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The Namibia Training Authority (NTA) has inaugurated an 80kW Solar Power Plant at the Gobabis Vocational Training Centre (VTC), as the firm promotes environmental responsibility.

 The German Development Bank (KfW) and NamPost, through its subsidiary PostFin, signed a N$406-million concessional financing agreement to disburse as micro-loans to micro- and small-sized enterprises and households in rural and remote areas.

The Treasury says the economy in Namibia is forecast to grow 3.5% this year, before slowing to 2.9% in 2024.

Namibia's public debt is set to surge to N$153.8 billion in the 2023-2024 financial year, an official has revealed.

The Minister of Finance and Public Enterprises Iipumbu Shiimi says a broad policy of prioritising unforeseeable and unavoidable emergencies was adopted while drafting the 2023-2024 midterm budget review.

Namibia has hosted consultations to formulate the process and guiding principles for the establishment of a new legislative framework that will govern renewable resources such as green hydrogen.

Loans worth N$326.1 million have been disbursed to a total of 310 small and medium enterprises (SMEs) since the launch of the SMEs Recovery Loan Scheme by the Bank of Namibia, Finance and Public Enterprises Minister Iipumbu Shiimi has revealed.

High interest rates increase the income opportunity of one’s savings and investments.

Namibia's 81 public enterprises have an asset value of N$119 billion and liabilities amounting to N$60 billion, giving a net portfolio value of N$50 billion, an official has said.

Namibia has lost an excess of N$4 billion over a three-year period due to undeclared trade transactions, latest data reveals.

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