Author: Maihapa Ndjavera (Maihapa Ndjavera )

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Medical aid industry remains financially sound
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Medical aid industry remains financially sound

The country’s medical aid industry reported a net deficit for the third quarter of 2022, yet remained well capitalised as it held a high percentage of free assets as at 30 September 2022. Additionally, the industry’s reserves level exceeded the minimum prudential reserves level requirement of 25% and is thus deemed to be financially sound.

Lower SACU receipts to haunt Namibia
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Lower SACU receipts to haunt Namibia

Namibia’s current account balance worsened to a deficit of N$8.6 billion during the third quarter of 2022 compared to a lower deficit of N$7 billion in the corresponding quarter of 2021 and N$7.5 billion a quarter before. 

Namibia, Botswana one-stop border post coming soon
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Namibia, Botswana one-stop border post coming soon

President Hage Geingob and his counterpart from Botswana Mokgweetsi Masisi on Sunday held a closed-door meeting at State House that focused on assessing the implementation strategies on decisions taken from the inaugural session of the Bi-National Commission between the two countries.