Economy (501)

President Hage Geingob has called on the private sector to play a leading role in reducing the country's high youth and unskilled unemployment rates.

The Ministry of Mines and Energy has announced a decrease in the price of diesel by 80 cents for May, while the petrol price is set to remain the same.

President Hage Geingob says Namibia is pushing to establish stronger bilateral relations with Finland for closer cooperation to boost trade and investment relations between the two economies.

Minister of Mines and Energy Tom Alweendo says Namibia is on track to produce its first green hydrogen carbon molecules as early as 2026, with discussions between the government and Hyphen Hydrogen Energy underway.

The Minister of Works and Transport John Mutorwa says authorities are aware of a funding gap in road safety and called for innovative financing ways to achieve the objectives of the Decade of Action Strategy.

The Namibia National Internship Programme (NNIP) has benefited 760 students to date, according to the latest figures shared.

In today's constantly evolving business landscape, change is a constant. Organisations must adapt to stay competitive, and this often requires significant changes in strategy, processes, and technologies.

Namibia is set to host Finland President Sauli Niinistö, who will lead a business delegation to the country as part of a state visit from April 27 to 28, 2023.

The Road Fund Administration (RFA) has called for an increase in the fuel levy charged on every litre of fuel sold in the country to meet a N$4.3 billion funding gap for road rehabilitation, upgrades, and maintenance.


Companies using regular donations to evade paying taxes will soon face the full wrath of the law, Namibia Revenue Authority’s (NamRA) Commissioner Sam Shivute has warned.