Engagement on relevant investment laws and regulations is part of the Namibia Investment Promotion and Development Board (NIPDB) mandate, considering the impact of the policy environment on investment and the need to provide policy certainty to current and potential investors.
Namibia has secured about N$161 billion worth of investment opportunities as at March 2023 with the potential to create more jobs.
Global food prices are set to provide relief to consumers for the year 2023, and Namibians will also benefit from the phenomenon.
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.
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.
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.
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.
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.
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.
Trade minister Lucia Iipumbu urged Namibian businesses to actively participate in the Authorised Economic Operator (AEO) programme.