In the Alexforbes Lead Story, The Bankers Association of Namibia and the Bank of Namibia, together with industry partners, hosted a Fraud and Cybersecurity Risk Awareness Summit under the theme “Strengthening Trust and Resilience in Namibia’s Financial System.” Angie Scholtz sat down with Colanè Esterhuizen-Andreas, the Manager for Forensic Services, at Standard Bank Namibia.

In the Namdeb SPOTLIGHT Angie Scholtz is joined by Leilani Basson, the Founder of Twafiika consultants and co-founder of Trending Carrier Hub and Ambassador for Namibian women in AI.

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: • Pepkor — strong Full-Year results with revenue, margins, and HEPS all rising; fintech booming; and a major new development: Pepkor is officially starting a bank after receiving regulatory approval. • Spar — still struggling through a messy turnaround as franchise challenges, weak omni-channel execution, and costly international exits weigh on earnings. • Prosus — solid revenue and e-commerce profit growth, improved free cash flow outside Tencent, and big expectations on recent acquisitions to prove their value in 2026.

South Africa’s interest rate cut may have surprised the market, but what really drove the SARB’s decision — and what does it mean for Namibia? Michelle van Wyk speaks to Floris Bergh from Capricorn Asset Management, unpacking the new inflation-targeting range, the global easing cycle, and the “fortunate mix” of oil, food, currency strength, and China’s deflationary pressures that pushed inflation toward 3%

The German Agency for International Cooperation’s  ProBATS II program has improved access to finance for over 300 MSMEs in the past six months, training more than 40 financial service providers on inclusive financial products. Angie Scholtz is joined by Kurt Nieradtka, the Consortium Team Leader for Safer International, and Arinze Okafor, Namibia Investment and Finance Academy CEO. 

In Tech Talk Gerald tells us all about AI powered advertising.

In the Alexforbes Lead Story Kim Davidson, co-owner of JS Hardware and Gelmar, sits down with Angie Scholtz to discuss the Showroom they have opened in Windhoek, showcasing Assa Abloy's full range of solutions.

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: Old Mutual — still trailing Sanlam, with sluggish growth, negative client flows, and a puzzling push into retail banking despite a tough operating environment. Telkom — strong momentum driven by mobile and fibre data, double-digit growth in key revenue lines, and a rising mobile subscriber base. Pick n Pay — the Ackerman family sells over 30% of their stake to manage debt, raising fresh questions about confidence in the retailer’s long and difficult turnaround.

In the Alexforbes Lead Story: Michelle van Wyk unpacks PSG’s latest banking review - an annual report issued in order to rank the Banks in Namibia. She speaks to Eloise du Plessis, Head of Strategy at PSG Wealth, and Anja Steyn, Equity Analyst at PSG — covering bank performance, earnings momentum, loan growth pressures, and improving funding costs. They break down what the numbers mean for valuations, risks, and opportunities in Namibia’s financial sector.

Coming up on the Market Watch: Diamonds are under pressure — but Namibia’s other commodities are stepping up. Michelle van Wyk speaks to Robert McGregor from Cirrus Capital about government’s potential stake in Namdeb, the risks of deeper exposure to diamonds, and why gold and uranium are now driving tax revenue, investment, and exploration. Plus: the latest on copper prospects and how South Africa’s surprise credit upgrade is boosting local borrowing conditions

Gerald tells us all about how to actually use AI in small Business.

In the Namdeb SPOTLIGHT this evening, Angie Scholtz is joined by the former Minister of Agriculture, Water and Land Reform, Calle Schlettwein.

In the Alexforbes Lead Story, Interim Minister of Industries, Mines and Energy, Frans Kapofi, has tabled the Petroleum (Exploration and Production) Amendment Bill of 2025 in Parliament. The Bill aims to modernize Namibia’s oil and gas laws, strengthen transparency, and improve regulation of the petroleum sector. It proposes creating an Upstream Petroleum Unit under the Office of the President to oversee exploration and production. Kapofi says the reforms will ensure accountability and responsible management of Namibia’s growing energy industry. Angie Scholtz sat down with Simonis Storm economist, Almandro Jansen, about this Bill.

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: • AngloGold Ashanti — profits surge as gold prices soar and production rises, driving cash flow and global expansion. • Shoprite — solid 8% sales growth despite low food inflation pressuring margins. • Tiger Brands — a turnaround success, up 25–30% in headline earnings after refocusing on core strengths. • TFG (Foschini Group) — share price halved this year as diversification drags; Ghost says they must narrow focus like Tiger to recover.

Gerald tells us all about Tech trends for business.

Namibia’s Eurobond redemption may be behind us — but what does it mean for reserves, local borrowing, and bond markets going forward. Michelle van Wyk speaks to Ray Auala from RMB, unpacking how government’s new borrowing plan could affect yields, spreads, and investor appetite — plus what to expect from upcoming switch auctions as the Ministry manages maturity risk and liquidity in the months ahead.

Various green scheme managers from the Kavango East and West regions, along with other stakeholders, gathered in Rundu, and the aim was to find sustainable tariff solutions for green schemes, ensuring that electricity costs do not burden food production. Local green schemes spend approximately $1 million per month on energy costs. In our Business Lead story this evening, Angie Scholtz is joined by the Managing Director of High Economic Intelligence, Salomo Hei.

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: Pepkor – Defying retail headwinds with revenue up 12%, driven by strong FinTech and furniture sales, and smart acquisitions like Legit and Boardmans. Pick n Pay – A controversial R56 million share award for CEO Shaun Summers despite ongoing core losses sparks debate on executive pay and performance. Africa Bitcoin Corporation (formerly Altvest) – Rebrand meets reality, as limited capital raised and minimal Bitcoin holdings raise doubts about its long-term strategy. Vodacom & MTN – African expansion paying off as stable currencies and macro tailwinds boost growth outside South Africa.

In the Alexforbes Lead Story, Angie Scholtz sits down with NamCor's Paulo Coelho on the Venus ESIA Environmental and Social Impact Assessment (ESIA) for the proposed offshore Venus Field in Block 2913B, located some 320 km southwest of Lüderitz.

In the Alexforbes Lead Story: The Economic Association of Namibia, along with the Hanns Seidel Foundation, held a public discussion in Windhoek on how to turn Namibia’s economic growth into jobs. Angie Scholtz is joined by Prof Denis Yuni, Associate Professor of Economics from the University of Namibia.