Latest news in Namibia? September 11th, 2026

Key developments reported in Namibia as of September 11, 2026:

• Energy & Natural Resources:
  • The Ministry of Industries, Mines and Energy confirmed it will not extend its exclusive fuel supply agreement with Vitol beyond October 2026, following domestic controversy and recent aviation fuel distribution concerns at Walvis Bay.
  • 88 Energy and its joint venture partners formally applied to enter the next exploration phase for Petroleum Exploration Licence 93 (PEL 93) in the onshore Owambo Basin, committing to drill at least one exploration well over the next two years.
  • Mining firms reported fresh activity, including high-grade certified assay results from Kendrick Resources at the Teufelskuppe rare earths project and an expanded uranium joint-venture footprint by Core Energy Minerals in the Erongo region.
• Healthcare Infrastructure:
  • President Netumbo Nandi-Ndaitwah officially marked the commissioning of Namibia’s first state-owned Magnetic Resonance Imaging (MRI) machine at Windhoek Central Hospital, with procurement underway for a second unit at Oshakati Intermediate Hospital to serve the northern regions.
• Economy & Finance:
  • The Namibia Statistics Agency reported headline annual inflation reached 5% for August 2026, up from 3.2% recorded during the same period in 2025.
  • FirstRand Namibia posted an annual post-tax profit increase of 12.2% to N$2.14 billion for its financial year ended June 30, 2026.
  • The Bank of Namibia received the 2026 Institutional Leadership Award from the Alliance for Financial Inclusion (AFI) for progress in financial inclusion frameworks.
• Regional Water Initiatives:
  • The Oshikoto Region secured N$2.68 million in funding through Namport to install and repair five critical community boreholes, alongside ongoing technical studies with international hydrological experts to improve nationwide groundwater extraction.