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Chamwe Kaira Credit and liquidity data for November 2025 show that monetary easing continues to support Namibia’s economy, though growth has slowed after one-off liquidity adjustments, according to financial services firm Simonis Storm. Private Sector Credit Extension (PSCE) slowed to 4.5% year on year in November, down from 4.7% in October.  The moderation reflects softer borrowing by both companies and households following liquidity effects linked to the Eurobond redemption.  Despite the slowdown, PSCE remains well above the weak levels recorded in 2023 and early 2024, pointing to improved credit conditions rather than a downturn. Simonis Storm expects PSCE growth to…

Staff Writer Anglo American plc has given an update on its portfolio restructuring plan announced on 14 May 2024, aimed at unlocking value and improving returns for shareholders. The mining group said it is making progress and meeting its post-offer commitments linked to Nickel, Anglo American Platinum, Steelmaking Coal, De Beers and Crop Nutrients. Anglo American confirmed it remains on track with the sale of its nickel business. The company announced on 18 February 2025 that it had signed a binding agreement to sell the business to MMG Singapore Resources Pte. Ltd, a subsidiary of MMG Limited, for cash consideration…

Chamwe Kaira Fuel consumption in Namibia increased during the third quarter of 2025, pointing to firmer economic activity, according to the Bank of Namibia’s (BoN) third-quarter economic indicators. BoN said total fuel consumption rose by 7.2% year-on-year to 320 million litres during the quarter.  The increase was driven by higher demand for diesel and petrol, which grew by 4.8% and 13.5%, respectively. On a quarter-on-quarter basis, total fuel consumption increased by 7.3%. Business registrations also recorded strong growth during the quarter. BoN, which treats business registrations as a leading indicator of future economic activity, reported that new registrations rose by…

Staff Writer Curro Holdings Limited, which operates three schools in Namibia, will be delisted from the Johannesburg Stock Exchange (JSE) after the implementation of a scheme of arrangement that enables its acquisition by the Jannie Mouton Stigting. Curro said all suspensive conditions linked to the scheme have been fulfilled or waived, making the transaction unconditional.  Shareholders approved the scheme by the required majority at a general meeting held on 31 October 2025. Under the transaction, shareholders listed on the register on the scheme consideration record date will receive payment made up of a cash portion and a share portion.  The…