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48 Countries Submit AfCFTA Tariff Concessions
By: Nghiinomenwa-vali Erastus Forty-eight out of the 54 African Union member states have submitted their tariff concession offers under the African Continental Free Trade Area (AfCFTA), according to updates verified by the AfCFTA Secretariat as of May 2025. …
Rising Debt Increases Fiscal Risk for Low-Income Nations
By: Nghilunanye Petrus The World Bank has warned that developing countries — including Namibia — face growing fiscal threats as government borrowing surges and international aid declines. In its latest report, Fiscal Vulnerabilities in Low-Income Countries, the…
Azzurri Outclass Namibia in Windhoek
By: Hee-Dee Walenga Namibia suffered a heavy 73–6 defeat to Italy in a test match at the Hage Geingob Stadium on Friday afternoon. The match marked Namibia’s final warm-up fixture ahead of the upcoming Rugby Africa Cup…
How Updating Retirement Annuity Beneficiaries Protects Your Legacy
By: Shali Ekandjo In the sphere of financial planning, few actions are as straightforward yet significant as routinely updating the beneficiaries of your retirement annuity (RA). This simple step ensures that your hard-earned assets are distributed in line…
Parliament Demands Banks’ Charges Impact Report
By: Nghiinomenwa-vali Erastus The Parliamentary Committee on Economy, Industry, and Public Administration, has asked the Central Bank to conclude the impact assessment of commercial banks fees and charges and share it with the Ministry of Finance. The governor…
Economy Grows by N$4 billion in 1st Quarter
By: Shawn Uiseb and Nghiinomenwa-vali Erastus In the first quarter of 2025, the size of the Namibian economy was estimated at N$62.4 billion in nominal terms, an expansion of N$4.0 billion compared to the N$58.5 billion recorded in…
MP Proposes Kavango Green Scheme Management Changes
By: Annakleta Haikera Rundu Rural Constituency Councillor and Member of Parliament, Paulus Mbangu, has proposed that the management of the Kavango Green Schemes be decentralised and transferred to the Kavango East Regional Council. He said this will…
Tourism Sector Continues to Shine
By: Dwight Links Namibia’s tourism is still shining the light of strong sectoral performance for the month of May 2025, even though the year-on-year comparison indicates more than 5% drop from 2024. A report conducted by the…
Business Banking Masterclass Series Launched
By: Staff Writer To enhance financial literacy and empowerment, Bank Windhoek has announced the launch of its Business Banking Masterclass series. The initiative is a ten-video educational programme designed to equip individuals, Small and Medium Enterprises…
Bycatch Threatens Pilchard Recovery
By: Nghiinomenwa-vali Erastus Regulators in the fishing industry have observed intentional pilchard bycatch affecting the recovery of the stock species. This was revealed in Parliament by the Minister of Agriculture, Land Reforms and Fisheries, Inge Zaamwani, on…