Author: Maihapa Ndjavera (Maihapa Ndjavera )

Government has spent N$100 million per annum over the last decade on the rehabilitation of rails along the Walvis Bay-Kranzberg-Tsumeb line. 

Trustco owner Quinton van Rooyen said it’s unfortunate that the Namibia Revenue Agency (NamRA) abandoned their consultative relationship by seemingly acting in cahoots with Bank of Namibia (BoN) to undermine Trustco. 

The Retirement Fund Solutions (RFS) has rubbished findings from the Namibia Competition Commission (NaCC) that concluded the pension fund administrators’ market can be considered oligopolistic.

Members of opposition parties walked out of the National Assembly on Wednesday and Thursday after the deputy minister of transport Veikko Nekundi called them “hypocrites”.

The Namibia Airports Company (NAC) remains determined to champion the charge towards the transformation of the local aviation industry and position it as a driver for a thriving domestic economy.

Debating the mid-term budget review in parliament this week, opposition parties criticised finance minister Iipumu Shiimi for a lack of direction, grandstanding and paying lip service to significant challenges while also expressing concern over debt levels and corruption.

The Development Bank of Namibia (DBN) yesterday launched a business rescue programme that targets qualifying businesses financed by the bank as a possible alternative to liquidation. 

The African Export-Import Bank also known Afreximbank, is keen to work with both the public and private sectors in Namibia in developing a robust pipeline of projects. 

The European Union concluded a strategic partnership with Namibia on supply of sustainable raw materials and renewable hydrogen.