This year continued to be characterised by an economy in recession and reduced government spending, which accounts for about 60 percent of total spending in Namibia.
PSG Namibia has cut its 2018 GDP growth forecast to -0.4 percent from -0.2 percent, Head of Research, Eloise du Plessis, said this week.
If you are anything like me over the holidays, I cannot wait to shove my face into the sweet desserts that seem to be everywhere.
This year has been very exciting for me. I have had the chance to attend great shows and meet entertainers who are very talented. With my job as a senior entertainment journalist, I have the opportunity to meet and mingle with celebrities and talented artists from everywhere; this is something that most people only dream about. Indeed, I am very thankful for such an opportunity.
Namibia, a country with a relatively small population of just 2,4 million, had a positive year in terms of achievement on the continent and the world at large in sport codes such as football, athletics, rugby, boxing, chess, hockey and archery.
MTC this week re-affirmed its support for sport development in the country when it adopted Salute Boxing Academy as the second stable to receive its financial support.
We are vexed by an end-of-year cabinet meeting that uses descriptive adjectives like “ethical” and “integrity” attached to the activities and performance outcomes of some cabinet members in this recession-battered year of 2018. We find some words used in the president’s statement to be off the mark.
Standard Bank Namibia together with Partner MasterCard on Thursday launched the Lounge Key programme, which allows the bank’s Private Banking and Prestige Banking customers, free access to about 850 VIP lounges at international airports across the world, including Eros Airport.
Global hospitality group, Habitas, has announced that its newest hotel, Habitas Namibia, is scheduled for completion in the first quarter of 2019.