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Slow Growth of Capricorn’s Loan Book Sparks Concerns Over Future Earnings

28 February 2025

  By: Staff writer   The Capricorn Group’s slow growth of its loan book is raising doubts about its ability to maintain strong earnings, as rising costs and potential margin pressures add to the challenges. The Group’s gross loans and advances increased by N$1.18 billion since 30 June 2024, reaching N$51.8 billion. This growth was […]

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Non-Performing Loans Threaten Banks’ Stability

21 February 2025

  By: Justicia Shipena   Economists are warning that the growing volume of non-performing loans (NPLs) in Namibia could destabilise the financial sector and jeopardise banks’ balance sheets. An increasing number of Namibians are defaulting on loans due to affordability challenges, with experts attributing the trend to prolonged economic difficulties spanning nearly a decade. By […]

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Windhoek Beer Returns to Kenyan Markets

19 February 2025

      By: Dolly Menas The Namibia Breweries Limited (NBL) will once again expand into the Kenyan market, in a move aimed at broadening its market reach and growing its products on international markets. This marks the third attempt NBL has established the presence of its brand in the Kenyan market after making its […]

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Nam Urged to Extend Visa-Exemption To Entrepreneurs

17 February 2025

  By: Dolly Menas, David Shoombe Local business analysts have urged the recently announced agreement for mutual visa exemption between Namibia and China to expand beyond diplomats. Currently, the agreement is only for diplomatic passport holders and service officials between the two countries. The move has been welcomed, considering the Asian country remains Namibia’s largest […]

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Entrepreneurs Call for Female Financial Inclusivity 

15 February 2025

  By: Uaueza Kanguatjivi   Female entrepreneurs are calling for systemic transformation to ensure that women and marginalised groups gain greater access to economic opportunities. Despite 79.8% of eligible women now being financially included, surpassing the 76.1% of men, investment opportunities remain largely untapped, particularly for women entrepreneurs. Business mentor Twapewa Kadhikwa emphasised the importance […]

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Value Addition: Turning Mushrooms into Biscuits, Tea, and Soup

12 February 2025

  By: Mathias Hangala   Value addition has been at the forefront of discussions surrounding policy and economic growth in recent years. Abner Tomas, who hails from Oniipa in the Oshikoto region, transformed his passion for farming and mushrooms into a niche business by producing biscuits, tea, and soup through his enterprise, Ndaka Mushrooms (NM). […]

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Namibia Courts Nigeria Over Oil & Gas Collaboration

8 February 2025

  By: David Shoombe   Namibia is seeking to collaborate with Nigeria in its oil and gas sector, exploring potential partnerships in exploration, production, and refining. This was revealed by the chairperson of the Nigerian delegation during the fifth session of the Namibia-Nigeria Joint Permanent Commission of Cooperation held this week. The meeting aims to […]

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NAB Restricts Importation of Six Crops Starting February

30 January 2025

  By: Loise Shiimi   The Namibian Agronomic Board (NAB) has announced that only six horticultural products on the 20-crop special list will be restricted from importation for February 2025. This marks a significant decrease from December 2024, when 15 crops were closed for importation, leaving just five open for trade. In a notice issued […]

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Namibia Seeks Partners for Lamb Exports to China

27 January 2025

By: Justicia Shipena   Minister of Agriculture, Water and Land Calle says Namibia is looking for partners to facilitate the export of lamb to China. While Namibia has successfully exported beef to the Chinese market, the export of lamb is still in progress. In August 2024, the country announced plans to sign a protocol with […]

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Red Line Removal Could Dent EU Markets – Warns Govt Lawyer … Amupanda pushes for market diversification

25 January 2025

  By: Uaueza Kanguatjivi, Justicia Shipena and David Shoombe   Advocate Raymond Heathcote, the lawyer representing the Ministry of Agriculture, Water and land reform in the ongoing case on the removal of the Veterinary Cordon Fence (Redline) has warned that Namibia could lose access to the European markets for meat exports should the redline be […]

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