insert_link Business / Economics Bank Of Namibia Defends N$1 Coin Design Amid ‘Outere Dollar’ Talk The Bank of Namibia has addressed public concerns over the new N$1 coin, explaining that its design—showing two hands exchanging coins—was created to honour the country’s retail sector and highlight values like dignified trade, resilience, and economic inclusion. The Bank’s spokesperson, Kazembire Zemburuka, clarified that the nickname “Outere Dollar” (Khoekhoegowab for “give me”) was never part of the official intent. today4 August, 2025
insert_link South Africa Why SA’s spending boom isn’t what it seems South African consumers remain under financial strain, despite data that may suggest a rebound in spending, according to a new strategy research report by Simonis Storm Securities, a 100% Namibian-owned stockbroker and wealth management company. Titled “The Illusion of Rebound: Underneath the Spend, the Strain Persists”, the May 2025 report indicates that a year-to-date consumer spend increase of just 0.6% year-on-year is being misinterpreted as economic recovery. When compared to […] today20 May, 2025
insert_link Local Nictus Holdings Group of Companies Expands with Strategic Acquisition of Build IT Walvis Bay Branch Walvis Bay, Namibia – 06 November 2024 – Nictus Holdings Group of Companies, a leading name in retail, furniture, and insurance services in Namibia, is proud to announce the acquisition of the Build IT Walvis Bay branch. This strategic move is part of Nictus’s ongoing commitment to growth, community development, and providing comprehensive services to its customer base across Namibia. The Build IT Walvis Bay branch has been an integral […] today12 November, 2024
