Economy

Economy (712)

The Bank of Namibia (BoN) has begun monitoring monetary developments in South Africa to see if they will have major implications on the domestic economy.  

The Germany government will preliminarily lift all Covid-19 related restrictions for entry with effect from midnight, Saturday the 11th of June,2022.

As Namibia’s peak tourism season approaches, car hire companies continue grappling with challenges of sourcing new vehicles to rebuild their fleets in response to the rising demand in self-drives.

President Hage Geingob says Namibia’s education system should be transformed with a bias towards a more sustainable and inclusive industrialisation drive.

The Namibia Chamber of Commerce and Industry (NCCI) says the country’s private sector has a crucial role to play in stimulating economic growth and job creation.

The Government is set to auction 1000 metric tonnes (MT) of Monk Freezer fish in its second sale of the year.

President Hage Geingob has promised economic miracles, with the government banking on recent oil discoveries in the country and the planned implementation of green energy projects. 

Namibia is set to become one of the fastest-growing event destinations in Africa in the coming seven years, the Southern African Association for the Conference Industry (SAACI) has said.

Namibia’s uranium mining sector is expected to register positive growth in 2023 according to the Bank of Namibia (BoN).

Mines and Energy Deputy Minister Kornelia Shilunga says Namibia’s high exposure to international factors limits the government's options for introducing measures to curb steep increases in fuel prices.

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