The Namibia Business School (NBS) was established in response to the needs of the Namibian market. In 1999, the Founding Vice-Chancellor of the University of Namibia, Prof. Peter Katjavivi, assisted by the former head of the Economics Department, Prof. Mohammed El Toukhy, joined forces with the FNB Foundation and entered into a collaboration agreement with the Maastricht School of Management in the Netherlands to offer an Executive MBA Programme at UNAM. Since the inception of the programme in 2000, more than 175 students have graduated with diplomas and Master’s Degrees in Business Administration (MBA). FNB Foundation, under the leadership of the late Lazarus Ipangelwa, had the vision and commitment to support the programme financially. This commitment from NBS has continued up to this day and has translated into FNB being one of the Founders of NBS.
A number of individuals played a crucial role in overseeing the UNAM/MsM MBA Programme and nurturing the idea of establishing a full-fledged business school. Their tireless efforts made the establishment of NBS bear fruit. These individuals are Prof. Peter H Katjavivi, Prof. M M El Toukhy, Mr D R Norval, Mr A Aochamub and Ms Y M Yon.