Author: Staff Writer
Bank of Namibia to Drive Digital Finance and Economic Growth by 2027
By: Staff Writer The Bank of Namibia has introduced its 2025-2027 Strategic Plan, aiming to spearhead digital transformation, financial inclusion, and economic diversification to modernise the nation’s financial system. This ambitious strategy seeks to establish Namibia as a…
Africa Can Benefit From Artificial Intelligence, But Must First Develop Infrastructure
By: Staff writer Africa could reap the benefits of the fourth industrial revolution, particularly artificial intelligence (AI), but only with the right infrastructure in place. The continent currently has one of the widest digital divides. Speaking on the last…
Banking Sector Liquidity Rises to N$6.7 Billion
By: Staff writer The overall liquidity level for the banking sector in Namibia grew by N$800 million in two months after averaging N$6.7 billion in October 2024 from the N$5.9 billion recorded in September 2024. The Bank of…
BoN Enhances Tools to Monitor Non-Performing Loans
By: Staff Writer The Bank of Namibia (BoN) has introduced advanced supervisory measures to strengthen the stability and resilience of the banking sector. Guided by the Basel Core Principles, the updated Early Warning System (EWS) and Prompt Corrective…
TotalEnergies Crowns 2024 Startupper of the Year Winners
By: Staff writer TotalEnergies awarded the Namibian winners of the Start-upper of the Year Challenge at the Mercure Hotel in Windhoek on Wednesday evening. Young and striving entrepreneurs from 32 African countries could participate in the challenge’s fourth edition….
Blue Earth Capital N$198 Million Investment To Fuel Rhino Park Expansion Plans
By: Staff writer Global specialist investor Blue Earth Capital has committed N$198 million ($11 million) in private credit to Rhino Park Holdings, a specialist in maternity and neonatal healthcare. The funding will work to catalyse Rhino Park’s ambitious expansion…
Care For the Elderly, the Measure of a Nation, Says PM
By: Staff writer Prime Minister Saara Kuugongelwa-Amadhila says that a nation’s civilisation is not measured by the level of its economic advancement, but by the way it cares for its vulnerable. In this regard, she said government has adopted…
Trustco Group Holdings Seeks U.S. Stock Listing
By: Staff Writer Trustco Group Holdings Limited has announced its intention to become the first Namibian company to be listed on the Nasdaq Stock Market. Currently trading on the Namibian Stock Exchange (NSX) and the Johannesburg Stock Exchange…
Kelp Blue Plans to Issue Africa’s First Corporate Blue Bond
Bloomberg Kelp Blue plans to issue Africa’s first corporate blue bond next year to expand its giant kelp forests along Namibia’s coast. The De Beers-backed startup will list the first $20-million tranche of a four-year programme, in which it seeks…
Namibia Grape Company Generates 2,000 Jobs … pens 2045 Capespan contract renewal
By: Staff writer The National Youth Service-owned Namibia Grape Company (NGC) has generated nearly 2,000 seasonal and full-time jobs. This is according to Youth, and National Service Minister Agnes Tjongarero, who applauded the project’s role in job creation and…