2023-04-03Maihapa Ndjavera The administrator of the National Energy Administration of China, Zhang Jinhua, paid a courtesy call to President Hage Geingob on Friday to strengthen cooperation in the area of energy. View more
2023-04-05Maihapa Ndjavera The National Housing Enterprise and Public Service Union of Namibia on Monday signed an agreement to end the employees’ industrial action that started on 24 February 2023. View more
2023-04-05Maihapa Ndjavera Total debt as a percentage of gross domestic product (GDP) stood at 65.9% at the end of December 2022. This is 5.9 percentage points above the Southern African Development Community (SADC) benchmark of 60% of GDP. View more
2023-04-06Maihapa Ndjavera Recognised for its highly stable political and economic environment, Namibia is one of Africa’s gems. Considered among the safest democratic nations in Africa, the country offers impressive infrastructure and excellent quality of life. View more
2023-04-06Maihapa Ndjavera Global food prices are set to provide relief to consumers for the year 2023, and Namibians will also benefit from the phenomenon. View more
2023-04-11Maihapa Ndjavera Namibia has secured about N$161 billion worth of investment opportunities as at March 2023 with the potential to create more jobs. View more
2023-04-12Maihapa Ndjavera Engagement on relevant investment laws and regulations is part of the Namibia Investment Promotion and Development Board (NIPDB) mandate, considering the impact of the policy environment on investment and the need to provide policy certainty to current and potential investors. View more
2023-04-12Maihapa Ndjavera Hollard Namibia and Gondwana Collection yesterday announced a settlement regarding Gondwana’s Covid-19 business interruption claim, with each reinforcing their commitment to supporting the Namibian economy in the financial services and tourism sectors. View more
2023-04-17Maihapa Ndjavera Namibians will soon find out if they are going to have to fork out more of their hard-earned dollars, just to keep the lights on. This is after Namibia Power Corporation requested a 16.87% increase in electricity tariffs for the 2023/24 year. View more
2023-04-19Maihapa Ndjavera The Agricultural Bank of Namibia has bemoaned the current high interest rate environment, stating that it is becoming increasingly difficult to source affordable capital to pass on to the agriculture sector at affordable rates. View more
2023-04-19Maihapa Ndjavera Local entrepreneur Samuel Chikambi has advised Namibian youth to do what they love and not wait for a job or connections. View more
2023-04-20Maihapa Ndjavera Namibians have no choice but to keep on tightening their belts and reduce spending even more after the Bank of Namibia yesterday increased the repo rate again, this time with 25 basis points, from 7% to 7.25%. This brings the prime lending rate to 11%. View more
2023-04-20Maihapa Ndjavera The European Union (EU)-funded twinning project, titled ‘Providing support to the Namibia Standards Institution (NSI)’, together with its partners and the industrialisation and trade ministry, on Tuesday hosted the first-ever EU/Namibia Quality Infrastructure Forum in Windhoek. View more
2023-04-21Maihapa Ndjavera The Namibia Revenue Agency (NamRA) surpassed its revenue-collection target for the 2022/23 financial year by N$4 billion. Last year, the State revenue collector was required to bring in N$53 billion in what was seen as an ambitious target then, but exceeded this and collected a total of N$57 billion. View more
2023-04-21Maihapa Ndjavera A country that is greylisted is an indication the Financial Action Task Force (FATF), an international watchdog, has identified strategic deficiencies inapplicable systems to counter financial crimes. View more
2023-04-24Maihapa Ndjavera German chancellor Olaf Scholz said his country wants to help mineral-rich countries build their processing infrastructure to cut dependency on China and source it straight from countries like Namibia, Indonesia and Chile. View more
2023-04-25Maihapa Ndjavera Road Fund Administration (RFA) CEO Ali Ipinge said the share of the fuel price RFA receives remains insufficient compared to other countries in the SADC region. He added that about 55%, which is N$1.3 billion out of N$2.42 billion of RFA revenue comes from the fuel levy income, which stands around N$1.48/litre. View more
2023-04-25Maihapa Ndjavera Namibia Revenue Agency commissioner Sam Shivute has warned companies and individuals involved in deliberately avoiding their true tax liabilities to expect a visit from his officials soon. View more
2023-04-26Maihapa Ndjavera Namibia has been struggling to establish a national pension fund (NPF) due to too many conflicting demands from various stakeholders on the design of the fund. View more
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