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The rainy season is around the corner and most farmers anticipate good rainfall this season. Sufficient rainfall has several benefits that are crucial for farming activities. Firstly, rainfall promotes the regrowth of rangeland pastures, secondly it provides a source of irrigation for crop fields and thirdly, it replenishes underground water sources.

City of Windhoek (CoW) Acting CEO,George Mayumbelo, has hit back at concerns that his participation in the panel that conducted interviews for the CoW CEO position was unethical.

Namibian motorists should brace themselves for another fuel hike in November after the Ministry of Mines and Energy announced a price increase of 50 c/litre for petrol and 70 c/litre for diesel on Thursday.

Trigon Metals Inc has entered into a credit agreement with IXM SA for a US$5 million project finance facility to provide the next tranche of funding required for the restart of the Kombat Mine.

The combined net worth of Elon Musk and Jeff Bezos approached $500 billion on Wednesday, fueled by the unrelenting rally in Tesla Inc. shares and a broad surge in tech stocks that sent the Nasdaq 100 to an intraday record.

Heineken NV’s talks to acquire Distell Group Holdings have been prolonged as the South African drinks maker’s second-largest investor is asking for a higher price, according to people with knowledge of the matter.

The Development Bank of Namibia (DBN) says it has formally closed an investigation and subsequent disciplinary inquiries which emanated from alleged transgressions in the approval of loans by seven of its staff members.

The Communications Regulatory Authority of Namibia (CRAN) says its recent decision to order Mobile Telecommunications Ltd (MTC) to share its infrastructure with MTN Namibia was influenced by an independent assessment conducted by the Authority, which concluded that MTC had excess capacity on its network and thus was in a position to share its infrastructure.

The Namibia Statistic Agency's inaugural COVID-19 Household and Job Tracker Survey published on Wednesday revealed that COVID-19 legislative restrictions on the sale of alcohol, curfews, and closure of businesses such as gyms and restaurants, led to income and jobs losses.

Global Credit Rating (GCR), in its recent review of Bank Windhoek, affirmed the Namibian long and short-term issuer ratings of Bank Windhoek Limited at AA(NA)/A1+(NA).

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