insert_link Business / Economics NamRA Warns Importers Over Unpaid VAT The Namibia Revenue Agency has cautioned that importers who fail to settle outstanding deferred VAT balances may have their accounts suspended. NamRA’s Tonateni Shidhudhu, manager of strategic communications and stakeholder engagements, said affected importers must pay VAT upfront at customs and clear any arrears to avoid disruptions. today23 December, 2025
insert_link Business / Economics Domestic Economy Expands 1.9 Percent in Q3 The domestic economy grew by 1.9 percent in the third quarter, slightly below last year’s 2.1 percent, driven mainly by a 4.1 percent rise in the services sector. Financial services and wholesale and retail trade supported growth, reflecting continued but moderate economic momentum. Economist Almandro Jansen commented on the latest figures. today23 December, 2025
insert_link Business / Economics Fuel Prices Review Complete for January The Ministry of Industries, Mines and Energy’s Anna Salkeus announced that the review of fuel prices for January next year has been finalised. She said international oil prices fell in November 2025 due to oversupply, weak demand growth, a softer US dollar, increased US shale production, and the easing of OPEC+ output cuts. today22 December, 2025
insert_link Business / Economics Q3 Economic Growth Slows to 1.9% Economic growth for the third quarter slowed to 1.9 percent from 2.1 percent last year, driven by the services sector—including financial services, trade, education, and health—and supported by strong electricity and water output, as per the Statistics Agency. Agriculture and mining fell, investment declined, but household and government spending increased, while faster export growth narrowed the trade deficit, the NSA’s Mirjam Shihepo: today19 December, 2025
insert_link Business / Economics NSX Honoured for Innovation in Southern Africa The Namibia Securities Exchange received the Most Innovative Securities Exchange in Southern Africa award for 2025, showcasing its commitment to market development. CEO Tiaan Bazuin said the accolade reflects the NSX’s recent upgrades, including a bond trading system and Central Securities Depository, aimed at boosting efficiency, transparency, and sustainable growth in the country’s financial markets. today18 December, 2025
insert_link Business / Economics Lion Oilfield Services Invests in Local Skills Lion Oilfield Services is placing a strong emphasis on developing local talent as the country moves closer to commercialising its offshore oil and gas sector. The company prioritizes skills development, advanced technology, and community reinvestment, while Petroleum Commissioner Maggy Shino stresses the need to build local capacity. Paulo Coelho, Business and Communications Executive for Lion Oilfield Services Namibia: today18 December, 2025
insert_link Business / Economics NAMFISA reports asset growth and higher complaints in financial sector Photo credit: James Cullen The Namibia Financial Institutions Supervisory Authority (NAMFISA) has reported that the country’s non-banking financial institutions sector continued to grow in the third quarter of 2025, with total assets reaching N$528.2 billion, despite ongoing compliance challenges in certain parts of the industry. In its Third Quarter 2025 Quarterly Statistical Bulletin, NAMFISA reported that assets grew by 5.3 percent from the previous quarter and 14.8 percent year-on-year, supported […] today17 December, 2025
insert_link Business / Economics Namibia Launches Convention Bureau The Convention Bureau was launched in Windhoek to promote our country as a hub for meetings, incentives, conferences, and exhibitions. Coordinated by Environment and Tourism Minister Indileni Daniel and hosted under the Namibia Investment Promotion and Development Board, the bureau aims to attract investment, create jobs, and boost high-value tourism, according to NIPDB Senior Manager Catherine Shipushu. today17 December, 2025
insert_link Business / Economics Standard Bank Warns of Rilide Malware Threat Standard Bank Namibia has alerted customers to a rise in Rilide malware attacks targeting online banking, which can steal login credentials and intercept one-time passwords. Colanè Esterhuizen-Andreas, the bank’s forensic services manager, urged clients to stay vigilant, avoid suspicious links and unverified browser extensions, and report any unusual activity immediately. today17 December, 2025
