Andre Messika Diamond, a supplier of polished diamonds to the luxury jewellery market that recently opened a polishing factory in Windhoek, this week opened the very first parcel of Namibian rough diamonds purchased from Namib Desert Diamonds.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Post
TransNamib workers apply brakes
Employees of the national rail service operator, TransNamib, will embark on a nationwide strike on Monday to show their frustration with contentious labour matters.
Post
Diversify private sector to escape the middle-income trap
To escape the middle-income classification trap, Namibia must focus on building a diversified private sector.
Post
NamRA initiative to eliminate border delays…new initiative provides trading transparency and predictability
The Namibia Revenue Agency (NamRA) yesterday launched an advanced ruling programme, which is an official written biding decision on classification, origin or valuation of goods prior to an import or export transaction.
Post
SOE dominance causes nightmares for private sector…World Bank proposes level playing field for better service delivery
Namibia’s largely monopolistic market structure and the dominant public sector create an uneven playing field to the detriment of the private sector.
Post
Housing backlog headache
As Namibia’s urban population is expected to increase from 52% to 60% by 2030, the country’s demand for formal housing is increasing with urbanisation and offers a key economic opportunity.
Post
EU commits N$627 million for Namibia until 2024
The European Union has officially adopted its multi-annual indicative programme for Namibia for 2021 to 2017. Through this programme, the EU commits to provide N$627.3 million (37 million euro) for the initial period of the programme, running from 2021 to 2024.
Post
Fat cake vendors cry over escalating oil prices
An astronomical increase in prices for household oils and fats, which increased by more than 15% in March 2022 compared to 9.4% recorded during the same time last year, is beginning to take its toll on informal traders.
Post
Namibia’s May exports high
For the month of May 2022, Namibia’s exports earnings stood at N$5.7 billion, down by 5.2% on monthly basis, while the imports bill amounted to N$10.2 billion, up by 1.9% on monthly basis resulting in a trade deficit of N$4.6 billion. This is up 12.3% when compared to 4.1 billion observed in April 2022.
Post
Alweendo: Neglecting other sectors could cause oil curse
Mines minister Tom Alweendo has reiterated his stance that the presence of oil in Namibia can be beneficial, and does not automatically need to lead to the dreaded oil curse.