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CHAMWE KAIRA The Namibia Stock Exchange (NSX) Overall Index advanced 1.38% on Monday, 15 June, closing at 2,391.77 points, supported by gains in the financials, real estate and basic materials sectors. The index rose by 32.65 points from the previous close of 2,359.13, leaving it 11.70% higher than its level at the end of December 2025. During the year, the Overall Index has traded between a low of 2,070.30 points and a high of 2,408.59 points. The NSX Local Index remained unchanged at 839.51 points, maintaining its year-to-date gain of 3.93%. The index offers an actual dividend yield of 9.60%.…

Staff Writer Acacia-Composites Manufacturers welcomed Asser Nashikaku, acting executive director at the ministry of international relations and trade (MIRT), together with his delegation, for an immersive tour of the manufacturing facility in Windhoek.  This high-level visit forms part of Namibia’s ongoing commitment to supporting export-ready manufacturers and creating new opportunities for Namibian innovation to reach global markets. Eike Bolm, business development manager at Acacia-Composites Manufacturers, welcomed the delegation and guided them through the company’s state-of-the-art operations, broad product range, and ambitious growth roadmap.  There were discussions about the ministry’s drive to connect local manufacturing excellence with international investors, partners, and…

Staff Writer FNB Namibia has reaffirmed its commitment to strengthening collaboration between the financial sector and policymakers, following a strategic engagement with the Governor of the Bank of Namibia, Ebson Uanguta, alongside senior FirstRand Group executives. At a time when Namibia’s growth trajectory is shaped by structural reform and emerging sector opportunity, the engagement highlighted the importance of coordinated action to unlock sustainable, broad-based economic progress. Discussions centred on the country’s outlook, with focus on evidence-based policymaking, economic diversification and translating opportunity into meaningful participation across the economy. The role of the financial sector in enabling high-growth industries, including oil…

Staff Writer  A sheep producers’ session scheduled for 22 July 2026 in Mariental will provide a platform for sheep farmers to engage on the future of the industry.  Discussions are expected to cover producer expectations, potential business models, ownership structures, export market opportunities, and ways in which producers can secure a stronger position within the value chain. The Namibian sheep industry, long built on resilience, innovation and the adaptability of its producers, is entering a pivotal moment as stakeholders consider its future direction in a changing economic and environmental landscape. Following a mandate from sheep producers at the 2024 Livestock…

Helene Vosloo From offshore drilling to fuel distribution, digitisation is revolutionising every stage of Namibia’s oil and gas value chain. As the country prepares for full-scale production, digital technologies are becoming central to building an efficient, safe, and globally competitive industry. The upstream sector, covering exploration and extraction, is where digitisation delivers immediate and profound impact.  Advanced geoscience platforms now combine seismic data, remote sensing, and machine learning to identify drilling targets with unprecedented accuracy. This significantly accelerates the discovery process while reducing costs and risks. Digital oilfields are also emerging, where sensors, automation, and real-time monitoring allow operators to…

Staff Writer  The International Air Transport Association (IATA) expressed frustration that revisions to EU261 (Europe’s passenger rights regulations) stopped short of the meaningful reform needed to address the regulation’s deep flaws. The result is a missed opportunity with little to improve the passenger experience and nothing to shore-up European competitiveness. The only substantial changes with respect to disruptions were the addition of a non-exhaustive list of extraordinary circumstances, albeit one which inexplicably fails to reinforce the industry’s safety-first approach, and a requirement for airports to have contingency plans for accommodation in the event of mass disruptions, which is a first…