insert_link Business / Economics Small Traders Raise Concerns Over Customs and Taxes Small traders, known as “Order With Me” agents, have approached the Namibia Revenue Agency to highlight issues including confusing customs procedures. Hertha Ekandjo reports that they also named high taxes, delays at ports of entry, and the confiscation of goods today11 December, 2025
insert_link Business / Economics Banking Sector Strengthens Economic Footing Local banking assets have climbed to N$180 billion, representing 70% of the Gross Domestic Product and confirming the industry’s role as the third-largest contributor to the economy. Our correspondent Hertha Ekandjo reports that PSG Wealth Namibia says the sector contributed 8.1% to GDP for this year, maintaining a steady 5% year-on-year growth despite wider economic challenges. today14 November, 2025
insert_link Business / Economics ECB Cuts Rates Again Amid Economic Uncertainty The European Central Bank has reduced interest rates for the sixth time in nine months in an effort to support economic growth in the eurozone says BBC. Despite economic challenges such as the threat of U.S. tariffs and plans to increase European military spending, the bank remained committed to its strategy of lowering rates. The ECB lowered its main interest rate from 2.75% to 2.5% and further revised its economic […] today7 March, 2025
insert_link South Africa ActionSA challenges GNU to break the ANC’s reliance on failing economic policies ActionSA has challenged the government of national unity partners to break the ANC’s reliance on failing economic policies. ActionSA's Alan Beesley says South Africa’s economy remains far below emerging market averages, while unemployment remains at 41.9-percent. today5 March, 2025
insert_link South Africa In S.A, the MK Party says the SONA was disappointing In S.A, the MK Party says the state of the nation address was disappointing, hollow, and uninspiring. In his address on Thursday evening, president Cyril Ramaphosa made strong statements about investing in the future of South Africa and standing up to bullies on the global stage. MK Party’s deputy president, John Hlophe, says Ramaphosa should have started his address by giving an update on the progress made to the promises […] today7 February, 2025
insert_link Business / Economics Young Generations Redefine Life Insurance According To Old Mutual Ndadhi Ndoroma, General Manager of Personal Financial Advice at Old Mutual Namibia, notes that Millennials and Gen Z are reshaping life insurance by prioritizing financial flexibility, wealth-building, and digital accessibility. Unlike older generations, they seek adaptable, tailored solutions to fit their evolving lifestyles and economic challenges. With rising living costs and student debt, they view life cover as a safety net rather than just family protection. today5 February, 2025
insert_link Business / Economics Bank Windhoek Warns Against Poor Financial Planning Bank Windhoek's Credit Executive Officer, Eddie King, identifies poor financial planning, unexpected expenses, economic downturns, and over-reliance on credit as major causes of financial default. He stresses the importance of budgeting, emergency funds, and strong financial planning to navigate economic challenges and avoid high-interest debt traps. King urges individuals and businesses to stay informed about economic trends to make better financial decisions. today5 February, 2025
insert_link South Africa S.A. Trade Minister Says Davos Meeting to Showcase South Africa’s Economic Progress S.A's Minister of Trade, Industry, and Competition, Parks Tau, says the World Economic Forum Annual Meeting will be a platform for South Africa to show that it addresses the challenges facing the economy and the country. He says the importance of attending the WEF meeting cannot be underestimated in the face of South Africa’s ambitions to prop itself up as an investment destination of choice: today17 January, 2025
insert_link South Africa S.A Union Urges Equal Success for Girls and Boys in South African Schools The South African Democratic Teachers’ Union is calling on the Department of Basic Education to do more to ensure that both girl and boy learners succeed equally. This as more female learners wrote the 2024 National Senior Certificate examinations and outperformed male learners. Sadtu’s spokesperson, Nomusa Cembi, says the government must prioritise education as a vital investment in addressing social and economic challenges: today15 January, 2025
