The Brief

22/07/2025

Namibia’s financial system stable amid global uncertainty – BoN

The Bank of Namibia says the country’s financial system remains stable and resilient, with banks and other financial institutions well capitalised and capable of absorbing potential shocks.

Deputy Governor Ebson Uanguta said this following the first 2025 meeting of the Bank’s Macroprudential Oversight Committee (MOC), held on 21 July, which assessed current risks to financial stability.

Uanguta noted that both the banking and non-banking financial sectors “remained sound with sufficient capital and liquidity buffers,” adding that the country’s payment systems had also continued to operate efficiently without any disruptions.

https://thebrief.com.na/2025/07/namibias-financial-system-stable-amid-global-uncertainty-bon/

22/07/2025

Our Tuesday edition is out now – catch up on the latest business and finance news from Namibia. Read it here:
https://epaper.thebrief24.com/2025/July%202025/The%20Brief_22%20July%202025.pdf Follow our WhatsApp channel to get The Brief straight to your phone: 📷
https://www.whatsapp.com/channel/0029Va3Fe3j8V0twuTyCRm2g daily edition and stay updated with Namibia’s business and finance news, every weekday.

22/07/2025

Manufacturing sector to create 80,000 jobs by 2030

Namibia’s manufacturing sector is expected to create over 80,000 jobs by 2030, up from 53,491 in 2024, according to the newly launched Sixth National Development Plan (NDP6).

The plan outlines government’s strategy to make manufacturing a major source of employment, economic growth, and exports over the next six years.

The policy, launched by President Netumbo Nandi-Ndaitwah, aims to raise the sector’s share of GDP from 10.6% to 18%, while boosting its contribution to exports from 42% to 60%.

https://thebrief.com.na/2025/07/manufacturing-sector-to-create-80000-jobs-by-2030/ Ministry of Industrialisation and Trade

22/07/2025

Namibia targets to formalise 950 informal businesses by 2030

The Namibian government has announced plans to formalise 950 informal enterprises by 2030, up from a baseline of 310 in 2024, as part of its drive to transform the country’s informal economy under the newly launched Sixth National Development Plan (NDP6).

The initiative is aimed at strengthening the micro, small and medium enterprise (MSME) sector and forms part of broader efforts to achieve inclusive economic growth, increased competitiveness, and resilience.

According to the NDP6 document, the government aims to transition informal businesses into “productive, competitive, and resilient units capable of contributing meaningfully to national development.”

https://thebrief.com.na/2025/07/namibia-targets-to-formalise-950-informal-businesses-by-2030/

22/07/2025

Namibia targets 130,000ha farms, N$2.8bn in crop exports

Namibia plans to expand large-scale farming land from 11,200 hectares in 2024 to 130,000 hectares by 2030, according to the Sixth National Development Plan (NDP6).

The government also aims to increase the value of strategic crop exports from N$1.9 billion to N$2.8 billion over the same period.

The targets form part of a broader strategy to improve food self-sufficiency, reduce imports, and grow the agricultural sector’s contribution to the economy.

https://thebrief.com.na/2025/07/namibia-targets-130000ha-farms-n2-8bn-in-crop-exports/

22/07/2025

Beyond the feed: What social media gets right, and what it can’t do alone

By Angela Ndatipo

A few years ago, social media was considered the new frontier in marketing and communication.

Social media platforms promised brands a direct line to their audiences due to its setup of being fast, dynamic, and disruptive, in this respect it has delivered on this promise in more ways than one.

The Government Institutions Pension Fund (GIPF) has embraced this new and emerging technology as it has become a vital tool to share news, views, updates, and can respond to queries, and speak to our members in an engaging, personal, and accessible manner to many.

https://thebrief.com.na/2025/07/beyond-the-feed-what-social-media-gets-right-and-what-it-cant-do-alone/

22/07/2025

UNAM to establish School of Nuclear Science

The University of Namibia (UNAM) is finalising plans to establish a School of Nuclear Science Applications, which will focus on nuclear energy, medicine, and uses in agriculture and water technologies.

UNAM Pro-Vice Chancellor Ellen Namhila made the announcement during the launch of the Sixth National Development Plan (NDP6), stating that the move is part of efforts to provide scientific solutions that support national development.

“I am pleased to inform you that we are at an advanced stage of establishing a School of Nuclear Science Applications, which will include departments for Nuclear Energy, Nuclear Medicine, and Nuclear Applications in Agriculture and Water Technologies,” Namhila said.

https://thebrief.com.na/2025/07/unam-to-establish-school-of-nuclear-science/

22/07/2025

Green Schemes harvest 10,000t of maize with three new sites in pipeline

Namibia’s nine state-run Green Schemes have produced nearly 10,000 tonnes of maize by mid-June this year, with harvesting still ongoing, according to President Netumbo Nandi-Ndaitwah.

Presenting her 100-day progress report alongside the launch of the 6th National Development Plan (NDP6) on 21 July, Nandi-Ndaitwah said the schemes had yielded 9,947 tonnes of maize, 300 tonnes of potatoes and 39 tonnes of sunflower so far this season.

“All nine Green Schemes under the Ministry of Agriculture, Fisheries, Water and Land Reform, covering a total of 5,600 hectares of irrigable land, remain operational. As of this reporting period, 3,403 hectares are actively under cultivation, with harvesting currently underway. The aim is food security,” she said.

https://thebrief.com.na/2025/07/green-schemes-harvest-10000t-of-maize-with-three-new-sites-in-pipeline/

22/07/2025

Namibia’a Visa-on-Arrival system nets N$171 million in three months

Namibia has earned N$171 million in visa revenue between April and June this year, following the introduction of the Visa on Arrival system aimed at boosting tourism.

President Netumbo Nandi-Ndaitwah announced the figures during the launch of the 6th National Development Plan (NDP6) at the University of Namibia, revealing that 115,857 visas were issued during the three-month period.

“The Government implemented the Visa on Arrival system on 1 April 2025. I am proud to share that, as of 30 June 2025, visas totalling 115,857 have been issued, generating 171 million Namibian Dollars in revenue for the State,” she said.

https://thebrief.com.na/2025/07/namibiaa-visa-on-arrival-system-nets-n171-million-in-three-months/

22/07/2025

22/07/2025

Our Monday edition is out now – catch up on the latest business and finance news from Namibia. Read it here:
https://epaper.thebrief24.com/2025/July+2025/The+Brief_21+July+2025.pdf Follow our WhatsApp channel to get The Brief straight to your phone: 📷
https://www.whatsapp.com/channel/0029Va3Fe3j8V0twuTyCRm2g daily edition and stay updated with Namibia’s business and finance news, every weekday.

21/07/2025

Govt plans N$1.045 billion student village project in Windhoek

A government-backed student accommodation project, valued at N$1.045 billion, aimed at housing around 3,000 students in 11 residential blocks ranging between three and four storeys, is moving forward to address the persistent shortage of student housing in Windhoek.

The planned student village will be developed on a 16-hectare site in Khomasdal Extension 16.

The project will be delivered through a Public-Private Partnership (PPP) under a Design, Finance, Build, Operate, Maintain and Transfer model.

https://thebrief.com.na/2025/07/govt-plans-n1-045-billion-student-village-project-in-windhoek/