insert_link Business / Economics Next-Generation Namibia Dollar Enters Circulation in Mariental Upgraded Namibia Dollar banknotes and a new coin series have been officially released by the Bank of Namibia at a ceremony in Mariental, Hardap Region. The currency was first unveiled by President Dr. Netumbo Nandi-Ndaitwah in July as part of the Bank’s 35th anniversary celebrations, highlighting “Our Currency, Our Heritage, Our Pride,” according to Acting Deputy Director of Corporate Communications and Sustainability Naufiku Hamunime. As of today, the upgraded banknotes […] today30 September, 2025
insert_link Business / Economics Microlending Sees Sharp Growth Reliance on microlenders continues to climb, the latest report from the Namibia Financial Institutions Supervisory Authority reveals. Term borrowers average nearly N$28,000 per month, while payday borrowers, who constitute 82 percent of the portfolio, borrow just under N$4,000. Total loans jumped 45 percent in 2024 to N$5.2 billion: NamFISA chief executive officer Kenneth Matomola. today30 September, 2025
insert_link Business / Economics Non-Bank Financial Sector Shows Resilience with $474 Billion in Assets. The non-bank financial sector proved resilient in 2024, with total assets climbing 14.3% to $474.2 billion, NAMFISA CEO Kenneth Matumola reported. Overseeing 132 financial institutions and more than 14,700 intermediaries, the sector continues to underpin fiscal stability. Joanette Eises of NAMFISA: today26 September, 2025
insert_link Africa Canal Plus takes control of MultiChoice French media company Canal Plus has taken control of South Africa’s MultiChoice, creating a media group that will operate in nearly 70 countries. The companies announced in a joint statement that the combined group will employ 17,000 people and serve more than 40 million subscribers. Canal Plus said the deal strengthens its market presence across Africa, Europe, and Asia. today22 September, 2025
insert_link Business / Economics Cleanergy to build ammonia pipeline at Walvis Bay by 2029 “What is missing is that pipeline that needs to be a link between the vessel and the plant where the green ammonia is exported.” Cleanergy Solutions will construct an ammonia pipeline and terminal at Walvis Bay to support green fuel exports. The project is scheduled for completion in 2029. Namport has allocated land for the development and is investing in supporting infrastructure. Cleanergy has committed €3 billion to scale up […] today22 September, 2025
insert_link Business / Economics Headline inflation eases to 3.2% in August Headline inflation in Namibia slowed to 3.2% year-on-year in August 2025, down from 3.5% in July and below market expectations of 3.5%. The slowdown was largely driven by softer food price pressures after improved regional rainfall boosted crop production. Food inflation fell from 6.1% in July to 5.2% in August, providing some relief for households. FNB economist Helena Mboti noted that this trend reflects a combination of improved harvests and […] today22 September, 2025
insert_link Africa Namiba and Mozambique promote fair and responsible investment President of the Republic of Namibia on the Occasion of the Seventh (7th) C-10 Summit to Commemorate the Twentieth (20th) Anniversary of the Ezulwini Consensus and the Sirte Declaration, 21 September 2025 New York (Photo: Namibian Presidency X) Speaking at the 41st Annual Awards Gala Dinner of the Africa America Institute (AAI), President Netumbo Nandi-Ndaitwah and Mozambican President Daniel Francisco Chapo discussed the importance of responsible investment in Africa. The […] today22 September, 2025
insert_link Business / Economics Nasan Energies to acquire 53 service stations from Vivo Energy Signing the deal are Jaco Van Rensburg and Miguel Hamutenya (Photo: Poiyah Media) Windhoek, Namibia, 17 September 2025 - Nasan Energies Namibia (Pty) Ltd has announced an agreement with Vivo Energy Namibia to acquire 53 Engen- and Shell-branded fuel service stations. The transaction, subject to approval by the Namibian Competition Commission, marks a historic step for the country’s energy sector and will establish Nasan Energies as one of Namibia’s first […] today17 September, 2025
insert_link Business / Economics Tech leaders gather to discuss AI, cloud, and IoT innovations at BCX Summit BCX Summit 2025 (Photo: Angie Scholtz FMN) The BCX Namibia Transform Summit 2025 is currently underway in Windhoek, bringing together Africa’s leading technology experts, business decision-makers, and digital innovators. Sponsored by BCX’s OEM partners, the summit is examining how cloud computing, cybersecurity, the Internet of Things (IoT), and artificial intelligence (AI) are reshaping industries and unlocking new business opportunities across the continent. BCX executives and industry experts will share strategic […] today17 September, 2025
