Read the latest news from regional and global sources, presenting different voices and perspectives.

African central banks’ gold rush faces liquidity, price risks, Fitch unit says
Sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana, Tanzania and Nigeria...

Market Recap 21 to 27 July 2025
The Namibian Stock Exchange presented investors with divergent signals this week as the NSX Local index posted a modest gain of 0.11% to close at 749.3 points, while the NSX Overall Index retreated 0.60% to finish at 1792.1 points. Market...

Namibians mourn businessman, sportsman and pilot Van Dyk
Date: July 28, 2025 Staff Reporter NAMIBIANS from all walks of life are in mourning, with messages of condolence pouring in following the tragic death of Jaco Nicolaas van Dyk – the businessman, pilot, and former rally driver who died in a motor...

Namibia’s Offshore Oil Dreams Are Taking Shape
Portugal’s Galp Energia has begun receiving offers for its massive Mopane oil discovery off Namibia’s coast, signaling that one of Africa’s most promising new hydrocarbon frontiers could be edging closer to commercial production. The company told...

Austin Elindi says he fears Windhoek Correctional Facility due to reservist past
Staff Reporter AUSTIN Elindi, the owner of Erongo Petroleum, a suspect who is embroiled in the National Petroleum Corporation of Namibia (Namcor) N$480 million fraud and corruption trial, during his first appearance today expressed fear when...
Financial stress is the new normal
Mignon du Preez For over half of Namibia’s working force, pressure is an immediate reality and not a short-term phenomenon. 52% of Namibian employees report that they are under stress financially, according to the 2024 Old Mutual Financial...

Hamukwaya says policy allowed her to give credit beyond set limit of N$15 million
Zorena Jantze JENNIFER Hamukwaya, the financial executive ensnared in a fraud and corruption case involving some N$480 million in relation to the National Petroleum Corporation of Namibia (Namcor), has said that Namcor’s credit policy allowed her...

Hamukwaya points finger at husband in reception of alleged bribery funds
Zorena Jantze JENNIFER Hamukwaya, the former Executive of Finance and Administration at Namcor, has denied claims that she received bribes of up to N$1.4 million, asserting that she did not receive any money into her personal accounts from...
Gold rush by African central banks carries liquidity and price risks, says Fitch’s BMI unit
Nairobi — Sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana, Tanzania and...
Namibia to roll out green finance, expand capital markets under new strategy
WINDHOEK, July 29 (Xinhua) -- Namibia will introduce new green finance products, expand domestic capital markets, and modernize its financial infrastructure by 2035 as part of its long-term financial sector reform strategy. The government's...

Clean-up day at Windhoek’s Single Quarters sparks smiles, gripes and calls for better toilets
A clean-up campaign was held at Single Quarters, also known as Oshetu Community Market, in Windhoek on Wednesday. The event was organised by the City of Windhoek, which says the market undergoes a thorough cleaning every Wednesday to maintain a...
Business Analysis: ZAMPOST at a Crossroads — Legacy Infrastructure vs. Digital Opportunity
Business Analysis: ZAMPOST at a Crossroads — Legacy Infrastructure vs. Digital Opportunity. ZAMPOST, Zambia’s long-standing postal and courier service, is increasingly finding itself at the center of national conversation not for its triumphs, but...

Shameful Corruption: A Cry for Help
ONCE AGAIN, A shameful corruption scandal has dragged the ‘Land of the Brave’ deeper into Africa’s growing crisis of misgovernance. Namibia is at risk of becoming the ‘Land of the Corrupt’, as scandal after scandal emerges – a staggering reality...

Eenhana Expo a Call for Local Enterprise Growth
By: Patemoshela Lukolo The 15th Eenhana Expo officially opened this week under the theme ‘Advancing Innovation and Diversification,’ positioning itself as a platform for inclusive growth and strategic economic engagement in northern Namibia....

Mapping organized criminal economies in East and Southern Africa
East and Southern Africa (ESA) is a pivotal node for organized crime, connecting regional criminal markets to global networks. From the shores of Somalia to border crossings and international air and seaports in Ethiopia, Kenya, Tanzania,...
Financial sector misses local ownership target by 5%
Justicia Shipena The financial sector has underperformance in several areas, with local ownership and control reaching only 20% against a target of 25% in the last ten years. This shortfall indicates limited local participation in the financial...

Has Noa’s Ark finally found its direction?
For nearly two decades, Paulus Noa has stood at the eye of the storm. Critics have long accused him of doing too little, too late. For years, Namibians wondered whether Noa’s ark was adrift. Today, it seems to be navigating with intent. Whether it...

UAE's non-oil foreign trade hits $462.8bn in first half, defying trends
The UAE's non-oil foreign trade rose by 24 per cent annually in the first six months of 2025, bucking the global trend as the Emirates continues to diversify its economy and forge trade deals across continents. The value of aggregate non-oil...

Rauna Paulus: From headaches to heroics on the track
Rauna Paulus overcame early health challenges to become a prominent Namibian long-distance runner, representing the country at regional athletics competitions. The Oupumako village-born former athlete battled an excruciating headache every time...

‘Stop misleading and misplacing facts’
Gobabis-based Young African FC owner Marley Ngarizemo condemns the Namibia Football Association’s media statement earlier this week as “misleading and misplacing facts”. Despite the media release, titled ‘NFA and NPFL Clubs are aligned to advance...