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With Namibia's economy moving towards a positive trajectory, businesses and individuals must strategically position themselves within the production value chain to maximise their economic benefits.

The sentiments were shared at the FNB Commercial Economic Breakfast titled "Gearing Up for the Future, 2025, and Beyond."

The Economic Breakfast, attended by key stakeholders, industry experts, and professionals, discussed the promising future of Namibia's economy, considering the emerging opportunities in the oil and gas sector and the renewable energy space.

Chief Executive Officer of FNB Commercial, Sepo Haihambo, emphasised the importance of collaborative efforts to gear up Namibia's economic potential. 

"If we as a nation play our cards right, we could become a heavyweight in the global energy market. This calls for cautious optimism, but the numbers and the facts don't lie, and we believe that our country has been presented with a once-in-a-generation opportunity to transform Namibia and the lives of our people."

Senior Associate of ENS Namibia, a continental law network, Stefanie Busch, stated that incorporating local content is crucial for maximising the benefits of the petroleum industry for Namibians.

"Local content requirements should support a viable, sustainable petroleum industry over time to benefit Namibia and its people."

Tax Director at Deloitte Namibia Gerda Brand, on her part, highlighted the realities and the future outlook in new sectors.

The Economic Breakfast further provided a platform for robust discussions and knowledge sharing, fostering a sense of optimism and strategic foresight among those in attendance. 

FNB Commercial reaffirmed its commitment to being a reliable partner in the country's growth, ensuring that local businesses and communities benefit from the emerging opportunities.

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Selima Henock