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In the world of personal finance, few concepts are as potent and transformative as compound interest.

The Electricity Control Board of Namibia (ECB) has absolved Regional Electricity Distributors (REDs) of blame for the exorbitant tariffs that several Namibians are enduring.

Swakop Uranium reported a significant increase in capital investments for the year 2022, surging by N$1.8 billion to reach a total of N$3.4 billion.

Erwin Tjipuka has assumed his new role as Chief Executive Officer of Standard Bank Namibia Holdings (SBN) and Standard Bank Namibia Limited.

The JSE (Johannesburg Stock Exchange) has publicly censured Trustco Group Holdings for its failure to promptly inform shareholders about the effects of a change in the terms of a loan advanced to Huso Investments Proprietary by Trustco's Chief Executive Officer and shareholder, Quinton van Rooyen.

The African Development Bank (AfDB) says Namibia needs at least N$94.6 billion to meet its climate targets and about N$11.2 billion to achieve its green growth objectives from 2021 to 2023.

The International Monetary Fund (IMF) has praised Namibia's strong fiscal discipline and prudent economic policies, which have spared the country from seeking financial assistance from the global lender.

The International Monetary Fund (IMF) says Namibia's real GDP grew by 4.6% in 2022, with continued expansion expected at a rate of 3.2% this year, which is poised to surpass pre-pandemic levels. 

The City of Windhoek has approved a plan to electrify approximately 4,000 households in informal settlements over the next five years beginning this year, The Brief can report.

The Minister of Industrialisation and Trade, Lucia Iipumbu, says there is a need to recognise women farmers and urgently address challenges they face including land rights.

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