Business

WINDHOEK – Late last week, Air Namibia confirmed that after a temporary three-month suspension, it has re-introduced the Windhoek to Luanda route back to its schedule. The Windhoek to Luanda flights were scheduled to re-commence its Angolan operation yesterday.

WINDHOEK – The risks to Namibia’s credit rating outlook are bound to increase considering last year’s fiscal developments coupled with the fact that government is unlikely to be able to consolidate this year’s budget deficit.

WINDHOEK - The Ministry of Industrialisation, Trade & SME Development, through the Business and Intellectual Property Authority, on behalf of the Government of Namibia, launched the first National Policy on Intellectual Property during a high-level breakfast engagement on Wednesday in Windhoek.   

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.

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.

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’.

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.

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.

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.

WINDHOEK - Namibia has achieved global maritime safety standards by upgrading its Navigational Telex (Navtex) system.