Economy

Economy (235)

New vehicle sales surged by 20% to 905 in April 2022, compared to 755 units sold in the same period last year, latest figures show.

Old Mutual Namibia has selected 20 students to participate in its graduate internship program after receiving over 400 applications.

 Namibia’s annual inflation for April 2022 increased by 5.6% compared to 3.9% recorded in April 2021, latest official figures show.

The Ministry of Finance says Namibia has established an interagency task force to tackle illicit financial flows (IFF).

The Namibia Revenue Agency (NamRA) says it has destroyed counterfeit goods worth over N$5 million which were being offloaded onto the market.

Namibia is still considering tolling some of the country's roads as a sustainable source of revenue for ongoing road maintenance and improvement, the Roads Authority (RA) has said.

Zambia has proposed to construct an oil and gas pipeline from Walvis Bay to Lusaka, The Brief has learnt.

The 7.3% electricity tariff hike announces by the Electricity Control Board (ECB) will negatively impact businesses and consumers, economic analysts have warned.

The Electricity Control Board (ECB) says the annual electricity tariff increment is necessary for the country to avoid load shedding.

Namibia’s trade with the rest of the world increased by 22% to reach N$15 billion in March 2022, compared to N$12.3 billion recorded in March last year, latest official figures show.