Namibia’s annual inflation rate accelerated to 5% in August 2026, reaching its highest level since February 2024.

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.

A national budget is the government’s financial roadmap. It sets out how much revenue is expected and how public funds will be allocated to key priorities and sectors.

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.

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.

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'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.

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.  

Namibia has intensified efforts to attract investment as it targets export growth from N$102 billion to N$168 billion by 2030.

International Relations and Trade Minister Selma Ashipala-Musavyi says the country's economic agenda is focused on value addition and industrialisation.

Namibia's unrealised export potential is estimated at about N$13.5 billion within Africa and N$64.4 billion globally by 2030.