Business

Namibia Revenue Agency seizes over 1,500 unauthorized mobile phones, highlighting strict import regulations and the need for proper documentation. Small-scale importers face significant challenges with compliance.

Norman Foster's innovative wine cathedral in Burgos, Spain, leads sustainable tourism revival while preserving centuries-old wine-making traditions in the Ribera del Duero region.

Bank of Namibia reduces main interest rate to 6.50%, implementing strategic monetary policy shift to boost economic growth while maintaining currency stability with South Africa.

Namibia Tourism Board launches comprehensive sustainable tourism strategy, showcasing the country's unique wilderness experiences and eco-friendly initiatives while emphasizing improved international accessibility.

Millennial Potash Corp. announces major discovery at Banio Project in Gabon, intersecting 101.45m of high-grade potash mineralization, marking significant milestone for African mineral development.

Namibia mourns the loss of business pioneer John Savva, whose 59-year journey from Cyprus immigrant to influential entrepreneur transformed Walvis Bay's economic landscape while fostering community development.

Namitvest and Spar Oranjemund launch innovative investment program offering discounted shares to mineworkers through payroll deductions, aiming to create generational wealth and economic stability.

Namitvest and Spar Oranjemund launch innovative investment scheme enabling mineworkers to build generational wealth through discounted share purchases and automated payroll deductions.

Namibian clothing brand GMPR, founded by 26-year-old entrepreneur Gustav Johannes, has successfully expanded to eight international markets, showcasing the potential of African fashion innovation.

McDermott International and Namibia's PETROFUND forge strategic partnership to develop local talent pipeline for energy sector, focusing on technical training and workforce development.

McDermott International and Namibia's PETROFUND forge strategic partnership to develop local talent pipeline for the energy sector, focusing on technical training and workforce development.

Punjab launches ambitious Rs 7 billion agricultural transformation initiative, constructing 400 mini-dams to revolutionize farming in the Pothwaar region with comprehensive farmer support programs.

The Araf Trade Fair in Usakos showcases local entrepreneurship success, highlighting how traditional craftsmanship and modern business practices are driving Namibia's economic growth.

Karnataka faces a power sector crisis as government departments accumulate $1.25 billion in unpaid electricity bills, threatening the financial stability of state power distribution companies.

Analysis of Namibian borrowing patterns reveals a significant shift from survival-based lending to more productive forms of credit, though challenges persist amid tax reform impacts.

Namibian borrowing patterns show significant evolution from survival-based to investment-oriented credit, though challenges remain. New data reveals promising shifts in household financial behavior.

US government enters shutdown phase as budget talks fail, while global markets show resilience. FTSE 100 expected to open slightly lower as businesses navigate political uncertainty.

Prominent Namibian businessman Cedric Willemse's declaration of pre-existing wealth during court proceedings sparks debate on business transparency and asset verification in the country's financial sector.

Prominent Namibian businessman Cedric Willemse declares significant pre-existing wealth during court proceedings, sparking discussions about business transparency and asset verification in Namibia's evolving economy.

Lion One Metals expands its private placement offering to $20 million, demonstrating strong investor confidence in its Tuvatu Gold Project. The increased funding will accelerate development and strengthen financial position.