2022-06-06Maihapa Ndjavera The value of exports in April 2022 decreased by 36.4% to N$5.5 billion from N$8.7 billion reported in March 2022. In addition, when compared to N$6.5 billion recorded in April 2021, exports decreased by a notable 15.4%. View more
2022-06-07Maihapa Ndjavera Providing an update on the mission to the World Economic Forum’s annual meeting in Davos, Switzerland, in May, President Hage Geingob said it is now time for Namibia to act and deliver. View more
2022-06-07Maihapa Ndjavera The founder of an annual business summit, Martin Nankela, has encouraged the youth to get busy and not complain that government is not creating enough jobs for them. Nankela, a director of Cross Branding Investments, was speaking this weekend during the second annual business summit in Windhoek. View more
2022-06-08Maihapa Ndjavera Finance minister Iipumbu Shiimi said government has embarked on a study to fully comprehend the overall impact of elevated energy prices on food prices and supplies. View more
2022-06-09Maihapa Ndjavera The United States African Development Foundation aims to invest in Namibian youth and women, specifically through vocational training for job creation in the sphere of agriculture and to develop small and medium enterprises. View more
2022-06-09Maihapa Ndjavera President Hage Geingob yesterday stressed for technology to be a force for development for all Namibians, saying it must reach everyone. View more
2022-06-10Maihapa Ndjavera One-hundred families on Wednesday became homeowners. This happened in Windhoek’s informal settlements under the Informal Settlement Upgrading Affordable Housing Pilot Project. View more
2022-06-10Maihapa Ndjavera Namibia surpassed Australia and Canada in 2021 to become the world’s second largest primary producer of uranium oxide. View more
2022-06-13Maihapa Ndjavera Bank of Namibia has appealed to commercial banks to continue being open and accommodative to local small businesses, and investigate innovative ways and means to be more supportive to assist and support economic recovery efforts. View more
2022-06-16Maihapa Ndjavera Khomas taxpayers owe an astounding N$5.6 billion in capital to the Namibia Revenue Agency. This exorbitant amount excludes interest and penalties. View more
2022-06-20Maihapa Ndjavera Homeowners at Osona Village just outside Okahandja have been up in arms over what they call regular power outages for almost four days. Some residents claimed their electric appliances have been damaged and perishable food spoiled during the persistent interruptions. View more
2022-06-20Maihapa Ndjavera Popular Democratic Movement (PDM) parliamentarian Nico Smit is concerned that the fast rising repo rate goes against very basic economic fundamentals. Speaking during a media briefing on Friday, Smit cautioned that a sudden increase in the repo rate would result in a liquidity risk to the broader economy. View more
2022-06-21Maihapa Ndjavera Namibia, like many other African countries, has more people under the age of 18 than many other countries around the world. This youth population in Namibia and the rest of Africa is projected to double by 2050, which will place more and more stress on already strained economic resources. View more
2022-06-22Maihapa Ndjavera For Namibia to trade locally, regionally and globally, it is a regulatory requirement for products produced or manufactured domestically to be of quality and also that the quantity and packaging standards meet international requirements. View more
2022-06-23Maihapa Ndjavera President Hage Geingob yesterday reiterated the call for Namibia’s income level by the World Bank to be reclassified, saying the current classification as an upper middle-income country is insensitive to distortions created by the unequal distribution of resources. View more
2022-06-23Maihapa Ndjavera After experiencing regular power outages for a number of days last week, homeowners at Osona Village just outside Okahandja have been assured the cause of the problem has been identified and that the situation is being closely monitored. View more
2022-06-23Maihapa Ndjavera National Petroleum Corporation of Namibia (Namcor) chairperson Jennifer Comalie has applauded all exploration partners after light oil was discovered in Namibia in February 2022, saying all stakeholders are aligned to commence with production as quickly as possible. View more
2022-06-24Maihapa Ndjavera 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. View more
2022-06-24Maihapa Ndjavera In line with Namibia’s economic diplomacy, the country continues to promote mutually beneficial bilateral relations to achieve its overarching socio-economic developmental objectives. View more
2022-06-27Maihapa Ndjavera 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. View more
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