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International

Economic Diplomacy Must Address Domestic Issues

Economic Diplomacy Must Address Domestic Issues

By: David Shoombe Political and public policy analysts are recommending Namibian diplomats that represent the country in economic diplomacy negotiations to use the platform to solve domestic issues by attracting relevant investments. This call comes as China is showcasing its…

US Dollar Reserve Global Dominance Shrinks

US Dollar Reserve Global Dominance Shrinks

By: Nghiinomenwa-vali Erastus A summary done by the Bank of Namibia last week shows that the USA dollar’s dominance as a global reserve currency has eroded from over 70% in 2000 to 59% in Q1 2024. The USA dollar has…

U.S. Tariffs Imposed on Namibia Could Undermine Export Growth

U.S. Tariffs Imposed on Namibia Could Undermine Export Growth

By: Justicia Shipena   The tariffs imposed by the United States on Namibia may reduce the competitiveness of Namibian beef and fish exports in the US market, according to the International Relations and Trade Ministry. Last week, U.S. President Donald…

Technology

Electrifying 206,000 Households Will Cost N$4.7 Billion

By: Nghiinomenwa-vali Erastus   The national powerelectric utility company, NamPower, says it will need N$4.7 billion to electrify 206,000 households in both peri-urban and rural areas by 2030.   This was revealed last month during the National Electrification Engagement with…

Financial Sector is Encouraged to follow SA’s Cybersecurity Standards

By: Nghiinomenwa-vali Erastus   It has been recommended that Namibian companies in the financial sector follow South Africa’s latest legal standard for cybersecurity in the financial sector.   The South African Financial Sector Conduct Authority and the Prudential Authority, have…

Rehabilitation and Assistive Technology Strategy Under Development

By: Dwight Links   Development of the National Rehabilitation and Assistive Technology strategic plan through a workshop for the public health sector got underway in Windhoek this week.   Themed as a workshop, the planning sessions will review the rehabilitation…

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