Business

For thousands of years it was only a privilege of a few people to learn reading and writing. Lack of this knowledge was a tool, like the whip in slavery, to oppress the masses, in particular girls and women. Luckily, this has changed in most parts of the world including Namibia. 

The free reconnection of unpaid water for Windhoek residents will cost the city N$8.9 million, City of Windhoek Chief Executive Officer Robert Kahimise announced on Monday.

After much speculation about the upcoming tabling of the national budget, newly appointed finance minister Ipumbu Shiimi has confirmed the 2020/21 Appropriation Bill will be delayed until further notice. 

Preparations have kicked off for Namibia’s biggest biomass event of the year, with Standard Bank committing to be the main sponsor. 

The Skorpion Zinc mine and refinery in southern Namibia has confirmed it will be placed in care and maintenance in April 2020, which will affect about 1 500 employees.

The Namibia Financial Institutions Supervisory Authority (Namfisa) has encouraged the public to adhere to all public notices issued by government in relation to Covid-19 and to contact their medical aid funds for clarity on their benefit option limits. 

Petrol prices will come down by a whopping N$1.70 per litre and diesel will decrease N$1.20 per litre on 1 April 2020 as global demand for the oil wanes in the face of the crippling impact of the Covid-19 outbreak. 
The massive drop in local oil prices was announced even as the local currency depreciated against the United States greenback. 

Ethiopian Airlines, the Pan-African carrier, has delivered medical supplies donated by Jack Ma, the founder of China’s e-commerce giant Alibaba, to 39 African countries within five days. 

Air Namibia recently confirmed the temporary suspension of all flights, inclusive of domestic and regional flights effective today, 27 March, until 20 April. Long haul flights (international) remain suspended since 14 March and further updates will be communicated.  

When Namibia recorded its first case of corona on 14 March 2020, President Hage Geingob put measures in place to safeguard the lives of the Namibian citizens. However, on 24 March 2020, Namibia had seven confirmed cases of Covid-19.