Kazembire Zemburuka

2024-08-212026-08-21

What’s been said

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

August 2024
21 AugThe Namibian
Kazembire Zemburuka says policies are designed to attract and retain foreign investment
Source
“"Our policies are designed to attract and retain foreign investment, contributing to the sustainable growth of Namibia's economy," says Zemburuka.”
Central bank assures oil investors of favourable exchange control policies

Business

Namibian economy grows to 2.0% in first quarter 2026

The News

During the first quarter of 2026, Namibia's domestic economic activity picked up to 2.0% growth from 0.1% in the final quarter of 2025, marking the eighteenth consecutive positive quarterly value since the second quarter of 2021. Growth was driven by tertiary industries including wholesale and retail trade, financial services, health, education, and public administration, along with strong agricultural performance supported by favourable rainfall and brisk fishing activity, though mining weakened and manufacturing contracted.

2 July 2026 · Informanté →

Thursday 2 July

Namibian economy grows to 2.0% in first quarter 2026
During the first quarter of 2026, Namibia's domestic economic activity picked up to 2.0% growth from 0.1% in the final quarter of 2025, marking the eighteenth consecutive positive quarterly value since the second quarter of 2021. Growth was driven by tertiary industries including wholesale and retail trade, financial services, health, education, and public administration, along with strong agricultural performance supported by favourable rainfall and brisk fishing activity, though mining weakened and manufacturing contracted.
2 July 2026 · Informanté →

Thursday 25 June

Bryan Eiseb nominated to lead Namibia's Anti-Corruption Commission
President Netumbo Nandi-Ndaitwah has nominated Bryan Eiseb, currently head of the Financial Intelligence Centre, to lead the Anti-Corruption Commission, with Prime Minister Elijah Ngurare tabling a motion in the National Assembly for parliamentary approval. Eiseb, 55, would succeed Paulus Noa, whose term as director general ends this month.
25 June 2026 · The Namibian →

Saturday 18 April

Bank of Namibia projects economy to grow 2.6% in 2026
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 →

Thursday 19 February

Three Bank of Namibia execs race for deputy governor post
Three Bank of Namibia executives—Nicholas Mukasa, Emma Haiyambo, and Florette Nakusera—have been shortlisted to fill the vacant deputy governor position; according to sources, Mukasa is the front-runner after the Public Service Commission submitted him as the top contender.
19 February 2026 · The Namibian →

Tuesday 10 February

Bank of Namibia bans money bouquets, threatens fines and jail
The Bank of Namibia warns that vendors making cash bouquets face fines up to N$50,000 or three years' imprisonment, citing damage to banknotes and harm to currency-sorting machinery. Small business owners say the surprise enforcement will devastate their livelihoods, particularly around Valentine's Day and other peak gift-giving seasons.
10 February 2026 · The Namibian →

Thursday 5 February

Namibia's money circulating at slowest pace in a decade
The velocity of money in Namibia—the speed at which cash circulates through the economy—has declined to 1.6 in 2025 from 1.8 in 2015, despite total money supply rising. The Bank of Namibia attributes the slowdown to people spending less on goods, services, and investments, and uses tools like bill issuance and repo facilities to manage liquidity.
5 February 2026 · The Namibian →

Monday 26 January

NBC denies plans to re-interview director general candidates
The Namibian Broadcasting Corporation has denied allegations that it intends to conduct re-interviews for the director general position, a role vacant since outgoing chief Stanley Similo's contract expired last year. NBC board chairperson Lazarus Jacobs said the recruitment process remains incomplete and that any claims about re-interviews are "speculation, innuendo and rumour mongering."
26 January 2026 · The Namibian →