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President Hage Geingob has revealed that equity injections in exploration activities related to the offshore oil discoveries boosted the country’s Foreign Direct Investment, with N$13.2 billion, translating into a 7.2% of Gross Domestic Product (GDP) during the first nine months of 2022.

Namibia is set to construct a district hospital in Windhoek with a capacity of 300 beds.

Nedbank Namibia's Managing Director Martha Murorua has urged all players in the Namibian economy to align their efforts with government initiatives to revive the economy. 

South Africa is currently experiencing the lowest growth episode in its modern history, and the country’s growth outlook could see living standards slip even further, says Rashad Cassim, the deputy governor of the South African Reserve Bank (SARB).

Credit Suisse announced Thursday that it would borrow almost US$54 billion (R996 billion) from the Swiss central bank to reinforce the group after a plunge in its share prices. 

Now more than ever, the events and effects of climate change are evident in Namibia. Since the previous drought that hit the country between the 2013 and 2019 seasons, rainfall activities have been erratic, and occurrence of associated events such as disease and pest outbreaks, recurrent drought and floods is common in Namibia.

Namibia has launched an online system for work visa and passport applications.

 Financial, investment, and legal industry players convened to deliberate and share ideas on how organizations can rise and grow post-COVID-19 and finance sustainable projects.

Oryx Properties has secured a N$47-million ABSA development loan to fund the first phase of the expansion of Maerua Mall.

Namibia's annual inflation rate for February 2023 has significantly increased to 7.2%, compared to 4.5% recorded in February 2022, according to official figures.

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