Economy (712)

The German government has provided Namibia with N$32.3 billion in development funding since 1990, official figures show. 

TEDx, which embraces the overarching objective of "ideas worth spreading and stories worth telling," brings together people from many backgrounds under a single flag: to promote inspiration and create debates that can change lives.

President Hage Geingob is heading to Cape Town, where he is set to participate in the African Energy Week conference.

The Brief newspaper on 21 September 2023 reported that Namibia’s economy grew by N$7.3 billion to N$58.6 billion in the second quarter of 2023, which translated to a 3.7% economic growth. Although the statistics are admirable, what do they mean for the layperson?

Namibia’s foreign direct investment (FDI) surged to N$7.6 billion (US$400 million) in the second quarter of 2023 from N$6.2 billion (US$330 million) in the first quarter, setting a remarkable milestone in capital inflows.

International Relations Minister Netumbo Nandi-Ndaitwah has called for closer collaboration between national bulk electricity suppliers, NamPower and Eskom to improve energy supply.

The City Police has expressed growing concern over informal traders who are increasingly setting up businesses without following regulatory requirements.  

South African President Cyril Ramaphosa is set to arrive in Namibia on an official visit to participate in the 3rd Session of the Namibia-South Africa Bi-National Commission (BNC) to be held on Friday.

Namibia’s largest pension fund, the Government Institutions Pension Fund (GIPF) has to date committed N$2.2billion (US$123 million) and invested N$1,110 million (around US$62.15 million) in the country’s renewable energy sector, official figures reveal.

The African Civil Aviation Centre of Excellence (CoE) should be able to commence operations in July next year, a feasibility study conducted through collaboration between Tampere University of Finland and the Namibia University of Science and Technology (NUST) has revealed.

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