The Namibian Agronomic Board (NAB) held the prestigious National Agronomy and Horticulture Awards (NAHA) 2025 at the Zambezi Waterfront in Katima Mulilo-ISSUE # 80☕

Welcome to today’s edition of Revolox Media – your source for the latest in Namibia’s economy, innovation, and development.

The Namibian Agronomic Board celebrated excellence at the 2025 National Agronomy and Horticulture Awards (NAHA), held at the scenic Zambezi Waterfront in Katima Mulilo, highlighting the sector’s vital role in food security and growth. In the financial sphere, FNB Namibia has been named both Best Retail Bank and Most Innovative Banking Solutions Provider 2025, cementing its leadership in the industry.

Meanwhile, Horizon Acquisition is spearheading the revival of the Kombat Mine, a development set to boost jobs and investment in Namibia’s mining sector. On the tech front, MTC has launched e-SIM technology, ushering the country into a new era of digital connectivity and convenience.

Stay informed, stay ahead — with Revolox Media. 🚀

MARKET CORNER

Index

Top Movers: NSX Local Stocks

Economic Pulse

Foreign Exchange Rates

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 24 September 2025 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

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.

Key Highlights:

• Focus on Agro-Processing Innovation:

  • Agro-processing is viewed as essential for food security, economic diversification, and job creation.

  • Under the National Development Plan 6 (NDP6), goals include:

    • Increasing crop sector GDP contribution from 7.5% to 10% by 2030.

    • Reducing post-harvest losses from 24% to 15%.

    • Expanding agro-processed product value from N$1.5 billion to N$5 billion in five years.

• Zambezi Region as a Crop Hub:

  • Governor Dorothy Kabula highlighted the region's production strength:

    • Pearl millet and dryland maize production between 3,000 and 7,000 tons annually.

    • Expansion potential in tropical fruits like mango, avocado, banana, and pineapple.

• NAB’s Strategic Investment:

  • N$250 million committed over five years to reduce post-harvest losses, improve market access, and enhance food security.

  • Namibia currently produces N$4 billion in processed crop products but imports over N$5 billion in processed foods, indicating an opportunity for import substitution.

• Call to Action from NAB CEO:

  • Dr. Fidelis N. Mwazi emphasized the N$6.4 billion agro-processing opportunity through local production and innovation.

  • Namibia faces a raw material grain shortage of 419,502 tons annually—worth N$2.4 billion—currently met by imports.

  • Highlighted products with growth potential include maize meal, wheat flour, pasta, noodles, bread, and pearl millet flour.

  • Fruit and vegetable processing remains an untapped area for local value addition.

• Award Winners Spotlight:

  • The 2025 NAHA honoured producers, processors, traders, exporters, service providers, and school gardens from diverse zones.

  • Notable winners include:

    • Outstanding Pearl Millet Producer: Saltiel Iipinge (North Central).

    • Outstanding White Maize Producer: B2Gold Namibia (Karst).

    • Outstanding Horticulture Producer: Derust Farm – Kalahari Holdings (Karst).

    • Other categories recognized youth producers, innovators, small-scale producers, and service providers across regions.

About the Namibian Agronomic Board:

Established under the Agronomic Industry Act (1992), NAB regulates and promotes controlled agronomic crops. It champions sustainable farming, market access, and food security nationally.

The Bottom Line:

The 2025 National Agronomy and Horticulture Awards underscored agro-processing innovation as a crucial lever for Namibia’s crop sector growth. Strategic investments, regional strengths, and a focus on local value addition position Namibia to reduce imports, boost food security, and create meaningful economic opportunities through agro-processing transformation.

Source: BusinessExpress

FNB Namibia Named Best Retail Bank and Most Innovative Banking Solutions Provider 2025

FNB Namibia has once again solidified its leadership in the financial sector by clinching two prestigious titles at the World Business Outlook Awards: Best Retail Bank Namibia 2025 and Most Innovative Banking Solutions Provider Namibia 2025.

Highlights:

• Retail Banking Excellence:

  • The Best Retail Bank award recognises FNB Namibia’s consistent delivery of accessible, reliable, and trusted banking services to individuals and businesses across Namibia.

• Innovation Leadership:

  • The accolade for Most Innovative Banking Solutions highlights the bank’s ongoing investments in digital transformation and cutting-edge financial technologies.

• Customer-Centric Digital Offerings:

  • Award-winning FNB App enhances user experience and convenience.

  • CashPlus agency banking extends essential transactions through trusted retail partners nationwide.

  • eWallet broadens financial services access, especially in areas without traditional branches.

  • Recently launched Free Swipes campaign offers zero card swipe fees, reinforcing affordability.

• Nationwide Reach:

  • Strong physical presence combined with robust digital platforms enables FNB Namibia to set benchmarks in service delivery, convenience, and value.

• Leadership Voice:

  • Conrad Dempsey, FirstRand Namibia Group CEO, remarked on the significance of receiving global recognition, reflecting the bank’s commitment to balancing retail excellence with technological innovation.

  • Participation in the Alliance for Financial Inclusion Summit reinforced FNB’s role in advancing inclusive finance locally and globally.

The Bottom Line:

FNB Namibia’s dual accolades demonstrate the bank’s success in redefining banking in Namibia through a seamless blend of trusted retail services and breakthrough innovation. Its commitment to accessibility, affordability, and cutting-edge technology positions it well to continue shaping Namibia’s financial future while empowering inclusive growth across the country.FNB Namibia Named Best Retail Bank and Most Innovative Banking Solutions Provider 2025

FNB Namibia has reaffirmed its leadership in the financial sector by winning two prestigious titles at the World Business Outlook Awards: Best Retail Bank Namibia 2025 and Most Innovative Banking Solutions Provider Namibia 2025.

Highlights:

• Retail Banking Excellence:

  • Recognised for delivering accessible, reliable, and trusted banking services nationwide to individuals and businesses.

• Innovation in Digital Banking:

  • Award-winning offerings include the FNB App, CashPlus agency banking, and eWallet, extending services even to underserved locations.

  • The new Free Swipes campaign eliminates fees on card swipes, enhancing affordability for customers.

• Strong National Presence:

  • Combines extensive physical footprint with robust digital platforms to set benchmarks in convenience and value.

• Leadership Perspective:

  • CEO Conrad Dempsey highlighted the interconnectedness of retail excellence and innovation as engines of growth.

  • FNB’s active role in the Alliance for Financial Inclusion Summit underscores its commitment to inclusive finance.

The Bottom Line:

FNB Namibia’s dual awards recognise its holistic approach to banking—balancing customer-centric retail services with pioneering digital innovation—ensuring it remains a key driver of Namibia’s inclusive financial landscape into the future.

Source: BusinessExpress

MINING & ENERGY

Horizon Acquisition Paves Way for Revival of Namibia’s Kombat Mine, Boosting Jobs and Investment

Horizon Corporation has received approval from the Namibian Competition Commission to acquire an 80% stake in the historic Kombat Mine from Canadian firm Trigon Metals. This marks a major step toward reopening the mine and revitalizing the regional economy.

Key Highlights:

• Acquisition Details:

  • Horizon to acquire 80% stake; Namibian investor Knowledge Katti holds 10% via Havanna Investments.

  • State-owned Epangelo Mining owns remaining 10%.

  • Final approval pending from the TSX Venture Exchange before completion.

• Kombat Mine Background:

  • Located in Otjozondjupa Region, historically significant copper producer in Namibia.

  • Operations suspended earlier in 2025 due to equipment failures affecting dewatering.

  • Horizon plans to invest nearly N$1 billion to restart mining activities by 2026.

• Local and Regional Impact:

  • Revival expected to create hundreds of jobs.

  • New opportunities anticipated for local suppliers and contractors.

  • Focus on youth employment and community development initiatives.

  • Kombat’s restart seen as a model for balancing strong financial returns with social benefits.

• Industry Endorsement:

  • African Energy Chamber (AEC) praises deal as an exemplar of combining investment with local empowerment.

  • AEC urges other energy and resource companies to follow similar local content strategies.

• Technical Challenges Ahead:

  • Historic flooding issues due to water management and complex geology.

  • Stabilizing dewatering infrastructure will be Horizon’s initial major challenge.

• Economic Outlook:

  • Kombat holds underground reserves exceeding 4 million tonnes at ~2.5% copper grade, plus oxide and sulphide surface resources.

  • Restart expected to spur growth in Namibia’s resource sector and related industries, supporting broader industrialization.

The Bottom Line:

Horizon’s acquisition of Kombat Mine opens a new chapter for one of Namibia’s iconic copper assets, promising robust economic revival through job creation, local empowerment, and industrial growth. Successfully overcoming technical hurdles will be critical, but the transaction sets a benchmark for sustainable investment that blends profitability with community development in Namibia’s resource sector.

Source: BusinessExpress

TECH

MTC Launches e-SIM for Namibians, Ushering Digital Connectivity into a New Era

Mobile Telecommunications Limited (MTC) has officially launched its electronic subscriber identity module (e-SIM) service for local users, marking a significant step forward in Namibia’s digital landscape.

Key Highlights:

• What is e-SIM?

  • e-SIM is a digital SIM embedded in devices, allowing activation of mobile services without a physical SIM card.

  • It offers flexibility to switch between multiple network profiles seamlessly—ideal for travellers and users managing several numbers.

  • Previously, MTC offered e-SIMs only for customers traveling outside Namibia; the new launch makes it fully available to locals.

• Strategic Vision:

  • MTC Managing Director Licky Erastus emphasized adopting and shaping global digital trends to connect Namibians to a new era of communication.

  • The launch reflects MTC’s ongoing commitment to innovation and digital transformation across Namibia.

• Government Support and Digital Inclusion:

  • Minister of Information and Communication Technology, Emma Theofelus, highlighted e-SIM’s role in accelerating digital inclusion by simplifying access to mobile services.

  • The technology is expected to support innovation in sectors such as the Internet of Things, smart agriculture, smart health, e-commerce, and mobile banking.

• Anticipated Challenges:

  • Device Compatibility: Not all mobile devices currently support e-SIM, potentially limiting uptake among lower-income users.

  • Consumer Awareness: The public’s knowledge of e-SIM technology and its benefits remains limited.

  • Minister Theofelus urged all digital service providers to engage in broad customer education to ensure accessibility and inclusion.

The Bottom Line:

MTC’s e-SIM launch represents a pivotal advance in Namibia’s digital connectivity, offering users flexibility and enhanced functionality while catalyzing innovation across critical sectors. Addressing challenges in device compatibility and consumer awareness through education and inclusivity efforts will be essential to maximize e-SIM’s transformative potential across all communities.

Source: The Namibian

PERSONAL DEVELOPMENT

📚 “Don’t just read to finish a book—read to apply it. Even one idea put into action is more powerful than a hundred pages remembered.”