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The Ministry of Finance is pushing ahead with structural changes at the Central Procurement Board of Namibia (CPBN).

The City of Windhoek (CoW) has officially closed down taps providing free water to residents living in informal settlements.

The 145-year-old US insurance and investment giant Prudential is buying a 15% stake in Alexander Forbes, and wants to eventually expand its holdings to a third of the company.

While some experts have warned that South Africa’s petrol prices could climb to as high as R40/litre on the back of Russia’s invasion of Ukraine, this is highly unlikely, says Efficient Group senior economist Dr Francois Stofberg.

Former Standard Bank Namibia Chief Executive Officer Vetumbuavi Mungunda has emerged with a 36 % stake in Schoemans Group.

Letshego Bank Namibia (LBN) is set to start offering home loans as part of its product offering after it completed registering two bonds with the deeds office.

Mines and Energy Minister Tom Alweendo says Namibia’s recent oil discovery will not immediately translates into economic development.

Agribank has in the past 12 months disbursed loans amounting to N$173 million to people and institutions in the agriculture sector.

South Africans should brace themselves for record fuel price increases in April given the ongoing market volatility emanating from the Ukraine-Russian conflict.

An expansion in electricity production across sub-Saharan Africa will require US$350 billion of investment if it’s to reach all citizens, with off-grid generation accounting for a fifth of the total, according to consultant Wood Mackenzie Ltd.

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