The Bank of Namibia has postponed the introduction of retail bonds to 2027, citing the need to develop systems and external capacity as obstacles, after previously targeting a 2026 launch. Retail bonds will allow individuals to lend to the government at a lower entry point than existing treasury bills or fixed-income bonds.
19 February 2026 · The Namibian →
The Namibian Competition Commission is investigating whether Nasan Energies' acquisition of 53 service stations from Vivo Energy violates divestiture conditions meant to prevent market dominance, citing alleged connections between Nasan co-founder Miguel Hamutenya and Vitol, Vivo's major shareholder. NaCC preliminary findings warn the deal could result in a combined market share of about 70%, contrary to the regulator's requirement that the buyer be independent with less than 10% market share.
19 February 2026 · The Namibian →
Toyota Hilux has introduced a range of purpose-built modular conversion vehicles targeting small and medium enterprises, allowing customers to customize configurations including dropsides, cargo rails, canopies, and dry boxes on a flatbed chassis. The conversions are integrated at the manufacturer's plant to factory standards and come with a three-year or 100,000km warranty.
19 February 2026 · The Namibian →
The Namibia Industrial Development Agency says it cannot pay its N$3.9 million water and electricity debt to Keetmanshoop municipality because tenants have failed to pay rent, creating cash flow problems. The municipality offered Nida a 100% interest waiver if it settled N$3.1 million in capital debt over three months, but Nida declined, citing inability to pay N$1 million monthly and is now requesting treasury assistance through its line ministry.
19 February 2026 · The Namibian →
Nearly five years after Air Namibia's liquidation, former employees have petitioned the Supreme Court for an expedited hearing in a dispute over unpaid severance payments. Although a High Court ruling previously ordered the recalculation and payment of severance packages, the liquidators have appealed that order, leaving many employees still awaiting payment.
19 February 2026 · The Namibian →
Trustco Group Holdings' largest minority shareholder, Riskowitz Value Fund LP (RVF), failed in its attempt to remove and replace the board at a general meeting on Monday. The meeting was ruled illegally convened under the Namibian Companies Act; a condonation vote to remedy defects failed, and RVF could not secure majority support even on the merits, according to the company.
19 February 2026 · The Namibian →
The Meat Corporation of Namibia has recorded a significant financial turnaround, with group revenue rising to N$1.865 billion and an operating profit before tax of approximately N$106 million, marking recovery from five consecutive years of losses following implementation of a Turnaround Plan approved in November 2024.
19 February 2026 · Informanté →
Trustco Group Holdings has confirmed the full unwinding of its Legal Shield Holdings transaction following a failed hostile takeover attempt by Riskowitz Value Fund LP, which had received 400 million shares under an agreement that expressly prohibited a change of control but then used those shares to attempt exactly that. Approximately 400 million shares are being returned to treasury, restoring Trustco's shareholder structure and reducing RVF's voting rights to approximately 22%, with Trustco reserving all rights to pursue damages and restitutionary remedies.
19 February 2026 · Informanté →
Trade Minister Selma Ashipla-Musavyi has invited the United Arab Emirates to invest in Namibia's diamond cutting and polishing sector and form joint ventures to increase value addition before exports, during a high-level business forum in Windhoek. Namibia also seeks to expand agricultural exports and establish a Joint Economic Commission with the UAE.
19 February 2026 · Informanté →
Vice President Lucia Witbooi inaugurated a new Analytical Laboratory Services (ANALAB) facility in Windhoek, which provides soil testing, water quality assessments, and quality control services across agriculture, mining, food, and public health sectors. Witbooi described the building as a strategic asset supporting Namibia's scientific capacity, regulatory compliance, and economic growth.
19 February 2026 · Informanté →
The Monetary Policy Committee of the Bank of Namibia maintained the repo rate at 6.50%, meaning commercial banks are expected to keep their prime lending rates at 10.00%. The decision was made to safeguard the currency peg with the South African Rand while supporting domestic economic activity, with consideration given to subdued credit extension and weaker domestic growth.
19 February 2026 · Informanté →
Chinese SUV brand Jetour recorded its strongest January, selling 1,550 vehicles in southern Africa, boosted by the newly launched T1 and T2 models alongside existing Dashing and X70 Plus lines. The company attributes success to listening to local customer preferences and investing in dealer networks and parts availability.
19 February 2026 · New Era →
Mitsubishi Motors will introduce the all-new Destinator to the southern African market in the first half of 2026, featuring seven-seat capacity, advanced technology including a 12.3-inch infotainment screen and Yamaha audio system, and a 1.5-litre turbocharged engine. The vehicle earned a five-star ASEAN NCAP safety rating and multiple international design awards.
19 February 2026 · New Era →
The Chinese automaker LDV has introduced its D90 seven-seat SUV to the Namibian market, equipped with a 2.0-litre turbodiesel engine and targeting family and adventure buyers through competitive pricing and generous specifications against rivals like the Toyota Fortuner and Ford Everest.
19 February 2026 · New Era →
The Bank of Namibia's Monetary Policy Committee voted unanimously to maintain the repo rate at 6.50%, prioritising monetary stability and protecting the Namibia Dollar's peg to the South African Rand amid a slowing domestic economy, though inflation remains contained and the external trade position has strengthened.
19 February 2026 · New Era →
MTC's board of directors has appointed Trophimus Hiwilepo as the new chairperson effective 13 February 2026, following the passing of previous chairperson Theofelus Mberirua. Hiwilepo, who has been an independent non-executive director since July 2024, was selected for his leadership experience and commitment to Namibia's digital transformation.
19 February 2026 · New Era →
The UAE minister of foreign trade has confirmed the country's readiness to sign trade agreements and explore business opportunities in Namibia, with a delegation interested in mining, agriculture, logistics, oil and gas, and finance. Namibia's trade minister highlighted existing exports including diamonds, fish, and metals, and invited UAE investment in diamond processing, agriculture, and infrastructure including renewable energy.
19 February 2026 · New Era →
US chipmaker Nvidia unveiled partnerships with Indian computing companies including L&T and Yotta at an AI Impact Summit in New Delhi, with commitments to build large-scale data centre capacity to support India's development as a global AI hub. India expects over US$200 billion in AI investments over the next two years, with major players including Microsoft, Adani Group, and others pledging substantial commitments alongside discussions by world leaders on AI governance and regulation.
19 February 2026 · New Era →