2022-01-05Maihapa Ndjavera Namibia’s current account balance worsened to a deficit of N$6.4 billion compared to a lower deficit of N$315 million in the corresponding quarter of 2020 and N$3.1 billion a quarter ago. View more
2022-01-05Maihapa Ndjavera In an effort to encourage consumers and retailers to consume what is locally available, the government through the Namibia Agronomic Board released a statement last month that borders will be closed for the month of January 2022 for many horticulture products as there is enough locally. View more
2022-01-06Maihapa Ndjavera The City of Windhoek is planning to stop the provision of free water in informal settlements from next month because of the financial burden the service put on the council. View more
2022-01-06Maihapa Ndjavera During the third quarter of 2021, Namibia recorded a trade surplus of N$2.7 billion on agriculture, forestry and fishing products. View more
2022-01-06Maihapa Ndjavera Government through the finance ministry assured the nation that the chances of defaulting on the N$3.9 billion budget deficit loan Namibia received last year from the International Monetary Fund are minuscule. View more
2022-01-07Maihapa Ndjavera Among the various industries of the economy, the manufacturing industry emerged as the largest exporting industry for October 2021. The industry exported goods worth N$5 billion, representing 60% of total exports. View more
2022-01-07Maihapa Ndjavera Namibia is faced with major supply-side constraints, and strategic actions are required to enable the country to position itself in African markets and value chains if it wants to reap potential benefits from the African Continental Free Trade Area. View more
2022-01-10Maihapa Ndjavera The Institute for Public Policy Research has warned that if Namibia is to develop a top class international green hydrogen brand, the tax regime will need to be clear from the beginning. View more
2022-01-10Maihapa Ndjavera The medical aid fund industry was financially sound and well capitalised as of 30 September 2021 despite the challenging macroeconomic climate coupled with the impact of Covid-19. View more
2022-01-11Maihapa Ndjavera Despite recent exuberant pronouncements on green hydrogen in Namibia, director of VO Consulting, Detlof von Oertzen said celebrations that green hydrogen is set to transform Namibia’s economy remain premature. View more
2022-01-12Maihapa Ndjavera Economic challenges caused by the Covid-19 pandemic had significant impacts on the agricultural sector and particularly on fresh producers in Namibia. View more
2022-01-13Maihapa Ndjavera Hydrocarbon exploration in Namibia was given a massive boost, with word spreading fast within the industry that Shell’s high impact Graff-1 exploration well offshore Namibia has discovered light oil. View more
2022-01-13Maihapa Ndjavera Namibia Brewery Limited competitors are creating new beverage categories for consumers outside the boundaries of premium beers committed to the Reinheitsgebot. View more
2022-01-14Maihapa Ndjavera Finance minister Iipumbu Shiimi reaffirmed during yesterday’s 39th Covid-19 national briefing that economic recovery lies in Harambee Prosperity Plan (HPP) II. View more
2022-01-14Maihapa Ndjavera Many people use cash loans to cover an unexpected expense, like an unexpected medical bill or the death of a loved one. But back-to-school expenses and spontaneous festive spending continue to haunt January pockets. View more
2022-01-17Maihapa Ndjavera Consumers in Namibia have been experiencing higher prices on products and services recently due to many economic disruptions caused by Covid-19. View more
2022-01-17Maihapa Ndjavera Namibia Financial Institution Supervisory Institutions last week cautioned the public on microlenders retaining possession of bankcards and PIN codes as well as original identification documents (passports, driver’s licenses or IDs) of borrowers. View more
2022-01-18Maihapa Ndjavera To overcome rampant poverty in Namibia, the World Bank in its latest overview advised the implementation of crucial structural policy reforms that it said will be a prerequisite to raise domestic growth potential. View more
2022-01-19Maihapa Ndjavera Namibia’s Diamond Production Index increased on a monthly basis by 5.4% in November 2021, compared to a miniscule growth of 1.6% recorded a month earlier. On an annual basis, the index increased by 3.3%. View more
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