Food and non-alcoholic beverages recorded the highest annual inflation rate in 2020 with 7.1% recorded in October 2020 compared to 4% registered at the same time last year.
Business
‘Poverty rate to rise by 2.7%’
The World Bank projects Namibia’s extreme poverty rate to rise by nearly 2.7 percentage points in 2020, as the
Covid-19 pandemic threatens to widen existing large income gaps and increase the already extremely high inequality.
Awases one of 100 global Inspirational Women in Mining
The president of the Namibian Women in Mining Association, Zenzi Natasha Awases, has been recognised among 100 Inspirational Women in Mining globally.
RMB announces brand refresh
RMB has refreshed its brand to align with its evolved business strategy in a rapidly advancing digital world.
Warning against fraud as Natis opens in Omuthiya
OMUTHIYA – Deputy Minister of Works and Transport, Veikko Nekundi, has warned the public and staff members not to indulge in fraudulent activities as Natis starts operations in Omuthiya.
Academy for Women Entrepreneurs Program commences
The first cohort of the 2020 Academy for Women Entrepreneurs (AWE) will consist of 28 participants from Windhoek who will receive the training virtually due to the Covid-19 pandemic.
SMEs rescued with N$500 million…Covid-19 loans to be made through commercial banks
Government, in partnership with the participating commercial banking institutions and with financial support of the Bank of Namibia, on Friday announced the commencement of the Covid-19 SME loan scheme to the tune of N$500 million.
Housing demand still outstripping supply
Namibia’s housing demand continues to outstrip supply and it is estimated that the country’s housing backlog shortage is hovering above the 110
Financial tips for young adults
“Although student debt can be significant and the desire to take advantage of one’s youth can lead to some reckless spending, the beginning of adulthood is a critical period to ensure a prosperous future for yourself.
Opinion – How businesses can adapt to new norms and navigate post-Covid-19
All businesses globally have been severely impacted by the Covid-19 environment which somehow brought about new abnormalities that we must all strive to adapt to if we are to successfully navigate this pandemic and avoid any severe impact to businesses.