In August 2020, Namibia’s exports stood at N$6.3 billion and imports at N$8.2 billion, subsequently, the country’s trade balance resulted in a deficit of N$1.9 billion.
Business
Local diamonds a cut above the rest
Namibian diamonds are of great quality, with the highest average value per carat in the world, Namibia Desert Diamonds (Namdia) general manager of sales and marketing Lelly Usiku said last week during an orientation session.
New SuperSport app redefines mobile sports experience
SuperSport has unveiled an all-new app for sport fans, supplementing the network’s broadcast offering.
NWR partners with NTA apprenticeship programme
Namibia Wildlife Resorts (NWR) says it is making solid progress in giving effect to an apprenticeship funding agreement entered into with the Namibia Training Authority (NTA) earlier this year.
Some N$3.9 billion spent annually on senior citizen grants
More than 183 000 senior citizens receive a monthly social grant, which costs the State some N$3.9 billion annually and constitutes coverage of 96% of those qualified to benefit.
Travel restrictions hamper southern Africa’s economic recovery
The Airlines Association of Southern Africa (AASA) has warned that if the latest leisure travel restrictions are maintained, southern Africa’s aviation industry and the region’s entire economy will face a much slower and arduous recovery.
Opinion – Personal Finance 101: Key Concepts
Personal finance is a term that covers the planning and managing of one’s personal financial activities such as budgeting, saving, insurance, debt management and retirement planning to name a few
Virus delays Ongos Valley progress by four months…over N$150 million already invested in infrastructure
Ongos Valley developers, who aim to eliminate Windhoek’s housing crisis by constructing 4500 housing units during the first phase of the project, which runs util 2023, and up to 28 000 over a 15 to 20-year period, have admitted that the much-awaited development has been delayed by four months due to the Covid-19 outbreak and its associated lockdowns.
Opinion – The multi-billion-dollar online scam industry (Part 1)
Internet scam is a general term used to describe the use of internet services or software to defraud an unsuspecting victim for financial gain.
NamibRe celebrates 19th anniversary
Last month NamibRe celebrated its 19th anniversary of corporate existence.