NamibiaEconomy

Proposed Investment Bill Criticized as Risk to Growth

The Economic Policy Research Association says the Investment and Facilitation Bill, slated for Parliament in March, could stifle investment in Namibia. Speaking to NewsOnOne's Eric Mhunduru, board member Johan Coetzee, says the bill’s provision granting one minister sweeping powers to approve, regulate, or limit investments threatens the country’s economic progress and development potential.

26 January, 2026

Business / Economics

Rising Costs and Regulations Threaten Jobs, Says Namibian Employers’ Federation

The Namibian Employers’ Federation is urging realistic and affordable labour and economic policies in 2026, saying rising business costs and regulatory pressure are threatening jobs. Federation president Elia Shikongo stresses that slow economic growth and high unemployment require policies that support business sustainability to protect employment.

21 January, 2026

Namibia

GIPF Housing Scheme Beneficiaries Raise Control Concerns

Some beneficiaries of the Government Institutions Pension Fund’s Pension-Backed Home Loan Scheme say their retirement savings are effectively managed by third-party administrators. Speaking to reporter Ludorf Iyambo, civil servant Haundjondjo Moses said members are compelled to access their own funds through intermediaries instead of receiving direct financing from GIPF.

15 January, 2026

Business / Economics

NAMFISA Warns Against Unregistered Microlenders

The Namibia Financial Institutions Supervisory Authority has cautioned consumers to only obtain short-term credit from registered microlenders to avoid exploitation. NAMFISA Manager for Corporate Communications and Consumer Education Victoria Raimond urges the public to verify lenders on the authority’s website and report suspected illegal microlending activities.

15 January, 2026

Business / Economics

Standard Bank Cuts Fees to Boost Financial Inclusion

Standard Bank Namibia has rolled out revised banking fees offering free card swipes, limited free ATM withdrawals, and lower digital transaction costs. Public Relations and Communication Senior Manager Elzita Beukes says the move is designed to encourage cashless transactions and put more money back into customers’ pockets.

15 January, 2026

Namibia

Fuel Prices Remain Unchanged for November

The Ministry of Industrialisation, Mines, and Energy has announced that fuel prices will remain unchanged for November. Petrol will stay at N$20.37 per litre, while Diesel 50ppm and Diesel 10ppm will remain at N$19.92 and N$20.02 per litre, respectively. The ministry added that the National Energy Fund will continue to support the adjustment in the industry margin. Here is Simonis Storm economist, Almandro Jansen.

3 November, 2025

Namibia

EAN Hosts talks on Jobless growth

The Economic Association of Namibia, with the Hanns Seidel Foundation, held a public discussion in Windhoek on how to turn Namibia’s economic growth into jobs. Experts, including Dr. Michael Humavindu from the Ministry of Finance, said growth must be inclusive and linked to job creation, skills development, and support for small businesses.

30 October, 2025

Namibia

Namibia fully pays off 2015 Eurobond

Finance Minister Ericah Shafudah has announced that Namibia has fully paid off its N$13-billion eurobond. She said the repayment comes amid challenging global capital flows and trade shifts. Shafudah noted that clearing the debt creates fiscal space for the government to invest more in critical sectors and improve the lives of Namibians. Here is local economist Chiinga Syabaswi.

30 October, 2025

Namibia

Customs Reminds Clearing Agents to Renew Licenses for 2026

The Namibia Revenue Agency has reminded clearing agents to renew their licenses for 2026 by 31 December. NamRA warns that unrenewed licenses will be suspended from 1 January 2026. Here is Namra spokesperson Steven Ndorokaze.

27 October, 2025