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The rising cost of living has hit occupancy figures of local guests at hospitality establishments from 55% last year to 31% in February, 2023.

The Southern African Science Service Centre for Climate Change and Adaptive Land Management (SASSCAL) has launched the SASSCAL 2.0 Research Programme, a five-year programme which will implement 13 approved projects in line with SASSCAL’s five thematic areas of agriculture, water, biodiversity, climate and forestry to the tune of N$170 million (€8.6 million).

President Hage Geingob says the Namibian government is taking into consideration the advice of Botswana President Mokgweetsi Masisi to seek a greater revenue share from diamonds sold to De Beers.

Namibia is lobbying for financial inclusion at the United Nations (UN) Water Conference underway in New York, by proposing reforms in funding that seem to hinder middle- and upper-income countries from accessing monetary assistance due to their economic classification.

Namibia's current economic framework is incapable of meeting the country's challenges, and analysts are concerned about the country's inability to gain traction in addressing issues such as poverty, unemployment, and inequality, among others.

Askari Metals, an ASX-listed lithium explorer, has signed a N$42-million (Australian $2.5 million) deal with Zhejiang Huayou Cobalt Co., a Chinese battery metals behemoth.

Following an uptick in headline inflation, economists at Nedbank say this has sealed the deal on another interest rate hike in March.

Namibia plans to accelerate industrial development and job creation by capitalizing on the green hydrogen industry, as well as the sub-sectors of oil and gas, and enhancing agricultural production.

Hartlief Group has secured a deal to export 400 tonnes of deboned lamb to Norway, with the first two containers already exported.

The Government Institutions Pension Fund (GIPF) has revealed that it is holding millions of Namibia dollars in unclaimed pension and death benefits owed to former members.

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