2021-01-18Edgar Brandt Recent heavy rains across the country that caused extensive damage to property, such as houses and vehicles, are expected to significantly increase loss ratios for Namibia’s 15 short-term insurers, which in turn is expected to push up insurance premiums as losses mount for reinsurance companies. View more
2021-01-18Edgar Brandt Both public and private businesses should strive to procure all goods and services locally, which, when coupled with a stimulus package for producers, should put the Namibian economy well on the road to recovery from the devasting effects of the Covid-19 pandemic that exacerbated the country’s already dire straits. View more
2021-01-19Edgar Brandt Namibia’s debt burden was expected to reach 70% of Gross Domestic Product (GDP) by the end of 2020 and then to increase further to 74% during 2021. View more
2021-01-20Edgar Brandt There is light at the end of the tunnel for the N$190 million-dollar Peugeot Opel Assembly Namibia (POAN) venture at Walvis Bay as legislation to enable the exportation of the locally assembled vehicles into the Southern African region has been finalised. View more
2021-01-21Edgar Brandt Government will no longer cough up for the educational allowances for children or dependents of Namibian diplomats effective 1 April 2021. View more
2021-01-22Edgar Brandt Presenting its 2019/2020 financial results in Windhoek yesterday, Namibia’s first-ever mobile telecommunications company, MTC, recorded N$2.683 billion in revenue, representing a 2.66% increase from the last financial year. View more
2021-01-26Edgar Brandt As the 2021 World Economic Forum (WEF) kicked off virtually in Switzerland yesterday, Oxfam, Kenyan-based international confederation, comprising independent charitable organisations, called on governments to invest further in public services and for the richest individuals and corporations to contribute their fair share of tax. View more
2021-01-27Edgar Brandt In response to the damning report released on Monday by international aid agency, Oxfam International, that global inequality has only been exacerbated by the Covid-19 pandemic, the CEO of the Development Bank of Namibia, Martin Inkumbi, stressed that to reduce inequality, Namibia first needs to create value in the domestic economy. View more
2021-01-27Edgar Brandt The African Continental Free Trade Area (AfCFTA) is brim-full of opportunities to strengthen intra-Africa trade, regional and continental value chains and to create access to new markets and revenue streams. View more
2021-01-29Edgar Brandt The trade association representing the bulk of the world’s airlines, 265 airlines from 117 countries, says a priority for reopening of the skies is acceleration of the establishment of global standards for vaccination and testing certification. View more
2021-02-02Edgar Brandt To ensure the co-existence of marine diamond and fishing industries can continue and their environmental impact is kept to a minimum, both industries are monitored and managed. View more
2021-02-03Edgar Brandt Weekend farming is not a new concept in Namibia as many people regularly supplement their monthly income with some kind of part-time agricultural activity. View more
2021-02-04Edgar Brandt The beleaguered Air Namibia yesterday plunged into a leadership crisis after three board members suddenly resigned from the airline. View more
2021-02-04Edgar Brandt The Ministry of Finance, which has commenced with drawing up the 2021/22 National Budget, has urged all Namibians to ensure their voices are heard through a broadened open budget initiative. View more
2021-02-12Edgar Brandt Emotions ran high yesterday when Namibians officially said goodbye to the national flag carrier after the government opted for its voluntary liquidation following uninterrupted operations spanning for some 75 years. View more
2021-02-15Edgar Brandt The largest trade union in the country, the National Union of Namibian Workers (NUNW), is organising a demonstration this week in a bid to reverse the closing down of Air Namibia and to call for the resignation of public enterprises minister Leon Jooste. View more
2021-02-15Edgar Brandt The key fundamentals to Namibia’s economic recovery are economic confidence, investments and Covid-19 vaccination to return to normality. View more
2021-02-16Edgar Brandt While Namibia still imports most of its electricity from South Africa and other countries in southern Africa, a number of new power stations, including renewables (solar and wind) are coming to the fore. View more
2021-02-17Edgar Brandt NamWater, through the Central Procurement Board, awarded bids valued at a combined cost of N$93.5 million to two contractors tasked with reconstructing some 5.8km of the Omahenene to Olushandja canal in northern Namibia. View more
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