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NSI wraps up talks on new standards rules

NSI wraps up talks on new standards rules

Staff Writer The Namibian Standards Institution (NSI) has concluded stakeholder consultations on the review and formulation of the standards regulations. The consultations took place in the Khomas and Erongo regions. They form part of a national process to strengthen Namibia’s standards and regulatory framework and ensure it responds to economic changes, technological developments and international regulatory practice. The current standards regulations were promulgated in 2013 after the Standards Act of 2005 came into effect. Since then, Namibia’s economic and regulatory environment has changed. Trade integration has increased. Industrial activity has expanded. Expectations for stronger regulation and market oversight have grown.…
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Credit cycle moderating in an orderly manner

Credit cycle moderating in an orderly manner

The January 2026 money and banking data show that the credit cycle is slowing in an orderly way. Liquidity conditions are normalising on a seasonal basis. The monetary environment remains supportive of growth. Private Sector Credit Extension (PSCE) growth eased to 4.2% in January from 4.4% in December. Simonis Storm said this does not signal a change in the underlying credit trend. Corporate credit growth softened but remains positive in most major sub-sectors, except commercial property finance. Borrowing patterns still point to investment in productive assets rather than speculative activity. Household credit has started to improve after a long period…
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Rich tomorrows start with brave todays

Rich tomorrows start with brave todays

Christopher Freygang There’s something almost magical about the early years of adulthood. Everything is new, everything is possible, and the future still feels wide open. But that same freedom can also make money feel like something you’ll “figure out later". It’s easy to think wealth is something older people build, once careers are settled and life feels less unpredictable. The truth is the opposite. Your younger years give you one of the most valuable financial assets you’ll ever have, and it’s not a fancy salary or an investment plan. It’s time. Wealth isn’t built overnight. It grows quietly, almost invisibly,…
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Truth must be faced head on: Power, terror and the crisis of moral consistency

Truth must be faced head on: Power, terror and the crisis of moral consistency

Paul T. Shipale (with inputs by Folito Nghitongovali Diawara Gaspar) “If the truth is not faced head on, the lie will not disappear. It will destroy everything.” In the short story The Suit (1963) by Can Themba, a betrayal is symbolised by an object left in plain sight. No one confronts it. No one removes it. It remains in the room silent, heavy, and corrosive until it destroys the household. Today, the international order feels like that room. A narrative sits at the centre of global politics: that powerful states act primarily in defence of freedom, stability, and global security…
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Sports betting: Why government must act now

Sports betting: Why government must act now

Psychologists are sounding the alarm: online gambling is rising sharply among young people, with a notable increase among young women. They warn that smartphones and social media have normalised gambling in a generation already weighed down by unemployment and financial pressure. In Namibia, this is not an abstract concern. It is a flashing red light. We have seen this movie before. In the late 1990s and early 2000s, Namibia witnessed the rapid proliferation of shebeens across the country. At the time, the argument was framed as progressive and economically empowering. Legalising and tolerating informal bars was presented as a pragmatic…
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Namibia’s restricted fishing zone not gazetted

Namibia’s restricted fishing zone not gazetted

Renthia Kaimbi The Ministry of Agriculture, Fisheries, Water and Land Reform (MAFWLR) has confirmed that the official coordinates of Namibia’s 200-metre isobath restricted fishing zone have never been formally gazetted. The 200-metre isobath restriction has been in place since 1990. It prohibits trawling and longlining in shallow waters along Namibia’s coast. The measure protects juvenile hake and horse mackerel, limits sardine bycatch, and preserves bottom habitats that serve as biodiversity hotspots. Unlike formally declared protected areas such as the Namibian Islands Marine Protected Area (NIMPA), established through detailed coordinates in Government Gazette No. 4210 of 16 February 2009, the isobath…
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Pensioners disappointed by N$100 grant increase

Pensioners disappointed by N$100 grant increase

Staff writer Pensioners have expressed disappointment and frustration at the N$100 increase in the monthly old-age grant, saying it does little to ease rising living costs. Finance minister Ericah Shafudah announced in the 2026/27 budget last week that the pension will increase from N$1 600 to N$1 700 from 1 April. The government said the adjustment reflects fiscal constraints and competing national priorities. Beneficiaries in Windhoek and the Zambezi region say the increase will not stretch far. “A N$100.00 cannot even afford enough electricity to last a day; it cannot even afford to buy enough food,” said 72-year-old Mary Nyambe…
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Women, youth grapple with online gambling

Women, youth grapple with online gambling

Staff Writer Online gambling is becoming a growing concern among young people, with more women affected as betting platforms expand through smartphones and social media. Psychologists and counsellors say easy access to betting apps and online advertising has normalised gambling among youth, many of whom face unemployment and financial pressure. Psychologist Margaret Liswaniso said the pattern of gambling has shifted in recent years. “What we are seeing is not just casual betting anymore,” she said. “For some young women, gambling has become a coping mechanism for stress and economic frustration. They are less likely to seek help early because of…
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EU and FIC launch national risk assessment workshop

EU and FIC launch national risk assessment workshop

Renthia Kaimbi Namibia has stepped up efforts to fight illicit finance, as the Financial Intelligence Centre (FIC), in partnership with the European Union (EU), launched a week-long national risk assessment workshop in Windhoek on Monday. The workshop runs until 6 March 2026. It focuses on strengthening how Namibia identifies and responds to money laundering, terrorism financing and proliferation financing risks. Illicit financial flows remain a concern across Africa. According to background information shared at the event, these flows are estimated at about USD 88.6 billion a year on the continent. They stem from tax evasion, corruption, organised crime and human…
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Industry leaders back new oil and gas data report

Industry leaders back new oil and gas data report

Allexer Namundjembo Namibia Oil and Gas last week unveiled its second biannual industry report, bringing together policymakers, executives, financial institutions and industry professionals to reflect on developments in the country’s oil and gas sector. The launch was supported by Africa Provider Offshore Services. The report provides data on exploration activity, key projects and supply-chain trends in the local energy market. It tracks sector growth and investor interest as Namibia’s offshore discoveries continue to shape the industry. Sanjay Korteweg, founding partner of Namibia Oil and Gas, said the publication aims to support collaboration and provide reliable information. “This biannual industry report…
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