• April 22nd, 2019
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POSTS BY Edgar Brandt

To contact the author and editorial staff send an email to newsroom@nepc.com.na

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Repo rate: Economists weigh-in

WINDHOEK – The central bank has maintained the repo rate at 6.75%, in line with the expectations of economic gurus, although there are divergent views regarding the decision to leave the rate unchanged for almost two years while the country’s economy is teetering.

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Boeing faces uphill reputational battle after software failure admission

WINDHOEK – The world’s largest aerospace company, Boeing, now faces the dauting task of convincing aviation regulators, airlines and the flying public that its planes are safe after its top brass admitted that a failure in the single-aisle 737 Max jet’s anti-stall system, MCAS, was a factor in last month’s Ethiopian Airlines crash.

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Psemas cost drivers are unsustainable – Schlettwein

WINDHOEK - The Ministry of Finance yesterday engaged healthcare service providers on issues pertaining to the Public Service Employees Medical Aid Scheme (Psemas), with Minister of Finance, Calle Schlettwein, telling the well-attended

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Development budget increased by 42%

WINDHOEK- While yesterday’s tabling of the national budget of just over N$60 billion for the 2019/20 financial year saw the development portion allocation increased by 42 percent, to N$7.9 billion from N$5.5 billion, local economists’ first impressions are that the budget contained no major surprises.

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ACP’s efforts post-Cotonou must be economically sustainable - Tweya

WINDHOEK – Namibia has reaffirmed its commitment to the African, Caribbean and Pacific (ACP) and European Union (EU) partnership and says it will do all it can to honour and work toward the commitments embodied in the Cotonou Agreement and post-Cotonou when it expires in 2020. This was the message by Minister of Industrialisation, Trade and SME Development, Tjekero Tweya, when he spoke on Wednesday at the 37TH session of ACP-EU Joint Parliamentary Assembly that took place in the Bucharest, Romania. 

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Tech advancements revive Kudu Gas to Power project

WINDHOEK – The Kudu Gas to Power project, which has in the past been hailed as the answer to Namibia’s electricity woes, has seen a revival by BW Kudu Limited, who says recent technological advancements as well as a consistent market for reliable economic energy makes the electricity project viable.

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/Uirab confirmed as new NAC boss

WINDHOEK - After much speculations, Bisey /Uirab has been confirmed as the new Chief Executive Officer of the beleaguered Namibia Airports Company (NAC) which has been without a substantive CEO for about two years.