The southern corridor development initiative in the //Kharas region, through a massive investment of US$10 billion by Hyphen Hydrogen Energy,
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Oil importers warned to expect wider deficits
The International Monetary Fund (IMF) said the Russia-Ukraine conflict is a major blow to the global economy that will hurt growth and raise prices.
Banks should serve all Namibians – Geingob
President Hage Geingob encouraged Namibian financial institutions to continue holding hands with government by supporting the second phase of Namibia’s struggle – economic emancipation.
Geingob: Sats ge !hausen tide Namibiab ǁga hāsa
!Hūb di ǁûb, Hage Geingob ge ǂâi!nâǁgui ra ǁguiri-aona ǁnāti ī ǁawosasiba ge mā, Namibiab !nâ hā ǁguirisan tātsēs tsîna !hausen tidesa.
June fuel price hike causes chills
Consumers, who are already struggling with massive increases in food prices and more expensive bank loans, will have to tighten their belts further, as government yesterday announced massive fuel price increases.
Rescue Task Force calls for business protection
As one of the immediate business rescue initiatives, the Business Rescue Task Force recommended government to protect Namibian entrepreneurs by ensuring foreigners do not trade in areas where Namibians have sufficient capacity.
Nuyoma cautions against early withdrawal
Government Institutions Pension Fund (GIPF) CEO David Nuyoma has highlighted some of the negative impacts of early pension withdrawals, saying the money on average lasts for a mere 18 months after individuals elect to resign before their retirement age.
No relief for consumers
Consumers who tightened their belts during the last couple of years due to the impact of Covid-19, coupled with a persistent recession, recent fuel and food price hikes, were hammered again yesterday as the Bank of Namibia increased the repo rate with 25 basis points from 4% to 4.25%.
Govt stands firm on hydrogen project transparency …as IPPR red flags awarding six months old company
The legislative framework, rationale and subsequent adopted approach used to launch Namibia’s green hydrogen request for proposal has been explained by the country’s green hydrogen commissioner, James Mnyupe.
Shiimi: Higher civil servants’ salaries will worsen deficit
Finance minister Iipumbu Shiimi pointed out the contradiction of some parliamentarians lamenting the size of the budget deficit and consequently the increase in government debt, while still advocating for the increase in civil servants’ wages.