Consumer Protection

Interview: Herbert Jauch Calls for Radical Overhaul of Namibia’s Housing and Loan System

Namibia’s housing market is fundamentally broken and rigged in favour of commercial banks, says social justice activist Herbert Jauch, who is calling for urgent reforms to protect homebuyers and make housing more affordable for ordinary Namibians. In a strong critique of the current system, Jauch argues that the structure of mortgage financing in the country puts excessive risk on borrowers. “Right now, if a person who took out a […]

23 June, 2025

Local

BANK OF NAMIBIA AND COMMUNICATIONS REGULATORY AUTHORITY OF NAMIBIA SIGN MEMORANDUM OF UNDERSTANDING TO ENHANCE REGULATORY COOPERATION

The Bank of Namibia (BoN) and the Communications Regulatory Authority of Namibia (CRAN) have formalised their cooperation with the signing of a Memorandum of Understanding (MoU) in Windhoek. This MoU strengthens collaboration between the two regulators, reinforcing their commitment to the effective regulation of the telecommunication and financial sectors in Namibia. BoN, established under the Bank of Namibia Act, (No. 1 of 2020), is tasked with promoting monetary stability, […]

6 December, 2024

Local

CRAN ENHANCES TYPE APPROVAL COMPLIANCE WITH NAMRA THROUGH CAPACITY-BUILDING TRAINING

04 DECEMBER 2024 The Communications Regulatory Authority of Namibia (CRAN) recently launched a series of capacity-building training sessions with customs officials from the Namibia Revenue Agency (NamRA). This initiative, conducted under the Memorandum of Understanding (MoU) between CRAN and NamRA, seeks to deepen understanding and strengthen compliance with Type Approval Regulations for telecommunications equipment. Type Approval is a regulatory process that ensures telecommunications equipment meets Namibia’s technical and safety standards […]

4 December, 2024

Business / Economics

Bank of Namibia Issues Warning on Fraudulent Investment Schemes

The Bank of Namibia has raised alarms about an increase in fraudulent investment schemes that falsely promise financial support for the nation’s development initiatives. These scams primarily target high-ranking government officials and traditional leaders, exploiting their reputations to gain credibility. The Bank has also observed that religious and traditional leaders are being approached to promote these deceptive schemes within their communities, further misleading the public. The regulator's Josefina Oskar:

23 October, 2024

Business / Economics

Auto industry faces new guidelines

The Namibian Competition Commission is developing industry guidelines to address anti-competitive practices in the automotive sector. The proposed guidelines will, according to the Commission, improve market conditions by promoting fair competition, transparency, and consumer protection. The development follows an investigation launched in 2018 into the conduct of original equipment manufacturers, vehicle dealerships, and panel beaters. NaCC spokesperson Dina //Gowases.

30 July, 2024

Lifestyle

Websites deceive users by deliberately hiding the extent of data collection and sharing

Within the first three seconds of opening a web page, over 80 third parties on average have accessed your information. (Shutterstock) By Raymond A. Patterson, University of Calgary; Ashkan Eshghi, Warwick Business School, University of Warwick; Hooman Hidaji, University of Calgary, and Ram Gopal, Warwick Business School, University of Warwick Websites sometimes hide how widely they share our personal information, and can go to great lengths to […]

17 April, 2024