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June 26, 2022
Economy (202)
Huge fuel price increase for Namibia announced
February 28, 2022
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.
Namibia hosts largest-ever U.S. business delegation
February 27, 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.
Fuel price to be announced Monday, hike forecasted
February 27, 2022
The Ministry of Mines and Energy is set to announce the March fuel price for Namibia on Monday.
Here’s what you need to know about Shiimi’s budget
February 24, 2022
Finance minister Ipumbu Shiimi on Thursday announced a N$61.556 billion budget under the theme “Reimaging, a Better Future for the Youth.”
Shiimi forecasts economy to grow 2.9% in 2022
February 24, 2022
Finance minister Ipumbu Shiimi is projecting Namibia’s economy to grow by 2.9% this year before accelerating further to 3.7% in 2023.
Mining sector pumps N$14.1 billion into the Namibian economy
February 22, 2022
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.
Here's what to expect from Shiimi’s Budget Statement
February 22, 2022
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 GPD growth forecasted at 3% in 2022
February 16, 2022
Namibia’s economy is expected to grow by 3% this year, the Bank of Namibia (BoN) Governor Johannes !Gawaxab has said.
Namibia’s inflation continues to rise
February 15, 2022
Namibia’s annual consumer price inflation hit a high of 4.6% in January 2022 compared to 2.7% recorded in January last year.
Greater vaccine uptake to expedite Namibia's economic recovery
February 11, 2022
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.
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Namibia trade mission heads to Angola
February 03, 2022
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 records N$33.4 billion trade deficit in 2021
February 03, 2022
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.
Another fuel price hike expected
February 02, 2022
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.
Early Warning Systems key to protecting local and national economy
January 30, 2022
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.