Namcor faces a daunting public relations exercise to regain the trust of the Namibian people after damaging negative media reports over the past few weeks. Allegations of discrepancies of epic proportion hang over the heads of officials at the national oil company. Its Managing Director Immanuel Mulunga remains under scrutiny for over N$100 million reportedly […]

Namibia has recorded an increase in inflation during 2022 compared to 2021, posing great pressure on the cost of living.  This was revealed in the Bank of Namibia 2022 Annual Report, launched in the capital on Wednesday.  Overall inflation rose significantly from 3,6% in 2021, to 6,1% in 2022. The high inflation was mainly driven by transport […]