Business

Time for policymakers to take tough decisions… as public debt rises above expectations

2021-01-22 Maihapa Ndjavera

Opinion - MTC posts N$2.6 billion in revenue for 2019/20 …declares almost a billion dollars in dividends

2021-01-22 Edgar Brandt

Time for farmers to take advantage of rainfall

2021-01-21 Maihapa Ndjavera

NIPA welcomes PAAB Act proposal

2021-01-20 Staff Reporter

The Namibia Institute of Professional Accountants (NIPA) has welcomed proposed amendments to the Public Accountants’ and Auditors’ Board (PAAB) Act, saying these will improve accountability and trust in the industry.

Policy solution finalised for Peugeot assembly plant

2021-01-20 Edgar Brandt

There is light at the end of the tunnel for the N$190 million-dollar Peugeot Opel Assembly Namibia (POAN) venture at Walvis Bay as legislation to enable the exportation of the locally assembled vehicles into the Southern African region has been finalised.

Heavy debt levels confront Namibia amidst pandemic

2021-01-19 Edgar Brandt

Namibia’s debt burden was expected to reach 70% of Gross Domestic Product (GDP) by the end of 2020 and then to increase further to 74% during 2021.

Opinion - Covid-19 and the triple bottom line: Emphasis on people

2021-01-18 Staff Reporter

The salmon run takes guts and effort, still knowing that you will die afterwards.

Bird flu outbreak suspends poultry imports

2021-01-18 Maihapa Ndjavera

The agriculture ministry last week suspended the import and in-transit movement of live poultry, birds, and poultry products following the outbreak of a highly pathogenic avian influenza (HPAI) in some countries.

Local producers need stimulus package - economist

2021-01-18 Edgar Brandt

Both public and private businesses should strive to procure all goods and services locally, which, when coupled with a stimulus package for producers, should put the Namibian economy well on the road to recovery from the devasting effects of the Covid-19 pandemic that exacerbated the country’s already dire straits.

Bank Windhoek is PSG’s Banking Review Best Bank for 2020

2021-01-15 Staff Reporter

PSG Namibia’s 2020 Banking Review has ranked Bank Windhoek as the Best Bank in the country for the second consecutive year.

DBN confirms N$450m for Covid-19 business relief... tourism, hospitality, transport/logistics to be prioritised

2021-01-15 Staff Reporter

Development Bank of Namibia (DBN) late Wednesday confirmed that as of Monday, 18 January it will launch a N$450 million facility for Covid-19 business relief loans.

Diamonds output continues with an uptick … even as sector is struggling

2021-01-15 Maihapa Ndjavera

In an analysis for the mining sector for November 2020, the mining composite index declined 16.2% when compared to the preceding month, and 7.3% for November 2019, respectively. According to trade statistics for November 2020, released yesterday by the Namibia Statistics Agency (NSA), the reduction in the index is due to the production of all minerals that were down except for diamond that registe