Also known as: Nedbank Group · Nedbank Namibia Limited · NBN
Namibian bank sponsoring culinary competitions, road-running events, amateur golf tournaments, and business conferences; reports 91% digital banking adoption among customers.
Key points drawn from coverage. Tap a point to see the original sentence.
Windhoek Observer
Nedbank Namibia led debt funding for the Tumas Uranium Project
“The Tumas Uranium Project moved closer to a final investment decision after securing debt funding led by Nedbank.”
Mining sector sustains more than 166 000 jobsThe Namibian
Nedbank partnered to create league structure for Desert Ice T20 Challenge
“This is a private initiative from some of our clubs that incorporated a new competition during our off season, and it's great that Nedbank partnered with them to create a league structure for this.”
Women cricketers playing men’s leagueThe Namibian
Nedbank Namibia is title sponsor of Nedbank Desert Dash
“Title sponsor Nedbank Namibia, said the Nedbank Desert Dash remains a cornerstone of its commitment to sport, wellness, and community development.”
Entries to open for the 2026 Nedbank Desert DashWindhoek Observer
Nedbank Namibia recorded impairment growth of 167% between June 2015 and December 2025
“Bank Windhoek's impairments increased by 252%, while Nedbank Namibia recorded growth of 167%.”
Banks recover from pandemic impairment surgeWindhoek Observer
Nedbank is acting as lead arranger for the Tumas project's debt financing package
“Nedbank is acting as lead arranger for the project's debt financing package.”
Major mining developments continued to advance in 2025Windhoek Observer
Nedbank Namibia held client engagement meetings in Rundu and Katima Mulilo
“Nedbank Namibia held client engagement meetings in Rundu and Katima Mulilo as part of its annual Managing Director Roadshow aimed at strengthening relationships with communities and businesses across the country.”
Nedbank engages clients in Rundu and KatimaThe Namibian
Nedbank Namibia received 2025 STP award from Commerzbank
“NEDBANK Namibia has received the 2025 straight through processing (STP) award from Commerzbank for its efficient cross-border payment services, marking its sixth win of the accolade.”
Nedbank scoops sixth Commerz bank STP award•New Era
Nedbank Namibia and Nedbank Corporate and Investment Banking have reaffirmed commitment to supporting NamPower's energy transition through sustainable framework financing
“Nedbank Namibia and Nedbank Corporate and Investment Banking (CIB) have reaffirmed their commitment to supporting Namibia Power Corporation's (NamPower) – Namibia's national scale power utility provider – energy transition through sustainable, transparent and longterm framework financing solutions at the 2026 Cirrus Investor Conference, where the strategic partnership with NamPower was highlighted.”
Nedbank, NamPower showcase sustainable framework financingThe Namibian
Nedbank Namibia worked closely with NamPower to craft sustainable finance framework
“the Nedbank team worked closely with NamPower to craft a new sustainable finance framework, aligning with the United Nations Sustainable Development Goals and other international benchmarks.”
NamPower lists N$5 billion on NSXNew Era
Nedbank Namibia served as co-lead arranger on the DMTN Programme listing
“Namibia Power Corporation (NamPower), in partnership with its two co-lead arrangers, Cirrus Securities and Nedbank Namibia Limited, yesterday successfully listed a N$5 billion Domestic Medium-Term Note (DMTN) Programme on the Namibia Securities Exchange (NSX).”
NamPower lists N$5b note on NSX …marks significant milestone in utility’s financing journeyThe Nedbank Citi Dash, a major road-running event on the spring calendar, will take place on Sunday at Windhoek High School's Vegkop Stadium and is expected to attract more than 2,000 runners. The sixth edition features elite 10km runs with qualifying times, a 10km fun run, and a 5km family run, with the weekend starting Saturday with a LiveXpo race village.
3 September 2026 · New Era →
The Nedbank Citi Dash, a major road-running event on the spring calendar, will take place on Sunday at Windhoek High School's Vegkop Stadium and is expected to attract more than 2,000 runners. The sixth edition features elite 10km runs with qualifying times, a 10km fun run, and a 5km family run, with the weekend starting Saturday with a LiveXpo race village.
3 September 2026 · New Era →
The sixth edition of Namibia's Nedbank Citi Dash will take place at Windhoek High School's Vegkop Stadium on 6 September, expected to attract over 2,000 runners across elite, recreational, and family categories.
3 September 2026 · The Namibian →
Lucia Gideon, Saima Shipululu, and Loise Imvula won the northern preliminary round of the Nedbank Kapana Cook-Off in Oshakati, competing against 46 other vendors, and will advance to the national final where they will compete for business development prizes.
3 September 2026 · Windhoek Observer →
Nedbank Group has received approval from the Central Bank of Kenya for its proposed acquisition of approximately 66% of NCBA Group Plc. The South African banking group expects to receive remaining regulatory approvals by the end of the third quarter of 2026.
2 September 2026 · Windhoek Observer →
Running in Namibia has evolved from a recreational activity into a national movement, with more than 40 running events hosted annually and running club memberships surging post-pandemic. Local running clubs like AE Gams Sport Club and Teamwork Training Network (TTN) Runners Club provide structure and community for participants across age groups.
27 August 2026 · New Era →
Namibia is experiencing a surge in recreational running participation, driven by pandemic-era outdoor exercise freedoms and a global shift toward mental health and community fitness. The country now hosts more than 40 running events annually, with participation growing rapidly across all age groups and communities.
27 August 2026 · The Namibian →
The Nedbank for Good Series, a premier amateur golf tournament, begins its coastal leg on 29 August, running through 12 September across three venues in Swakopmund, Walvis Bay, and Henties Bay. Since its 2020 inception, the series has raised close to N$1.5 million for charitable causes while reaching more than 70% of Namibia's golfing fraternity.
25 August 2026 · The Namibian →
The Nedbank for Good Series will hold three amateur golf tournaments along the coast in Swakopmund, Walvis Bay, and Henties Bay from 29 August to 12 September. Since 2020, the series has raised nearly N$1.5 million for charitable causes and reached more than 70% of Namibia's golfing fraternity, with 2026 funds supporting Agra ProVision's agricultural training initiatives.
25 August 2026 · New Era →
Nedbank Namibia hosted members of the Diplomatic Corps, government representatives, and business leaders to strengthen stakeholder relationships and explore how financial institutions can support cross-border engagement and connect international stakeholders with local expertise and business networks.
25 August 2026 · Windhoek Observer →
Khomas Grove Mall (Funky Town), a retail hub in Khomasdal with an 80–85% occupancy rate and strong anchor tenants, has struggled to fill secondary lifestyle, dining, and boutique spaces on its upper floors, though ground-floor retail remains fully occupied.
19 August 2026 · The Namibian →
Police are investigating several housebreaking and theft cases across Namibia, including an incident in Windhoek where suspects allegedly tied up a woman and used her phone to access her banking application, stealing items worth more than N$51,000. Four men were arrested in Okahandja after police found housebreaking implements in their vehicle, while other incidents were reported in Ondangwa and Otjomuise.
17 August 2026 · Informanté →
The Prosecutor General has filed a forfeiture application to permanently seize a red Volkswagen Golf valued at N$160,000 linked to a man alleged to have scammed an American investor of approximately N$728,044.50 through a fake diamond sale using false identities.
14 August 2026 · Informanté →
Nedbank Namibia reaffirmed its commitment to supporting the country's mining sector through participation in the Namibia Chamber of Mines Mining Expo, where President Netumbo Nandi-Ndaitwah visited the bank's stand and discussed the vital role of partnership, investment and sustainable growth in advancing Namibia's mining industry.
7 August 2026 · Windhoek Observer →
Nedbank Namibia reports that 91% of its customers are actively using digital banking channels, with the bank noting that digital adoption has become a key driver of business growth. The bank also increased the proportion of customers who use Nedbank as their primary bank to 42%.
6 August 2026 · The Namibian →
Asnath Vetamunisa, Laura Egumbo and Meameno Ntinda won through a preliminary round in Swakopmund to reach the grand finale of the 2026 Nedbank Kapana Cook-Off, where they will compete for a prize package including a mobile kapana kitchen valued at N$10,000 and a N$5,000 Bakpro voucher. The competition, now in its twelfth year, combines culinary excellence with business development training for informal vendors.
6 August 2026 · Windhoek Observer →
The state in the trial of eight people facing 1,583 criminal charges related to alleged customs fraud involving more than N$3 billion has been granted a final postponement to call London-based chartered accountant Roy Waligora as an expert witness. The judge wants the state's case to conclude by mid-December, with trial resuming 16–26 November.
29 July 2026 · The Namibian →
A cross-border payment occurs when money is sent or spent in another country, involving currency conversion and fees from banks and payment networks such as Visa, Mastercard, and SWIFT. When using a debit or credit card overseas, transactions incur a currency conversion cost influenced by exchange rates and a cross-border transaction fee charged by the bank.
29 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 →
A mathematics support programme implemented by the Namibia Mathematics Institute with FirstRand Namibia Foundation funding has reached approximately 40 000 grade 10 and 11 learners across Namibia by training about 200 teachers in eight education regions over five years, equipping educators with practical classroom skills and learning resources.
17 July 2026 · Windhoek Observer →
A mathematics support programme implemented by the Namibia Mathematics Institute and funded by the FirstRand Namibia Foundation has reached an estimated 40,000 grade 10 and 11 learners across Namibia by training teachers with practical classroom skills and learning resources over five years.
17 July 2026 · Windhoek Observer →
The Bank of Namibia won a Supreme Court appeal upholding its decision to forfeit more than N$40 million in a Nedbank Namibia account belonging to retired Democratic Republic of Congo general François Olenga to the state, reversing a High Court decision from June last year that had set aside the forfeiture.
9 July 2026 · The Namibian →
Nedbank Namibia has launched the 2026 Nedbank Kapana Cook-Off Competition, designed to empower informal food vendors and professional chefs by transforming culinary talent into sustainable businesses. The competition will feature three regional rounds in Swakopmund, Oshakati, and Windhoek in August and September, with a grand finale on 3 October in Katutura, Windhoek.
30 June 2026 · Windhoek Observer →
Organisers of the 2026 Nedbank Citi Dash aim to attract 5,000 participants when the running event returns to Windhoek on 5 and 6 September at Vegkop Stadium. The event has grown from a city race into a platform promoting health, fitness and community engagement, with participation rising to over 3,000 in recent years.
18 June 2026 · New Era →
The sixth edition of the Nedbank Citi Dash, scheduled for 6 September, aims to break through 5,000 entrants by adding 5km and 10km races. The event has grown from 2,400 participants in 2024 to about 3,000 in 2025, with reduced entry fees for under-18 athletes to encourage youth participation.
18 June 2026 · The Namibian →
NamPost has appointed banking executive Rivan Meyer as its Executive: Financial Services, effective 1 June 2026, to strengthen its financial services offering and accelerate digital transformation. Meyer brings more than 20 years of banking sector experience, including senior roles at FNB Namibia and Nedbank Namibia.
7 June 2026 · Informanté →
Namibia's mining sector sustained more than 166,000 direct and indirect jobs in 2025, with member companies employing 8,201 people in permanent positions and 97% of those roles filled by Namibians. The sector contributed N$7.96 billion in total wages and N$1.5 billion in PAYE tax, while spending N$23.97 billion on locally sourced goods and services.
1 June 2026 · Windhoek Observer →
Some of Namibia's top women cricketers are playing alongside male counterparts in the Nedbank Desert Ice T20 Challenge, where franchises compete for a N$50,000 prize. Teams can select players from age 14 and above, including women players on merit, providing additional exposure and skill development opportunities.
21 May 2026 · The Namibian →
Entries for the 2026 Nedbank Desert Dash, a 401 km mountain bike race across the Namib Desert, open in June with solo rider entries beginning 1 June, followed by 2-person and 4-person team entries on 8 June and 15 June respectively. The 22nd edition introduces e-bikes exclusively in the 2-person team category and caps that category at 100 teams.
20 May 2026 · The Namibian →
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.
19 May 2026 · Windhoek Observer →
The Chamber of Mines of Namibia reports that major mining projects including the Tumas Uranium Project, Twin Hills Gold Project, and Etango Uranium Project continued to progress in 2025, supporting the sector's role as a main economic driver, though rising policy uncertainty is starting to affect investor confidence.
7 May 2026 · Windhoek Observer →