2020-09-24Maihapa Ndjavera The main national-level issue that relates to policymaking and budgetary allocation is the fact that the agricultural sector does not attract enough investment nor has it received adequate government funding. View more
2020-09-25Maihapa Ndjavera Finance minister Iipumbu Shiimi has refuted reports that he influenced the appointment of his former central bank colleague Sam Shivute as substantive chief of the Namibia Revenue Authority (NamRA). View more
2020-09-25Maihapa Ndjavera The biomass boiler in use by Namibia Breweries Limited (NBL) is a first for Namibia and is the country’s largest wood boiler. View more
2020-10-05Maihapa Ndjavera Namibia registered a surplus on the current account during the second quarter of 2020, mainly due to a merchandise trade surplus and an increase in secondary income inflows. View more
2020-10-06Maihapa Ndjavera Double-digit reductions were recorded in some sectors of the domestic economy for the second quarter of 2020. Hotels and Restaurants recorded the highest decline of 64.2% compared to a growth of 12.3% of the same quarter of 2019. View more
2020-10-06Maihapa Ndjavera Covid-19 brought many activities in the world to a standstill and had many negative effects on various business operations. View more
2020-10-07Maihapa Ndjavera The Deputy Director of Policy and Regulations at the Bank of Namibia, Elifas Kamati, cautioned the public that they may lose their assets from financial institutions if they borrow money to partake in the now common illegal financial schemes. View more
2020-10-07Maihapa Ndjavera Through the Southern African Development Community (SADC) trade-related facility, the industrial upgrading modernisation plan (IUMP) is expected to inject around N$8 million into Namibia’s informal economy. View more
2020-10-08Maihapa Ndjavera The generation, transmission, and distribution of electricity in Namibia recorded deflation of 24% during the second quarter compared to an increase of 2.9% obtained during the same period a year earlier. View more
2020-10-08Maihapa Ndjavera The Namibia Desert Diamonds (Namdia) General Manager of Sales and Marketing, Lelly Usiku, said the threat of synthetic diamonds has brought about an opportunity in the diamond industry to focus on the traceability of the precious stones to verify diamond origins from the mines to jewellery. View more
2020-10-12Maihapa Ndjavera 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. View more
2020-10-13Maihapa Ndjavera 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. View more
2020-10-13Maihapa Ndjavera 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. View more
2020-10-14Maihapa Ndjavera The demand for government bonds slightly rose during the second quarter of 2020 due to relatively attractive returns. View more
2020-10-15Maihapa Ndjavera About 14 entities in Germany and four outside the European country have objected against the importation of Namibian bushwood for use in power and heat plants in Hamburg. View more
2020-10-15Maihapa Ndjavera Commentators believe demand for local major exports will likely increase as the country pins its hopes on international trade and world output to recover from a disastrous 2020. View more
2020-10-16Maihapa Ndjavera Industrialisation minister Lucia Iipumbu has commended local retailers for accommodating local produce on their shelves and thus contributing to the Buy Local, Grow Namibia initiative. View more
2020-10-16Maihapa Ndjavera Some of the measures governments have put in place during the Covid-19 pandemic include the cutting of repo rates to provide some short-term relief to borrowers. View more
2020-10-19Maihapa Ndjavera Government should not pin all hopes of an economic reform and recovery on the agriculture as this sector is more exposed to numerous challenges. View more
2020-10-19Maihapa Ndjavera Minister of Finance, Iipumbu Shiimi last week urged the Agricultural Bank of Namibia at its annual general meeting to offer supportive interest rates to its clients but added that this should be in line with market practices. View more
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