Category: National
Namibia Gives Angola’s Yona National Park Giraffes
By: Staff Writer Fourteen giraffes, from Namibia, arrived this week in Angola, as part of the re-stocking programme of the species in the Yona National Park, located in the municipality of Tombwa, south-western Namibe Province. According to the Tombwa administrator,…
Teaching Jobs Bickering Resolved At Karanawa Village
By: Annakleta Haikera Three voluntary teachers who helped start a school in Nkurenkuru in the Kavango West region are crying foul after none of them were employed when the school was formalised. Thomas Simbundu, who doubled a security guard and…
City Building Approvals Increase, Value Decreases
By:Staff writer The value of building plans approved by the City of Windhoek between April and May this year decreased by 30.4%, analysis from IJG Namibiahas shown. While there was a 25.2% increase in the total amount of buildings approved…
Nam Has imported N$2.8 Billion More Than Exported In May
By:Staff writer Namibia’s trade deficit ballooned by N$1.5 billion in a month from N$1.3 billion recorded in April 2023. This has brought the country merchandise trade account in negative of the N$2.8 billion in April 2023. This is according to…
Central Bank Governor !Gawaxab Reiterates Commitment To Tackle Economic Challenges
By:Justicia Shipena Governor of the Bank of Namibia (BoN) Johannes !Gawaxab has reaffirmed that the central bank is prepared and eager to engage closely with stakeholders in order to manage the current economic challenges to support sustainable growth in the…
NCCI State of Business Address: The Case For Redefining Trade Policy Reform
By:Josef Kefas Sheehama The Namibia Chamber of Commerce and Industry (NCCI) hosted the first-ever Namibia’s State of Business Address on 26 June 2023. This was under the theme: ‘Private Sector’s Ordeals and Triumphs – Paving a Way for Public-Private Partnership….
Data is the Key to Revolutionising the Credit Market
Thabo Molefe In today’s fast-paced digital era, data has emerged as a powerful catalyst, reshaping the landscape of the credit market and revolutionising the way consumers navigate their financial journeys. Gone are the days of one-size-fits-all approaches, as the abundance…
City Building Approvals Increase, value Decreases
By: Staff writer The value of building plans approved by the City of Windhoek between April and May this year decreased by 30.4%, analysis from IJG Namibia has shown. While there was a 25.2% increase in the total amount of…
Private Sector Credit Extension Shows Steady Expansion In May 2023
By:Justicia Shipena Private sector credit extension saw a moderate increase in May 2023. This is in accordance with the most recent private sector credit extension report released by financial research firm Simonis Stormon Tuesday . This comes as financial conditions…
Rising Interest Rates And Inflation Pose Challenges For Household Consumption
By:Justicia Shipena High interest rates and high inflation will continue to have a drag on household consumption, says Ruusa Nandago, an economist at FirstRand Namibia, in the Namibia Household Consumption Report released on Tuesday. In May 2023, inflation had slowed…