A MONTHLY WRAP-UP OF NEWS WORTH KNOWING
BANK WINDHOEK BETS ON DIGITAL BANKING TO DRIVE SME GROWTH
Bank Windhoek says digital banking and e-commerce are essential to the future growth of Namibia’s SMEs. Launching its enhanced SME Value Proposition, the bank highlighted technology, secure payments and online commerce as key drivers of competitiveness. Managing Director James Chapman said SMEs need more than technology to succeed, requiring trusted banking partners, secure payment systems and access to finance. Through its partnership with VISA, the bank offers payment solutions connecting businesses to local and international markets. The SME package includes digital banking, financing, advisory services, trade finance and credit guarantees, while dedicated support teams help businesses navigate a rapidly digitising economy
NAMIBIA EYES NEW OCEAN PROTECTED AREAS TO MEET BIODIVERSITY TARGETS
Namibia is strengthening marine conservation efforts by updating its ocean protection framework and exploring the creation of new protected marine areas. Speaking on World Oceans Day 2026, Agriculture, Fisheries, Water and Land Reform Minister Inge Zaamwani said the government is finalising new regulations and a management plan for the Namibian Islands’ Marine Protected Area (NIMPA). Namibia has already exceeded the global “30 by 30” target for land conservation, with 39.92% of terrestrial areas protected, but only 1.69% of marine areas are under formal protection. The country is also advancing sustainable fisheries management and regional cooperation to safeguard marine biodiversity and fish stocks.
FNB NAMED AFRICA’S BEST SME BANK AT GLOBAL FINANCE AWARDS
First National Bank (FNB) has been named Africa’s Best SME Bank for 2026 by Global Finance, recognising its support for small and medium enterprises through financing, innovation and business development. FNB said the award reflects its efforts to address challenges such as limited funding, financial exclusion and digital connectivity barriers. Key initiatives include the Smart Spender Credit Card, SME Hub advisory platform, CashPlus agency banking, Speedee payment solutions and H.E.R Banking for women entrepreneurs. FNB Namibia said the recognition highlights the importance of entrepreneurship and reinforces its commitment to providing funding, business support and growth opportunities for SMEs.
THE ART OF THE DEAL: SECURING A FAIR AND COMPETITIVE FUTURE FOR NAMIBIA’S OIL INDUSTRY
Namibia’s offshore oil discoveries in the Orange Basin and renewed mining developments have elevated the country’s profile among global investors. As it negotiates with international energy companies, the challenge is to balance investor returns with national benefits. Fiscal terms will determine how risks, rewards and revenues are shared, influencing investment decisions and long-term value for citizens. Experts argue that well-designed petroleum regimes can attract capital while delivering strong government revenues. Fiscal stability is also critical to provide investor confidence. At the same time, local content policies should ensure resource development creates jobs, builds skills and supports sustainable economic growth within Namibia.
TELECOM NAMIBIA PARTNERS WITH LIGHTSTRUCK TO EXPAND FIBRE BROADBAND NETWORK
Telecom Namibia has partnered with Lightstruck to expand fibre broadband services through an open-access model, allowing the telecom operator to use Lightstruck’s infrastructure instead of building its own network in certain areas. Telecom Namibia CEO Dr Stanley Shanapinda said the agreement will accelerate connectivity, reduce infrastructure duplication and improve service delivery. The partnership enables customers in areas such as Khomasdal, Dorado Park, Rocky Crest, Osona Village and Rehoboth to access Telecom Namibia fibre services via Lightstruck’s network. Both companies say the arrangement will support fibre adoption, improve broadband availability, reduce reliance on vulnerable copper networks and advance Namibia’s digital transformation.
