JOHANNESBURG – International banking group Standard Chartered and telecommunications company Airtel Africa on Thursday announced they would collaborate to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. In a joint statement, the companies said they would work together to create new products aimed at enhancing...
At the recent formulation meeting of the economic advancement chapter for phase two of the Harambee Prosperity Plan (HPP), it was proposed that Namibia’s fiscal policy stance should pass through three phases over HPP2, namely from 2020 to 2025. Fiscal policy is considered by economists as very effective during economic downturns and in monetary unions. ...
JOHANNESBURG – Regional intergovernmental organisation the East African Community (EAC) announced it would launch a regional electronic cargo and driver-tracking system (RECDTS) yesterday at the Rusumo border post between Rwanda and Tanzania. Addressing a weekly online EAC ad hoc regional co-ordination committee (EARCC) meeting on Covid-19 last Friday, the deputy secretary-general in charge of productive...
JOHANNESBURG – Business confidence in South Africa ticked up in July compared with June, but remained sharply lower from a year ago as the economy felt the continued pressure from the Covid-19 pandemic, a survey showed on Wednesday. The South African Chamber of Commerce and Industry’s (SACCI) business confidence index (BCI) recovered further to 82.8...
KHORIXAS – Street vendors that sell fruit and vegetables at Outjo and Khorixas said that business has returned to normal and customers are being received in numbers as it was before the Covid-19 outbreak. In interviews with Nampa, the vendors said that after it was announced that nationwide movement restrictions have been eased from stage...
KEETMANSHOOP – There is a need for the promotion of inland fisheries as it can improve food security and generate income, Minister of Fisheries and Marine Resources, Albert Kawana has said. Kawana said this during a stakeholder meeting held at the Fonteintjie fish farm at Keetmanshoop on Monday.The minister said it is time for Namibians...
Minister of Public Enterprises, Leon Jooste has confirmed the appointment of the new board of directors for the National Petroleum Corporation of Namibia (Namcor). The board appointments were made in line with Section 9 of the Public Enterprises Governance Act and their term is effective from 10 August 2020 to 9 August 2023, constituting a...
Jurgen Isaacs Namibia often gets accused of being a backwater … the phrase; “We can’t have nice things because we live in Namibia,” well that is simply not true. There’s very little you can think of that you will not be able to purchase, rent or acquire in Namibia. The only difference is, you won’t...
The Construction Industries Federation of Namibia (CIF) considers the establishment of a national construction council a most critical and crucial step towards maintaining and further developing the local construction sector. While similar legislation was already tabled in Parliament in 2010, this was however not passed by the legislature. Since then the CIF says, it not...
In a very short time, the coronavirus has changed so much about our lives. It is easy to think you’ll never get ahead when you have mounting bills to pay, on a reduced or lost income and limited savings, all because of a pandemic that no one saw coming. But it can be done. Take...