National rail service provider TransNamib remains in a challenging financial position due to its short-term cash-flow position, as well as limited rolling stock capacity. Combined with a prolonged delay in spare parts, these factors are steadily exacerbating the rail operator’s woes.
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.
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.
The Southern African Development Community extraordinary troika summit of heads of state and government yesterday discussed the political and security situations in the region.
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.
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.
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.
National rail service provider TransNamib remains in a challenging financial position due to its short-term cash-flow position and limited rolling stock capacity.
Popular Democratic Movement (PDM) parliamentarian Nico Smit, yesterday called for the dissolution of the Central Procurement Board of Namibia (CPBN).
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.