Namibia Minute.
Monday, 8 June 2026
Namibia’s news, on the hour · Est. 2026
Monday, 8 June 2026
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Namibian press · Organization

FirstRand Namibia Limited

Namibian banking group identified as preferred banking stock, recognized as best bank in Namibia for 2026 and top employer in region.

2023-05-132026-06-08
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What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

  1. June 2026

  2. Windhoek Observer

    FirstRand Namibia generates returns on equity above current cost of equity across economic scenarios

    Source

    “The report identifies FirstRand Namibia as the preferred banking stock on the Namibian Stock Exchange (NSX), citing its ability to consistently generate returns on equity above the current cost of equity across a range of economic scenarios.”

    Banking sector remains an attractive investment destination
  3. March 2026

  4. The Namibian

    FirstRand Namibia Limited appointed Conville Britz as non-executive director, effective 1 April

    Source

    “FirstRand Namibia Limited has appointed Conville Britz as a non-executive director, effective 1 April, in line with Namibia Securities Exchange (NSX) listing requirements.”

    FirstRand Namibia appoints Conville Britz as non-executive director

  5. The Namibian

    FirstRand Namibia recorded N$1.497 billion profit for six months (ended 31 December 2025) with earnings rising 15.3% year-on-year

    Source

    “FirstRand Namibia's profit of N$1.497 billion for the six months (that ended 31 December 2025) with earnings rising 15.3% year on year”

    Austerity for Namibia’s Working People?
  6. February 2026

  7. Informanté

    FirstRand Namibia (FNB) committed N$2 million to the FMD Support Fund

    Source

    “Bank Windhoek and FirstRand Namibia (FNB) each committed N$2 million, while Namib Mills and Feedmaster pledged N$1.5 million each to support prevention and control measures.”

    Agriculture Ministry launches FMD Support Fund and Task Force
  8. January 2026

  9. The Namibian

    FirstRand Namibia CEO Conrad Dempsey congratulated the team on qualifying for the T20 World Cup

    Source

    “FirstRand Namibia CEO Conrad Dempsey congratulated the team on qualifying for the T20 World Cup.”

    Eagles eye T20 World Cup upsets

  10. The Namibian

    FirstRand Namibia was most actively traded local counter in 2025 with turnover of N$151.8 million

    Source

    “However, FirstRand Namibia was the most actively traded local counter in 2025, with turnover of N$151.8 million, followed by Capricorn Group at N$77.1 million and SBN Holdings at N$46.6 million.”

    Banks and telecoms lead NSX gains in 2025
  11. May 2023

  12. The Namibian

    FirstRand Namibia made colossal combined profit of N$2,3 billion in 2022

    Source

    “In 2022, the Capricorn Group (Bank Windhoek) and FirstRand Namibia made a colossal combined profit of N$2,3 billion.”

    An Insatiable Appetite for Profit

  13. The Namibian

    FirstRand Namibia channels at least 1% of net profit towards CSR

    Source

    “As per FirstRand Namibia's business model, channeling at least 1% of net profit towards CSR constitutes their commitment to the communities they serve.”

    An Insatiable Appetite for Profit
Business

Banking sector attracts investors despite earnings quality differences

The News

Namibia's banking sector continues to draw investors, though earnings quality differences among listed banks are now structural rather than cyclical, according to Simonis Storm's Banking Report 2026. FirstRand Namibia is identified as the preferred banking stock, while Standard Bank Namibia received an accumulate rating and Capricorn Group a reduce rating pending improvements in key indicators.

3 June 2026 · Windhoek Observer →

Wednesday 3 June

  1. Banking sector attracts investors despite earnings quality differences

    Namibia's banking sector continues to draw investors, though earnings quality differences among listed banks are now structural rather than cyclical, according to Simonis Storm's Banking Report 2026. FirstRand Namibia is identified as the preferred banking stock, while Standard Bank Namibia received an accumulate rating and Capricorn Group a reduce rating pending improvements in key indicators.

    3 June 2026 · Windhoek Observer →

Sunday 29 March

  1. FirstRand Namibia appoints Conville Britz as director

    FirstRand Namibia has appointed Conville Britz as a non-executive director effective 1 April, in accordance with NSX listing requirements. Britz, currently general manager for strategy and projects at the Government Institutions Pension Fund, brings experience in strategy and institutional investment to the board.

    29 March 2026 · The Namibian →

Monday 23 March

  1. FNB Namibia wins Best Bank award for second consecutive year

    FNB Namibia has been named the Best Bank in Namibia for 2026 by Global Finance, the second year running. The award recognises the bank's focus on innovation, customer service, and responding to Namibia's economic challenges.

    23 March 2026 · New Era →

Friday 20 March

  1. FNB Namibia awarded best bank in Africa for 2026

    First National Bank Namibia has been named the best bank in Namibia for 2026 by Global Finance's World's Best Banks Awards, marking the second consecutive year the bank has received the recognition. The award honours top-performing banks across 36 African countries, territories and districts and recognises institutions that demonstrate resilience while adapting to industry challenges including regulatory pressures and fintech competition.

    20 March 2026 · The Namibian →

Sunday 8 March

  1. Editorial: Namibia's 2026 budget fails to transform economy

    An opinion piece criticizes Namibia's 2026 budget for adhering to austerity and neo-classical economics rather than pursuing structural economic transformation. The authors argue that the government should instead implement expansionary policies, industrialisation, public investment in social sectors, and democratic economic controls to address unemployment and inequality.

    8 March 2026 · The Namibian →

Friday 27 February

  1. Agriculture Ministry launches FMD support fund and task force

    Namibia's Ministry of Agriculture has established the Foot-and-Mouth Disease Support Fund and FMD Task Force to protect the livestock sector against potential outbreaks, with private sector pledges including N$2 million each from Bank Windhoek and FirstRand, and N$3 million annually from the Namibia Agricultural Union. The initiatives will support vaccination campaigns, border biosecurity, veterinary infrastructure, and farmer awareness programmes to safeguard Namibia's N$15 billion livestock industry.

    27 February 2026 · Informanté →

Friday 23 January

  1. Namibia Eagles depart for T20 World Cup in India

    The FNB Namibia Eagles cricket team is heading to the T20 World Cup in India and Sri Lanka, starting with warm-up matches in the UAE before their opening fixture against the Netherlands on 10 February in Delhi. The team has been drawn in Group A with cricket powerhouses India and Pakistan, plus associate nations the Netherlands and the US.

    23 January 2026 · Informanté →

Thursday 22 January

  1. Namibia Eagles depart for T20 World Cup in India and Sri Lanka

    The Namibia cricket team has received a farewell ahead of the T20 World Cup in India and Sri Lanka next month. Coach Craig Williams says the team is travelling not as underdogs but to compete and cause upsets, despite being drawn in a tough group alongside India, Pakistan, the Netherlands, and the United States.

    22 January 2026 · The Namibian →

Monday 19 January

  1. FNB Namibia named top employer for second consecutive year

    FNB Namibia has been awarded the title of Top Employer in Namibia and Africa for 2026 by the Top Employers Institute, the second consecutive year the bank has received this recognition. The certification recognizes FNB's data-driven people strategies, modern workspaces, flexible working models, wellness programmes, and commitment to attracting and retaining top talent.

    19 January 2026 · New Era →

Saturday 17 January

  1. FNB Namibia named top employer in Namibia and Africa

    First National Bank (FNB) Namibia has been awarded top employer in Namibia and Africa for 2026 by the Top Employers Institute for the second consecutive year, following an independent assessment of HR practices including people strategy, work environment, talent acquisition, learning, and employee well-being.

    17 January 2026 · The Namibian →

Saturday 10 January

  1. Banking and telecoms stocks drive NSX gains despite muted trading

    Banking and telecommunications stocks led gains on the Namibia Securities Exchange in 2025, with Standard Bank Holdings, Capricorn Group, and FirstRand Namibia recording the highest price returns, although overall trading activity remained subdued as the second-lowest year for local value traded since 2012.

    10 January 2026 · The Namibian →

FirstRand Namibia Limited — Namibian press coverage · Namibia Minute