Economy (712)

NamWater is in the process of installing pre-paid water meters in 15 towns which have struggled to service their debts with the water utility, which is currently owed more than N$1.4 billion in total by its customers.

Namibia is currently investigating the origins of 152 containers of timber which were intercepted at the Port of Walvis Bay by the recently established Port Control Unit.

Namibia plans to issue a Green Bond next year with funds raised to be used for the development of green hydrogen projects in the country.

Namibia’s domestic economy recorded a positive growth of 1.6% during the second quarter of 2021 compared to a decline of 11.6% recorded in the corresponding quarter of 2020, the Namibia Statistics Agency (NSA) announced on Thursday.

Namibia can now administer, facilitate & allocate barcodes to locally produced goods & services.

The City of Windhoek says it will only be able to determine the funding model for the planned Cimbebasia high density housing project, consisting of more than 900 housing units being built under a Council Rental Housing Concept when the planning and conceptualization phase of the project is completed by December 2021.

The country’s inflation rate for August 2021, increased by 3.4% compared to 2.4% recorded in August 2020, attributed to food, non-alcoholic beverages and transport, the Namibia Statistics Agency (NSA) announced on Wednesday.

The German Robert Koch Institute (RKI) has removed Namibia from the list of high-risk areas, making it easier for Namibians to travel to Germany starting from Sunday, 12 September 2021.

Namibia is moving ahead to establish a green economic recovery plan as part of government efforts to combat malnutrition and inequality, a move which is expected to double the country’s GDP and create thousands of jobs, President Hage Geingob has announced.

Namibia’s exports for the month of July declined by 49.4%, with imports retreating by 23.1%, latest figures from the Namibia Statistics Agency (NSA) show.

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