The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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February 03, 2023
Economy (333)
Namibia drops on International Corruption Perceptions Index
February 01, 2023
Namibia dropped one place on the global corruption league table to 59 although its score remained the same at 49.
A fit-for-purpose regulatory framework vital for green hydrogen development in Namibia
February 01, 2023
The world is faced with serious challenges of climate change and these impacts are being felt around the world, with severe floods, drought and storms.
Govt to procure from local youth, women for economic inclusion
January 31, 2023
The government has launched a new policy which aims to prioritise procurement of its products and services from youth, women, Micro, Small and Medium Enterprises (MSME) and local manufacturers.
Shell, TotalEnergies’ operation base boon for Luderitz
January 31, 2023
The town of Luderitz could be on the brink of an economic boom after it was revealed oil majors Shell and TotalEnergies, who are currently conducting appraisal work on their oil discoveries off the coast of Namibia, have heeded government calls for them to use the town as their base of operation and not Walvis Bay.
BoN February hike likely
January 27, 2023
Economic analysts are predicting a February hike as the Bank of Namibia (BoN) struggles to contain rising inflation. BoN predicted inflation to average 6.1% in 2022 and fall to 4.9% in 2023.
Govt fish agency hikes Horse Mackerel prices
January 27, 2023
The Namibia Fish Consumption and Promotion Trust (NFCPT) has hiked Horse Mackerel prices, citing escalating harvesting costs.
Feb fuel prices unchanged as energy fund absorbs N$50m
January 27, 2023
To the relief of motorists, the Ministry of Mines and Energy has announced that fuel prices will remain unchanged in February.
Geingob worried about inflated tenders
January 26, 2023
President Hage Geingob says he is deeply concerned that despite the Central Procurement Board of Namibia (CPBN) being in place, the government continues to pay highly inflated prices for goods and services.
Namibia, South Africa in Green Hydrogen partnership talks
January 25, 2023
Namibia and South Africa are exploring the possibility of a partnership in the development of green hydrogen initiatives, including the joint development of a Green Hydrogen corridor.
EU eyes Namibia’s rare metals
January 25, 2023
The European Union is setting in motion its partnership with Namibia on rare earth minerals, with a delegation from Brussels touring Andrada Mining’s Uis mine, which has confirmed the presence of significant lithium, tin and tantalum mineralisation.
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Namibia debt soars to N$136 billion
January 24, 2023
Namibia’s public debt has ballooned to over N$135.7 billion as of September 2022, after the government failed to adhere to its own public debt target of 35% to GDP set in 2012/13, the Institute for Public Policy Research (IPPR) has warned.
EU pumps N$9 billion into Namibia
January 24, 2023
The European Union (EU) has provided accumulated development assistance to Namibia of over N$9.1 billion (€500 million) in a vast spectrum of sectors since independence.
The Year of Revival: An energy perspective
January 24, 2023
President Hage Geingob has dubbed 2023 as The Year of Revival. The undertones of the suggested theme connote an improvement in the condition, strength and/or fortitude of our small but mighty nation.
Marginal growth forecasted for Namibia’s fishing sector in 2023
January 23, 2023
Namibia’s fishing sector is forecasted to grow by only 1.3% in 2023, due to an unlikely increase in the total allowable catch (TAC), owing to a slow growth in the country’s stocks, research firm Simonis Storm said in its Agri-monthly report.