Namibia Misses 2025 Logistics Hub Target, Master Plan Gets an Overhaul- # ISSUE 34☕
Namibia’s ambition to become southern Africa’s logistics powerhouse by 2025 has hit a speed bump. The country has fallen short of the Fourth National Development Plan (NDP4) target to transform itself into a regional logistics hub, prompting officials to revisit and revise the master plan.
Namibia-UK Trade Triples to N$9 Billion - Issue #33☕
Namibia’s trade with the United Kingdom (UK) has surged from N$3 billion in 2021 to N$9 billion in 2025, driven primarily by exports in agriculture and machinery. Outgoing British High Commissioner Charles Moore highlighted this growth during his farewell visit to State House, where President Netumbo Nandi-Ndaitwah emphasized the need for deeper collaboration on climate change alongside trade and investment.
China Faces Economic Headwinds as Trump’s 104% Tariffs Take Effect - Issue #32☕
China's economy is bracing for significant disruption following the imposition of 104% tariffs on Chinese goods by the United States under President Donald Trump’s trade policy. Despite Beijing's efforts to tariff-proof its economy by boosting domestic consumption and investing in key industries, analysts warn that the country remains critically vulnerable to the economic fallout.
Microsoft Launches AI Cybersecurity Agents to Tackle Evolving Threats -Issue #30☕
Microsoft has unveiled 11 new AI-powered agents for its Security Copilot platform, aiming to automate critical cybersecurity tasks and address the growing complexity of cyber threats. The rollout includes six in-house agents and five developed in collaboration with partners, marking a significant step in leveraging AI for organizational defense.
US Imposes 21% Import Tariff on Namibian Goods - Issue #29☕
The United States has rolled out a 21% tariff on Namibian imports as part of a broad “reciprocal” trade policy unveiled by President Donald Trump on April 2, 2025, during a White House event dubbed “Make America Wealthy Again.” With Namibian goods like uranium and fish now facing higher costs, this move could shake things up for local exporters.
SME Economic Recovery Loan Scheme Disburses N$462 Million - Issue #28☕
The Small and Medium Enterprises (SME) Economic Recovery Loan Scheme has disbursed N$462 million by the end of 2024, representing 92.4% of the N$500 million allocated to support struggling businesses. The initiative, a collaboration between the Bank of Namibia (BoN) and the Ministry of Finance and Public Enterprises, aims to revive Namibia’s SME sector through targeted financial assistance. fgghh
Namibia Slashes Net Borrowing by 43.6% in 2024 - Issue #24☕
The Namibian government has made significant strides in fiscal consolidation, reducing net borrowing to N$4.5 billion in 2024, a remarkable 43.6% decline from N$8 billion in 2023, according to the Namibia Statistics Agency (NSA).