Namibia’s Gross Domestic Product (GDP) shows growth of 2.8% in the third quarter of the year, up from 2.7% in the previous quarter. The Namibian Statistics Agency (NSA) indicated the economy’s size in the third quarter of 2024 reached N$61.6 billion, marking an increase of N$5.3 billion compared to the N$56.3 billion recorded in the […]
President Nangolo Mbumba departed for Cuba this morning for a state visit. Cuba and Namibia have a long-standing history of political and economic ties. The president has been invited by the President of Cuba, Miguel Díaz-Canel Bermúdez. The visit aims for the two countries to engage in bilateral meetings with the objective of enhancing cooperation. […]
Various unions in the security sector have proposed to the government a gradual increase in the statutory minimum wage for security workers. This is after it was announced recently that all workers should earn at least a minimum wage of N$18 per hour as of 1st January 2025. However, in the case of farm and […]
Mines and Energy Minister Tom Alweendo underscored the importance of not identifying the oil and gas industry as the sole driver of economic transformation or job creation. Speaking at the launch of the National Industrial Baseline Survey, Alweendo pointed out that by the time the sector begins production, the direct employment generated could be minimal. […]
