Commercial banks are among the industries with the most regulations, making it necessary that such regulations are easy to understand and implement, the Bank of Namibia’s (BoN) director of information and communication technology (ICT) Marsorry Ickua said.
Namibia is one of the nations in Southern Africa where data is significantly more expensive than elsewhere in the region and should not continue to make a fool of itself with these elevated prices.
Despite Namibia’s minimal contribution to global greenhouse gas emissions in 2021 at a mere 0.03%, a combination of physical and societal characteristics makes the nation extremely vulnerable to the negative effects of global climate change.
It is of little use for Namibia to have trade items, regulations and policies which are workable for the country, but do not respond to regional and global trading partners.
Due to the increased interest in investing in Namibia from around the world, the nation has been busy enabling major projects, with more to follow soon.
Namibian households are still struggling to make ends meet, amidst a recessionary economic environment branded by high interest rates, rising food and fuel prices, and stagnating wages.
Urban and rural development minister Erastus Uutoni said there is a need to reduce Namibia’s heavy reliance on the agriculture sector.
The Motor Vehicle Accident Fund of Namibia is determined not to lose out on its main source of income, namely fuel levies, by ensuring it also charges electric vehicles to make use of Namibian roads.
Namib Desert Diamonds has produced its strongest financial results ever during the 2022/2023 financial year.
Leader of the Landless People’s Movement Bernadus Swartbooi has accused the Namdeb Diamond Corporation of operating in a highly secretive world, where potential maleficence is rife.