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One of Namibia’s fast-moving consumer goods (FMCG) chains, Metro Namibia, has generated more than N$2 billion in revenue for the six months ended 30 October 2022, a 23% growth of the prior period.

Namibian Fund Managers remain optimistic about the outlook for trading on the Namibian Stock Exchange (NSX) in 2023, with 56% of respondents in a recent Simonis Storm survey anticipating higher activity compared to 2022.

President Hage Geingob has warned Cabinet Ministers against complacency and directed them to hasten the implementation rate of key government projects, particularly agriculture, housing and education.

The Minister of Industrialisation and Trade (MIT) Lucia Iipumbu says there's a need to come up with modern business laws critical for Namibia's economic growth.

Andrada Mining's flagship Uis mine in Namibia has received a boost following the company's updated mineral resource estimate (MRE).

Fifty young Namibians have begun a two-week training program as part of the N$2.6 million MTC 4 Life initiative, aimed at tackling poverty through youth empowerment and self-employment.

The government has put in place plans to solve the country’s perennial water crisis and ensure consistent supply.

City of Windhoek and the Ministry of Urban and Rural Development have delivered 570 houses to middle-income earners through the Informal Settlement Upgrading programme.

The African Pathfinder Leaders Initiative (APLI) has announced the selection of 19 Fellows for its flagship program, selected from 116 applicants.

Namibia's economy is expected to see a slowdown in 2023 and RMB Namibia predicts a moderation of GDP growth from 4.1% in 2022 to 3% in 2023, driven by the performance of the primary industries, including the mining and exploration sector.

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