The Bank of Namibia has reduced its main interest rate by 25 basis points, to 6.5%, after previously keeping its lending rate unchanged for three consecutive monetary policy meetings. The Central Bank’s decision aims to support the weak domestic economy while maintaining the stability of the Namibia Dollar, which is pegged to the South African […]
The Minister of Information and Communication Technology has emphasised the need for Namibia to invest in and strengthen collaboration on space technologies with countries, such as neighbouring Angola. Emma Theofelus praised the neighbouring country’s significant advancements in satellite communications. The two countries demonstrated their ability to collaborate in satellite technology when Theofelus held a live […]
Cabinet has approved several Memoranda of Understanding between Namibia and Botswana, covering various sectors including energy, education, and health. During the latest briefing by the Minister of Information and Communication Technology, Emma Theofelus, Cabinet approved the proposed Memorandum of Understanding between Namibia and Botswana on cooperation in the field of energy resources. Another decision approved […]
The Green Climate Fund (GCF) and the Namibian government have agreed on the need to scale up financing for youth-led projects that build climate resilience. President Netumbo Nandi-Ndaitwah discussed the issue with GCF’s Board Co-Chair Seyni Nafo at State House as Namibia advances its bid to host the Fund’s African Regional Hub. The GCF plans […]
Namibia and Botswana have signed a series of agreements aimed at deepening bilateral cooperation, following the conclusion of the second session of the Bi-National Commission (BNC). The new accords cover a wide range of sectors, including Energy Resources, as well as several Memoranda of Understanding (MoUs), such as the MoU on Gainful Employment of Spouses […]
President Netumbo Nandi-Ndaitwah and President Duma Boko of Botswana have stressed the need to build on the progress and achievements made since the inaugural session of the Bi-National Commission (BNC), held in 2022. The two leaders co-chaired the second session of the BNC at State House, where they underscored the high expectations of their citizens […]
The Walvis Bay Rural Constituency Councillor has advised small business owners to focus more on creative businesses to secure funding. Florian Donatus was speaking at the handover of machinery and equipment to 20 SMEs valued at N$150,000. “We want a creative to fund creativity so that a person that does welding and fabrication will be […]
To advocate for information and information communication (ICT) integration in teaching and learning and to showcase emerging technologies and innovations, the Otjozondjupa Region hosted a Regional ICT Summit in Education and Exhibitions. Over 200 participants, including coaches, regional education directors and teachers, joined this year’s summit. About 100 ICT industry players also joined the summit, […]
The Bank of Namibia has condemned recent acts of currency mutilation circulating on social media. The central bank warns of serious legal action against any person tampering with the features of the country’s banknotes and new coinage series. The recently upgraded banknotes and a new coinage series have faced criticism from some quarters of society, […]
The Second Session of the Botswana-Namibia Bi-National Commission (BNC) convened in Windhoek on Monday. Speaking at the opening, Botswana’s Permanent Secretary for International Relations, Thuso Ramodimoosi, said the BNC should not be reduced to a talk show between the two nations but should yield tangible results for the people. Ramodimoosi reminded delegates that the Second […]
