Economy

Economy (235)

The Namibian Competition Commission (NaCC) has warned schools against getting into exclusive uniforms supply agreements with suppliers saying the practice promotes uncompetitive behaviour.

Namibia is home to over 1600 US dollar millionaires and zero billionaires with a combined net wealth of US$22 billion according to the latest Africa Wealth Report by Mauritius-based AfrAsia Bank and intelligence firm New World Wealth.

Trade between Namibia and Germany increased to N$3.6 billion last year compared to N$3.3 billion in 2019, with Namibia recording a trade surplus N$800 million, German trade data shows.

Labour minister, Utoni Nujoma has appointed 12 new members to serve on the seventh Employment Equity Commission for the period 01 July 2021 - 30 June 2024.

The Monetary Policy Committee (MPC) of the Bank of Namibia on Wednesday decided to keep the repo rate unchanged at 3.75%.

Windhoek completed 284 building projects valued at N$124 million, in September 2021, latest statistics show.

Namibia’s public entities procured goods and services worth over N$4 billion for the six months, January to June 2021, latest figures from the Central Procurement Board of Namibia (CPBN) show.

Bank of Namibia Governor, Johannes !Gawaxab, is set to announce the Monetary Policy Committee’s  (MPC) decision on Wednesday, with analyst pointing to the repo rate remaining unchanged at 3.75%.

The International Monetary Fund (IMF) has revised downwards Namibia's growth forecast for 2021 by 1%, as it lowered the global growth forecasts.

The Namibia Statistics Agency (NSA) has announced that it will be conducting the pilot phase of the 2021 Population & Housing Census from the 17th to the 30th October 2021.