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BoN cautions against reducing repo rates

Martin Endjala The Governor of the Bank of Namibia (BoN), Johannes !Gawaxab, has cautioned against reducing the repo rate because it will negatively impact the economy of the country He stated ...
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Naanda refutes Angola beef with Namibia claims

Stefanus Nashama The Ministry of International Relations and Cooperation has refuted claims that the relationship existing between Namibia and its neighbouring country, Angola, is in danger of col...

National

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New clinic to enhance health services in Otjiwarongo

Niël Terblanché In order to significantly boost healthcare services in Otjiwarongo, a new N$6 million clinic will soon rise in the Ombili informal settlement. This project, generously funded by...
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Councilor accuses government officials of deliberately keeping vacancies open for years

Erasmus Shalihaxwe Grootfontein Constituency Councillor, Elder Filipe, who is also a Member of the National Council, said he has witnessed deliberate attempts to keep vacancies within certain orga...
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Court again dismisses Africure’s challenge against CPBN tender decision

Hertta- Maria Amutenja Africure Pharmaceuticals Namibia's attempt to contest the Central Procurement Board of Namibia's (CPBN) decision on the supply of antiretroviral medication to the Ministry o...
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Namibia’s mining sector lacks links to local industries – NCCI

Martin Endjala Namibia Chamber of Commerce and Industry (NCCI), says at present, Namibia’s natural resource industries such as the mining sector have a very low number of links to local industries...
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Opposition MP questions Mushelenga over EU envoys summon

Stefanus Nashama Popular Democratic Movement (PDM) member of Parliament, Maximalliant Katjimune, is questioning minister of International Relations and Cooperation, Peya Mushelenga for summoning E...
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Nedbank Namibia to host fourth Women in Media Conference

 Hertta-Maria Amutenja The fourth annual Nedbank Women in Media Conference is set to take place this Saturday at the Nedbank Campus in Windhoek. Organised by Women in Media Co-Founder, Limba Mu...

MONEY

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Banks profitable, liquid, well capitalised

Developments in the Namibian banking sector has pointed out that the sector remained profitable, liquid and adequately capitalised in 2023, despite a strained economic environment. Board chairpers...
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Civil servants to drive demand side inflation

CHAMWE KAIRA The rise in civil servant wages and the tax reforms enacted on 1 March are likely to support disposable income and increase consumer spending, which will potentially drive demand-side...
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Investors grab Deep Yellow shares

CHAMWE KAIRA Deep Yellow Limited, the Australian company that is developing the Tumas Project in the Erongo region has revealed its offer of fully paid ordinary shares under its Share Purchase Pla...
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Lower inflation not reflected in shopping basket

Inflation maybe slowing in the country but this won’t reflect in shopping baskets. Inflation has dropped from an average of 5,9% in 2023 to 4.9% in 2024. But Simonis Storm Security noted that it i...
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Nictus records positive results

CHAMWE KAIRA Nictus Holdings Limited has disclosed that the first six months of the 2023 financial year, the group exceeded profits of the comparative period by 57%. The group said even within ...
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Credit bureau reports and scores

PATRICIA LOUW In the ever-evolving world of personal finance, understanding your credit bureau report is vital to making informed financial decisions. Your credit bureau report is a snapshot of yo...