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 Interview: Prime Minister Ngurare’s National Youth Fund Launch Draws Mixed Reactions from Entrepreneurs In response to the recent launch of the National Youth Development Fund by Prime Minister Elijah Ngurare in Windhoek, Frans Koita, business consultant at DKL Africa Consultants CC, shared insights on the allocation of funds to pilot-phase entrepreneurs. Koita highlighted that most of the 42 selected beneficiaries are involved in agricultural projects. “This is largely because the fund draws from three institutions: the Development Bank of Namibia (DBN), Agribank, […] today2 October, 2025
insert_link Business / Economics Interview: Youth Empowerment and Business Funding: Insights from Frans Koita of DKL Africa Consultations CC Frans Koita, founder of DKL Africa Consultations CC, has emerged as a key mentor for young entrepreneurs navigating the often-confusing world of business. In a recent interview with Future Media, Koita shared his perspective on the National Youth Development Fund, a government initiative aimed at allocating N$257 million to viable youth-led businesses. Koita highlighted a persistent challenge: the majority of youth lack basic business knowledge. “Less than five percent of […] today1 September, 2025
insert_link Business / Economics Nekundi Warns Against Import Preference. Works and Transport Minister Veikko Nekundi has reinforced the call for ministries to support local procurement, warning against purchasing foreign goods over domestic alternatives. He emphasised that supporting local producers drives job creation, empowerment, and economic growth. today21 August, 2025
insert_link Business / Economics First-Ever Nedbank Business Conference Set for Windhoek On August 21, Nedbank Namibia will host its inaugural Future of Business Conference at Droombos, Windhoek, aimed at supporting SMEs and startups. Topics will include leadership, HR, communication, and IT, with speakers such as Nedbank Group CEO Jason Quinn and Aurik Co-Founder Pavlo Phitidis, according to NedBank Chief Commercial Officer JG van Graan. For the Full interview, listen to the Business Report tonight on Nova 103.5 today19 August, 2025
insert_link Business / Economics Nedbank Hosts Business Growth Conference in Windhoek Nedbank will host its first Future of Business Conference on August 21 at Droombos in Windhoek, aimed at empowering local SMEs and startups. The event will cover leadership, communication, HR, and IT, with top speakers including Nedbank CEO Jason Quinn and Aurik Co-Founder Pavlo Phitidis. Nedbank’s PR Manager, Selma Kaulinge: today22 July, 2025
insert_link Business / Economics 28 February 2025, Morning Biz News: Businesses Face Blacklisting, SA Inflation Rises, MTN Gains in Nigeria, UK Business Confidence Rebounds Local Businesses Face Blacklisting Over Non-Compliance The Business and Intellectual Property Authority (BIPA) has issued a stark warning to registered entities in Namibia, cautioning that a majority risk blacklisting for failing to comply with the country's beneficial ownership law. According to The Brief, only 84,000 out of 229,000 registered businesses have submitted the required information, leaving 145,000 entities vulnerable to severe penalties. This crackdown aims to enhance financial transparency and […] today28 February, 2025
insert_link Business / Economics Thriving Market for Secondhand Fishing Gear in Windhoek’s Industrial Hub Despite being far from coastal fishing hubs, secondhand fishing nets and heavy-duty ropes are in high demand in Windhoek’s Northern Industrial area. According to Ketemba Tjipepa from One Africa TV’s NewsOnOne, vendors report that business is thriving, proving a strong inland market for these maritime materials. Ketemba also spoke to one more vendor on their experience: Catch last night's full news bulletin on oneafrica.tv. Weeknights you can watch NewsOnOne at […] today15 February, 2025
insert_link Dr. Sam Nujoma Business Community Pays Tribute to Founding Father Sam Nujoma The Chamber of Commerce and Industry honored the late Founding Father, Dr. Sam Nujoma, for his pivotal role in the country's economic and political development. Speaking at a memorial event, NCCI Director Vetumbuavi Mungunda highlighted Nujoma’s contributions, including his efforts to unify Namibia’s business sector, champion infrastructure projects, and promote economic self-sufficiency. Nujoma’s legacy as a visionary leader committed to national prosperity remains a guiding force for Namibia’s business community. today15 February, 2025
