trade

31 Results / Page 1 of 4

Business / Economics

Namport upgrades Walvis Bay port equipment to improve efficiency and safety

The Namibian Ports Authority (Namport) has introduced next-generation reach stackers at the Port of Walvis Bay as part of its ongoing port modernisation drive aimed at improving efficiency, safety, and service delivery. The E-Series machines, supplied by Forklift Allied Equipment, are capable of stacking containers up to five high, increasing container handling capacity while reducing equipment downtime and operational risks. Namport’s Manager for Marketing and Stakeholder Engagement, Cliff Shikuambi, said […]

today2 February, 2026

Namibia

National Assembly speaker engages Finnish MP on trade and cooperation

National Assembly Speaker, Saara Kuugongelwa- Amadhila (Photo by: Namibia Press Agency) National Assembly Speaker Saara Kuungongelwa-Amadhila met with Finnish Member of Parliament Ville Valkonen, chair of the Namibia–Finland Parliamentary Friendship Group, to discuss ways to deepen cooperation between the two countries. The talks covered development projects, education, trade, investment, and tourism. Valkonen described Namibia as Finland’s most active parliamentary partner in Africa, highlighting strong interest from Finnish businesses and institutions […]

today20 January, 2026

Africa

Zambia becomes first in Africa to accept mining taxes in yuan

A China yuan note is seen in this illustration (Photo by REUTERS/Thomas White) Zambia has become the first African country to allow Chinese mining companies to pay taxes in yuan, a move aimed at reducing reliance on the US dollar and reflecting the country’s deepening economic ties with China. The policy shift was confirmed by the Bank of Zambia, according to News24. According to Bloomberg Law, the change comes amid […]

today20 January, 2026

Business / Economics

Q3 Economic Growth Slows to 1.9%

Economic growth for the third quarter slowed to 1.9 percent from 2.1 percent last year, driven by the services sector—including financial services, trade, education, and health—and supported by strong electricity and water output, as per the Statistics Agency. Agriculture and mining fell, investment declined, but household and government spending increased, while faster export growth narrowed the trade deficit, the NSA’s Mirjam Shihepo:   

today19 December, 2025

Business / Economics

South Africa Remains Top Partner in Trade

The national trade balance for July showed a deficit of N$58 million, reversing the N$856 million surplus seen a month earlier. Despite this, the figure is far better than the N$2.0 billion shortfall posted in July 2024. According to the Namibia Statistics Agency, South Africa remains the country’s most significant trading partner. Mirjam Shihepo from NSA:  

today5 September, 2025

Business / Economics

Govt Engages Regions on Continental Trade

The International Relations and Trade ministry, working with the Industries, Mines, and Energy ministry, has launched regional consultations with the business community to advance participation in the African Continental Free Trade Area. The first meetings took place in Lüderitz, Hardap, and Omaheke. Minister Selma Ashipala-Musavyi says the initiative is key to strengthening regional trade integration. 

today4 September, 2025

Business / Economics

South Africa must diversify trade

South Africa’s envoy to the United States, Mcebisi Jonas, says the country must broaden its trade relationships as it faces potential tariff changes and uncertainty over the future of the African Growth and Opportunity Act (AGOA). Jonas made the remarks ahead of an expected announcement by U.S. President Donald Trump on trade policies related to Africa. He said African countries should take the lead in navigating global trade, despite challenges […]

today30 July, 2025

Business / Economics

Namibia and Botswana Officially Slash Roaming Charges

  In September last year, the Information and Communication Technology ministry officially announced reduced roaming charges between Namibia and Botswana, effective August last year. In her speech last week, the minister Emma Theofelus reiterated recently that the new tariffs aim to enhance cross-border communication and strengthen bilateral ties. Directed by CRAN and Botswana’s BOCRA, mobile operators like Telecom Namibia, MTC, BTC, Mascom, and Orange Botswana implemented the reductions. Theofelus highlighted […]

today27 January, 2025