Category: Finance
Borrowing to Survive: The Case of Many in the Mashare Constituency
By: Annakleta Haikera Mashare Constituency Councillor, Peter Kashumali has warned that the growing debt burden is trapping households in a cycle of borrowing, refinancing and taking new loans to settle existing debts. “You go to location A, you take….
Parliamentarians Consult on Law’s Ability to Protect Borrowers
By: Peneyambeko Jonas Concerns over rising household debt, loan deductions and lending practices took centre stage at a public hearing in Oshakati on Monday, 17 August 2026. Parliamentarians examined whether Namibia’s existing laws adequately protect borrowers from…
Savings Industry Key to Namibia’s Economy
By: Peneyambeko Jonas Old Mutual Namibia has been recognised as the Most Trusted Wealth Management and Financial Solutions Provider in Namibia for 2026 by UK-based Global Brands Magazine. The award comes as Namibia’s investment industry continues to manage hundreds of…
Govt to Ditch Foreign Market for N$7.1 billion in Financing
By: Nghiinomenwa-vali Hangala The Ministry of Finance has decided to borrow almost all of its budget shortfall from the domestic market. Of the N$29.2 billion financing requirement, N$27.3 billion will be sourced from the domestic market, according…
Open Access to Global Market Tools Open for Learners
By: Peneyambeko Jonas A new schools-based financial literacy programme has been launched in Windhoek, giving learners access to financial market technology and investment education. The Bloomberg Finance Lab Schools Initiative, launched at the Bloomberg Finance Lab in the High-Tech…
ECOWAS To Launch a Single Currency By 2027
By: Helmut Mahongo The Economic Community of West African States (ECOWAS) has reaffirmed plans to launch a single currency dubbed the ECO by next year. The union announced this after its 69th ECOWAS summit of Heads of State…
Financial Inclusion: An Enabler, Not an Economic Solution
By: David Shoombe The Principal Economist at the Bank of Namibia, Sesilia Nekwaya Okafor, indicated that financial inclusion brings Namibians into the formal financial system, which can enable broader participation in the economy. Commenting on the recently…
Fragmented Systems Cost Africa Around US$100 billion Annually
By: Dwight Links The African Continental Free Trade Area (AfCFTA) has noted that Africa’s fragmented systems are costing the continent billions in intra-trade, investment and convenience. Wamkele Mene, secretary-general for the AfCFTA, said this last week during a partnership…
Namfisa, NovaNam, Oshakati TC and AB Inbev Affirmative Reports Rejected
By: Nghiinomenwa-vali Hangala The Employment Equity Commission (EEC) has disapproved Affirmative Action reports of seven companies and public institutions for not meeting the requirements of the Affirmative Action (Employment) Act. According to the updates released by…
Redeeming Eurobond Saves Govt N$12 bn in Debt Servicing
By: Nghiinomenwa-vali Hangala Bank of Namibia quarterly updates show that debt servicing for the central government increased by N$550 million year-on-year to N$5.0 billion during the first quarter of 2026. The increase was reflected in domestic debt service,…