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.
OMUTHIYA – The Omuthiya Town Council has banned street vendors and informal traders at open markets in anticipation of the lockdown instituted by President Hage Geingob with effect on Friday.
MTC has embarked on an aggressive response strategy to help fight Coronavirus, setting in motion a plan to be funded with N$1 million. The funds will be distributed to different critical areas as per the strategy, including information sharing, education sharing, prevention, facility investment, as well as service delivery.
RUNDU - The Covid-19 outbreak will cause a major slowdown in economic activity in Namibia, as it has done elsewhere in the world, local economic analyst Mally Likukela said this week
Selma Nampila is an example of a really disadvantaged Namibian. She was born 42 years ago in the village Ehwalyatulu in the Oshikoto region.
As Namibians and the international community continue to intensify efforts to curb the spread of Covid-19, FNB says it is committed to help its customers stay healthy by banking safely and conveniently.
In response to the announcement by the Monetary Policy Committee of the Bank of Namibia to decrease the policy rate as announced on 20 March 2020, Bank Windhoek hereby confirms the reduction of its Prime Lending Rate by 1.00% from 10.00% to 9.00%. The Mortgage Lending Rate will decrease from 11.00% to 10.00%