Category: National
Parly Passes Bill To Regulate Crypto And Digital Assets
By: staff writer Parliament is making headway in establishing its position on the digital financial landscape. The National Assembly recently approved a pivotal bill, the objective of which is to legalize and govern virtual assets, such as cryptocurrencies. Now in…
Nam’s Economic Outlook: Managing Global Change and Taking Advantage Of New Opportunities
By:Tyrone van Wyk Like many other countries, Namibia is faced with a challenging economic environment created by global macro changes. The immediate financial outlook for Namibia is examined in this article. Additionally, the potential that green hydrogen as an emerging…
Health Minister Shangula Sounds Alarm On Dangers Of Illegal Narcotics
By:Justicia Shipena The presence of illegal narcotics and other substances in Namibia, according to health minister Kalumbi Shangula, is a major problem for the country. Speaking at the inauguration of the National Drug Control Commission on Friday, Shangula said the…
Declining Inflation Offers Little Relief As BoN Governor Emphasises Ongoing Economic Vulnerability
By:Justicia Shipena Amidst the high cost of living and inflation shocks driving down, countries are not out of the woods yet, the Governor of Bank of Namibia (BoN) Johannes !Gawaxab has said. For the second quarterly Common Monetary Area (CMA)Governors’…
No Plans To Abandon: BoN Stays Committed To US Dollar For International Trade
By: Justicia Shipena Despite recent reports that countries are moving away from the US dollar, Namibia’s central bank is not considering allowing the country to purchase goods such as oil in its local currency. This comes as The Villager in…
//Hoebes Raps Seibeb On The Knuckles Over Green Hydrogen
By: Justicia Shipena Minister in the Presidency Christine //Hoebes has described Landless Peoples Movement (LPM) parliamentarian, Henny Seibeb’s allegations against the Green Hydrogen project as “deceptive and selfish” in pursuit of a misplaced political goal. //Hoebes was responding to Seibeb’s…
Trade Deficits Plague Namibia Despite Encouraging Export Performance
By: Justicia Shipena Namibia continues to have monthly trade deficits even though exports have been growing faster than imports in recent months, financial research firm Simonis Storm has observed. This week, Simonis Storm published a report on trade figures for…
Namibia Needs To Develop Strong Trade Relations With African Countries – Economist
By: Hertha Ekandjo With Namibia importing 22% worth of goods from African countries in 2020 following the closure of overseas ports and trade restrictions due to the pandemic, economist Abednego Ekandjo said it is crucial for Namibia to build strong…
Societal Needs Requires Adaptable and Evolving Banking Sector
By: Nghiinomenwa-vali Erastus Banks must adapt and meet the evolving needs of all their stakeholders in the economy, said Bank Windhoek’s Managing Director, Baronice Hans. She made this statement when she handed over the Chairpersonship of the Bankers Association of…
New System Launched To Transform The School Feeding Programme
By: Hilya Ngolo The Ministry of Education, Arts and Culture and the World Food Programme (WFP) have launched the Namibia School Feeding Information Management System (Nasis) in Windhoek this week. The initiative aims to improve monitoring, evaluation, and reporting of…