NamibiaEconomy

Namibia makes progress on FATF Grey List

The Financial Intelligence Centre says Namibia is on track to exit the FATF grey list by May 2026, after addressing most of the weaknesses in its anti-money laundering and counter-terrorism financing systems. The FATF this week adopted Namibia’s third Progress Report in Paris, commending the country’s progress under the leadership of the Cabinet. The report was submitted in July and formally adopted by the FATF Plenary on 24 October 2025. […]

27 October, 2025

Namibia

The Namibian Competition Commission has transferred a total of N$65 million in penalties to the State Revenue Fund since its establishment in 2009, with the latest N$9 million payment made for the 2024/25 financial year.

The Namibian Competition Commission has transferred a total of N$65 million in penalties to the State Revenue Fund since its establishment in 2009, with the latest N$9 million payment made for the 2024/25 financial year. According to the NaCC, the N$9 million collected during the financial year came from settlement agreements in the non-financial (N$1 million), cement (N$5 million), and fuel and air transport (N$3 million) sectors. Here is the […]

23 October, 2025

Business / Economics

02-09 January 2025 Weekly Economics Wrap

In Namibia, the stock market reported a total trade value of N$13.4 million year-to-date, with 269,245 shares traded across 24 deals as of January 3. The financials sector dominated, contributing over N$8.8 million in value across 15 deals. Meanwhile, Chinese Foreign Minister Wang Yi announced multibillion-dollar investments in Namibia, including nuclear power, minerals processing, and housing for the police force. China's N$ 94 billion investment in Swakop Uranium is Africa's […]

9 January, 2025