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 ...
Thursday, April 18
Top Stories
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
Mbumba tells new NDF recruits to be ready to maintain peace during elections
Julia Heita
President Nangolo Mbumba, said he expects the new Namibian Defence Force (NDF) members to be ready to maintain peace and order during this year's upcoming elections.
Mbumba was spea...
EU spends over N$324m on early childhood development
Martin Endjala
The European Union (EU) has spent over N$324 million on Namibia’s early childhood development, a three-year financial agreement signed in July 2023.
This is according to EU Ambas...
Disaster relief programmes depended on data – Irimari
Martin Endjala
Oshana region Governor Elia Irimari says the disaster relief programme under the Office of the Prime Minister (OPM) depends on data availability to determine whether there is enough...
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...
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...
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...
OPINION
MONEY
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...
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...
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...
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...
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 ...
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...
