Also known as: Bank Windhoek Mathematics Teachers initiative · Bank Windhoek Ramblers Soccer Tournament · BWK · Bank Windhoek Volleyball NVF Cup · Bank Windhoek Gala
Namibian commercial bank providing debt financing, retail banking services, and corporate social investment programmes across the country.
Bank Windhoeklaunchedmathematics teacher-training initiative in 2024 in partnership with the Ministry of Education, Innovation, Youth, Sport, Arts and Culture and the African Leadership Institute
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“It is within this context that Bank Windhoek, in partnership with the Ministry of Education, Innovation, Youth, Sport, Arts and Culture and the African Leadership Institute, launched a mathematics teacher-training initiative in 2024 to strengthen mathematics education.”
Bank WindhoeksponsoredN$550,000 to Namibia Chess Federation for youth development
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“Bank Windhoek sponsored N$550 000 to the Namibia Chess Federation (NCF) to strengthen youth development through chess, supporting education, strategic thinking and national representation.”
Bank Windhoekpredictsoil and gas discoveries will significantly reshape Namibia's coastal property market
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“Bank Windhoek predicts that recent oil and gas discoveries will significantly reshape Namibia's coastal property market and industrial housing demand over the next decade.”
Bank WindhoekhostedCoastal Estate Agent Awards in Swakopmund to recognize top-performing estate agents
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“In celebrating the coastal property professionals who delivered outstanding results and service excellence, Bank Windhoek hosted the event to recognise top-performing estate agents and agencies across multiple categories.”
Bank Windhoekis alleging thatRossmund Golf Course CC owes it N$101.5 million and is unable to pay debts
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“The bank is alleging that the close corporation, as surety for the close corporation Premier Construction CC, owes it N$101.5 million and is unable to pay its debts.”
Bank Windhoekis suingbusinessman Malakia Elindi for about N$2.3 million
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“Bank Windhoek is suing businessman Malakia Elindi, who is charged in the National Petroleum Corporation of Namibia (Namcor) fraud and corruption case, for about N$2.3 million in the Windhoek High Court.”
Bank Windhoekhas playeda significant role in supporting chess over the years
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“Eichab acknowledged the significant role Bank Windhoek has played in supporting chess over the years and expressed optimism about maintaining and expanding such collaborations.”
Bank Windhoekfiled application to haveRossmund Golf Course wound up
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“In the application heard by Komboni on Wednesday, the court was informed that Bank Windhoek has in the meantime filed an application to have Rossmund Golf Course wound up.”
Andrada Mining Limited has secured N$98 million in conditional debt financing from Bank Windhoek and the Development Bank of Namibia to support expansion projects at Uis Mine in Erongo. The funds will be used for construction and commissioning of an ore-sorting circuit, increased crushing capacity, accelerated stripping activities, and resource estimates.
Why it matters
Andrada secures N$98m financing for Uis Mine expansion, a significant boost to mining sector investment and economic growth.
Andrada Mining Limited has secured N$98 million in conditional debt financing from Bank Windhoek and the Development Bank of Namibia to support expansion projects at Uis Mine in Erongo. The funds will be used for construction and commissioning of an ore-sorting circuit, increased crushing capacity, accelerated stripping activities, and resource estimates.
Sustainable finance must generate measurable environmental or social benefits alongside financial performance to deliver durable outcomes. In Namibia, where fiscal constraints limit state funding, well-designed private-sector projects can strengthen livelihoods and build resilience, but global sustainable finance frameworks often lack attention to local conditions, and solutions designed in the Global North may not translate effectively to the Global South.
The High Court has placed Linden Beef Close Corporation under final liquidation after the company failed to appear at a winding-up hearing. The company owes Bank Windhoek approximately N$28.4 million in debts from loan and credit facility agreements entered into between 2022 and 2024.
Namibia's four largest commercial banks saw loan impairments surge from N$230 million in June 2015 to a peak of N$1.5 billion in December 2020 before gradually stabilising. Impairments have since eased, declining to N$640 million by 2022 and settling at N$760 million by year-end 2024.
Economist Almandro Jansen warns that Namibia's debt situation is becoming a cash-flow and refinancing challenge as government relies on continuous domestic borrowing, with a total financing requirement of approximately N$29.22 billion (10.2% of GDP) for 2026/27, though the country remains capable of funding itself.
The Namibia Genetics Stud Livestock Auction in Windhoek sold 58 of 69 lots at an average price of N$53,655, with bulls averaging N$60,690 and heifers-in-calf achieving 100% clearance at an average of N$35,188, signalling strong demand for beef breeding stock.
Farm Eendrag, discovered to host a N$52-million cannabis plantation last May, has been auctioned for N$44.5 million in a 10-day bidding process. The farm, which was also linked to the disappearance of N$7 million in cattle owned by the Meat Corporation of Namibia, is under liquidation with its final bid subject to liquidator approval within 72 hours.
The Namibia Genetics Auction recorded an 84% clearance rate, with 58 of 69 lots sold at a recent Windhoek auction, delivering an overall average price of N$53 655. Heifers-in-calf achieved 100% clearance with all 16 on offer sold, averaging N$35 188.
Bank Windhoek's Capricorn Foundation is running an 18-month emerging bankers programme to help young people aged 19–25 transition from education to employment, with an initial N$1-million investment in 2024 and a further N$3.24-million commitment to expand the initiative and recruit 15 new emerging bankers. The programme provides structured learning and hands-on branch experience across rural and underserved communities.
Bank Windhoek has launched a WhatsApp Banking Platform to advance payment modernisation and promote financial inclusion in Namibia. The Ministry of Information and Communication Technology's Executive Director said the platform is the first of its kind, designed to bridge communication and banking and align with the country's national digital strategy.
Bank Windhoek has launched a WhatsApp banking service that allows customers to conduct transactions and access services through the messaging platform. The move reflects the bank's commitment to innovation and meeting customers where they communicate, building on its introduction of cellphone banking in 2006.
Namibian commercial banks have no policies to refund defrauded clients, even as the Bank of Namibia reports losses of over N$6 million monthly to fraud. Banks claim liability rests with customers who authorize transactions under deception, while victims say they have been denied compensation; international regulators in the UK and EU are moving to mandate refunds to fraud victims.
Bank Windhoek sponsored Namibian College of Open Learning's annual prize ceremony recognizing exceptional students in 2025 national examinations, with awards including certificates, tablets and monetary prizes for category winners across NSSCO and AS levels.
The Capricorn Foundation and Bank Windhoek have launched the 2026/2027 Emerging Bankers Programme, which provides 13 young Namibians with 18 months of workplace exposure, certified training and mentoring, funded with N$3.24 million. The programme, which started in 2024, targets school leavers from small towns and remote areas lacking access to tertiary education and aims to address youth unemployment in the financial services sector.
Bank Windhoek has been named Banking Brand of the Year – Namibia 2026 by the Global Banking & Finance Awards, recognising its exceptional brand presence and commitment to excellence. The award reflects the trust Namibians place in the homegrown bank and its focus on customer-centric service and innovation.
Bank Windhoek has been named Namibia's top banking brand for 2026 by the Global Banking and Finance Awards, in recognition of its exceptional brand presence, commitment to excellence, and customer-centric approach in the country's financial sector. The award follows the bank's recent international recognition including Best Foreign Exchange Bank and Small and Medium Enterprises Bank awards for 2025.
Bank Windhoek has increased its sponsorship to N$300,000 for the fifth edition of the Ramblers Soccer Tournament, hosting 14 teams in Windhoek and Keetmanshoop in June 2026 to develop emerging players and provide pathways to professional football.
Bank Windhoek and the Namibia Volleyball Federation hosted the 2026 Doc Tournament in Swakopmund, attracting 39 teams (16 women's and 23 men's) and marking one of the strongest editions in the event's 42-year history. Zambia's Green Buffaloes won both men's and women's titles in their first appearance, while eleven Namibian clubs participated for the first time, signalling growth in the sport's national footprint.
Namibia's premier volleyball event is set for The Dome in Swakopmund, featuring top local teams and international participation from Zambian side Green Buffaloes. Tournament director Elia Muremi said the event motivates young players and elevates local play through international competition, though organisers face logistical and financial constraints.
Bank Windhoek, in partnership with the Ministry of Education and the African Leadership Institute, launched a mathematics teacher-training programme in 2024 that has trained 240 teachers with an investment of N$1.2 million, aiming to strengthen numeracy skills and financial literacy as a shared-value investment in Namibia's economic resilience.
Cor Beuke and Liana du Plessis won the Bank Windhoek Independence Betterball tournament at Windhoek Golf Club with 52 points, beating 28 other teams in a 58-golfer field that celebrated Namibia's independence through sport.
Bank Windhoek has sponsored N$550,000 to the Namibia Chess Federation to strengthen youth development through chess education and national team preparation, bringing the bank's total support over four years to N$2 million. The funding will support grassroots development, school outreach, and participation in regional and international competitions, including the 2026 Chess Olympiad in Uzbekistan.
Bank Windhoek predicts that recent oil and gas discoveries will significantly reshape Namibia's coastal property market and industrial housing demand over the next decade. The bank's CFO warned that while development activity is strengthening, constraints including affordability, subdued mortgage growth, and supply limitations could create pressure on the coastal housing sector.
Rossmund Golf Course was sold for N$41 million at a judicial auction, with businessman Bokkie Thorburn as the winning bidder. The sale followed a default judgment obtained by the Development Bank of Namibia against the golf course operator for N$19.9 million plus interest.
Bank Windhoek's acting executive officer of specialist finance noted that the coast now accounts for around 20% of Namibia's housing transactions, driven by lifestyle migration, tourism investment, and rental market growth. He flagged constraints including affordability challenges and supply limitations, and called for collaboration to expand housing supply and align investment with infrastructure as offshore oil and gas activity reshapes coastal property dynamics.
Bank Windhoek is suing businessman Malakia Elindi, who is charged in the Namcor fraud case, for about N$2.3 million owed on a mortgage loan and overdraft facility, and seeking to have ten properties with a combined market value of N$9.4 million sold to recover the debt. Elindi, who is currently in custody awaiting a High Court judgement on a bail appeal, has claimed assets worth N$113 million but faces mortgage bonds totalling N$10.5 million against the properties.
Eight-time national chess champion Charles Eichab has been elected president of the Namibia Chess Federation and plans to expand the sport's reach across the country through grassroots development, stronger regional structures, and increased international participation. He aims to strengthen coaching and talent identification, attract sponsorship, and work toward integrating chess into government schools as an educational tool.
The Windhoek High Court rejected an urgent application by Rossmund Golf Course CC to stop a judicial auction of the course near Swakopmund, with Judge Gabriel Komboni ruling the applicants had not met the requirements for urgent hearing. The 53.6-hectare golf course was set to be auctioned on Wednesday following a default judgment for N$19.9 million owed to the Development Bank of Namibia.
Bank Windhoek has joined the first cohort of institutions testing government-to-person (G2P) payments under Namibia's national instant payment programme, initially piloting digital social grant disbursements with beneficiaries already familiar with digital channels before a nationwide rollout.
Amateur golfer Rudi Junior Auseb has been selected to represent Namibia at the All-Africa Junior Team Championship in Kenya in March, but his parents say financial hardship threatens his participation. The family is appealing to the public for assistance to cover travel costs, pocket money, and a required cellphone, with the youngster currently relying on a N$250 monthly government social grant.