Business Express

08/09/2025

Government's liquidity improves by N$1.1 billion

Namibia’s net government liquidity position improved markedly in July, climbing by NAD1.1 billion to reach NAD10.4 billion—its highest level since October 2021. This encouraging development comes amid a backdrop of steady Private Sector Credit Extension (PSCE), which held firm at 5.7% year-on-year, unchanged from June. The improved fiscal standing offers a glimmer of optimism even as the economy navigates a mix of domestic and external challenges.

Namibia’s net government liquidity position improved markedly in July, climbing by NAD1.1 billion to reach NAD10.4 billion—its highest level since October 2021. This encouraging development comes amid a backdrop of steady Private Sector Credit Extension (PSCE), which held firm at 5.7% year-on-ye...

08/09/2025

Three reports released supporting Namibia's green hydrogen ambitions

The GreeN-H2-Namibia project has published three new reports that together provide key insights for Namibia's emerging green economy. Covering topics from Power-to-X (PtX) technologies to regional water infrastructure, the reports address both technical and socio-economic challenges that decision-makers face in building a sustainable hydrogen sector.

The GreeN-H2-Namibia project has published three new reports that together provide key insights for Namibia's emerging green economy. Covering topics from Power-to-X (PtX) technologies to regional water infrastructure, the reports address both technical and socio-economic challenges that decision-ma...

08/09/2025

Beyond the national average: New Census maps reveal Namibia’s stark divide in healthcare and connectivity

In a landmark release of data, the Namibia Statistics Agency (NSA) has laid bare the profound inequalities in access to basic services across the nation, providing an unprecedented, granular view of the challenges and opportunities that define each region. The findings, drawn from the 2023 Population and Housing Census, show that while the national picture often appears promising, the reality on the ground varies dramatically depending on one’s postal code.

In a landmark release of data, the Namibia Statistics Agency (NSA) has laid bare the profound inequalities in access to basic services across the nation, providing an unprecedented, granular view of the challenges and opportunities that define each region. The findings, drawn from the 2023 Populatio...

08/09/2025

Namibia’s trade near equilibrium in July 2025, yet underlying vulnerabilities and opportunities emerge

Namibia’s international trade performance for July 2025 presented a picture of remarkable balance, with exports and imports both standing at N$12.6 billion, resulting in a marginal trade deficit of just N$58 million. This near-equilibrium marks a significant shift from the N$856 million surplus recorded in June and a substantial improvement from the N$2.0 billion deficit witnessed in the same month last year. However, a deeper dive into the latest International Merchandise Trade Statistics Bulletin, published by the Namibia Statistics Agency (NSA), reveals an economy still navigating the tightrope between mineral-dependent exports and a heavy reliance on imported manufactured goods, while simultaneously carving out a niche as a regional trade intermediary.

Namibia’s international trade performance for July 2025 presented a picture of remarkable balance, with exports and imports both standing at N$12.6 billion, resulting in a marginal trade deficit of just N$58 million. This near-equilibrium marks a significant shift from the N$856 million surplus re...

08/09/2025

Golden Deeps triggers high-tech surveys on buried Namibian treasure

Golden Deeps is charging up for high-powered geophysical surveys at its Graceland prospect in Namibia to uncover high-grade copper, silver and germanium-rich sulphide deposits lurking at depth.

The surveys will follow up recent mouthwatering rock chip results from the broader Central Otavi project, with freshly discovered gossans throwing up bonanza grades up to 50.6 per cent copper, a staggering 7792 grams per tonne (g/t) silver and 224g/t germanium.

Golden Deeps is charging up for high-powered geophysical surveys at its Graceland prospect in Namibia to uncover high-grade copper, silver and germanium-rich sulphide deposits lurking at depth. The surveys will follow up recent mouthwatering rock chip results from the broader Central Otavi project,....

08/09/2025

Ghana, Namibia in talks on aviation safety MoU

Ghana’s Aircraft Accident and Incident Investigation and Prevention Bureau (AIB) is in discussions with Namibia’s Directorate of Aircraft Accident and Incident Investigation on a bilateral memorandum of understanding (MoU) to deepen cooperation in aviation safety oversight.

The Namibian delegation, led by Acting Director Philippine Lundama, is in Accra to study Ghana’s accident investigation systems and explore opportunities for technical collaboration. Areas under review include wreckage management, manuals, protective equipment, and specialised investigative tools.

Ghana’s Aircraft Accident and Incident Investigation and Prevention Bureau (AIB) is in discussions with Namibia’s Directorate of Aircraft Accident and Incident Investigation on a bilateral memorandum of understanding (MoU) to deepen cooperation in aviation safety oversight. The Namibian delegati...

08/09/2025

Ethiopia to support Namibia in expanding national air transport network

Ethiopia has committed to assisting Namibia in developing its national air transport network, following a meeting between transport ministers from both countries.

Alemu Sime (PhD), Ethiopia’s minister of transport and logistics, hosted a delegation led by Namibia’s Minister of Works and Transport, Veikko Nekundi, to discuss technical cooperation and strategic partnership in aviation. Discussions focused on upgrading airport infrastructure, increasing flight frequencies, and establishing a modern air transport framework to support economic growth.

Ethiopia has committed to assisting Namibia in developing its national air transport network, following a meeting between transport ministers from both countries. Alemu Sime (PhD), Ethiopia’s minister of transport and logistics, hosted a delegation led by Namibia’s Minister of Works and Transpor...

08/09/2025

Closely-watched Namibia well set to enter reservoir in October

ReconAfrica's closely-watched second exploration well onshore Namibia is expected to enter the targeted reservoir next month.

The high-risk Kavango West-1X probe spudded on 31 July in the frontier Kavango basin of northeast Namibia.

This is the second well to be drilled in Petroleum Exploration Licence 73 by the Toronto-listed junior after last year's unsuccessful Naingopo-1X wildcat.

ReconAfrica's closely-watched second exploration well onshore Namibia is expected to enter the targeted reservoir next month. The high-risk Kavango West-1X probe spudded on 31 July in the frontier Kavango basin of northeast Namibia. This is the second well to be drilled in Petroleum Exploration Lice...

08/09/2025

American buyer pays more than N$34 million for Namibian meteorite in Noordwijk

In a remarkable sale that far exceeded expectations, an American buyer has acquired a monumental 240-kilogram iron meteorite of Namibian origin for a staggering sum of more than N$34 million (€1.7 million) at an auction conducted by Hessink's Fine Art Auctioneers in Noordwijk, the Netherlands. With the inclusion of the auction house fees, the final total paid by the purchaser will exceed N$40 million (€2 million), nearly doubling the pre-sale estimates.

In a remarkable sale that far exceeded expectations, an American buyer has acquired a monumental 240-kilogram iron meteorite of Namibian origin for a staggering sum of more than N$34 million (€1.7 million) at an auction conducted by Hessink's Fine Art Auctioneers in Noordwijk, the Netherlands. Wit...

08/09/2025

Africa’s first offshore salmon farming project edges closer in Luderitz

Sea-based salmon farming is set to launch in Africa for the first time, following a partnership between African Aquaculture Company and Norwegian equipment supplier AKVA group.

African Aquaculture has been secured a production licence for 51,000 tonnes of salmon positioning the development as one of the largest aquaculture projects in the southern hemisphere. The farm is planned to be located outside Lüderitz, Namibia, where ocean conditions are considered suitable for salmon, with stable currents and year-round temperatures between 10 to 16°C.

Sea-based salmon farming is set to launch in Africa for the first time, following a partnership between African Aquaculture Company and Norwegian equipment supplier AKVA group. African Aquaculture has been secured a production licence for 51,000 tonnes of salmon positioning the development as one of...

08/09/2025

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04/09/2025

City of Windhoek condemns disruptions at public meetings, reinforces non-political nature

The City of Windhoek has publicly denounced attempts by a small group of individuals to disrupt the first in a new series of public meetings, which commenced on 3 September 2025. The inaugural meeting for the Windhoek West Constituency was held at the Rocky Crest Multi-Purpose Centre.

In a media release issued on Thursday, the City expressed regret that while the majority of attendees participated constructively, a few deliberately attempted to undermine the proceedings. The municipality strongly discourages such behaviour, emphasising that these meetings are convened solely to provide a platform for open dialogue between the Council and the community on developmental and service delivery issues.

The City of Windhoek has publicly denounced attempts by a small group of individuals to disrupt the first in a new series of public meetings, which commenced on 3 September 2025. The inaugural meeting for the Windhoek West Constituency was held at the Rocky Crest Multi-Purpose Centre. In a media rel...