Business & Economy
Stay updated with the latest business news in Namibia. The Brief delivers comprehensive coverage on corporate developments and market trends affecting you.
Ministry of Trade fails to exhaust N$175m budget
The Ministry of Industrialisation and Trade failed to fully utilise its N$175 million budget allocation during...
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Namibia finds trading in Africa easy – Standard Bank
Standard Bank says Namibia finds it easier to trade in Africa than the rest of the...
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Namibia poised for oil revenue windfall
Namibia is set to collect 55% of all revenues to be generated from oil through taxes,...
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Warning on the Wall: We headed for a recession
The domestic economy remained in a positive trajectory in the first quarter of 2022, recording a...
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Rising interest rates to hurt more Namibians
More and more Namibians are expected to feel the pain of the forecasted 100bps hike in...
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Massive biomass project to boost Otjiwarongo’s economy
The mooted multi-million-dollar Biomass Industrial Park project is expected to boost Otjiwarongo's economy through the creation...
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Shiimi rules out retrenchments to meet civil servants wage demands
Finance Minister Iipumbu Shiimi says the government has no appetite to reduce its workforce as a...
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What does Namibia’s downgrade by Fitch mean?
Namibia's creditworthiness continues to slide following Fitch's decision to downgrade the economy's sovereign credit rating, the...
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What you need to know about the latest Namibia, Germany N$2.7bn financial cooperation agreement
Namibia and Germany signed a cooperation agreement on Friday and here’s what you need to know:...
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Fitch downgrades Namibia, forecasts 2.8% growth in 2022
Fitch Ratings has downgraded Namibia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BB-' from 'BB'. The...
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