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Namibia’s trade with the rest of the world increased by 22% to reach N$15 billion in March 2022, compared to N$12.3 billion recorded in March last year, latest official figures show.

Namibia Investment Promotion and Development Board (NIPDB) says it currently has N$ 94.72 billion active prospective investments being facilitated, with a potential of creating 122 000 jobs.

The Namibia Financial Institutions Supervisory Authority (NAMFISA) has appointed Johannes Smit Deputy Chief Executive Officer: Market Conduct and Operations with effect from the 1st of May 2022.

Elon Musk has secured about US$7.1 billion of new financing commitments for his proposed US$44 billion takeover of Twitter, the company said in a filing Thursday.

Inflation in South Africa is set to rise to 8% this year, overshooting the central bank’s target amid the global impact of the Ukraine conflict and rising US interest rates, credit rating agency Moody’s forecast in a report on Wednesday.

FirstRand Namibia has appointed Taimi Shejavali as the new CEO and Portfolio Manager for Ashburton Namibia.

The Namibia Revenue Agency (NamRA) collected over N$60.5 billion in the last financial year ended 31 March 2022, surpassing its collection target of N$49.4 billion for the period.

Saflands Property Group has revolutionized Namibia’s shopping experience by developing some of the most iconic shopping malls in the country, namely the Grove Mall of Namibia, Gwashamba Mall, Otjiwarongo Town Square, Mutual Platz, Rundu Mall and the Dunes Mall in Walvis Bay among others.

South Africa’s rand steadied against the dollar early on Tuesday, though the unit hovered near its weakest levels in nearly five months amid an elevated greenback and an imminent interest rate hike by the US Federal Reserve.

SA petrol prices will be lowered on Wednesday, while diesel will get pricier, the Department of Mineral Resources and Energy announced on Tuesday.