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Choppies emerged as the most affordable retailer in April 2025 - ISSUE #40☕
Choppies emerged as the most affordable retailer in April 2025, offering a standard grocery basket for N$1,020.80, edging out Pick n Pay (N$1,027.80), Metro (N$1,028.80), and Shoprite (N$1,031.80). In the hypermarket segment, Metro Hyper led with the lowest basket price at N$980.80, followed closely by Woermann Brock Hyper (N$989.80).
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Erongo RED and NAMITVEST Partner to Build Generational Wealth for Employees- ISSUE #83☕
Erongo RED has formalized a payroll deduction agreement with NAMITVEST aimed at boosting financial inclusion and long-term prosperity for its workforce. The partnership was sealed at a signing ceremony at Erongo RED’s Head Office in Walvis Bay.
Nasan Energies Set to Acquire 53 Engen and Shell Fuel Stations from Vivo Energy- ISSUE # 81 ☕
Nasan Energies Namibia (Pty) Ltd has announced a landmark deal to acquire 53 fuel service stations branded Engen and Shell from Vivo Energy Namibia, pending approval from the Namibian Competition Commission
The Namibian Agronomic Board (NAB) held the prestigious National Agronomy and Horticulture Awards (NAHA) 2025 at the Zambezi Waterfront in Katima Mulilo-ISSUE # 80☕
The Namibian Agronomic Board (NAB) held the prestigious National Agronomy and Horticulture Awards (NAHA) 2025 at the Zambezi Waterfront in Katima Mulilo. This year’s theme, “Unlocking the Potential of the Crop Sector through Agro-processing Innovation,” brought together key stakeholders to celebrate excellence and emphasize agro-processing as vital to transforming Namibia’s crop industry.
Namibia’s Green Industrial Zone Proposal Shortlisted for €25 Million Funding - ISSUE #78☕
Namibia’s Environmental Investment Fund (EIF) has achieved a major milestone with its green industrial zone project shortlisted for €25 million (approximately N$625 million) in funding under the global Mitigation Action Facility (MAF).
Namibia Risks Losing Investment Momentum as NIPDB Faces Downgrade- ISSUE #77☕
The government is on the brink of a strategic misstep that could cost Namibia vital investment, economic growth, and jobs. Recent reports reveal plans to downgrade the Namibia Investment Promotion and Development Board (NIPDB), moving it from reporting directly to the president to becoming a department within the newly restructured Ministry of International Relations and Trade.
GIPF Pension-Backed Home Loan Scheme to Launch in January, Offering Affordable Housing Financing- ISSUE #76☕
Namibia’s Government Institutions Pension Fund (GIPF) will roll out its Pension-Backed Home Loan Scheme (PBHLS) starting January 2026. The initiative allows active pension fund members to use up to one-third of their pension savings to buy, build, or improve homes
NCCI Pushes for Inclusive Representation of Businesses in Namibia’s Economic Policies-ISSUE #75☕
The Namibia Chamber of Commerce and Industry (NCCI) is intensifying efforts to ensure that the voices of businesses—from large corporations to micro, small, and medium enterprises (MSMEs)—are effectively heard and represented in national economic discussions.
OpenAI Explores Building 1-Gigawatt Data Center in India Amid Market Expansion-ISSUE #74 ☕
OpenAI, the parent company of ChatGPT, is reportedly seeking local partners to establish a major data center in India with at least 1 gigawatt of capacity, according to Bloomberg News citing anonymous sources.
Namibia and Botswana Explore Joint Oil Refinery Project Amid Feasibility Studies-ISSUE # 73☕
Namibia and Botswana are conducting feasibility studies for a proposed regional oil refinery, with Walvis Bay in Namibia and Ghanzi in Botswana emerging as potential sites. Although preliminary cost estimates suggest a price tag near $4 billion, no official budget has been confirmed pending the study outcomes, according to Carlo McLeod, deputy head of the upstream unit.
Trump’s Doubling of Tariffs on Indian Imports Takes Effect, Escalating Trade Tensions-ISSUE#70☕
The United States has implemented a significant increase in tariffs on imports from India, doubling duties to as much as 50% starting August 27, 2025. This hike includes a new punitive 25% tariff aimed at India’s continued purchase of Russian oil, adding to a pre-existing 25% tariff on key Indian exports.