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The Environmental Investment Fund (EIF) of Namibia has commenced with the Green Climate Fund (GCF) programming consultation following its re-accreditation to the body for another five years last year.

In 2022, a total of 10,923 vehicle units were sold in Namibia, a 15.9% increase compared to the 9,427 units sold in 2021 and exceeding the 10,415 units sold in 2019.

Vedanta Resources has announced plans to sell Skorpion Zinc in Namibia as part of a larger disposal of its international zinc operations.

Canadian gold miner B2Gold plans to invest over N$1.3 billion (US$77 million) into its Otjikoto Mine as part of capital expenditure for 2023, The Brief has established. 

The Bank of Namibia (BoN) has announced sweeping reforms aimed at strengthening the country’s banking sector.

The Ministry of Labour, Industrial Relations and Employment Creation has reduced the threshold for Designated Employers from 25 to 10 or above in an effort to address rising unemployment in the country.

The Mobile Telecommunication (MTC) Limited has recently disbursed equipment worth N$1.4 million from proceeds generated from the maiden MTC We Run Together project, to boost the businesses of 82 beneficiaries.

Namibia's fruit and nut exports, primarily grapes, reached a value of over N$1.3 billion between November 2021 and November 2022, according to data from the Namibia Statistics Agency (NSA).

The Namibia Revenue Agency (NamRA) says the amount lost to an income tax refund fraud scheme has increased to N$136 million.

The most severe power cuts ever experienced in South Africa are threatening food and water supplies and disrupting the lives of millions of people, including chicken farmers.

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