Businesses Grow Cautious as Corporate Credit Slows in Namibia- ISSUE #51☕
Namibian businesses are treading carefully in the face of shifting financial conditions, with the latest data showing a slight slowdown in corporate credit growth. According to Simonis Storm Securities, total corporate credit edged down by N$7 million to N$49.5 billion in April, a modest dip that signals a more selective approach to borrowing.
Namibia Cancels Oil and Gas Contracts with the United States, Reclaims Control Over Natural Resources-ISSUE#49☕
In a bold and strategic move to reinforce national sovereignty, the Namibian government has officially cancelled its oil and gas contracts with the United States, effective immediately.
Namibia Must Stand United in Pursuit of Reparatory Justice, Says President Nandi-Ndaitwah- ISSUE #48☕
As Namibia continues its critical negotiations with Germany over reparations for the genocide, President Netumbo Nandi-Ndaitwah has called for national unity to strengthen the country’s position
Namibia Pushes for Private Sector Climate Finance as Global Commitments Fall Short - ISSUE #47☕
As climate change intensifies, Namibia is stepping up efforts to mobilise private sector investment in climate action, with the Ministry of Finance at the forefront of developing a new framework to accelerate funding for mitigation and adaptation projects.
Namibia to Introduce 10% Dividend Tax for Local Shareholders, Corporate Tax Cut to 28%- ISSUE #45☕
Namibia’s tax landscape is set for a significant shake-up. Starting next year, Namibian shareholders will be subject to a 10% dividend tax—a move that marks a departure from the current regime, where only non-resident shareholders pay tax on dividends.
Namibia’s Chinese Investment Inflows Take a Hit, But FDI Outlook Remains Positive-☕ # ISSUE 45
Namibia’s foreign direct investment (FDI) landscape has seen a notable shift, with investment inflows from China declining by N$5.9 billion. According to a recent report by the Bank of Namibia (BoN) and the Namibia Investment Promotion and Development Board (NIPDB), Chinese FDI currently stands at N$4.1 billion, down from N$10 billion recorded before 2024.
Windhoek Records Lowest Inflation Rate in Namibia for April 2025-☕ # ISSUE 44
Windhoek, the capital city in the Khomas region, recorded the lowest inflation rate in Namibia for April 2025, standing at 3.2%, according to the latest Consumer Price Index (CPI) report released by the Namibia Statistics Agency (NSA) this week.
Namibia’s First Salmon Farm Nets N$41 Million, Sets Sights on Global Market - ISSUE #43☕
Namibia’s aquaculture ambitions are making waves: the African Aquaculture Company (AAC) has secured N$41 million in investment for the first phase of the country’s inaugural salmon farm off the coast of Lüderitz.
N$17 Million CBD Streetlight Upgrade to Boost Safety and Urban Appeal - ISSUE #42☕
The Municipal Council of Windhoek has approved a N$17 million investment to upgrade street lighting in the Central Business District (CBD), aiming to revitalise the urban core and improve public safety. The project is part of the City’s push toward becoming a smart and caring capital by 2027.