Author: Maihapa Ndjavera (Maihapa Ndjavera )

The agriculture, forestry and fishing sector has not been spared from the pressure of market distortions resulting from the Covid-19 calamity.

The domestic economy’s performance continued an upward trend, recording a growth of 5.3% in the first quarter of 2022 when compared to a decline of 4.9% registered in the corresponding quarter of 2021.

A N$15.2 million tax refund scam uncovered by the Namibia Revenue Agency and revealed at the end of March this year, has now more than doubled to N$36 million. 

The German Federal government mobilised additional resources of approximately N$256 million as grant aid to support Namibia in mitigating the challenges of the Covid-19 pandemic in the conservation and tourism sector.

The Namibian government is concerned over the negligible level of trade and investment between Namibia and Angola.

Metrology, or the the scientific study of measurements, is important in daily lives of consumers and businesses as it reinforces quality in manufactured goods and processes through accurate and credible measurements.

Alpha Namibia Industries Renewable Energy Power (ANIREP) has researched, modelled and established a Namibian clean energy u-curve, showing that with a N$30 billion investment, the country could already be self-sufficient and could be exporting electricity to the region. 

The Namibia Power Corporation on Friday inaugurated its fully-owned and operated renewable energy plant, the Omburu 20MW PV power station. The project is one of four renewable energy-generation projects aimed at increasing local generation capacity and ensuring security of supply.

In line with Namibia’s economic diplomacy, the country continues to promote mutually beneficial bilateral relations to achieve its overarching socio-economic developmental objectives.

The Road Fund Administration (RFA) projects it will require about N$4.3 billion per annum to rehabilitate Namibian roads. The administration currently collects only about N$2.5 billion per annum from road users, which translates into a shortfall of N$1.8 billion.