Namibia’s trade activities increased significantly for the period of January to December 2021 when compared to the same period of 2020.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Labour ministry warns against mandatory vaccinations
The labour ministry does not, at this juncture, advise employers to introduce mandatory vaccinations at workplaces. Rather, the ministry, as the government’s authority on all labour matters, advises that employers address Covid-19 at the workplace with a policy that is consistent with government’s official position.
Black business network questions DBN mandate …bemoan repossession of businesses and homes
The Black Business Leadership Network of Namibia (BBLNN) held a peaceful demonstration on Friday, where it alleged the Development Bank of Namibia (DBN) has adopted a mandate of liquidating mostly black businesses.
Home repossessions a last resort
Government is consulting key stakeholders to prevent vulnerable persons from losing their primary homes as banks foreclosed on houses valued at N$230 million during the first six months of 2021.
Main enumeration budget for census reduced to N$606 million
Although the main enumeration for this year’s Housing and Population Census during the financial year of 2022/2023 was estimated to be N$950 million, the Namibia Statistics Agency (NSA) said it was able to adopt measures to further reduce the budget to about N$606 million.
Aochamub brings French business delegation
A French business delegation from T&T Corporation is on a five-day visit to explore potential industries for investment in Namibia. The delegation is led by Namibia’s ambassador to France, Albertus Aochamub.
Electronic procurement the way forward
World Bank Acting Country Director, Asmeen Khan, believes electronic government procurement, also known as e-GP, will help Namibia fight the devastating economic impact of Covid-19.
Expenses deteriorate short-term insurance profit
Short-term insurance, generally speaking, covers possessions, referring to car insurance, home insurance, cellphone insurance, travel insurance, etc. Short-term insurance covers, as well as monthly premiums, are influenced by circumstances such as age and gender.
Reopening of border posts to jump start trade
The free movement of goods and people between Namibia and Angola will soon recommence.
Namibia’s trade deficit narrows to N$3.3 billion
For the month of November 2021, Namibia recorded a trade deficit of N$3.3 billion, which is a significant improvement from the revised trade deficit of N$6.9 billion recorded in October 2021.