Category: Business
Angola opens first-ever vehicle assembly plant
SEGUN ADEYEMI
Angola has taken a major step towards rebuilding its industrial base with the opening of its first operational vehicle assembly plant [...]
De Beers sale: Namibia’s position remains unclear
STAFF WRITER
Minister of Industries , Mines and Energy Modestus Amutse has not yet been briefed on whether the country will join Botswana and Angol [...]
Major shift in African banking
Reginald Ntomba
Africa’s banking sector is undergoing a structural shift as longstanding multinational banks exit the continent, creating space for [...]
Namibians paying up to N$32 on every debit order
TIRI MASAWI
For Namibians who rely on debit orders to pay bills or make regular payments, the cost can vary widely depending on which bank they use [...]
Namibia-Russia speed up cooperation on nuclear
STAFF WRITER
Namibia and Russia have agreed to speed up the process of crafting a nuclear cooperation deal.
According to reports from Russia, [...]
DBN profit up by 42%
STAFF WRITER
The Development Bank of Namibia (DBN) has recorded a 42% increase in operating profit to N$88.3 million, underscoring disciplined cost [...]
NamPost pays grants to 37 000 recipients
STAFF WRITER
NamPost says it paid grants to over 37 000 recipients within a day despite recording long queues at several Post Offices during the J [...]
Standard Bank Namibia introduces free swiping for Basic Bank Account holders
STAFF WRITER
Standard Bank Namibia have introduced a new banking fee structure that will allow clients to enjoy three free Automated Teller Machine [...]
Van Zyl appointed as Standard Bank Head of private banking and wealth
STAFF WRITER
Standard Bank Namibia has appointed Darius van Zyl as the new Head of Private Bank and Wealth, effective 5 January 2026.
Van Zyl [...]
Namibia joins Botswana, and Angola to buy controlling stake in De Beers
John Jeffay
De Beers has confirmed that Botswana, Angola and Namibia have expressed interest in acquiring equity in the company, along with a numb [...]