Namibia has secured about N$161 billion worth of investment opportunities as at March 2023 with the potential to create more jobs.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Consumers get a break …as Namib Mills confirms decrease on pasta prices
Global food prices are set to provide relief to consumers for the year 2023, and Namibians will also benefit from the phenomenon.
Namibia recognised as attractive investment destination
Recognised for its highly stable political and economic environment, Namibia is one of Africa’s gems. Considered among the safest democratic nations in Africa, the country offers impressive infrastructure and excellent quality of life.
Government debt surpasses benchmarks
Total debt as a percentage of gross domestic product (GDP) stood at 65.9% at the end of December 2022. This is 5.9 percentage points above the Southern African Development Community (SADC) benchmark of 60% of GDP.
NHE, union bury the hatchet
The National Housing Enterprise and Public Service Union of Namibia on Monday signed an agreement to end the employees’ industrial action that started on 24 February 2023.
Namibia eyes China as next energy partner … Chinese businesses urged to share technology and expertise
The administrator of the National Energy Administration of China, Zhang Jinhua, paid a courtesy call to President Hage Geingob on Friday to strengthen cooperation in the area of energy.
MPs bemoan lack of benefits at mines ministry
Members of parliament showed their concerns with the lack of benefits that community members get from the mining sector. According to them, the community is benefiting minimally from the sector despite the country being blessed with natural resources.
Central bank declares N$413m dividend
Bank of Namibia (BoN) governor Johannes !Gawaxab this week stood firm that the bank prioritises purpose above profits. He made this remark during the launch of the central bank’s annual report for the 2022 financial year.
Businesses urged to become authorised economic operators
Trade minister Lucia Iipumbu urged Namibian businesses to actively participate in the Authorised Economic Operator (AEO) programme.
Germany applauds Namibia’s green hydrogen potential
German Minister of Education and Research, Bettina Stark-Watzinger said the future of climate neutrality belongs to green hydrogen.