The Bank of Namibia's latest Economic Outlook forecasts domestic GDP growth of 2.6% in 2026 and 2.9% in 2027, moderate expansion supported primarily by construction, electricity, water, retail trade, and financial services, though projections were revised downward due to weaker primary industries performance, particularly metal ores and diamond mining.
18 April 2026 · Informanté →
The Namibia Deposit Guarantee Authority has raised maximum deposit guarantee coverage from N$25,000 to N$50,000 per depositor, broadening protection in the event of commercial bank failure. The move comes as the NDGA Fund grew 32% to N$40 million and amid rising concerns over banking fraud, with Namibians losing N$53 million to fraud in 2025 compared to N$29 million in 2024.
18 April 2026 · Informanté →
Telecom Namibia confirmed that recent network disruptions were caused by a technical fault on external international connectivity routes, leading to slower speeds and intermittent access. The company's teams responded immediately and implemented corrective measures including traffic redirection and equipment upgrades to restore and stabilize services.
18 April 2026 · Informanté →
China says it will support Namibian economic development and local processing of natural resources including uranium, according to a joint statement issued after a week-long visit by Namibia's trade minister. Namibia aims to shift from exporting raw materials to China towards processing and manufacturing value-added products locally in sectors such as green hydrogen, mining, and oil and gas.
18 April 2026 · The Namibian →
The Namibia Depository Guarantee Fund grew from N$30.3 million in 2024 to N$40.1 million by 31 December 2025, driven by premium contributions of N$6.4 million and portfolio returns that outperformed benchmarks. The fund also increased its coverage limit per depositor from N$25,000 to N$50,000, effective 10 February 2026.
18 April 2026 · The Namibian →
Princess Brand Processing has invested N$3.75 million in an automatic seamer machine for its cannery division, designed to improve hygiene and safety during the canning of pilchards and horse mackerel.
18 April 2026 · The Namibian →
The Namibia Power Corporation successfully listed its N$5-billion domestic medium-term note programme on the Namibia Securities Exchange, in partnership with Cirrus Securities and Nedbank Namibia. The programme allows NamPower to issue a range of notes, including green and sustainable notes, to fund strategic projects while contributing to Namibia's financial sector development.
18 April 2026 · The Namibian →
The 2023 census revised Namibia's population upward to 3.10 million, implying a 3.3% annual growth rate, which means the economy needs more than 3.3% real GDP growth annually just to avoid declining living standards per capita. Mining-led growth masks a weak non-mining economy that has failed to achieve the required 3.3% growth rate in most years since independence, and especially since 2015.
18 April 2026 · The Namibian →