The Bank of Namibia (BoN) has announced a strategic pivot to include physical gold in its foreign exchange reserves, targeting gold to comprise 3% of its net reserves. The move, revealed in Governor Johannes !Gawaxab’s Monetary Policy Dialogue presentation yesterday, aims to bolster economic resilience amid global uncertainty and alignContinue Reading
By Veruscka Gertze Namibia is already feeling the true cost effects of climate change. It’s no longer theoretical. Unpredictable weather, increasing droughts, and unpredictable seasons are already changing how we farm, build, invest, and make plans for the future. Agriculture, energy, insurance, and infrastructure sectors are especially exposed. In theContinue Reading
Building on the momentum of its inaugural event in 2024, Standard Bank Namibia will host the second annual Anti-Financial Crime Conference on Thursday, 14 August 2025, convening regulators, financial institutions, and global experts to address the rising complexity of financial crime in the digital age. Last year’s conference opened aContinue Reading
In a bold step forward for Namibia’s energy future, the Petroleum Training and Education Fund (PETROFUND) and FirstRand Namibia, encompassing RMB Namibia, FNB Business and FNB Retail officially signed a transformative Memorandum of Understanding (MOU) during the Namibia Oil and Gas Conference on Wednesday in Windhoek. PETROFUND Chief Executive OfficerContinue Reading
The third edition of the Namibia Oil and Gas Conference officially commenced on 12 August 2025, at the Mercure Hotel in Windhoek, under the theme “From Exploration to Action: Positioning Namibia as the Next Energy Frontier.” The conference served as a vital platform for dialogue and collaboration within Namibia’s rapidlyContinue Reading
Namibia has once again punched above her weight and emerged as first in Africa and second overall in the 2025 ranking of the Greenfield FDI Performance Index, fDi Intelligence announced this week. The Greenfield FDI Performance Index measures how effectively a country attracts greenfield Foreign Direct Investment (FDI) projects basedContinue Reading
Angola’s government has annulled a controversial agreement that would have seen Namibia’s state oil company Namcor take key stakes in a trio of deepwater blocks across three of its basins. Part of this ill-fated deal led to the suspension in 2023 of former Namcor managing director Immanuel Mulunga amid corruptionContinue Reading
Namibia has endorsed its bid to join the Nuclear Suppliers Group (NSG), the international body that sets rules for the export of nuclear technology and materials to prevent their use in weapons. The Ministry of International Relations and Trade will spearhead the application process and establish an inter-ministerial committee toContinue Reading
Heirs Energies CEO Osa Igiehon will take centre stage at the Namibia Oil & Gas Conference (NOGC) 2025 to share the blueprint for building world-class African energy companies. The development comes as Namibia’s Orange Basin attracts billions in international investments. Osa will headline the session – “The Making of anContinue Reading
Standard Bank Namibia has participated in the 4th China-Africa Economic and Trade Expo (CAETE), held in June 2025, as part of a broader Standard Bank Group delegation committed to unlocking new export opportunities for African businesses in the Chinese market. Representing Namibia among 48 businesses from 10 African countries, localContinue Reading
