Namibia is developing a Sectoral Transformation Investment Plan under the Climate Investment Funds Industry Decarbonisation Programme, which has secured access to up to USD 250 million in concessional climate finance to support low-carbon industrial development. The plan aims to translate policy into practical industrial investments, expand manufacturing, strengthen mineral beneficiation, and create jobs, with submission to the Climate Investment Funds expected in October 2026.
7 May 2026 · Informanté →
The Development Bank of Namibia has launched a new Client Portal, a secure, mobile-friendly digital platform enabling existing clients to manage their profiles, access account information, and connect with portfolio analysts. The launch forms part of the Bank's five-year strategic plan prioritising digital transformation for improved service delivery and client engagement.
7 May 2026 · Informanté →
Namibia's private sector credit growth eased to 4.3% in March 2026 from 4.7% in February, with total credit at N$123.3 billion. Household borrowing gained momentum to 4.1% year-on-year—its highest in the current cycle—driven by stronger mortgage lending, instalment credit, and overdrafts, while corporate lending showed seasonal fluctuations.
7 May 2026 · Informanté →
The Bank of Namibia held its repo rate unchanged at 6.50% on 29 April, citing weak economic activity, slow private sector credit growth, inflation risks and rand strengthening. An FNB economist said easing credit conditions will likely be tempered by elevated borrowing costs, keeping private sector credit growth subdued.
7 May 2026 · Windhoek Observer →
Simonis Storm Securities has maintained a hold recommendation on Paratus Namibia Holdings after the company reported revenue of N$381.3 million for the six months ended 31 December 2025, up 16.5% year-on-year, but posted a total comprehensive loss of N$36.3 million. The analyst attributed the weaker earnings to ongoing investment in the mobile network launched in September 2025, though customer growth in mobile, SkyFi, and fibre services is beginning to improve.
7 May 2026 · Windhoek Observer →
Nedbank Namibia visited Rundu and Katima Mulilo as part of its Managing Director Roadshow to strengthen relationships with communities and businesses while shaping its 2026 strategy around regional needs. The bank highlighted partnerships such as the Wapa Nawa Recycling Centre through its Team Challenge initiative.
7 May 2026 · Windhoek Observer →
Meatco's operational agreement with Zambezi Meat Corporation expires on 15 April 2026, prompting the company to wind down operations at the Katima Mulilo abattoir. The transition period runs from 16 April to 30 June 2026, during which Meatco will scale down operations in a controlled manner while honouring obligations to local producers and suppliers.
7 May 2026 · New Era →
Mobile Telecommunications Limited is calling on companies and institutions to create more internship opportunities for young Namibians through the Namibia National Internship Programme, which was launched in 2019 to help graduates enter the job market. MTC contributes N$2 million annually to the programme, which placed 332 interns in 2025 across more than 40 fields.
7 May 2026 · Windhoek Observer →
The Ministry of Works and Transport has approved a 15% increase in taxi and bus fares, raising taxi fares from N$13.00 to N$15.00 effective 18 May 2026, in response to rising fuel prices and operational costs cited by transport operators.
7 May 2026 · Informanté →
Public transport fares will increase by 15% nationwide from 18 May 2026, raising the minimum taxi fare from N$13 to N$15, following approval by the Ministry of Works and Transport. The increase cites rising fuel prices and geopolitical tensions, and comes after the Namibia Public Passenger Transport Association requested a 30% increase.
7 May 2026 · Windhoek Observer →
Namibia's Industries, Mines and Energy Minister announced fuel price increases effective from tomorrow: petrol will rise by N$1.40 per litre and diesel by N$4.63 per litre.
7 May 2026 · Windhoek Observer →
The ministry of works and transport announced a 15% increase in taxi, minibus and bus fares for urban and intercity transport, effective 18 May, following complaints from drivers about fuel price hikes. The increase marks the first adjustment to general taxi fares since 2021.
7 May 2026 · The Namibian →
Namibia's industrial sectors—including green hydrogen, oil and gas, mining, and marine engineering—face a structural gap in competent welding personnel, including engineers and coordinators. The article argues this is a systemic issue requiring long-term response, not merely a training shortage, and describes the establishment of WeldNam in 2024 as part of addressing this gap.
7 May 2026 · The Namibian →