Namibia’s post-pandemic economic resurgence, fuelled by a record influx of foreign direct investment (FDI), is shadowed by a stark reality: the country is losing billions in repatriated profits as multinational firms channel earnings abroad. According to the 2025 Namibia Foreign Direct Investment Report, dividend and interest payments to foreign investorsContinue Reading
PPS Insurance Namibia, a leader in tailored financial solutions for graduate professionals, has reaffirmed its commitment to mutuality by allocating a staggering N$1.5 billion to its Namibian members over the past decade. The milestone underscores the company’s unique model, which prioritizes returning value directly to policyholders. In 2024 alone, PPSContinue Reading
Windhoek’s Central Business District (CBD), described as the “very heart” of the capital, is set for a major transformation under a new revitalization strategy outlined by City of Windhoek Mayor, Councillor Ndeshihafela Larandja. During a high-stakes engagement with CBD property owners and stakeholders on Tuesday, the Mayor emphasized the economicContinue Reading
As Namibia navigates a shifting economic landscape, recent data reveals that inflationary pressures stem not from broad-based price surges but from targeted sectors grappling with supply constraints, energy volatility, and regulatory shifts. While the annual inflation rate eased to 3.6% in April 2025, down from 4.8% the previous year, underlyingContinue Reading
An avid supporter of Namibia’s creative economy, RMB Namibia has announced its sponsorship of two Namibian artists—Jo Rogge and Lynette Musikubili—who will showcase their work at the RMB Latitudes Art Fair in Johannesburg this month. The sponsorship was handed over to The Project Room at an event in Windhoek. SpeakingContinue Reading
The Namibian Agronomic Board (NAB), in collaboration with key industry players, hosted a high-level Citrus Stakeholder Engagement in Tsumeb aimed at unlocking the potential of Namibia’s citrus industry and reinforcing efforts to develop a resilient and competitive crop value chain. The engagement convened representatives from the Local Nurseries Association, CitrusContinue Reading
Connected Minerals is preparing to begin drilling at its Swakopmund Project after completing a maiden reverse circulation drilling program at Etango North-East Project in Namibia. The company plans to investigate targets at the Swakopmund Project identified in a recent horizontal-loop electromagnetic survey. Geophysics results in the survey confirmed potential paleochannelsContinue Reading
Rhino Resources and Halliburton has announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia. Halliburton’s collaborative approach and integrated services were instrumental in Rhino’s success as the block’s operator. These exploration wells are the first to be completed entirely from in-countryContinue Reading
Stamper Oil & Gas Corp. has announced a definitive agreement to acquire BISP Exploration Inc., a move that will establish a new offshore Namibian-focused oil and gas exploration company. This acquisition will give Stamper exposure to five blocks across three major exploration basins in Namibia, including the prolific Orange basin.Continue Reading
FNB Namibia through the FirstRand Namibia Foundation has supported Dagbreek Special Needs School with a donation of N$130,000 towards the establishment of an Urban Farm & Skills Training Facility greenhouse. This initiative is designed to empower intellectually impaired learners by equipping them with essential horticultural and vocational skills that fosterContinue Reading
