In 2021, Namibia will hold its 4th Population and Housing Census. The census is better known for counting people; however, the statistics that a population and housing census provides is much more than just counting people. Namibia’s first census was held in 1991, the second in 2001, the third in 2011 and the next one to be held in 2021, as indicated above.
Business
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Stable inventories keep fuel unchanged for February
WINDHOEK – Namibian fuel pump prices will remain unchanged for February at NS13.05 per litre for 95 Octane Unleaded Petrol and N$13.63 per litre for Diesel 50ppm in part to the fixed level of global fuel inventories.
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B2Gold spearheads conservation with 1 000 ounces of gold
WINDHOEK - B2Gold Corporation last week handed over a ground-breaking donation of 1 000 ounces of Namibian gold representing a monetary value of N$25 million.
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Namibian IPP offering 120MW supply to Eskom
WINDHOEK - Namibian independent power producer Arandis Power says it is offering the South African utility Eskom 120MW of flexible power generation capacity within the framework of the Request for Information (RFI) that was issued on 13 December 2019 by the South African Department of Mineral Resources and Energy in respect of a “Risk Mitigation Power Procurement Programme”.
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40% of contractual savings invested in local economy
WINDHOEK – Kenneth Matomola, the chief executive officer (CEO) of the Namibia Financial Institutions Supervisory Authority (Namfisa), revealed yesterday that 40% of contractual savings are invested in the local economy with the remaining 60%
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Development bank cautions on ‘instant business plans’
WINDHOEK – The Development Bank of Namibia (DBN) has cautioned the public on ‘instant business plans’ that are being promoted on various social media for SMEs and skills-based youth finance.
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Have you set your financial new year’s resolutions?
WINDHOEK – It is a new year and for many people, this is the time to start afresh by setting new goals. In the midst of setting new goals, it is important to also include financial resolutions.
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De Beers rough diamond production decreased by 7.8 million carats
WINDHOEK – De Beers rough diamond production decreased by 15% to 7.8 million carats, driven by lower production levels in South Africa and Botswana. This was stated by Anglo American in its production report for Q4 which was released last week.
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RA moves on to final stretch of Whk to Okahandja road
WINDHOEK – The Roads Authority (RA) yesterday celebrated the completion within the stipulated timeframe and within budget of Section 4A of one of the busiest roads in the country, namely the freeway between Windhoek and Okahandja. Section 4A is comprised of 27.6 km of road which has now also been upgraded from a dual carriageway to a four-lane freeway.
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Central bank’s international reserves decline to N$32.3 billion
WINDHOEK – The stock of international reserves held by the Bank of Namibia (BoN) declined both on an annual and quarterly basis at the end of the third quarter of 2019, Bank of Namibia governor Iipumbu Shiimi said in the central bank’s quarterly report for Q3 2019.