Business Express

17/09/2026

CRAN highlights growth in connectivity, digital services and ICT performance for quarter 2 of 2026

The Communications Regulatory Authority of Namibia (CRAN) has published the findings of its Quarterly Statistics Bulletin for Quarter Two (Q2) 2026, covering the period April to June 2026, which indicates continued growth in digital connectivity, internet usage, ICT sector revenues and employment, while also highlighting emerging cyber security risks and the ongoing decline in traditional fixed-line and postal services.

The telecommunications sector recorded positive growth during the quarter, with active mobile SIM card subscriptions increasing by 2% to approximately 2.79 million subscriptions. Mobile broadband subscriptions also grew by 2%, while total fixed broadband subscriptions increased by 1%, reflecting sustained demand for internet services across the country. Fibre connectivity continued to expand, reinforcing the gradual transition away from older technologies such as ADSL.

The Communications Regulatory Authority of Namibia (CRAN) has published the findings of its Quarterly Statistics Bulletin for Quarter Two (Q2) 2026, covering the period April to June 2026, which indicates continued growth in digital connectivity, internet usage, ICT sector revenues and employment, w...

17/09/2026

Nictus Holdings brings integrated automotive services to Hosea Kutako International Airport

Nictus Holdings has expanded its automotive service footprint to Hosea Kutako International Airport with the opening of a shared facility for Auas Motors, Glasfit and TrenTyre. Situated alongside its First Car Rental subsidiary, the development brings vehicle sales and support, automotive glass, tyre services and car rental into one accessible precinct.

Nictus Holdings has expanded its automotive service footprint to Hosea Kutako International Airport with the opening of a shared facility for Auas Motors, Glasfit and TrenTyre. Situated alongside its First Car Rental subsidiary, the development brings vehicle sales and support, automotive glass, tyr...

17/09/2026

Capricorn Group delivers N$1.87 billion profit after tax

Capricorn Group Limited today announced its audited annual results for the year ended 30 June 2026, highlighting the resilience of its diversified financial services portfolio and a stronger balance sheet. In a challenging operating environment, especially in Botswana, disciplined balance-sheet management, robust capital and liquidity levels, and continued growth in diversified income streams enabled the Group to create sustainable value for stakeholders.

Profit after tax was N$1.87 billion, 6.4% below the prior year as the Group navigated macroeconomic pressure, higher funding costs and weaker economic conditions in Botswana. The result demonstrates the value of the Group’s diversified portfolio and disciplined financial management in a demanding environment.

Capricorn Group Limited today announced its audited annual results for the year ended 30 June 2026, highlighting the resilience of its diversified financial services portfolio and a stronger balance sheet. In a challenging operating environment, especially in Botswana, disciplined balance-sheet mana...

16/09/2026

DBN opens applications for the 2026 Innovation Awards Windhoek

The Development Bank of Namibia (DBN) has announced that applications for the 2026 DBN Innovation Awards will open on 16 September 2026. The awards form part of the Bank’s flagship annual Good Business & Innovation Awards, which advance DBN’s mandate to promote sustainable economic growth by recognising DBN-financed enterprises that have delivered on their business commitments and innovators developing practical solutions to Namibia’s development challenges.

The Development Bank of Namibia (DBN) has announced that applications for the 2026 DBN Innovation Awards will open on 16 September 2026. The awards form part of the Bank’s flagship annual Good Business & Innovation Awards, which advance DBN’s mandate to promote sustainable economic growth by rec...

16/09/2026

CPBN and NaCC sign MoU to strengthen competition and integrity in public procurement

The Central Procurement Board of Namibia (CPBN) and the Namibian Competition Commission (NaCC) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in promoting fair competition, transparency and integrity within Namibia’s public procurement system.

The MoU was signed on Monday, 14 September 2026 in Windhoek and establishes a formal framework for the two institutions to prevent, detect and address anti-competitive practices that may undermine competition in public procurement and the effective use of public resources.

The Central Procurement Board of Namibia (CPBN) and the Namibian Competition Commission (NaCC) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in promoting fair competition, transparency and integrity within Namibia’s public procurement system. The MoU was signed on Monda...

16/09/2026

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16/09/2026

Namibia's supplier database: Connects local capability to industry opportunity

By Isabel von Oelhafen

The world-class offshore discoveries in the Orange Basin, paired with ambitious green energy developments, are positioning Namibia as one of the most exciting energy frontiers globally. Yet, the true measure of success for Namibia's energy transition will not be defined solely by production volumes or capital expenditure. It will be defined by local content, inclusive growth, and how embedded Namibian companies are in the value chain.

By Isabel von Oelhafen The world-class offshore discoveries in the Orange Basin, paired with ambitious green energy developments, are positioning Namibia as one of the most exciting energy frontiers globally. Yet, the true measure of success for Namibia's energy transition will not be defined solely...

16/09/2026

The effects of high temperatures on livestock, soil and plants

By Erastus Ngaruka

Heatwaves in Namibia are occasionally experienced, with temperatures exceeding 40⁰C recorded in some years, especially in the southern regions. Namibia is largely a dry country, which compromises optimal agricultural production. These challenges will be exacerbated by the imminent heatwaves. The predicted “El Nino” event is expected to negatively affect livestock, soil and plantsin various ways. Livestock production in Namibia is predominantly extensive foraging livestock are prone to heat stress and exhaustion. Crop production is equally affected because of the predominant dryland production system.

By Erastus Ngaruka Heatwaves in Namibia are occasionally experienced, with temperatures exceeding 40⁰C recorded in some years, especially in the southern regions. Namibia is largely a dry country, which compromises optimal agricultural production. These challenges will be exacerbated by the immine...

16/09/2026

Elia Halute wins N$50,000 with SanlamAllianz Extra Rewards

SanlamAllianz Namibia has officially handed over N$50,000 in cash to Elia Halute, the first winner of the SanlamAllianz Extra Rewards Prestige Funeral Cover Competition. The handover marks the first of six N$50,000 cash prizes that will be awarded to clients during the six-month campaign.

The competition forms part of the SanlamAllianz Extra Rewards programme, which is designed to extend value to clients beyond traditional financial protection by rewarding them throughout their journey with SanlamAllianz.

SanlamAllianz Namibia has officially handed over N$50,000 in cash to Elia Halute, the first winner of the SanlamAllianz Extra Rewards Prestige Funeral Cover Competition. The handover marks the first of six N$50,000 cash prizes that will be awarded to clients during the six-month campaign. The compet...

16/09/2026

Arkle Resources accelerates uranium push in Namibia as interim loss rises

Arkle Resources reported interim results for the six months to 30 June 2026, highlighting a transformational shift toward uranium exploration in Namibia’s Erongo province. The company completed the acquisition of an 85% interest in Namibia Uranium, secured four Exclusive Prospecting Licences covering 540 km², and advanced Phase 1 exploration faster than planned, culminating in a maiden reverse circulation drilling campaign.

Arkle Resources reported interim results for the six months to 30 June 2026, highlighting a transformational shift toward uranium exploration in Namibia’s Erongo province. The company completed the acquisition of an 85% interest in Namibia Uranium, secured four Exclusive Prospecting Licences cover...