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Namibia has 11 months to exit FATF grey listing

Justicia Shipena  For Namibia to exit the Financial Action Task Force (FATF)'s grey list, it needs to address five remaining action items by May 2026.  This means the country has 11 months ...
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Fabupharm operated without a licence for 17 months

Hertta-Maria Amutenja Fabupharm Namibia (Pty) Ltd has been operating without a valid manufacturing licence for one year and five months.  From January 2024 up to June 2025, Fabupharm has be...

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MoHSS investigate suspected cholera outbreak in Opuwo

Niël Terblanché The ministry of health and social services (MoHSS) is investigating a suspected cholera outbreak in the Opuwo District of the Kunene region after several individuals from the same h...
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NNN greenlights 2025/26 budget

Allexer Namundjembo President Netumbo Nandi-Ndaitwah has signed the 2025 appropriation act into law, authorising a national budget of N$89.4 billion for the financial year ending 31 March 2026.&nbs...
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Ashipala-Musavyi promotes agriculture to investors in China

Allexer Namundjebo International relations and trade minister Selma Ashipala-Musavyi has called on international investors to explore and invest in Namibia's agricultural sector.  Ashipala-...
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Namibia supports ILO standards on biohazards

Justicia Shipena The adoption of the Convention and Recommendations on Biological Hazards will contribute to strengthening Namibia’s legal framework on workplace safety.  This is according ...
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NANU backs regulation of nursing schools

Erasmus Shalihaxwe The Namibia Nurses Union (NANU) Secretary General, Junias Shilunga, says the growing number of private health training institutions contributes to poorly trained healthcare worke...
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Swakopmund Breast Clinic opens to improve regional cancer care

Niël Terblanché The Ministry of Health and Social Services (MoHSS), in partnership with the Cancer Association of Namibia (CAN) and Langer Heinrich Uranium Mine (LHU), officially opened the Swakopm...

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GPF 2025 preparations near completion

Justicia Shipena Preparations are at an advanced stage for the 2025 Global Policy Forum (GPF), which Namibia will host for the first time.  The Bank of Namibia (BoN)'s acting director for s...
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Oceana’s Namibian performance declines 14% due to catch costs

Chamwe Kaira Oceana Group reported a 14% drop in its Namibian performance, driven by higher catch costs, increased fuel prices, rising quota costs, and a larger share of lower-value bycatch. In ...
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Trustco Group moves ahead with delisting process

Chamwe Kaira Trustco Group Holdings Limited has confirmed it is moving forward with its plan to delist from all its current trading platforms. These include the Johannesburg Stock Exchange (JSE), t...
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Tax incentives can stimulate private sector growth

Chairman of the Economic Association of Namibia, Jason Kasuto, informed Observer Money that the emergence of the oil sector and the development of green hydrogen present unique opportunities for Namib...
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FirstRand chair acquires shares close to N$1 million

Chamwe Kaira FirstRand Namibia Limited (NSX: FNB) has announced that its board chairperson, Otto Nakasole Shikongo, has acquired shares in the company worth nearly N$1 million.  The transac...
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MTC regains commercial momentum

Chamwe Kaira Mobile Telecommunications Limited (MTC) is showing signs of commercial recovery, supported by rising revenue, growing subscriber numbers, and solid performance in the enterprise segmen...