Author: Maihapa Ndjavera (Maihapa Ndjavera )

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.

German Minister of Education and Research, Bettina Stark-Watzinger said the future of climate neutrality belongs to green hydrogen.

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.