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The country’s annual inflation rate for December increased by 4.5% compared to 2.4% recorded in December 2020, the Namibia Statistics Agency (NSA) said Thursday.

Letshego Holdings Namibia has become the first company in the country to introduce a mandatory vaccine policy, as Namibia battles a fourth wave of COVID-19 and the new Omicron variant.

Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's entire offshore asset portfolio in Namibia and South Africa, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition.

Massmart’s announcement in late December that it had identified 15 Game stores “that will be subject to a possible sale” is curious.

The African Leadership Institute (ALI) was awarded N$250 000 as the second runners-up in the Private Sector category at the Old Mutual Partnership Awards (OMPA) held in Johannesburg, South Africa in December 2021.

South Africa’s large alcohol producers are struggling to satisfy demand, which is hitting tavern owners hard.

COVID-19 flare-ups, diminished policy support, and lingering supply-chain bottlenecks will see the global economic recovery cool more than previously estimated in 2022, after last year’s expansion clocked the fastest post-recession pace in eight decades, the World Bank said.

The Government Institutions Pension Fund (GIPF) has in recent years increased the shift and reliance in the use of information technology for its staff and members. As we aim to reduce the further spread of the COVID-19, we encourage our members to make use of our online platforms such as the GIPF member portal, our regional call centre lines and regional emails addresses, to access our services.

DStv will lose half a million customers in South Africa over the next five years, while its revenue in the country will decline by around R3 billion.

Zimbabwe owes South African Airways (SAA) and other international airlines a total of $177.6 million (around R2.78 billon) in funds that could not be repatriated.

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