A total of 271 low-cost houses have been built countrywide through the Shack Dwellers Federation, with 75% of the beneficiaries being women, following a 2017, N$10.7 million investment by MTC towards housing with the Buy A Brick project.

Hellen Amupolo has been appointed Head of the Development Bank of Namibia’s (DBN) Investments Department.

Shell has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters.

Titus Ndove has been appointed as the new Executive Director in the Ministry of Finance, with effect from the 1^st of February 2022, a development which has been confirmed to The Brief by officials in the ministry.

Canadian base metals mining company Trevali Mining has started an early works programme on its Rosh Pinah mine expansion project with a capital budget of N$305.3 million, to be funded from internal cash flows.

The Hospitality Association of Namibia (HAN) says it cannot implement a single pricing system due to the diverse nature of the industry.

Namibia’s economic is expected to slow despite a significant improvement in global growth, analysts have predicted.

Namibia and Angola will re-open the Oshikango Santa Clara and Katwitwi border posts as of 1 February 2022, while the remaining border posts are scheduled to re-opened on 15 February 2022, the Ministry of Home Affairs has announced.

Standard Bank said 99% of its transaction volumes in South Africa are now cashless, a trend that has helped the continent’s largest lender by assets to cut costs.

The holidays and fun have left many facing the New Year with financial hangovers, a long January, and the reality that their money problems could last well into 2022. But taking ten steps to get personal finances back in shape could make things look a lot better.