2021-10-04Maihapa Ndjavera The Mineworkers Union of Namibia (MUN) last week launched NAMITVest Investment Holdings, which aims to create a buffer to mitigate the impact of job losses due to any unforeseen economic shocks experienced in the mining sector. View more
2021-10-05Maihapa Ndjavera Agriculture minister Calle Schlettwein said the only viable solution to save the local dairy industry from total collapse appears to be restrictions on imported dairy products, this while responding to questions in the National Assembly last week. View more
2021-10-06Maihapa Ndjavera Namibia’s non-banking financial institutions’ (NBFI) sector has remained financially stable and continued to grow its assets, despite challenging economic conditions. The NBFI asset base increased by 5.7% to end at N$341.9 billion by 31 December 2020. View more
2021-10-06Maihapa Ndjavera The first objective of the planned listing of the country’s dominant mobile telecommunications provider, MTC, is to develop the country’s financial sector. View more
2021-10-07Maihapa Ndjavera Namibian taxpayers owe an astounding N$36 billion in penalties to the Namibia Revenue Authority (NamRA) as at 30 September 2021. View more
2021-10-07Maihapa Ndjavera With more than 3 500 deaths reported in Namibia by the health ministry as a result of Covid-19 since the outbreak of the pandemic, funeral undertakers have been under tremendous strain due to a high demand for their services as well as to ensure the supply of coffins. View more
2021-10-08Maihapa Ndjavera The N$190 million dollar Peugeot Opel Assembly Namibia (POAN) venture at Walvis Bay has since inception produced 150 vehicles, inclusive of testing vehicles. View more
2021-10-08Maihapa Ndjavera According to the Institute for Public Policy Research (IPPR), Namibia unfortunately, scored poorly on overall fiscal transparency and accountability. View more
2021-10-11Maihapa Ndjavera Highlighting some of the intra-African trade initiatives poised to improve regional and local growth, Iipumbu noted that Namibia and Zambia recently conducted bilateral discussions on the establishment of a one-stop border. This seeks to improve trade facilitation by ensuring the efficient and timely movement of people, goods and services at the common borders. View more
2021-10-11Maihapa Ndjavera Household credit rose year-on-year and quarter-on-quarter during the second quarter of 2021, driven by a rise in asset-backed credit categories. This is according to the Bank of Namibia’s (BoN’s) quarterly bulletin for the second quarter View more
2021-10-13Maihapa Ndjavera Namibia is promoting its natural resources at the Dubai Expo to attract sustainable investments and mutually beneficial partnerships across the globe. View more
2021-10-13Maihapa Ndjavera The chairperson of the Parliamentary Standing Committee on Natural Resources, Tjekero Tweya, yesterday said all traditional authorities in the Kavango regions, including community members in recently visited areas, support Recon Africa’s oil exploration activities. View more
2021-10-14Maihapa Ndjavera Former education minister David Namwandi has vehemently denied any involvement in the Malaysian-owned Limkokwing University saga. Namwandi, minister of higher education Itah Kandjii-Murangi and former Namibia Students Financial Assistance Fund (NSFAF) CEO Hilya Nghiwete have so far all been accused of facilitating the establishment of the university, in a document circulating on social media this View more
2021-10-14Maihapa Ndjavera At the end of June 2021, this figure stood at 63.2%. This debt level represents annual and quarterly increases of 6.9 percentage points and 1.8 percentage points, respectively. Generally, government debt as a percent of GDP is used by investors to measure a country’s ability to make future payments on its debt, thus affecting the country’s borrowing costs and government bond yields. View more
2021-10-15Maihapa Ndjavera Namdeb Diamond Corporation (Namdeb) yesterday confirmed that despite dwindling land-based diamond production, it has extended the lifespan of its mining operations by 20 years, from 2022 to 2042. View more
2021-10-15Maihapa Ndjavera The overall budget for Namibia’s participation at the Dubai Expo 2020 is N$20 million. This includes the N$15 million advanced from the fiscus and N$5 million sourced from additional funding, including financial contributions received from various entities. View more
2021-10-18Maihapa Ndjavera The Government Institutions Pension Fund (GIPF) has increased its asset base by 25% for the year ended 31 March 2021 from N$109.3 billion to N$136.2 billion. View more
2021-10-19Maihapa Ndjavera The National Housing Enterprises says its houses are 60% cheaper than the private sector, however, affordability is still a challenge because of exorbitant land prices. View more
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