16 April 2026
Windhoek, Namibia – RMB Namibia and FNB Namibia today officially launched the ExCon Scenarios Booklet at the Namibia International Energy Conference (NIEC) 2026, reinforcing their commitment to enabling regulatory clarity and supporting cross‑border business activity in Namibia.
The ExCon Scenarios Booklet was developed in collaboration with the regulator, the Bank of Namibia and key stakeholders. It provides practical guidance for businesses navigating exchange control requirements. The booklet addresses common scenarios relating to salary payments to foreign individuals, payments to and from foreign companies, and includes a dedicated section on exchange control operational guidance for incoming investors entering the Namibian market.
The launch was held at the NIEC and featured insights from Angelique Peake, Group Head: Oil and Gas Strategy at FirstRand Namibia, Olavi Hangula, Coverage Manager – Oil and Gas and Energy at RMB Namibia, and Carly van der Merwe, Growth and Energy Sector Strategist at FNB Namibia.
“The ExCon Scenarios Booklet is designed to provide certainty and confidence to businesses and investors operating in Namibia,” said Angelique Peake. “By translating exchange control regulations into practical, real‑world scenarios, we help remove uncertainty and enable sustainable economic and sector growth.”
Reflecting on the broader conference, Peake highlighted the strong industry momentum on display. “This year’s conference was extremely well attended by all the major operators, particularly those active in our offshore basins, namely Walvis Bay and Lüderitz. With further exploration wells announced and continued activity both offshore and onshore, it is clear that industry momentum remains strong and that activity in Namibia will continue.”
She further noted the significance of government presence at the event. “It was wonderful to see our Namibian President, Netumbo Nandi-Ndaitwah, formally opening the conference. Her presence sent a powerful signal of government commitment to the oil and gas sector, both to investors and to the country. It was an excellent conference that demonstrated real momentum, and now the focus must be on sustaining and building on that momentum.”
Olavi Hangula emphasised the importance of practical guidance for cross‑border commercial activity. “As international participation in Namibia’s energy sector continues to grow, aligned understanding of exchange control processes is critical. This booklet serves as a valuable reference to help businesses transact confidently and compliantly.”
According to Carly van der Merwe, the inclusion of guidance for incoming investors is particularly timely. “Incoming investment plays a vital role in economic growth. Clear, accessible exchange control guidance empowers investors to enter the Namibian market with confidence and supports the country’s long‑term development objectives.”
FNB and RMB Namibia reaffirmed their commitment to ongoing collaboration, client education and proactive engagement to ensure that financial solutions remain aligned with regulatory requirements and the evolving needs of Namibia’s economy.
Click here to view The ExCon Scenarios Booklet.
ENDS
For more information, contact or media interviews:
Kirsty Watermeyer
Head of Group Communications
