Almost a third of accounts are currently in arrears at the City of Windhoek, the city’s finance executive Jennifer Comalie said last week.
The most awaited annual sales day, Black Friday, is expected to be subdued this year due to so much uncertainty about job security and steady incomes that usually include bonusses.
Government, in partnership with the participating commercial banking institutions and with financial support of the Bank of Namibia, on Friday announced the commencement of the Covid-19 SME loan scheme to the tune of N$500 million.
During the month of September 2020, the volume of Namibian diamonds produced stood at 36 601 carats. This figure is the lowest monthly production by far between January 2015 to September 2020.
The Road Fund Administration (RFA) on Tuesday held its strategic business plan stakeholder’s consultation for April 2021 to March 2026 and shared the revenue overview for this period
Namibia needs to be prepared well ahead of time to mitigate against the unintended consequences for the ambitious African Continental Free Trade Area (AfCFTA) by exploiting opportunities in the agreement.
“Although the reduction of the low margin goods materially affected sales, this was overcome by venturing into alternative higher margin lines.