Author: Maihapa Ndjavera (Maihapa Ndjavera )

New United States of America ambassador to Namibia Randy Berry said he hopes the recent visit of his country’s first lady will lead to something fruitful for both countries. 

The Business and Intellectual Property Authority (BIPA), in partnership with the Embassy of the People’s Republic of China, yesterday hosted an engagement on intellectual property (IP) services and business registration with the Chinese business community in Windhoek. 

Standard Bank Namibia (SBN) has shaken off the adverse impact of Covid-19 in its 2022 year-end results after the bank recorded increased profit for the year of 70.5%, up from N$366 million to N$624 million.

Namibia’s penultimate National Development Plan before realising Vision 2030 goals and objectives will be extended for two years to enable completion. 

Debmarine Namibia, the joint venture marine diamond prospecting and recovery company, owned in equal shares by the Namibian government and the De Beers Group, increased its contributions to government by 147% in 2022.

President Hage Geingob will soon lead a team to the Leonardville area, where a Russian company hopes to extract uranium, to listen to all concerned parties and debate on the controversial mining operations in the area. 

The Omaheke region, known as the cattle country of Namibia, has started searching for new ways of growing its economy and not solely be known for livestock.

Despite the effects of Covid-19 on both the global domestic economy, as well as a tightened fiscus envelope, the trade ministry has turned headwinds into certain opportunities. 

Namibia’s economic growth has historically been driven by commodities. 

Namibia Breweries Limited (NBL) continued to show resilience in a highly-subdued economy, with half-year revenue increasing by 20.6% to N$2.4 billion.