions Cohort, said Africa’s digital future will […]
Construction payment dispute sent to mediation
Sostenus Wilherm A contractual dispute between Manani Investments CC and August 26 Construction (Pty) Ltd over nearly N$800 000 in unpaid construction work has been referred to court-connected mediation by the High Court, in a move aimed at resolving the matter without proceeding to a full trial. High Court judge Shafimana Ueitele on Thursday ordered […]
A paid Dubai-based consultancy more than R7.7m to run its GNU operation
Ryan Coetzee helped negotiate the DA into the GNU while serving as CEO of an international political and corporate advisory company. Three months later, the DA […]
US imposes tariffs on dozens of trade partners, citing forced labour concerns
The US has imposed new tariffs on 60 trading partners, accounting for the vast majority of its imports, over claims they failed to properly stop forced labour. The duties, ranging from 10% to 12.5%, target key economic partners – including the UK, China, the European Union, Canada, Japan and India. They came into effect on […] The post US imposes tariffs on dozens of trade partners, citing forced labour concerns appeared first on The Namibian .
Diamond production stood at 531 000 carats during Q2
Namibia's rough diamond production remained broadly unchanged at 531 000 carats during the second quarter ended 30 June 2026, as higher-grade mining at Namdeb offset operational disruptions at Debmarine Namibia, Anglo American said in its latest production report.
Stimulus issues cautionary announcement over negotiations
Stimulus Investments Limited has issued a cautionary announcement advising shareholders that it has entered into negotiations which, if successfully concluded, could have a material effect on the price of its preference shares.
Bank of Namibia planning climate data diagnostic study
The Bank of Namibia is advancing a national diagnostic study to assess the availability, quality, consistency and accessibility of climate-related data.
Mr Price Group reports R13.1 billion first-quarter retail turnover
Africa’s retail market has delivered stronger-than-expected growth for South Africa-based fashion and value retailer Mr Price Group, with sales performance across the continent outperforming broader retail market growth during the first quarter of its 2027 financial year.