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Government’s fourth investment conference on Thursday heard pledges of investment from companies of R332 billion, which will take President Cyril Ramaphosa 95% of the way towards his R1.2-trillion investment goal. 

Namibia is pressing ahead with the construction of a new desalination plant in the central coastal Erongo region to meet demand for water from uranium mines and other users.

 FNB Namibia says the country’s rental market is on a rebound after it was badly affected by the coronavirus pandemic in the last two years.

President Hage Geingob has held a meeting with Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

The Bank of Namibia (BoN) is among five Central banks expected to raise interest rates in the coming weeks to tame inflation pressures that threaten to become entrenched according to a Bloomberg report.

Government has vowed to fight any attempts to liquidate TransNamib after the national rail operator was slapped with a 15-day ultimatum to make payment of N$161 million to Challenge Air or face the prospects of liquidation.

Two major global airlines, Eurowings Discover and Ethiopian Airlines, are set to introduce additional flights to Windhoek’s Hosea Kutako International Airport (HKIA) as from Sunday, 27 March 2022, The Brief can reveal.

As expected, the SA Reserve Bank's monetary policy committee (MPC) has hiked the repo rate by another 25 basis points to 4.25%. This brings the prime rate to 7.75%.

Agribank says it has invested N$12.8 million towards the operationalisation of its Agri Advisory Services Division (AASD) within the Marketing and Customer Strategy Department of the Bank.

Port of Walvis Bay has taken delivery of its maiden breakbulk consignment of sugar stuffed in 50kg bags, with a total consignment volume of 20 800 tonnes originating from Brazil.

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