Business

With Black Friday just around the corner, it’s important for consumers to exercise caution and self-discipline when managing their money over this period.

Namibia Airports Company (NAC) last week received interim airport operating licences for all eight airports, having a week earlier timeously submitted licence applications to the Namibia Civil Aviation Authority (NCAA).

A digital health pass called IATA Travel Pass, which has been developed to support the safe reopening of borders, is in the final development phase.

The outlook for the South African economy is bleak and a post-Covid-19 recovery will take as long as five years and by that time the local economy will be 8% smaller than it was pre-pandemic.

The Ministry of Health and Social Services (MoHSS) deferred year-end payments are increasing in terms of drug procurement, which is an indication of the financial pressure in the ministry.

The most awaited annual sales day, Black Friday, is expected to be subdued this year due to so much uncertainty about job security and steady incomes that usually include bonusses.

Ondangwa resident, Brumilda Hikumwa, this weekend became the sixth winner of the Nedbank Kapana Cook-Off competition.

Food and non-alcoholic beverages recorded the highest annual inflation rate in 2020 with 7.1% recorded in October 2020 compared to 4% registered at the same time last year.

The World Bank projects Namibia’s extreme poverty rate to rise by nearly 2.7 percentage points in 2020, as the
Covid-19 pandemic threatens to widen existing large income gaps and increase the already extremely high inequality.

The president of the Namibian Women in Mining Association, Zenzi Natasha Awases, has been recognised among 100 Inspirational Women in Mining globally.