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- NCCI Pushes for Inclusive Representation of Businesses in Namibia’s Economic Policies-ISSUE #75☕
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.

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REVOLOX MEDIA | TODAY’S ISSUE
Welcome to Revolox Media — where financial foresight, policy debates, and global tech shifts meet.
Here’s what’s shaping today’s headlines:
Why Namibia’s young professionals must prioritize retirement planning now — the earlier the start, the stronger the future.
NCCI pushes for more inclusive representation, calling for Namibia’s business policies to reflect the voices of both large and small enterprises.
A Winklevoss-backed Bitcoin treasury firm sets its sights on Amsterdam, planning to go public through a reverse merger in a move that underscores crypto’s financial evolution.
The U.S. tightens chip export rules, revoking fast-track status for TSMC’s China plant after similar restrictions on South Korean chipmakers, escalating the semiconductor standoff.
From smart money moves to policy inclusivity and tech power plays, this edition connects Namibia’s priorities to the global stage.
MARKET CORNER
NSX Index Overview
Index
Index | Price | % Change | YoY % Change | YTD % Change |
---|---|---|---|---|
NSX Overall | 1,786.53 | +1.03% | 1.46% | -0.81% |
NSX Local | 753.92 | +0.05% | 10.83% | 9.06% |
TOP MOVERS: NSX Local Stocks
Stock | Price (N$) | % Change | YoY % Change | YTD % Change | Volume (Shares Traded) |
---|---|---|---|---|---|
Letshego Holdings Namibia Ltd | 6.62 | +0.30% | 44.86% | 32.40% | 0 (32,369 on July 14) |
Capricorn Group Ltd | 22.04 | +0.09% | 13.26% | 7.09% | 0 |
Standard Bank Namibia | 11.12 | +0.09% | 26.22% | 22.47% | 0 (1,900 on July 14) |
Nictus Holdings | 2.90 | 0.00% | 30.63% | 16.00% | 0 |
FirstRand Namibia | 51.55 | 0.00% | 10.98% | 10.86% | 0 (21,660 on July 23) |
ECONOMIC PULSE
Indicator | Value | Percentage % | Change (YoY) |
---|---|---|---|
Real GDP (Dec 24) | 157,476.47M | 3.71% | 3.71% |
Nominal GDP (Dec 24) | 245,097.32M | 7.08% | 7.08% |
Inflation (Jun 25) | 3.66% | 5.79% | -21.12% |
Private Sector Credit Extension (May 25) | 119,330.60M | 0.54% | -2.25% |
Namibian Repo Rate (Jun 25) | 6.75% | 0.00% | -12.90% |
FOREIGN EXCHANGE RATES
Currency Pair | Value | Percentage % | Change (YoY) |
---|---|---|---|
USD/NAD | 17.59 | -0.94% | -3.65% |
GBP/NAD | 23.74 | -0.45% | 1.87% |
EUR/NAD | 20.53 | -0.37% | 2.93% |
BTC/NAD | 2,109,239.15 | +1.52% | 69.80% |
Disclaimer: The financial data and market information provided in the tables below, including stock prices, indices, exchange rates, economic indicators, and other metrics, are sourced from user-provided data and are accurate as of 3 September2025 based on the latest input. This information is for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Market data is subject to change, and past performance is not indicative of future results. Users should verify data independently and consult with a qualified financial advisor before making investment decisions. Revolox will not be responsible for any errors, omissions, or losses arising from the use of this information.
BUSINESS & ECONOMY

Image credit: The Namibian
Why Namibia’s Young Professionals Must Prioritize Retirement Planning Now
For many young Namibian professionals, retirement feels like a distant goal—something to consider later when life slows down or incomes stabilize. However, retirement planning demands early action, discipline, and foresight, rather than waiting for convenience.
Namibia’s emerging middle class—ambitious, educated, and digitally connected—is often the first generation in their families to achieve salaried financial independence. Yet, despite these strengths, many remain underprepared for long-term financial security.
Barriers to Saving for the Future
Economic and cultural factors contribute to this gap. Many young professionals support extended families, face rising living costs, manage student debt, and encounter social pressures to maintain certain lifestyles. As a result, retirement savings frequently fall down the priority list.
But delaying savings—even by a few years—comes at a steep cost. Starting to save N$500 monthly at age 25 could grow to over N$1.5 million by retirement, assuming moderate returns. Waiting until 35 cuts that amount to less than half, impacting the ability to retire comfortably.
Shifting the Retirement Conversation
The narrative for Millennials and Gen Z in Namibia needs to change—from fear or guilt to one of empowerment. Retirement planning is about securing freedom, flexibility, healthcare, and dignity in later life. Unfortunately, traditional retirement messaging often feels outdated or complicated for today’s professionals.
Momentum’s Approach to Empowering Young Savers
At Momentum, we simplify retirement options to speak directly to young professionals’ realities. We encourage starting small and growing savings over time. We also support employers in embedding financial wellness into the workplace, helping make retirement a clear and attainable goal rather than an abstract idea.
Your Future Starts Today
It’s never too early or too late to begin. Whether you’re a 24-year-old intern or a 33-year-old entrepreneur, consistent small steps build a stronger financial future. You don’t have to choose between living well now and securing your future—you can do both with the right guidance and tools.
Start today. Your future self will thank you.
Source: The Namibian

Image credit: The Namibian
NCCI Pushes for Inclusive Representation of Businesses in Namibia’s Economic Policies
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.
NCCI Chief Executive Titus Nampala told the National Assembly’s standing committee on economy and industry that the chamber aims to amplify the interests of all Namibian businesses and ensure that policy frameworks reflect real-world challenges.
“We are here to give a platform to every Namibian business, big or small, and to ensure policies align with the realities on the ground,” Nampala said.
Collaboration and Shared Responsibility for Economic Transformation
Highlighting the need for stronger collaboration between government, business, and civil society, Nampala said this partnership is essential to accelerate Namibia’s economic transformation and build a more inclusive and resilient economy.
“Our mission is to enhance brand credibility and deepen trust across sectors. The chamber should be a catalyst—not just a convener—for inclusive economic progress,” he added.
Aligning Policies with Competitiveness and Local Needs
Nampala stressed the importance of aligning Namibia’s economic policies to balance international competitiveness with local development priorities, especially in sectors such as mining, agriculture, finance, tourism, and manufacturing.
“Namibia must become a destination where international investors find opportunities and local entrepreneurs thrive,” he said.
Boosting Public-Private Partnerships for Infrastructure and Jobs
The chamber called for increased support of Namibia’s public-private partnership (PPP) policy, describing it as pivotal for infrastructure development and job creation.
“Strengthening PPPs is not just about building infrastructure; it’s about forging a resilient and inclusive economy,” Nampala noted. He emphasized co-investment between government and private sector could accelerate key projects in roads, power, water, and telecommunications, while sharing risks and promoting innovation.
Empowering MSMEs as Drivers of Inclusive Growth
Acknowledging MSMEs as critical to national development, Nampala urged for targeted reforms, support schemes, and grassroots engagement to foster a fairer business environment.
“No Namibian should be left behind. SMEs are the heartbeat of inclusive growth. Together, we must create solutions that generate sustainable jobs and unlock opportunities at every level,” he said.
Commitment to National Development Goals
The NCCI pledged to align its advocacy and policy efforts with Namibia’s National Development Plan, aiming to nurture an environment conducive to growth and competitiveness.
Source: The Namibian

Image credit: Reuters
Winklevoss-Backed Bitcoin Treasury Firm Treasury to List in Amsterdam via Reverse Merger
Netherlands-based bitcoin treasury company Treasury, supported by U.S. billionaire Winklevoss twins, announced plans to list on the Amsterdam exchange through a reverse listing with Dutch investment firm MKB Nedsense (MKBN).
Treasury has raised €126 million ($147 million) in a private funding round led by Winklevoss Capital and Nakamoto Holdings. The company aims to attract bitcoin investors in Europe, where investment options are still limited.
Bitcoin Treasury Model and Market Context
Bitcoin treasury firms differ from general crypto companies by holding bitcoin as their main asset rather than cash or multiple cryptocurrencies. These firms focus on accumulating and safeguarding bitcoin for the long term.
Bitcoin prices have surged this year, reaching all-time highs above $120,000, driven by growing institutional interest and inflows into bitcoin exchange-traded funds (ETFs). While Europe has seen several crypto exchange-traded products (ETPs) launch, adoption trails behind that of spot bitcoin ETFs in the U.S.
Transaction Details and Outlook
Treasury has already accumulated more than 1,000 bitcoins. The reverse listing deal values MKB Nedsense at a 72% premium over its July 11 closing price of €0.07 per share, targeting a consolidated share price of €2.10.
After shareholder approval at an upcoming extraordinary meeting, MKB Nedsense will be renamed Treasury N.V. and is expected to trade under the ticker "TRSR".
Sector Developments and Winklevoss Twins’ Role
This move follows Dutch crypto firm Amdax’s recent announcement to launch its own bitcoin treasury company, AMBTS, on Euronext Amsterdam. The Winklevoss twins, Cameron and Tyler, are notable bitcoin advocates and founders of the Gemini crypto exchange, playing a key role in legitimizing cryptocurrency investment among institutional players.
Source: Reuters
TECH

Image credit: Reuters
US Revokes Fast-Track Export Status for TSMC’s China Plant, Following South Korean Chipmakers
The United States government has revoked Taiwan Semiconductor Manufacturing Company’s (TSMC) fast-track status for U.S. chip manufacturing equipment exports to its primary plant in Nanjing, China. This decision comes shortly after similar export privileges were withdrawn from South Korean rivals SK Hynix and Samsung Electronics.
Impact on TSMC and Market Context
TSMC’s Nanjing facility, which produces mature 16-nanometre and other less advanced chips, will now require U.S. export licenses for equipment shipments after December 31, ending its validated end user status. The plant accounts for approximately 2.4% of TSMC’s total revenue, according to last year’s annual report.
TSMC stated it is actively evaluating the implications and maintaining communication with U.S. authorities to ensure uninterrupted operations at the Nanjing site. Taiwan’s Ministry of Economic Affairs echoed this commitment, pledging close coordination with U.S. officials and TSMC.
US Export Controls and Industry Response
The export restriction rollback aligns with the Trump administration’s aim to limit China’s access to advanced American technology—a measure that revisits what was perceived as overly lenient export controls under the previous U.S. administration.
While shares of SK Hynix and Samsung declined following the loss of export exemptions due to their more extensive China operations, TSMC's stock remained relatively stable.
U.S. equipment manufacturers such as KLA, Lam Research, and Applied Materials may see reduced sales in China as new license requirements take effect.
Chinese Equipment Makers Gain Potential Edge
Industry analysts suggest that Chinese semiconductor equipment makers like Naura and AMEC stand to benefit, facing less competition from U.S. suppliers restricted by export curbs.
Source: Reuters
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