The Ministry of Mines and Energy has announced that it will keep fuel prices for January 2022 unchanged.
The Government, through the National Energy Fund (NEF) is set to incur a bill of over N$110 million to cushion consumers against a fuel price hike in January, bringing its cost for the last three months to N$384 million.
The Ministry’s announcement comes after a December price increase of 70 c/litre for diesel and petrol.
The Development Bank of Namibia (DBN) has raised concern over the poor uptake of its youth-focused SME finance facilities, which saw approvals totalling just N$1.25 million in the...
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The Namibian government has announced plans to formalise 950 informal enterprises by 2030, up from a baseline of 310 in 2024, as part of its drive to transform...
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The African Development Bank (AfDB) has warned that Namibia continues to face elevated fiscal risks and structural inefficiencies that threaten private sector growth and long-term development. In its...
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More than 70% of Namibia’s small and medium enterprises (SMEs) are led by women, according to First National Bank (FNB) Namibia, highlighting a shift towards more inclusive entrepreneurship...
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Namibia will participate in the 2025 U.S.-Africa Business Summit, with the country’s attendance aimed at deepening economic ties with the United States and promoting investment and trade opportunities....
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