Business & Economy
Stay updated with the latest business news in Namibia. The Brief delivers comprehensive coverage on corporate developments and market trends affecting you.
City of Windhoek seeks 10.4% electricity tariff hike
The City of Windhoek has proposed a 10.4% electricity tariff increase to the Electricity Control Board...
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Namibia’s annual inflation slows to 4.9% in May
Namibia's annual inflation rate dipped to 4.9% in May 2024, from 6.3% recorded in May 2023,...
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Moody’s upgrades Namibia’s outlook to positive
Moody's Ratings has upgraded Namibia's sovereign credit rating outlook from stable to positive, maintaining the current...
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Oil & gas drives Namibia’s N$73bn FDI surge
Namibia attracted N$73 billion in foreign direct investments (FDI) between 2021 and 2023, with 45% of...
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Namibia vehicle sales thrive with 4,402 units sold despite high interest rates
Vehicle sales in Namibia have continued to rise in 2024, with 4,402 units sold year-to-date, despite...
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Namibia introduces N$18 national minimum wage across key sectors
The Cabinet has approved a national minimum wage of N$18 per hour, starting in January 2025....
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Namibia’s startup ecosystem climbs to 8th position in Africa
StartupBlink, a platform analysing over 150,000 startups quarterly, ranks Namibia 8th in Africa surpassing Ghana and...
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Namibia attracts N$73bn in FDI over 3 years
The Namibia Investment Promotion and Development Board (NIPDB) says the country attracted N$73 billion in foreign...
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Nedbank promotes employee entrepreneurship with inaugural market day
Nedbank Namibia hosted its inaugural employee market day, a platform for staff to showcase and sell...
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Procurement Board to look into direct procurement viability
The Central Procurement Board of Namibia (CPBN) says it will investigate the viability of direct procurement...
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