The Bank of Namibia (BoN) is expected to increase interest rates by 25 basis points (bps) tomorrow as the country struggles to contain rising inflation. 

 

Valentine's Day is a time for showing love and appreciation to the special people in our lives, but gift-giving can put a strain on our budgets if we don't plan accordingly.

The government has put in place plans to solve the country’s perennial water crisis and ensure consistent supply.

Namibia's economy is expected to see a slowdown in 2023 and RMB Namibia predicts a moderation of GDP growth from 4.1% in 2022 to 3% in 2023, driven by the performance of the primary industries, including the mining and exploration sector.

Namibia’s small to medium enterprises (SMEs) have so far accessed only 1.28% of the N$500 million Covid-19 loan scheme due to stringent qualifying criteria, high lending rate and poor visibility and reach of the scheme among others, it has been found.