Author: Maihapa Ndjavera (Maihapa Ndjavera )

​​​​​​​Telecom Namibia’s low profitability, constrained cash flows and overworked network infrastructure prompted the company to seek a major cash injection. 

Higher education minister Itah Kandjii-Murangi has cautioned that the tertiary education sector is bound to face an exponential increase in the number of students seeking placement, as well as those seeking financial support.

POPULAR Democratic Movement (PDM) parliamentarian and shadow finance minister, Nico Smit last week said despite the 2024/25 national budget being impressive, the additional liquidity has not been properly channelled. 

THE dominance of foreign investors in the mining sector might result in a loss of state revenue due to active tax planning by multinational enterprises. 

Asignificant portion of Namibia’s debt portfolio is due during the next three years.

NANGULA Uaandja, the CEO of the Namibia Investment Promotion and Development Board, says the 2024/25 budget represents a pivotal move in sculpting a thriving Namibian economy and reaffirming the government’s commitment to inclusive prosperity. 

Last month, deputy governor of the Bank of Namibia Ebson Uanguta was seconded as interim managing director to the National Petroleum Corporation of Namibia (Namcor). 

Lawmaker Maximalliant Katjimune of the Popular Democratic Movement said around 70% of small and medium enterprises are estimated to fail almost immediately upon commencement of operations. 

Finance and Public Enterprises Minister Iipumbu Shiimi stunned friends and foe yesterday when he unveiled a N$100.1 billion national budget. The budget represents an increase of 12.4% from the revised estimates of the preceding year.