National

At the height of his business prowess, Ralf Gunter Domas was one of Ondangwa’s prominent business personalities. 

The Namibia Industrial and Development Agency is in the process of closing down all small and medium enterprises stalls in the country of tenants operating at its facilities, who failed to honour their monthly rent. 

After they were granted a one-month extension by the High Court to continue supplying ground handling services at Hosea Kutako International Airport on Tuesday, Menzies Aviation scored a victory yesterday when they were granted permission by the court to once again petition the Supreme Court. 

The Unam Art Society has emerged as a conduit of creativity, providing a platform for students to explore their artistic passions and showcase their talents. 

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 The Reserve Bank of Australia left its key interest rate unchanged Tuesday, with governor Philip Lowe saying that while inflation had “passed its peak” the economic outlook remained uncertain.

Libyan military strongman Khalifa Haftar, who backs the politically-split country’s eastern administration, has threatened military action unless oil revenues are divided fairly by the end of August

FNB Namibia CEO Erwin Tjipuka recently took over the chairmanship of the Bankers Association of Namibia (BAN) at an event held last week. The responsibility of chairing the association rotates annually among the managing directors or chief executive officers of commercial banks in Namibia. 

The total amount of money, comprised of cash, checking accounts, saving accounts and other types of deposits, in circulation in the domestic economy actually decreased from 9.9% year-on-year (y/y) growth in April 2023, to 7.7% y/y growth in May 2023. According to a Private Sector Credit Extension report