Kyani Security says it will continue paying employees in split salaries until it resolves a N$7 million tax debt. Workers have complained that the changed pay dates make it difficult to manage rising living costs.
24 July 2026 · Namibian Sun →
Zandria Venter, who has spent years building expertise in Namibia's financial services industry, has been appointed head of growth at Alexforbes Namibia.
24 July 2026 · Namibian Sun →
Namibia Water Corporation recorded a net loss of N$128.3 million in the 2024/25 financial year despite revenue rising to N$2.216 billion, with operating expenses climbing to N$2.035 billion and expected credit losses more than doubling to N$536.7 million. The corporation remains financially solvent with a current ratio of 6.59 and continues to operate without external interest-bearing debt, while maintaining its Fitch BB- credit rating.
24 July 2026 · Windhoek Observer →
South African building materials retailer Cashbuild reported 6% group revenue growth for the fourth quarter and full 2026 financial year, with its Rest of Africa operations—including Namibia—declining 14% in the quarter and 5% for the year.
24 July 2026 · Windhoek Observer →
Stimulus Investments Limited has issued a cautionary announcement advising shareholders it has entered negotiations that could materially affect its listed preference shares' price; details cannot yet be disclosed, and shareholders are urged to exercise caution when trading until a further announcement.
24 July 2026 · Windhoek Observer →
The Bank of Namibia is conducting a national diagnostic study to assess the availability, quality, consistency and accessibility of climate-related data, aiming to strengthen the financial sector's understanding of climate-related risks and support mitigation through adaptation and resilient measures. The study was announced at a workshop convened by the Namibia Sustainable Finance Alliance, Bank of Namibia and RMB Namibia to examine constraints affecting sustainable finance mobilisation in Namibia.
24 July 2026 · Windhoek Observer →
South Africa-based retailer Mr Price Group reported retail sales in Africa of R9.3 billion for the 13 weeks ended 27 June 2026, up 3.2% and outpacing the broader market's 0.8% growth. Overall group retail sales surged 45.3% to R13.1 billion, largely due to its acquisition of European retailer NKD.
24 July 2026 · Windhoek Observer →
Namibia recorded 513,921 cybersecurity vulnerabilities from April to June 2026, a 39.8% increase year-on-year, with cyber events rising 56.7%. NAM-CSIRT attributed the rise to remote management exposure, legacy network services, and emerging threats including BAVACAI ransomware and Black X extortion group activity.
24 July 2026 · Informanté →
The Namibia Seamen and Allied Workers Union has rejected Gendev Fishing Group's proposal to raise the basic monthly salary from N$3,850.95 to N$6,800 for 195 hours per month, arguing it does not constitute a genuine increment but rather payment for standard working hours. The company issued a 24-hour ultimatum and framed the move as a 120% increase, while the union maintains that paying workers for hours actually worked is not a pay rise.
24 July 2026 · Windhoek Observer →
Namibians have been urged to take greater advantage of continental partnerships and knowledge-sharing platforms to accelerate digital transformation and strengthen its position in Africa's digital economy. According to MTC's Head of Digital Transformation, Africa's digital future will depend on collaboration among governments, technology companies, innovators and policymakers rather than countries working in isolation.
24 July 2026 · Windhoek Observer →
The High Court has ordered Manani Investments CC and August 26 Construction (Pty) Ltd to participate in mediation over nearly N$800,000 in unpaid construction work. The mediation is scheduled for 29 July 2026 at the High Court in Windhoek, with a status hearing set for 8 September 2026.
24 July 2026 · Windhoek Observer →
Salary negotiations between Gendev Fishing Group and the Namibia Seamen and Allied Workers Union (Nasawu) remained deadlocked after the union rejected the company's wage proposal, which offered to increase guaranteed monthly salaries from N$2,960 to N$6,700 and raise guaranteed working hours from 98 to 195 hours per month. Workers subsequently embarked on strike, with union representative Paul Hango expressing disappointment that the company had directly encouraged workers to accept the offer.
24 July 2026 · New Era →
The Road Fund Administrator has allocated N$439 million towards road maintenance, infrastructure improvements and traffic law enforcement in Windhoek, funding projects including upgrades to Peter Nanyemba Road (N$65m), Auas Road widening (N$89m), and Winnie Madikizela Mandela upgrade (N$179.2m). The RFA CEO noted that while this funding supports local authority road maintenance programmes, local authorities retain primary responsibility for road infrastructure under the Local Authority Act.
24 July 2026 · New Era →
FirstRand Namibia and the Namibia Bank Workers Union have concluded a wage settlement for the 2026/27 financial year, providing employees an average salary increase of 5.71% effective from 1 August 2026, implemented according to pay-for-performance principles.
24 July 2026 · Windhoek Observer →
Nedbank Namibia will host its second Future of Business Conference later this month, featuring entrepreneurs, business leaders and industry experts including OL Group CEO Sven Thieme, Cirrus Capital economist Ida Williams and Nedbank Group chief marketing officer Khensani Nobanda. The conference aims to provide MSMEs with insights, practical knowledge and networking opportunities to expand their businesses in a changing economic environment.
24 July 2026 · The Namibian →