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      Dubai Expo costs Namibia N$20 million… original budget estimated in excess of N$40 million

      Dubai Expo costs Namibia N$20 million… original budget estimated in excess of N$40 million

      2021-10-15  Maihapa Ndjavera
      The overall budget for Namibia’s participation at the Dubai Expo 2020 is N$20 million. This includes the N$15 million advanced from the fiscus and N$5 million sourced from additional funding, including financial contributions received from various entities.
      Namdeb’s lifespan extended by 20 years

      Namdeb’s lifespan extended by 20 years

      2021-10-15  Maihapa Ndjavera
      Namdeb Diamond Corporation (Namdeb) yesterday confirmed that despite dwindling land-based diamond production, it has extended the lifespan of its mining operations by 20 years, from 2022 to 2042.
      This four-digit number is top-secret

      This four-digit number is top-secret

      2021-10-14  Staff Reporter
      There is a four-digit number that gives banking customers access to their money. Fraudsters are aware of this information, and are always looking for an opportunity to steal this secret number to defraud them from their hard-earned money.
      ‘Enough’ MTC shares still available 

      ‘Enough’ MTC shares still available 

      2021-10-14  Staff Reporter
      MTC’s Chief Human Capital & Corporate Affairs Officer Tim Ekandjo, says that despite the high uptake of MTC shares currently exceeding expectations, there are still enough shares for every Namibian who wish to apply for them. MTC’s Initial Public Offering (IPO) opened on 20 September and will close on 01 November 2021.
      Domestic debt at 63.2% breaches SADC benchmark

      Domestic debt at 63.2% breaches SADC benchmark

      2021-10-14  Maihapa Ndjavera
      At the end of June 2021, this figure stood at 63.2%. This debt level represents annual and quarterly increases of 6.9 percentage points and 1.8 percentage points, respectively. Generally, government debt as a percent of GDP is used by investors to measure a country’s ability to make future payments on its debt, thus affecting the country’s borrowing costs and government bond yields.
      Namibia promotes natural resources in Dubai

      Namibia promotes natural resources in Dubai

      2021-10-13  Maihapa Ndjavera
      Namibia is promoting its natural resources at the Dubai Expo to attract sustainable investments and mutually beneficial partnerships across the globe.
      SACU and South America to deepen trade relations

      SACU and South America to deepen trade relations

      2021-10-13  Staff Reporter
      Despite severe challenges caused by Covid-19, officials from the Southern Africa Customs Union (SACU) and the South American-based Southern Common Market (MERCOSUR) have reaffirmed their commitment to the full implementation of the Preferential Trade Agreement (PTA).
      Pitch your Fashion business

      Pitch your Fashion business

      2021-10-11  Staff Reporter
      Entries close today for fashion designers, make-up artists and hairstylists to pitch their businesses to a panel of judges and investors, and stand a chance to win N$ 50 000. Fashion Pitch Night will this year take place for the second year running as part of the annual MTC Windhoek Fashion Week (MWFW), which is set for 1-7 November in the capital.
      GIPF takes member education to Omaheke

      GIPF takes member education to Omaheke

      2021-10-11  Staff Reporter
      The Government Institutions Pension Fund (GIPF) is a defined pension fund that provides guaranteed pension benefits to its large membership base. As a government pension fund, membership to the fund is compulsory, as such, GIPF has the mandate to make sure that its members are knowledgeable about their benefits and how the Fund operates.