Blog

Staff Writer  TransNamib Holdings Limited has approved a six-month trial of a dual-fuel locomotive powered by hydrogen and diesel in partnership with CMB.TECH. The trial will run for about 50 round trips along the Walvis Bay to Windhoek corridor.  It forms part of the company’s plan to reduce emissions and test new rail technology. TransNamib chief executive officer Desmond Van Jaarsveld said the trial will be assessed using a performance matrix that includes fuel use, reliability, efficiency, maintenance needs and cost. He said a decision on whether to expand the project will be made after the six-month evaluation. During the…

Staff Writer  Momentum Metropolitan Namibia has appointed Evangelina Nailenge as the executive for retail distribution, effective March. In this role, she will lead distribution strategy and focus on improving access to financial services through adviser and broker networks. Nailenge has more than 20 years of experience in the financial sector, including over a decade in executive roles.  She previously served as managing director of Momentum Investments Namibia, where she oversaw asset management, wealth and collective investment schemes.  During her tenure, the business recorded growth in assets under management and administration while improving client outcomes and retention. She has also served…

Wandile Sihlobo  Namibia, Botswana, and Mozambique are among the few countries that have recently introduced restrictions on South African agricultural exports. In the case of Namibia and Botswana, these are our customs union partners, the Southern African Customs Union (SACU). An important benefit of a customs union is the free movement of goods in the common customs area. All these countries, including Mozambique, have committed to removing all trade barriers by 2030 as part of the African Continental Free Trade Area (AfCFTA). Undoubtedly, trade restrictions undermine the spirit of trade integration. It also makes a mockery of commitments to liberalise…

Chamwe Kaira  Namibia’s banking sector maintained a strong liquidity position in 2025, supported by steady cash inflows and easing monetary policy, even as government borrowing increased, the Bank of Namibia (BoN) said. The overall cash position in the banking system rose by 5% to N$7.4 billion in 2025, compared to the average recorded in 2024.  This includes funds held locally and in South African accounts. The increase was driven by government spending and proceeds from diamond sales. Over the past five years, liquidity levels remained high. The 2025 figure is the second-highest after N$8.2 billion recorded in 2023.  The lowest…