Namibia

World

Fostering Regional Energy Synergy: South Africa and Namibia Forge Strategic Partnerships

Harare - In a landmark ministerial-level meeting, South Africa and Namibia, both esteemed members of the Southern Africa Development Community (SADC), embarked on a collaborative exploration of energy

Aug 21, 2023
World
Namibian Stock Market Outshines African Peers Amid Impressive Rally

Namibian Stock Market Outshines African Peers Amid Impressive Rally The remarkable rise of the Namibian stock market over the past year has demonstrated the resilience and growth potential of the nat

 Aug 07, 2023
World
Should the Bank of Namibia Adopt a Dual Mandate? The Case for Prioritizing Inclusive Growth

Should the Bank of Namibia Adopt a Dual Mandate? The Case for Prioritizing Inclusive Growth Central banks have traditionally prioritized price stability and controlling inflation. However, in recent

 Jul 24, 2023
Markets
Namibia's Great Green Gamble: Hydrogen Fuels Vision 2030 and Beyond

Harare - Namibia aims to leapfrog carbon-intensive industrialization in favor of a low-carbon future driven by green hydrogen. As the global community embraces sustainable energy, Namibia seeks to cap

 Jul 11, 2023
World
New Bill Set to Overhaul Namibia’s Banking System

Harare - The Namibian government has introduced a new Banking Institutions Bill to revamp the country’s banking regulatory framework. The current Banking Institutions Act of 1998 has been deemed outda

 Jul 04, 2023
Companies
Major Offshore Oil Discoveries Position Namibia for Massive FDI Inflows

Major Offshore Oil Discoveries Position Namibia for Massive FDI Inflows Windhoek - The hydrocarbon sector is poised to become the leading driver of foreign direct investment (FDI) inflows into Namibia

 Jun 28, 2023
World
Namibia :Recovery Ignites Economy but Rates Threaten Gains

Windhoek - Namibia’s economy expanded by 5% in the first quarter of 2023 compared to the same period last year, showing signs of recovery after two years of recession brought on by COVID-19. The finan

 Jun 27, 2023
Namibia Bans Lithium Ore Exports, Follows Zimbabwe's Lead

Namibia Bans Lithium Ore Exports, Follows Zimbabwe’s Lead Windhoek, Namibia - The Namibian government recently annonced a ban on the export of raw lithium ore and other critical minerals, saying it w

Jun 26, 2023
Why the Namibia Stock Exchange is Ready to Take Off

Why the Namibia Stock Exchange is Ready to Take Off The Namibia Stock Exchange (NSX) is ready to ascend to new heights after being admitted as a full member of the World Federation of Exchanges (WFE)

Jun 20, 2023
Bank of Namibia raises interest rates to safeguard currency peg, despite impact on consumers

Windhoek - The Bank of Namibia's decision to increase the repo rate by 50 basis points, from 7.25% to 7.75%, with immediate effect, has left many Namibian consumers struggling to survive. The repo rat

Jun 19, 2023