Namibia Business

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

11 December, 2025

Business / Economics

Repo Rate Held at 6.50% to Support Stability

The Bank of Namibia has kept the Repo rate unchanged at 6.50% following its final MPC meeting of the year earlier this week. The committee said the decision helps maintain the Namibia Dollar–Rand peg while supporting the domestic economy. Moderate economic growth, contained inflation, slower credit extension, a narrower trade deficit, and sufficient international reserves all shaped the decision.

4 December, 2025

Namibia

NAMDIA CEO Dr. Amupolo Terminated After Disciplinary Hearing

The Namib Desert Diamonds (Pty) Ltd Board has terminated CEO Dr. Alisa Amupolo, effective immediately, following an independent disciplinary hearing that found her guilty of two counts of gross negligence and one of gross insubordination, NAMDIA said in a statement late last week. The hearing, which began in November 2024, addressed operational decisions between April 2023 and July 2024 that led to business losses. Interim CEO Lelly Usiku will lead the […]

13 October, 2025

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, […]

2 October, 2025

Namibia

Interview: Blue Growth Series Attracts Over 340 Entrepreneurs, Spotlight on Informal Sector

Standard Bank’s latest entrepreneurship initiative — the Blue Growth Series — has received over 340 applications within two weeks, with close to half coming from the local informal economy. This was revealed by Arinze Okafor, the founder of the Namibia Investment and Finance Academy (NIFA), during an interview on Fresh FM earlier today. “The response has been overwhelming,” Okafor said, noting that approximately 170 applicants are informal traders such as […]

28 July, 2025

Business / Economics

January Vehicle Sales Up Year-on-Year but Drop Monthly

Records indicate 966 new vehicle sales in January, a 1.7% increase from January 2024 but a 12.2% decline from December 2024. Economist Almandro Jansen attributes the drop to seasonal trends and post-holiday financial constraints.

25 February, 2025

Local

Innovative Agricultural Board Game Launches with Nedbank Sponsorship

An exciting new agriculturally themed board game, developed in Namibia, has been launched with the support of Nedbank Namibia. Designed to educate and entertain, this unique game – Farmwise – fosters understanding of the challenges and rewards of farming while promoting collaboration between farmers, labourers, and their families. The idea for the game was born in an unexpected moment of frustration suffered by game developer Piet Gouws. After he had […]

20 January, 2025