In November 2020, the Bank of Namibia launched a Covid-19 SME Loan Scheme with N$500 million accessible to small and medium enterprises through participating banking institutions.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
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Schlettwein: Agri sector must be better resourced
Agriculture minister Calle Schlettwein said if Namibia is serious with the agricultural sector as the driver for economic growth, then much more still needs to be done for the sector.
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SADC hotspots remain on agenda
The Southern African Development Community extraordinary troika summit of heads of state and government yesterday discussed the political and security situations in the region.
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Public cautioned against preferential procurement
Finance minister Iipumbu Shiimi yesterday clarified that government resolved to use a portion of its expenditure in redressing socio-economic imbalances through the granting of preferential treatment or preferences in the public procurement system.
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Security on SADC agenda today
The Southern African Development Community extraordinary troika summit of heads of state and government will today discuss the political and security situation in the region. The two-day summit kicked off yesterday in Windhoek.
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EU ready to support Namibia’s beneficiation goals…new partnership to support green and digital transformation
European Union commissioner for internal market, Thierry Breton, has confirmed the willingness of the EU to support Namibia in further developing a home-grown extractive, refining and recycling industry for raw materials.
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TransNamib hopes to plug bleeding balance-sheet
National rail service provider TransNamib remains in a challenging financial position due to its short-term cash-flow position and limited rolling stock capacity.
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PDM calls for procurement board to be fired
Popular Democratic Movement (PDM) parliamentarian Nico Smit, yesterday called for the dissolution of the Central Procurement Board of Namibia (CPBN).
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NHE workers vote to down tools
The National Housing Enterprise’s workers are expected to embark on industrial action to force the board and management meet their demands as the collective bargaining process has deadlocked.
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Alarm bells ring over public debt
Namibia finds itself in a precarious situation, where public debt has reached maximum levels, as government has been unsuccessful in abiding by its targets for public debt.