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Petrol prices may surge by more than R3.50 a litre in the first week of June, with Gwede Mantashe, Minister of Mineral Resources and Energy, saying that the general fuel levy cut will fall away at the end of May.

A digital rand in South Africa could cut the high cost of cross-border payments for banks, says Juben Naidoo, deputy governor at the South African Reserve Bank (SARB).

Gondwana Collection Namibia has announced the launch of its new transfer business, Go2 Traveller Transfers, which will now service nine transfer routes, covering Namibia’s top tourism destinations.

Shoprite Namibia employees are expected to cash in on the retailer's new N$8.9 billion black economic empowerment (BEE) deal.

Alpha Namibia Industries Renewable Power Limited (ANIREP) has secured a new contract to construct and operate a 18.5 megawatt (MW) solar plant to be located at Kokerboom in Keetmanshoop.

The Solidarity Union and the Namib Mills on Thursday agreed to a two-year salaries deal that will see all employees getting a 7.5 percent increment for the period of July 2021 to June 2023.

Listed Australian uranium development company Bannerman Energy is set to acquire a 41.8% stake in Namibia Critical Metals Inc (NMI) from PhilCo 192 and Adventure Resources for N$81.1 million.

The Hosea Kutako International Airport recorded the highest foreign arrivals in April 2022 since the COVID-19 pandemic outbreak two years ago.

The Bank of Namibia (BoN) has announced the appointment of Herman Shilongo to the Namibia Deposit Guarantee Authority board for a period of five years and Florette Nakusera as administration head.

Balloons normally conjure up images of birthday parties, happy times, and harmless fun. A balloon payment on a vehicle finance agreement, on the other hand, can potentially cost you a lot of money and destroy long-term wealth.

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