NBC HIGHLIGHTS ROLE OF PORTS IN ECONOMY

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The Namibian Broadcasting Corporation (NBC) has highlighted its expertise in telling the story of trade and the critical role Namibian ports play in the economy.

This was discussed when NBC Director General Menesia Muinjo paid a courtesy visit to Namport in Walvis Bay.

BUSINESS TODAY | NAMIBIA’S NEW VEHICLE SALES HIT HIGHEST LEVEL SINCE 2015

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Namibia's new vehicle market remains robust, with sales during the first eight months of the year reaching their highest level for this period since 2015.

Despite a slowdown in August, the market remains ahead of last year, with more than 10,000 new vehicles sold between January and August.

PARLIAMENT PROBES LENDING PRACTICES

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The Parliamentary Standing Committee on Economy and Industry, Public Administration and Planning is probing whether the current lending practices are placing excessive pressure on workers and whether existing laws are sufficient to protect borrowers.

FUEL PRICES SET TO RISE ON WEDNESDAY

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Namibian motorists will have to dig deeper in their pockets as fuel is expected to go up on Wednesday.

The increases follow under-recoveries of 68 cents per litre on petrol, 215 and 214 cents on diesel grades.

NANUB CALLS FOR STRONGER PUBLIC ACCOUNTABILITY

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Chairperson of the Standing Committee on Public Accounts and Economy, Eddie Nanub, the committee is far better equipped to interrogate audit findings, hold accounting officers to account, and drive meaningful improvements across the public service.

UIS UPGRADED TO LOCAL AUTHORITY

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A major milestone during the reporting period of the Erongo region is the upgrading of Uis from a settlement to a local authority, making it the eighth local authority in the region.

NAMIBIA ECONOMY EXPECTED TO GROW 2.1% IN 2026

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Namibia's economy is expected to grow by 2.1% this year before strengthening to 2.8% in 2027. 

The Bank of Namibia says the recovery will be supported by improved agricultural output, strong uranium mining and continued growth in wholesale and retail trade and construction.

PAN REPORTS STRONG FINANCIAL PERFORMANCE

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The Payment Association of Namibia (PAN) generated revenue of N$10.62 million during 2025, while maintaining a strong financial position.

This was revealed by its Acting Chief Executive Officer Mbapeua Kauoova at the association's 2025 Annual Report launch in Windhoek on Tuesday.