Category: Finance
Will Millennials in Namibia Retire Comfortably?
By: Elanie Rossouw As Namibia’s millennial generation approaches their mid-career, the question of financial readiness for retirement is becoming a concern. Against a backdrop of rising living costs, high unemployment, and limited access to formal pension vehicles, this cohort…
Understanding the legal consequences of default
Understanding the legal consequences of financial default is essential for anyone managing personal or business-related debt. Default occurs when a debtor fails to meet the legal obligations of a loan, typically by not making the required payments. This failure can…
NamRA Beats Revenue Target for 2024/25
By: Justicia Shipena The Namibia Revenue Agency (NamRA) has surpassed its revenue target for the financial year FY2024/5, collecting a net total of N$88.6 billion to beat the target of N$85.3 billion. According to the agency’s report, their gross revenue…
Special Economic Zones Framework in Final Stages
By: Justicia Shipena The Namibian government says it moving forward with the finalisation of its Special Economic Zones (SEZ) regime. This was announced by the Finance and Social Grants Minister, Ericah Shafudah, during her recent tabling of the 2025/2026…
Govt Races Against Time to Secure N$3bn for Eurobond Redemption
By: Justicia Shipena The Namibian government still needs to secure approximately N$3 billion (US$162 million) in six months to meet its redemption obligations for the Eurobond. The US$750 (approximately N$14.3 billion) million Eurobond, is due for…
H.E.R. Banking Initiative Aims to Break Financial Barriers
By: Justicia Shipena FNB Namibia’s new initiative will see women-led businesses gain access to tailored financial solutions designed to address their unique challenges. The bank on Thursday launched H.E.R. Banking—short for Helping Everywoman Rise—as part of its ongoing commitment to…
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…