The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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October 03, 2023
LatestNews (148)
The African Development Bank (AfDB) says Namibia needs at least N$94.6 billion to meet its climate targets and about N$11.2 billion to achieve its green growth objectives from 2021 to 2023.
The International Monetary Fund (IMF) has praised Namibia's strong fiscal discipline and prudent economic policies, which have spared the country from seeking financial assistance from the global lender.
The City of Windhoek has approved a plan to electrify approximately 4,000 households in informal settlements over the next five years beginning this year, The Brief can report.
Of the eight most popular grocery Supermarkets in Windhoek, Choppies offers the cheapest basket of standardised groceries.
Andrada Mining (Andrada) says it has successfully completed the commissioning of its lithium pilot plant, a pivotal step towards optimising lithium extraction from its three mining licences.
The City of Windhoek says it is working on a long-term proposal to write off debt for pensioners and interest for all residents.
The Capricorn Group has announced that its Group Chief Executive Officer, Thinus Prinsloo, will be leaving the group to assume a new role at Capricorn Investment Holdings (CIH), the largest shareholder in the group.
The uranium mining sector in Namibia is poised for a remarkable turnaround, with growth projected to reach 14.8% in 2023 and an additional 5.2% in 2024, according to the latest Bank of Namibia data.
The Roads Authority (RA) has appointed Zhong Mei Engineering Group as the successful bidder for the rehabilitation of the 30.04 km Usakos and Karibib road in the Erongo Region, at a total cost of N$343.7 million.
The Government Institutions Pension Fund (GIPF) says it expects to finally roll out pension-backed home loans to help workers secure houses in the coming weeks.
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The Minister of Mines and Energy Tom Alweendo on Monday appointed a 12-member Namibia Diamond Advisory Board following a five-year leadership vacuum.
Telecom Namibia says it requires N$2.371 billion in funding to sustain its capital projects from 2023 to 2027.
At least 50% of Namibians are languishing in poverty as the country continues to reel under economic headwinds, Prime Minister Saara Kuugongelwa-Amadhila has revealed.
The government will be acquiring a 24% stake on offer in the Hyphen Green Hydrogen project through a newly established sovereign wealth fund, an official has revealed.