insert_link World India’s budget turns to manufacturing as government opts for caution India’s government has placed manufacturing at the centre of its new national budget as it seeks stability in the face of growing global economic uncertainty. The budget, presented in parliament on Sunday, avoided sweeping reforms and instead focused on steady sectoral support, a move analysts say reflects a cautious approach by policymakers. Neha Poonia filed this report. While the measures aim to shield the economy from external shocks, the absence […] today2 February, 2026
insert_link Namibia Civil Aviation Authority Posts Strong Financial Turnaround The Namibia Civil Aviation Authority reported a significant financial recovery for the 2024/2025 year, cutting its operational loss to N$1 million and recording a profit of N$52 million. The Authority received an unqualified audit opinion, reflecting strong governance and financial discipline. Nelson Ahipala serves as the spokesperson for the NCAA. today10 November, 2025
insert_link Business / Economics 04 March Morning Biz News: Shiimi Appoints New Procurement Board, Fuel Price War Erupts in Nigeria, and Sinopec Unveils Major Oil Discovery Finance Minister Reshuffles Central Procurement Board Finance Minister Ipumbu Shiimi has made key appointments to the Central Procurement Board of Namibia, ensuring continuity and fresh leadership. Mary Ndeshihafela Shiimi and Julinda Memosa //Garus-Oas have been reappointed, with Shiimi serving as the board chairperson. Meanwhile, Brian Katjaerua has been appointed as the new deputy chairperson. These appointments aim to enhance efficiency in procurement processes and strengthen governance. South African Manufacturing Sector […] today4 March, 2025
insert_link Business / Economics FNB Namibia freezes accounts over KYC non-compliance The First National Bank (FNB) Namibia has started freezing the accounts of customers who fail to comply with Know Your Customer (KYC) regulations, leaving some clients frustrated over the lack of access to their funds. The move is part of the bank’s obligation to adhere to the Financial Intelligence Act and other regulatory requirements aimed at preventing financial crimes. FNB Namibia’s spokesperson, Kirsty Watermeyer, said that freezing accounts […] today28 February, 2025
insert_link Business / Economics Morning Market Roundup: 24 February 2025 Local Market Performance Namibia’s stock market saw significant trading activity, with over 1.5 million shares exchanged across 15 deals, amounting to a total value of N$12 million. The financial sector led market transactions, contributing N$9.4 million, followed by consumer staples and discretionary stocks. Year-to-date, the market has recorded 9.17 million shares traded, reaching a combined value of N$537.9 million. Sasol’s Secunda Plant Faces Uncertain Future A new study in […] today24 February, 2025
insert_link Business / Economics 30 January-6 February 2025 Weekly Economics Wrap: Tourism, Telecommunications, and Global Economic Trends The local hospitality industry in Namibia is undergoing a significant shift as several major hotels transition from fixed rates to dynamic pricing. This move, influenced by international trends and increasing operational costs, has raised concerns about the impact on domestic tourism, already facing economic challenges. A recent survey by The Brief revealed that fluctuating rates could affect local tourism, making it difficult for many Namibians to access affordable accommodations. This […] today6 February, 2025
World China Vows to Deepen Graft Fight in Areas Like Finance And Energy China's top anti-graft agency has vowed to double down on its efforts to battle corruption as it mapped out its focus in areas such as finance, state-owned enterprises, and energy and renewed its pledge to go after bribe payers in the new year. It's a signal that President Xi Jinping's campaign against dirty officials will roll on for the foreseeable future. Laura Westbrook is our reporter: today9 January, 2025
insert_link Business / Economics National accounting summit kicks off in Windhoek The Institute of Chartered Accountants of Namibia's National Accounting Summit 2024 is underway in Windhoek, under the theme, "Shaping the Future of Accounting through Influence and Innovation." Here is Fenni Nghikevali, the CEO of the Institute of Chartered Accountants of Namibia. Nghikevali also explains the challenges they are faced with. today17 October, 2024
insert_link Oshiwambo Namibia okwa tameke nuunashipundi wo Southern African Customs Union (SACU) Summit, Council of Ministers and Commission Namibia okwa tameke nuunashipundi wo Southern African Customs Union (SACU) Summit, Council of Ministers and Commission, okuza nena mo 15 July. Uunashipundi owuulike etameko lyoshikako sha Namibia shomumvo 1,tashiya pehulilo mo 14 July 2025. Amushanga omukuluntu go SACU Secretariat Thabo David Khasipe nena mo Windhoek okwati Namibia okwa kutha oshinagwanithwa ku Lesotho,ngoka kwali omunashipundi go SACU okuza mo 15 July 2023 sigo 14 July 2024. Ta tseyitha kutya omupresitend Nangolo […] today15 July, 2024
