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Chamwe Kaira  A rise in global oil prices caused by geopolitical tensions may increase pressure on fuel prices and inflation in Namibia in the coming months. An analysis by Simonis Storm Research said the increase in oil prices could also affect interest rate expectations in the region. Namibia imports all of its oil. This means changes in global crude prices quickly affect the domestic economy. Over the past ten days, the price of Brent crude oil has increased by more than US$30 per barrel. Analysts say this increase will likely feed into local fuel prices. The report said higher oil…

Chamwe Kaira  Namibia remains one of the main destinations for South African maize exports, although overall export activity from South Africa has slowed as the marketing year moves toward its end in April 2026. Agricultural economist Wandile Sihlobo said South Africa exported 39,584 tonnes of maize in the past week. About 14% of these shipments were sent to Namibia. Zimbabwe received the largest share of the exports at 52%. Botswana followed with 15%, while the remaining shipments went to other markets in the Southern African region. Despite these shipments, export volumes remain lower than expected for the season. South Africa’s…

Staff Writer A Namibian delegation joined regional leaders, energy experts and investors at the SADC Sustainable Energy Week 2026 held in Victoria Falls, Zimbabwe. The event was organised by the Southern African Development Community and brought together more than 800 participants. These included ministers, regulators, development finance institutions, private sector representatives and civil society organisations. The conference was held under the theme “Driving Regional Economic Growth through Clean Energy and Energy Efficiency". Namibia’s delegation was led by Moses Pakote, executive director of the Ministry of Industries, Mines and Energy. The delegation included officials and experts from government, the finance sector,…

Staff Writer  FNB Namibia has been named the Best Foreign Exchange Bank in Namibia in Global Finance magazine’s 26th Annual World’s Best Foreign Exchange Banks awards. The recognition forms part of the Gordon Platt Foreign Exchange Awards 2026, which honours banks for their performance in foreign exchange markets. Global Finance’s annual awards programme covers 87 countries, territories and districts, seven global regions and several global categories. The programme recognises institutions that perform well in foreign exchange services. Ian Erlank, head of global markets at RMB Namibia, said the award reflects the group’s work in foreign exchange services. “This award reflects…

Staff Writer  Namibia has reaffirmed its commitment to support women in aviation during the Women in Aviation Namibia summit held in Windhoek. The event brought together participants from government, industry, academia and civil society to discuss ways to increase women’s participation in the aviation sector. In a statement delivered by Prime Minister Elijah Ngurare, President Netumbo Nandi-Ndaitwah said Namibia will continue aligning national policies with regional and international frameworks that promote gender equality. “We will continue aligning national policies with regional and international frameworks promoting gender equality, including our obligations under SADC and the African Union,” she said. The president…