WINDHOEK - The economic recovery and growth stimulus package announced by Finance Minister Calle Schlettwein on Tuesday during the Budget Review and the Medium-Term Budget Policy Statement, consists of four interdependent components over the short and medium-term horizon.
Business
BoN leaves repo rate unchanged at 6.50 percent
WINDHOEK – After a review of global, regional and domestic economic and financial developments, the Bank of Namibia’s Monetary Policy Committee (MPC) yesterday announced that the country’s repo rate will remain unchanged at 6.50 percent.
Schlettwein calls for collective effort to reboot economy
WINDHOEK – During a post-mid-term budget breakfast yesterday Finance Minister Calle Schlettwein reiterated a comment from his mid-term budget statement that Namibia still has significant discrepancies between the ‘haves’ and the ‘have nots’.
Malulu aims for sustainable production of local school uniforms
WINDHOEK - In some parts of the world, tailoring is regarded as pastime. Conversely, Fiina Malulu, considers tailoring to be an activity which may positively impact Namibia’s economy if her business concept is supported locally. Malulu, who is self-employed in the tailoring industry, is the owner of Fojarat Investment cc, a local business that designs, produces and repairs clothing for all Namibian age groups.
Pay less for recycled water and save with Eco Smart Water Technologies
WINDHOEK – As Namibians grapple with one of the worst droughts in recent history, coupled with an economic recession going on three years now, there has been increased interest from consumers and businesses in installing waste water treatment facilities that can convert grey or black water into a useable product.
Opinion: Cyber-security is not a ‘nice-to have’
Namibia seems to be a safe and secure haven, we go about our business and relish the idea of telling foreigners about our beautiful country in Southern Africa, assuming that almost no one has ever heard of it.
Namibia’s Navtex station inaugurated
WINDHOEK - Namibia has achieved global maritime safety standards by upgrading its Navigational Telex (Navtex) system.
Telecom Namibia, Napwu reach wage agreement
WINDHOEK - Telecom Namibia (TN) and the Namibia Public Workers Union (Napwu) signed a one-year wage agreement on Monday.
Standard Bank wins Best Investment Bank in Namibia award
WINDHOEK - Standard Bank has scooped the top spot as Namibia’s Best Investment Bank in the EMEA Finance 2019 Awards.
MTC in Zurich to gear up for 5G
WINDHOEK - In preparation for the imminent arrival of 5G technologies in Sub-Saharan Africa, Mobile Telecommunications Limited Namibia (MTC) says that as a market leader and provider of next generation convergence network solutions it is committed to ensuring that it continues providing its 2.4 million customers with innovative technologies and services