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The Ministry of Mines and Energy on Monday announced a huge fuel price increase for the month of March, with petrol increasing by N$1.20/litre and diesel by N$1.30/litre effective Wednesday, 2 March,2022.
Representatives from several major U.S. companies will begin a visit to explore investment and commercial opportunities in Namibia starting Monday, the US Embassy has announced.
The Ministry of Mines and Energy is set to announce the March fuel price for Namibia on Monday.
Finance minister Ipumbu Shiimi on Thursday announced a N$61.556 billion budget under the theme “Reimaging, a Better Future for the Youth.”
Finance minister Ipumbu Shiimi is projecting Namibia’s economy to grow by 2.9% this year before accelerating further to 3.7% in 2023.
Namibia’s mining sector has invested N$14.1 billion in the domestic economy over the past three years, statistics from the Bank of Namibia (BoN) have revealed.
The country is eagerly waiting to hear what Finance minister Ipumbu Shiimi will present in the 2022-23 National Budget on Thursday, at a time Namibia’s economy is slowly recovering from the negative effects of the deadly coronavirus pandemic.
Namibia’s economy is expected to grow by 3% this year, the Bank of Namibia (BoN) Governor Johannes !Gawaxab has said.
Namibia’s annual consumer price inflation hit a high of 4.6% in January 2022 compared to 2.7% recorded in January last year.
There cannot be a dispute about the wide-ranging implications of the ongoing Covid-19 pandemic. Lives have been lost and livelihoods have been ravaged over the past two years.
Deputy Prime Minister and Minister of International Relations and Cooperation Netumbo Nandi-Ndaitwah will this month lead a Namibian trade mission to Angola to scout for trade and investment opportunities.
Namibia recorded a N$33.4 billion trade deficit in 2021 after exporting goods valued at N$95 billion against total imports of N$129 billion, latest figures released by the Namibia Statistics Agency (NSA) show.
Simonis Storm has warned Namibian motorists to brace themselves for another fuel price hike in the coming weeks due to a weakening Rand and rising global oil prices.
Environmental Investment Fund of Namibia (EIF) has called for the early utilization and adaptation of relevant tools that would enable the capture and dissemination of accurate information in order to manage extreme climate risks.