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Russia’s billionaires are starting to feel the heat.

Last week in Parliament, Finance Minister Iipumbu Shiimi tabled the national budget under the theme Reimaging, a Better Future for the Youth.

 NamPower says it has postponed the disconnection of electricity supply to Kombat village to 11 March 2022.

Barloworld’s shares on Monday ceased trading on the Namibian Stock Exchange (NSX) after its shareholders decided to maintain a sole primary listing on the Johannesburg Stock Exchange (JSE).

The Bank of Namibia (BoN) says the country’s economy is expected to grow by 3.4% in 2022, driven by growth in the extractive sector.

Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday, adding that the industry should see decent medium- to long-term growth.

For the first time in the history of South Africa, the government has formulated a comprehensive National Labour Migration Policy (NLMP), says Employment and Labour minister Thulas Nxesi.

The Ministry of Mines and Energy on Monday announced a huge fuel price increase for the month of March, with petrol increasing by N$1.20/litre and diesel by N$1.30/litre effective Wednesday, 2 March,2022.

Representatives from several major U.S. companies will begin a visit to explore investment and commercial opportunities in Namibia starting Monday, the US Embassy has announced.

The Ministry of Mines and Energy is set to announce the March fuel price for Namibia on Monday.

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