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The Government Institutions Pension Fund (GIPF) has recorded a surplus of N$16.5 billion according to an Actuarial Valuation Report released on Friday.

UK consumers are starting to crumple in the face of soaring prices, according a series of reports that paint a grim picture of the nation’s cost of living crisis.

Telecom Namibia subsidiary, PowerCom, officially unveiled the Veddersdal Tower enabling, which will enable the telco to launch its 4G LTE Network services in Veddersdal, Okahandja.

Qatar Investment Authority-backed Kasada Capital Management has been given the greenlight by the Namibian Competition Commission (NaCC) to complete its acquisition of Safari Hotels and Conference Centre.

Meat Corporation of Namibia (Meatco) is scouting for new beef markets to address price disparity concerns raised by farmers from the Northern Communal Areas (NCA).

Namibia’s Mining Index for other non-ferrous metal ores increased by 19.4% in the first quarter of 2022 after rising to 185.2 basis points compared to 155.1 basis points recorded in the same quarter last year, figures from the Namibia Producer Price Index (NPPI) show.

The Namibian Ports Authority (Namport) has entered into a 5-year collaboration agreement with the Port of Antwerp Bruges (POABI) and Antwerp/ Flanders Port Training Center (APEC) collectively referred to as POABI/APEC.

The rising interest rates in SA will not choke economic recovery in the country because the central bank acted early enough to keep inflation in check, says South African Reserve Bank (SARB) Governor Lesetja Kganyago.

The Bank of Namibia and the Bank of Botswana have renewed their cooperation following a visit by Johannes !Gawaxab, Governor of the Bank.

The Bank of Namibia says financial institutions in the country have N$485 million in unallocated funds belonging to various clients, including cash sitting in dormant accounts.

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