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EU commits N$627 million for Namibia until 2024
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EU commits N$627 million for Namibia until 2024

The European Union has officially adopted its multi-annual indicative programme for Namibia for 2021 to 2017. Through this programme, the EU commits to provide N$627.3 million (37 million euro) for the initial period of the programme, running from 2021 to 2024.

Spending in the right places will push recovery
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Spending in the right places will push recovery

Local economist Robert McGregor believes government is spending money in the wrong places that will never translate into driving the economy forward. During an economic outlook discussion last week, he stressed the importance of utilising the development budget to drive long-term growth. 

Full upgrade slated for Mokuti Etosha Lodge
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Full upgrade slated for Mokuti Etosha Lodge

The Ohlthaver & List (O&L) Group this week confirmed that Mokuti Etosha Lodge, a property of its subsidiary O&L Leisure, will undergo full renovations. As a result, the lodge will be closed from 22 March 2022 for a period of 12 to 15 months for the envisioned refurbishments to be completed.