Commentators believe demand for local major exports will likely increase as the country pins its hopes on international trade and world output to recover from a disastrous 2020.
Business
German entities reject import of local bushwood
About 14 entities in Germany and four outside the European country have objected against the importation of Namibian bushwood for use in power and heat plants in Hamburg.
Positive returns increase demand for Govt bonds
The demand for government bonds slightly rose during the second quarter of 2020 due to relatively attractive returns.
N$1.9bn trade deficit for August
In August 2020, Namibia’s exports stood at N$6.3 billion and imports at N$8.2 billion, subsequently, the country’s trade balance resulted in a deficit of N$1.9 billion.
Local diamonds a cut above the rest
Namibian diamonds are of great quality, with the highest average value per carat in the world, Namibia Desert Diamonds (Namdia) general manager of sales and marketing Lelly Usiku said last week during an orientation session.
New SuperSport app redefines mobile sports experience
SuperSport has unveiled an all-new app for sport fans, supplementing the network’s broadcast offering.
NWR partners with NTA apprenticeship programme
Namibia Wildlife Resorts (NWR) says it is making solid progress in giving effect to an apprenticeship funding agreement entered into with the Namibia Training Authority (NTA) earlier this year.
Some N$3.9 billion spent annually on senior citizen grants
More than 183 000 senior citizens receive a monthly social grant, which costs the State some N$3.9 billion annually and constitutes coverage of 96% of those qualified to benefit.
Travel restrictions hamper southern Africa’s economic recovery
The Airlines Association of Southern Africa (AASA) has warned that if the latest leisure travel restrictions are maintained, southern Africa’s aviation industry and the region’s entire economy will face a much slower and arduous recovery.
Opinion – Personal Finance 101: Key Concepts
Personal finance is a term that covers the planning and managing of one’s personal financial activities such as budgeting, saving, insurance, debt management and retirement planning to name a few