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ECONOMY

MPs set for pension-backed home loans

MPs set for pension-backed home loans

Super User Nov 02, 2023 Property

The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has revealed that Members of Parliament are set to receive a pension-backed home loan ...

Namibia maintains diamond production levels

Namibia maintains diamond production levels

Super User Oct 25, 2023 LatestNews

De Beers' rough diamond production in Namibia remained flat in the third quarter (Q3) at 0.530 million carats compared to 0.531 million carats in the ...

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Economy

Health Ministry spends N$3bn on projects over a decade

Health Ministry spends N$3bn on projects over a decade

Super User Nov 03, 2023 LatestNews

The Ministry of Health and Social Services says it has directed N$3.37 billion on capital projects out of a total allocation of N$75.41 billion over t...

IMF recommends countercyclical capital requirements for Namibia's economic stability

IMF recommends countercyclical capital requirements for Nami…

Super User Nov 03, 2023 LatestNews

The International Monetary Fund (IMF) has recommended the Bank of Namibia to implement countercyclical capital requirements as a means to bolster the ...

Namibia records N$3.3bn trade deficit in September

Namibia records N$3.3bn trade deficit in September

Super User Nov 02, 2023 Trade

Namibia recorded a trade deficit of N$3.3 billion during the month of September compared to N$4.9 billion and N$2.6 billion recorded in August 2023 an...

Drought feeding strategies for farmers

Drought feeding strategies for farmers

Erastus Ngaruka Nov 02, 2023 Agriculture

Some farming areas in Namibia are faced with severe forage scarcity, especially grazing materials due to overgrazing and drought conditions.

German-funded initiative injects N$31m into human-wildlife conflict mitigation

German-funded initiative injects N$31m into human-wildlife c…

Super User Nov 01, 2023 Economy

The Ministry of Environment, Forestry and Tourism, in collaboration with German partners, has invested N$31 million in an effort to mitigate human-wil...

Namibia's debt expected to soar to N$153.8 billion

Namibia's debt expected to soar to N$153.8 billion

Super User Oct 31, 2023 Economy

Namibia's public debt is set to surge to N$153.8 billion in the 2023-2024 financial year, an official has revealed.

SMEs paid N$326.1 million in recovery loans

SMEs paid N$326.1 million in recovery loans

Super User Oct 31, 2023 Finance

Loans worth N$326.1 million have been disbursed to a total of 310 small and medium enterprises (SMEs) since the launch of the SMEs Recovery Loan Schem...

Namibia losses N$4bn to undeclared trade assets

Namibia losses N$4bn to undeclared trade assets

Super User Oct 30, 2023 Trade

Namibia has lost an excess of N$4 billion over a three-year period due to undeclared trade transactions, latest data reveals.

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