Category: Finance
Foreign Investment Fuels Namibia’s Economic Growth – FNB Economist
By: Justicia Shipena Namibia’s economic growth is increasingly reliant on foreign investment as household consumption weakens, according to FNB Namibia Economist Helena Mboti. This comes as the country’s real GDP expanded by 3.7% year-on-year in the fourth quarter of 2024,…
Shafudah’s Daunting Finance Task, As the Country Treasurer
By: Nghiinomenwa-vali Erastus Sunday, 24 March 2025, Erica Shafudah was called to the altar at St Michael Church in Shandumbala to be prayed for by the pastor and the congregation on her new appointment Ministry of Finance and…
Calls Grow for Direct Budget Allocation to Constituency Councillors
By: David Shoombe, Uaueza Kanguatjivi As Namibia waits for the next national budget and prepares for its upcoming local authority and regional elections, calls for direct budget allocation to constituency councilors are gaining momentum. Analysts and politicians argue that…
80-year Impact of the World Bank and IMF Questioned
By: Dwight Links Members of Parliaments from around the world were looking at the 80-year impact of these institutions up to now and indicated their annoyance at the approaches that these institutions have used towards assisting development. Namibia’s…
NSS Take Stock on Its Contribution to Research and Information Access
By: David Shoombe In marking its 100th anniversary the Namibia Scientific Society (NSS) said it has made progress in systematic scientific research, ensuring the availability of information and advising administrative bodies. On Friday, the institution marked its 100th anniversary, and…
Bank Windhoek Finances N$600 Million Worth of Homes
By: Staff writer Bank Windhoek financed 427 homes worth about N$600 million in 2024, according to the bank’s Chief Financial Officer and Interim Specialist Finance Executive Officer, Zenaune Kamberipa. The value of financed homes is a 24% increase compared to…
Circulation Concerns Raised Over New N$60 Banknote
By: Uaueza Kanguatjivi Financial analysts have raised concerns over the circulation challenges the new N$60 banknote may pose, following its launch last week. The N$60 Dr. Hage Geingob commemorative bank note was launched to honour the late Head of…
Competition Commission Concerned About Outsourcing Debt Collection
By: Justicia Shipena The Namibia Competition Commission (NaCC) has expressed concern over the practice of local authorities outsourcing debt collection. While the Commission clarified that no competition issues have been identified, it highlighted the negative implications the practice has on…
Strategies to Prevent Default for Individuals
By: Eddie King Preventing financial default is essential for maintaining long-term financial stability. Several strategies, such as budgeting, debt management and maintaining an emergency fund, can help individuals manage their finances effectively. Effective budgeting forms the foundation of good…
Swakop Uranium Workers to Acquire Shares Through Payroll Deduction
By: Nghiinomenwa-vali Erastus NAMITVEST Investment Holdings and Swakop Uranium have entered into a groundbreaking payroll deduction agreement that allows mineworkers to invest in shares, promoting the creation of generational wealth. The agreement, signed last Thursday at Husab Towers…