FlyNamibia has launched flights connecting Windhoek and Walvis Bay to Cape Town four times a week.

The Electricity Control Board (ECB) has issued export licenses totalling 1.2 gigawatts (GW) of electricity to Independent Power Producers (IPPs) using the Modified Single Buyer (MSB) market model for export to the Southern African Power Pool (SAPP).

The Electricity Control Board (ECB) says it will, at the end of this month, adjust the tariffs of 11 distribution licensees after the majority failed to apply for adjustments.

The Ministry of Information Communication Technology has expressed concern over the low rate of public SIM card registration.

Namibia’s fishing industry recorded significant growth during the second quarter of 2023 after exports soared to N$4.1 billion compared to N$3.2 billion recorded during the same period last year.

The South African Reserve Bank’s Monetary Policy Committee has elected to hold rates in a tight vote.

Bank Windhoek says it has granted its staff members an 8.5% increase on their salary, rental and transport allowances for the fiscal year 2023/2024, owing to an increase in revenue.

Namibia’s economy grew by N$7.3 billion to N$58.6 billion in the second quarter of 2023, latest data from the Namibia Statistics Agency shows. 

President Hage Geingob says Namibia aims to mobilise N$22.7 billion this year through public-private collaboration and targeted economic diplomacy, to address sustainable development goals and climate change.

 President Hage Geingob said the US is missing out on a chance to invest in green hydrogen projects and mineral resources in the southern African nation, while the European Union is showing great interest.