SOEs owe N$11.12bn

November 4, 2026

State-owned enterprises increased their combined debt by N$469 million during the first half of 2026, bringing their total outstanding debt to N$11.12 billion by the end of June. The increase represents a 4.4% rise from N$10.65 billion recorded at the end of December 2025, according to the October 2026 Financial Stability Report published by the Bank of Namibia and the Namibia Financial Institutions Supervisory Authority. Foreign creditors account for the largest share of the debt, holding N$9.37 billion, or approximately 84.3% of the total. Domestic SOE debt stood at N$1.75 billion. The report also shows that combined corporate and state-owned enterprise debt increased by 10.3% to N$219.33 billion during the six months. The regulators say growing reliance on foreign borrowing exposes businesses to exchange-rate risks.

The post SOEs owe N$11.12bn appeared first on Future Media News.

Written by: Madeline

FMD still contained in //Kharas, no new cases

Veterinary authorities are continuing surveillance and vaccination efforts to contain foot-and-mouth disease outbreaks in the Karasburg Veterinary State District in //Kharas Region and on Kalala Island in the Zambezi Region. No new cases have been reported in the Karasburg district, where the last newly infected farm was recorded on 14 […]

November 4, 2026

News

Democratic win in US holds benefit for Africa

The Democratic Party has won control of both the US Senate and House of Representatives in the 2026 midterm elections, dealing a major setback to President Donald Trump and the Republicans. The result gives Democrats greater influence over legislation, government spending and foreign policy oversight for the remainder of Trump’s […]

November 4, 2026