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Two rate cuts expected in 2026

Two rate cuts expected in 2026

Chamwe Kaira Simonis Storm says credit and liquidity data for December 2025 show that monetary easing is continuing to filter through to the real economy, although at a measured and uneven pace as once-off liquidity effects linked to the Eurobond redemption fade. Private sector credit growth eased slightly to 4.4% year on year in December 2025, down from 4.5% in November.  This points to a gradual loss of momentum as the year came to an end. Despite the slowdown, Simonis Storm said credit growth remains well above the weak levels seen in 2023 and early 2024. This suggests an improvement…
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Namibia stocks edge higher as JSE falls

Namibia stocks edge higher as JSE falls

Chamwe Kaira The Namibian Securities Exchange (NSX) overall index closed higher in the week ended 30 January 2026, rising 0.85% to 2 259.63 points from 2 240.49 the previous week, supported by gains across several sectors. The NSX Local Index also edged up, increasing 0.15% to 811.16 points. The index delivered an actual dividend yield of 8.54% and has shown limited movement since December 2025. In contrast, the JSE all share index declined over the same period. The index fell 1.83% week on week to 120 046 points from 122 281. Despite the weekly drop, it remained 3.64% above its…
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Pepkor revenue rises nearly 13% in first quarter of FY26

Pepkor revenue rises nearly 13% in first quarter of FY26

Staff Writer Pepkor Holdings Limited reported a 12.9% increase in group revenue from continuing operations to N$29.9 billion for the three months ended 31 December 2025.  The growth was supported by acquisitions, strong credit growth, and improved trading across several divisions. Excluding acquisitions completed during 2025, group revenue increased by 8.3%.  Group sales rose by 10.6% for the quarter, or 5.2% excluding acquisitions, while like-for-like sales increased by 3.0%. In Southern Africa, excluding PEP Africa and Avenida, like-for-like sales grew by 2%. This followed a strong comparison base of 9.6% growth in the same quarter last year. Outside Southern Africa,…
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President faces backlash over family oil question

President faces backlash over family oil question

Allexer Namundjembo President Netumbo Nandi-Ndaitwah is facing mounting criticism after freelance journalist and founder of The Whistle Jemima Beukes was removed from State House while attempting to ask a question related to public concerns about the oil industry during the opening of Cabinet on Monday. Beukes was removed from State House by security personnel after posing a question to Nandi-Ndaitwah. Beukes attempted to ask the question based on allegations relating to the President’s family’s involvement in the oil sector. The Namibia Media Professionals’ Union (Nampu) condemned the incident. “While attempting to fulfil her professional duty by questioning President Netumbo Nandi-Ndaitwah…
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Seaflower told to stop fishing for files

Seaflower told to stop fishing for files

Justicia Shipena  The High Court has dismissed an application by Seaflower Whitefish Corporation Ltd to force further disclosure of documents in its loan dispute with Spanish company Copemar. The court ruled that the documents sought are not relevant to the case before the court. Copemar is suing Seaflower for more than N$53.9 million under a written loan agreement signed in November 2019.  It claims it advanced N$51 million to Seaflower to help fund the construction of the fishing vessel MFV Olupale and that the amount, together with interest and currency compensation, became payable in July 2021. Seaflower denies liability. It…
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Katima resident loses bid to stay on disputed land

Katima resident loses bid to stay on disputed land

Allexer Namundjembo  The High Court has ordered a Katima Mulilo resident and others to leave a disputed property after ruling that they had no legal right to occupy the land.  The court found they were not entitled to compensation because they failed to prove they had made lawful improvements to the property. Balwizi Lorraine Mubonenwa, the registered owner of Erf 1049, Katima Mulilo Extension 5, brought the case.  Balwizi Lorraine Mubonenwa approached the court to evict Mavis Mulite Muyakale and all other occupants.  High Court judge Beatrix de Jager, in her judgement dated 16 January, explained that once ownership and…
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Foreign visitors to pay more at national parks

Foreign visitors to pay more at national parks

Renthia Kaimbi The Ministry of Environment, Forestry and Tourism has revised entrance and conservation fees for national parks. This follows a public consultation process. The new fees will start applying from 1 April 2026. The ministry's deputy executive director, Colgar Sikopo, thanked stakeholders who participated in the review and said the changes are aimed at supporting the long-term sustainability of the country’s conservation efforts. The revised fees introduce a tiered system based on nationality, age and vehicle type.  The largest increases apply to visitors from outside the Southern African Development Community (SADC). The new charges will apply to major parks,…
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NYDF opens purse with N$8.6m for youth businesses 

NYDF opens purse with N$8.6m for youth businesses 

Staff Writer  The National Youth Development Fund (NYDF) has approved N$8.6 million in funding for youth-owned businesses.  The latest funding round, which took place from 1 November 2025 to 30 January 2026 and has been channeled to 30 businesses.  This followed an earlier approval of N$5.3 million for 16 businesses announced at the official launch of the NYDF. The funded enterprises operate in sectors that include auto mechanics, construction, tourism, catering, car wash services, mobile food trading, legal services, fashion and cosmetics, transport and shuttle services, media, health, education, ICT, welding and metal fabrication, accounting, event management, restaurants, guesthouses, funeral…
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Rundu councillor plans expansion of learner support initiative 

Rundu councillor plans expansion of learner support initiative 

Allexer Namundjebo Rundu councillor Patrick Kufuna has plans to expand the Kavango Kickstart Tour.  This is an initiative he launched to support learners with life-skills education and motivation beyond the classroom and has called on sponsors to support the programme. Kufuna said he started the tour in 2023 after noticing that many learners need guidance on issues not covered in textbooks. The programme brings together nurses, social workers, police officers and youth activists to speak to learners about crime prevention, mental health, road safety and hygiene. Kufuna said the tour uses music and performance to deliver these messages in a…
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Masake urges citizens to spend holidays farming

Masake urges citizens to spend holidays farming

Renthia Kaimbi The deputy minister of agriculture, Ruthy Masake, encouraged Namibians to use holidays and free time to work in agricultural fields instead of staying in towns.  She said practical farming work is important to help secure the country’s food supply. Working the land, according to Masake, is a national responsibility that not only supports households but also strengthens food production. “Fellow Namibians, instead of spending our holidays in towns, we should enjoy our time in the field. Let’s get dirty for some time. In the process, we’re going to become one of the producers of food,” she said over…
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