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The Development Bank of Namibia (DBN) reported a surge in its loan approvals to N$1.4 billion for the 2023-2024 fiscal year, compared to N$976.4 million recorded in the comparative period.

Namibia’s Deputy Prime Minister and Minister of International Relations and Cooperation Netumbo Nandi-Ndaitwah says the export of value-added goods will go a long way in boosting the country’s foreign direct investment inflows and employment.

The Communications Regulatory Authority of Namibia (CRAN) has extended its Memorandum of Understanding (MoU) with the Namibia Civil Aviation Authority (NCCA) for an additional three years.

President Hage Geingob told Heads of Mission to look for new opportunities to grow trade, attract investment and find markets for Namibian products in their countries of accreditation as they continue to build and sustain Namibia’s relations internationally.

The Namibian Ports Authority (Namport) says it will play host to 10 passenger cruise liners this tourism season. 

Petrol and diesel prices will remain the same in November, the Ministry of Mines and Energy has announced.

TotalEnergies is set to begin critical production tests on an appraisal well at its Venus oil discovery offshore Namibia.

Uranium One Group’s operating company, Headspring Investments, has been granted an Environmental Clearance Certificate (ECC) to start constructing a field laboratory where its main field operations are at farm Tripoli.

The Ministry of Finance and Public Enterprises has started regional consultations on the touted Public Enterprises Ownership Policy, through which the government seeks to create an entity to control all state-owned enterprises (SOEs) while letting go of some.

The third quarter (Q3) of 2023 has seen a 102.65% increase in beef exports of 6,343 tonnes, surpassing the 2022 performance under the same period.

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