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RMB expects 3% domestic growth for 2022
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RMB expects 3% domestic growth for 2022

According to Rand Merchant Bank’s (RMB) Markets Research team, Africa’s outlook for the year-ahead includes optimism for growth in Namibia over the medium-term, which will be determined by efforts of both the private and public sectors to increase renewable energy across the country. 

EU invests N$36 million in  solid waste management
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EU invests N$36 million in solid waste management

During a virtual ceremony on Monday, 31 January 2022, City of Windhoek mayor Sade Gawanas signed an agreement with her counterpart from the City of Bremen, mayor Andreas Bovenschulte, to implement a European Union-funded project to improve solid waste management in Windhoek.

Trustco revenue down 49% to N$313 million …as losses after tax up by 190% to N$988 million
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Trustco revenue down 49% to N$313 million …as losses after tax up by 190% to N$988 million

For the 2021 financial year, Trustco reported a decrease in revenue of 49% to N$313 million, with an increase in basic as well as headline losses of 228% and 201% respectively, or losses down to N$872 million and N$766 million, respectively. Losses after tax increased by 190% to N$988 million, compared to a loss after tax of N$343 million the previous year. 

Windhoek urged to reclaim clean status
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Windhoek urged to reclaim clean status

The head of the EU Delegation to Namibia, Sinikka Antila, urged the City of Windhoek to utilise the means available under the solid waste management project to bring Windhoek back to its cleanest city in Africa position. 

Gawanas: Amupanda  signature statement misleading
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Gawanas: Amupanda signature statement misleading

The mayor of Windhoek has accused her predecessor Job Amupanda of tarnishing the image, reputation and integrity of the city by sharing parts of a page showing acting chief executive officer Jennifer Comalie signing a document to both recommend and approve its content.