Inflation has slowed to an average of 4.8% during the first seven months of 2024, down from 6.2% in the same period last year. This has enhanced consumers’s purchasing power and contributed to more stable prices. Slower inflation allows consumers to make more informed financial decisions and plan their expenditures more accurately. During the announcement […]
Erongo Governor Neville Andre has described 2023 as a successful year for the uranium mining and exploration sector, which spent N$7.7 billion on local procurement. Andre revealed in his State of the Region Address that the great performance in the uranium sector means expansion of existing projects, re-opening of mines, and development of new projects. […]
Behind every business success lies a story of humble beginnings, of an entrepreneur determined to succeed despite their daily challenges. Beatha Shivute’s story is no different. Her journey, she says, has been filled with both great stories and setbacks. When Shivute first joined the business sector, she crossed the border into South Africa to sell […]
Former and current members of the Mine Workers Union of Namibia (MUN) and their descendants have an opportunity to become shareholders in a new investment company dedicated to growing their financial worth. Just Transition Investment Trust is an entity initiated by the MUN and launched in Windhoek under the theme “Creating a vehicle for generational […]
During the first quarter of the year, the Erongo Region recorded a 60% increase in room occupancy rates in the hospitality sector. The Erongo Regional Tourism Forum, chaired by Governor Neville Andre, released statistics at Swakopmund, indicating a promising recovery for the tourism industry. Forum member Annet Kotting says the 60% increase in room occupancy […]
The Bank of Namibia has reduced the repo rate by 25 basis points from 7.75% to 7.50%. The central bank’s decision aims to strengthen domestic economic activity and maintain the stability of the Namibia Dollar’s peg to the South African Rand, supported by sufficient international reserves. The central bank’s decision to lower the repo rate […]
Exhibitors at the Regional Universities Forum for Capacity Building in Agriculture conference are displaying different market value possibilities found within the agriculture sector. The exhibition features items from farming organisations and the agriculture-related faculties of different universities. The showcasing of products is also a market for different possibilities in the sector. Engineering students showcased water […]
Unequal exchanges and a low prioritisation of the continent are just some of the challenges faced by African countries in global financing. These concerns were raised by delegates at a side meeting of the Regional Universities Forum for Capacity Building in Agriculture conference on climate finance transparency and green growth, held in Windhoek. Weak negotiations […]
The Governor of the Zambezi Region, Lawrence Sampofu, said a lot has been done in terms of development despite many setbacks in the region. Sampofu said this during his State of the Region Address on Monday. Some of the major projects completed or nearing completion, he said, include the Katima Mulilo Magistrate’s Court, the construction […]
||Kharas Governor Aletha Frederick has called for improved road infrastructure in the region. She says quality roads serve as a backbone for economic activities, enabling trade and commerce while fostering accessibility to education and healthcare facilities. Frederick made the remarks during a workshop at Keetmanshoop on identifying road infrastructure development needs in the region. The […]
