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October 04, 2022
Economy (264)
Nghikembua , Mnyupe ranked among top African economic leaders
October 02, 2022
Communications Regulatory Authority of Namibia's (CRAN) Chief Executive Officer, Emilia Nghikembua and Presidential Economic Advisor, James Mnyupe have been ranked among the top 100 African economic leaders in Choiseul’s 2022 ranking.
Namibia’s current account deficit deteriorates in Q2
September 30, 2022
The Bank of Namibia says Namibia’s current account deficit widened to 14% of GDP from 7.7% registered in the corresponding quarter of 2021, attributed to the country’s widened merchandise trade deficit.
DBN, NIPDB ink cooperative agreement
September 29, 2022
Development Bank of Namibia (DBN) and the Namibia Investment Promotion Board (NIPDB) have formalised their cooperation with a memorandum of understanding (MoU).
Oranjemund economic transformation gathers pace
September 26, 2022
Nedbank Namibia, together with OMDis and Uconomy Namibia have completed the Small to Medium-sized Enterprises (SMEs) and Economic Development Pilot Project that is aimed at diversifying the economic activities of Oranjemund.
Namibia set for big interest rate hike in October
September 23, 2022
Economists are predicting the Bank of Namibia (BoN) will raise its benchmark interest rate by 0.75 percentage points in October, the second such rise in a row, and signal plans to raise rates again in the coming months.
SA Reserve Bank hikes repo rate by 75 basis points
September 22, 2022
The Reserve Bank’s Monetary Policy Committee (MPC) cranked up the benchmark repo rate by 75 basis points to 6.25% on Thursday to rein in consumer inflation which, prior to August, appeared to be hurtling towards 8%.
Namibia calls for collaboration in implementing green hydrogen projects
September 20, 2022
A collaborative energy approach, like that of the European Union (EU), is needed in Southern Africa, says Namibia’s presidential economic advisor James Mnyupe.
Namibia expects first green ammonia export to Germany in 2026
September 19, 2022
Namibia expects to ship its first green ammonia exports to Germany in 2026, from an identified country export volume potential of 3.5 million tonnes by 2030.
Alweendo wants Angolan fuel imports regularised
September 15, 2022
Mines and Energy Minister Tom Alweendo says the government is not against the sale of Angolan fuel in the country, but wants the trade to be regularised.
Food, transport continue to drive inflation
September 15, 2022
Namibia’s annual inflation rate reached a five-year high of 7.3% in August compared to 3.4% recorded in August 2021, largely driven by increases in food, transport and non-alcoholic beverages.
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NIPDB launches entrepreneurship capacity building platform
September 08, 2022
The Namibia Investment Promotion and Development Board (NIPDB) on Wednesday launched the Know2Grow (K2G) NextGen Entrepreneurs, an annual market access and capacity building platform designed to drive the development and acceleration of innovative businesses by young entrepreneurs.
Govt cuts fuel prices for September
September 05, 2022
The government has cut the pump prices of petroleum products by N$1.20 per litre for petrol and N$0.65 per litre for diesel in September following the introduction of a new pricing calculation model.
EIF invests N$1m in Erongo region Reverse Osmosis Units
September 04, 2022
The Environmental Investment Fund of Namibia (EIF) has handover Reverse Osmosis Units installed at three community water points, namely Farm Vrede, Goiegeluk Pos and Santamab Pos under a pilot project funded to the tune of N$1 million.
Namibia, Botswana to hold bi-national commission
September 04, 2022
Namibia and Botswana will next week hold an inaugural bi-national commission (BNC) in Gaborone, Botswana to be attended by President Hage Geingob.