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The Development Bank of Namibia (DBN) has so far invested over N$1 billion funding renewable projects in the country.

Namibians have taken heed of government’s call to support domestic tourism by visiting local hospitality areas, The Brief can reveal.

Diversified financial services institution, the Capricorn Group Ltd (Capricon), says profit after tax from continuing operations increased by 23.8% to N$580.5 million in the interim period ended 31 December 2021.

De Beers is bringing its sales activities back to Botswana’s capital Gaborone, it said on Thursday, almost two years after the Covid-19 pandemic forced them to be held in cities including Antwerp and Dubai.

The Bank of Botswana’s (BoB) Monetary Policy Committee (MPC) maintained the bank rate at 3.75% at a meeting held on Thursday, 24 February 2022.

Finance minister Ipumbu Shiimi on Thursday announced a N$61.556 billion budget under the theme “Reimaging, a Better Future for the Youth.”

Finance minister Ipumbu Shiimi is projecting Namibia’s economy to grow by 2.9% this year before accelerating further to 3.7% in 2023.

Global petroleum firm TotalEnergies says it has made a significant oil discovery off the coast of Namibia.

Agribank, through its Agri Advisory Services, engaged stakeholders in Otjiwarongo to ensure collaboration in the planning and facilitation of regional farmers’ events as well as sharing of expertise and resources for capacity building purposes.

Oil surged past US$105 (~R1 606) per barrel and equities tumbled Thursday after key crude producer Russia sent forces into Ukraine, accelerating fears of a major war in eastern Europe.

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