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Finance minister Ipumbu Shiimi on Thursday said the government is pulling all stops, including drafting relevant legislation, to ensure that the country’s Sovereign Wealth Fund is put to good use.

Namibia Breweries Limited (NBL) has halted the production of Windhoek Light beer due to low demand.

Benchmark Retirement Fund (BRF) is now the third largest pensions administrator in Namibia after its assets breached the N$5 billion mark in February this year, The Brief can reveal.

The Ministry of Finance says Namibia has established an interagency task force to tackle illicit financial flows (IFF).

The Namibia Revenue Agency (NamRA) says it has destroyed counterfeit goods worth over N$5 million which were being offloaded onto the market.

Retailer Mr Price has confirmed that YuppieChef founders Andrew Smith and Shane Dryden have resigned from their management roles at the kitchenware company. 

South Africa's auditing regulator is "concerned" about the country's application of international accounting standards. A government entity that was supposed to oversee that SA adheres correctly to these reporting standards seems to have ceased to exist, leaving the door wide open for "self-regulation" by the country's private sector.

Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.

When people enter into long-term relationships, they often embrace a ‘what’s mine is yours’ approach to sharing their lives with each other.

Competition is set to heat up in Namibia’s renewable energy market, with the entry of Puma Energy’s Future Energies.

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