Business

WINDHOEK – The Hardap Region had been allocated N$284.7 million for the development budget during the 2019/2020 financial year. As tabled in the national budget by Minister of Finance Calle Schlettwein, in March this year, the Hardap Region’s development budget is expected to decrease slightly to just under N$260 million in the 2020/21 financial year, before rebounding to more than N$282.3 million in the 2021/22 financial year. 

WINDHOEK – Airbus, a global leader in aeronautics, space and related services, is making its debut at the annual Nampo Harvest Day annual four-day trade fair in Bothaville this week, highlighting its latest helicopter and satellite data geo-intelligence solutions for the development of productive and sustainable farming and other agricultural practices.

WINDHOEK – Residential property prices continued to contract during the first quarter of 2019, like they have done since 2018. This is according to the latest FNB House Price Index which recorded a contraction of one percent at the end of March 2019, compared to a contraction of 0.3 percent over the same period last year. Overall, the property market remains lacklustre, as the price index continues to hover in a negative territory. 

WINDHOEK - Star Alliance has officially completed the refurbishment of its lounge at Paris Charles de Gaulle (CDG) Airport. The 980-square-metre facility offers seating for more than 220 guests and features stylish elements inspired by Parisian design and architecture.

WINDHOEK - Sanlam staff, through their  Mother’s Day campaign, recently donated items to expecting mothers and newborn babies at the Katutura Maternity Ward. The campaign termed ‘From One Mother to the Next’

WINDHOEK - The Namibian unemployment rate has been on the rise in recent years. Based on the Labour Survey Report of 2018, the unemployment rate stood at 33.4 percent in 2018, while the youth unemployment rate for persons aged between 19 and 34 stands at 44 percent.

WINDHOEK – The local mining sector has the potential to contribute more to the country’s socio-economic development if government can address all policy and regulatory

Mobile Money is described as mobile payments system based on accounts held by a mobile operator and is accessible from subscribers of mobile phones. Cash is converted into electronic value and vice versa and this mainly happens at

Standard Bank Namibia is excited to collaborate with our clients in the vibrant uranium sector. Over the medium to long term, the uranium sector in Namibia is expected to not only contribute towards the country achieving its socio-economic

WINDHOEK – It is unrealistic for investors in the mining sector to expect no change in policy or legislation during the duration of their investment, as some of these sectoral investments can be as long as 30 years.