Christine-Rita Abankwah

Eurobond haunts Government

newseurobond  jan 23 GOVERNMENT’S decision not to hedge the US$500 million Eurobond in 2011 has proved costly to the country in light of the depreciation of the local currency, local economists have said.

GIPF increases investments

bus gipf 23 JANTHE Government Institutions Pension Fund’s (GIPF) new Development Investment Policy will see the fund increase its share of investments into key sectors of the local economy.

Falling crude prices slow exploration

THE oil industry expects the drastic fall in crude oil prices to slow exploration activities worldwide as investors shy away from oil and gas investments.

Longer life expectancy could hit pensions

Local pension funds face increased liabilities as Namibians now live longer than before, experts have warned.A worldwide trend has become apparent where, due to the improved standard of living, people may actually outlive their retirement savings.

Steytler laments income disparities

OUTGOING Namibia Statistics Agency (NSA) Statistician-General John Steytler says that while the country has made significant economic progress, it still needs to address niggling issues such as youth unemployment and income disparity.

Ill-informed Namibian beef ‘ban’ dismissed

LOCAL producers have dismissed the beef import ban imposed by the Philippines government on Namibian beef as ‘strange’ and ‘ill-informed’. 

Drop in local airfares unlikely

bus AIR NAMIBI  07 JANNATIONAL carrier Air Namibia has ruled out lower ticket prices this year, despite a recent announcement by the International Air Transport Association (IATA) predicting falling airfares.

Team Namibia membership plummets

ABOUT 70 percent of former Team Namibia members have failed to meet new strict membership requirements by the organisation.

Sea cucumbers potential cash cows

 

THE Ministry of Fisheries and Marine Resources’ (MFMR) Directorate of Aquaculture is investigating the commercial viability of certain marine species as part of its drive to promote sustainable aquaculture.

From audits to gourmet cuisine

AFTER almost two decades working in the public sector, Willem Thomas decided to take a leap of faith and respond to the stirrings of his entrepreneurial spirit.

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