The Namibian government has put up three more green schemes on the market as it moves ahead to outsource some of the projects to the private sector. 

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 Central Banks use interest rate increases to slow down the increase in inflation. These past few months have tested the resolve of even the most seasoned of investors.

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The City of Windhoek (CoW) has secured two loans totaling N$155 million from the Development Bank of Namibia (DBN) to fund its shortfall to finance the N$228-million Khomas intake substation project to ensure additional capacity to support the City’s forecasted power demand. 

Namib Desert Diamonds (NAMDIA) has appointed Alisa Amupolo as its new Chief Executive Officer on a five-year term effective from 1 October 2022.

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The Government Institutions Pension Fund (GIPF) has invested over N$ 306 million in the Oshana region of which over N$110 million is invested in Ondangwa through land servicing and construction.

The City of Windhoek (CoW) is set to approach its lawyers after Mines and Energy minister Tom Alweendo granted Ongos Valley the right to operate an electricity distribution company in its housing development despite its objections.

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Banks loans and mortgages were the major drivers of household credit in August, latest figures show.

The number of trips taken by Namibians to local hospitality establishments continued to drop further in August 2022, from 17.9% in July 2022 to 15.7%, amid an increase in foreign arrivals.

Being a landlord can be a highly effective strategy for generating a secure monthly income. 

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The City of Windhoek has entered into a N$135-million loan agreement with the Development Bank of Namibia, to finance the Khomas intake substation project to ensure additional capacity to support the City’s forecasted power demand.

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