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Repo Rate Expected to Drop Next Week
By: Staff writer The Bank of Namibia is expected to cut the repo rate when it announces its Monetary Policy Committee’s decision next week. The South African Reserve Bank (SARB) recently reduced its country’s policy rates by 25bp to…
Namibia’s Imports Rise to N$161.5 Billion in 2024
By: Justicia Shipena Namibia’s total imports in 2024 amounted to N$161.5 billion, reflecting an increase of N$25.2 billion compared to the N$136.3 billion recorded in the previous year. Meanwhile, the country’s export earnings rose by N$15.8 billion, from…
The Paradoxical Effect of Trumponomics: Lesson for African Leaders
By: Josef Kefas Sheehama President Donald Trump’s executive orders serve as a wake-up call for African leaders, demanding that they put public service and economic development ahead of foreign aid and begging. The time has come for them to…
Afro Optimism
By: Ben Uugwanga Afro-optimism is a concept that describes the idea that Africa is progressing, even if at a different pace than the rest of the world. It’s often associated with young Africans who are looking to the future…
Major Economies Expanding Their Nuclear Energy Shares … Bannerman Energy poised to capitalise
By: Nghiinomenwa-Vali Erastus Major economic powers worldwide are ramping up their nuclear power generation capacity to meet the rising electricity demand in their respective countries. The nuclear sector’s momentum, driven by global decarbonisation commitments and the rising energy…
Cancer Apple Project Raises N$38.4 Million
By: Staff Writer The Bank Windhoek Cancer Apple Project has raised a total of N$38.4 million for the Cancer Association of Namibia (CAN) since its inception in 2000. On Friday, the bank handed over N$2.5 million to CAN…
Amupanda to Hear Red Line Fate in March
By: Uaueza Kanguatjivi Affirmative Repositioning Movement leader Job Amupanda will have to wait nearly two months to learn the outcome of his legal challenge against the Veterinary Cordon Fence (VCF). Judge Shafimana Ueitele has postponed the delivery of…
None of the Regions Achieved 40% in NSSCAS
By: Nghiinomenwa-Vali Erastus and Uaueza Kanguatjivi The National Senior Secondary Certificate Advanced Subsidiary (NSSCAS) results indicate that none of Namibia’s 14 regions managed to qualify at least 40% of their learners to advance to Grade 12. The latest…
Politicians, MPs Support Red Line Removal …But Call for Caution
By: David Shoombe Political leaders and lawmakers have expressed their support for removing the Veterinary Cordon Fence also known as the red line, currently being challenged by Affirmative Repositioning leader Job Amupanda in the High Court. Swapo Central…
Fuel Prices Set to Increase
By: Loise Shiimi Fuel consumers will need to dig a little deeper into their pockets starting on 5 February, as the Ministry of Mines and Energy has announced an increase in petrol prices by 42 cents per litre,…