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O'Brien Hekandjo has been appointed Acting Chief Executive Officer for the City of Windhoek for three months.

The head of Nigeria's treasury has been arrested for alleged involvement in fraud and money laundering worth 80 billion naira (~R3.19 billion), the national anti-graft agency said.

Zimbabwe lifted a 10-day ban on bank lending as critics warned that the government has shattered confidence in the already stagnant economy.

Agriculture minister Calle Schlettwein says the law should take its course on anyone caught offside trading in counterfeit goods.  

 

 Emerging Markets Energy Services Company (Emesco) says it has started construction work at the 5.4MW Rosh Pinah Solar Park (RPSP).

The Bank of Namibia’s (BoN) role in administering the Welwitschia Sovereign Wealth Fund is only temporary, The Brief has established.

Agriculture-focused financial institution, Agribank, has extended its farmland loan repayment period for youths by 5 years to 30 years.

Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s minister told a mining conference on Monday.

The South African rand fell in early trade on Monday amid subdued risk-taking as investors sought safety due to fears about global growth, while power cuts on the domestic front clouded the economic growth outlook.

The Namibia Chamber of Commerce and Industry (NCCI) and the Chamber of Commerce and Industry of Angola (CCIA) have launched the Namibia-Angola Business Forum.

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