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The pricing of Polymerase chain reaction (PCR) tests in Namibia, which are an acceptable standard for COVID-19 testing, especially for international travelling and hospital procedures has now come under spotlight with the Namibian Competition Commission (NaCC) considering an investigation.

The Erongo Region has more land allocated for residential plots compared to other eight regions surveyed, Namibia Statistics Agency (NSA) said on Tuesday in its Namibia preliminary urban land statistics report.

Shoprite in JV with RTT

December 14, 2021

South Africa’s biggest supermarket group, Shoprite Holdings, said on Monday that its upmarket grocery chain, Checkers, has entered into a joint venture agreement with its delivery partner, RTT Group, as part of a push to grow its e-commerce business.

MTN Group Ltd.'s Nigerian unit has been awarded a 5G licence in Africa's most populous country, paving the way for the continent's largest wireless carrier to supply faster internet to consumers and businesses.

The UK has removed Namibia and 10 other countries from its "red list" of travel restrictions.

WFP,EIF sign MoU

December 14, 2021

The World Food Programme (WFP) and Environment Investment Fund (EIF) recently signed a Memorandum of Understanding to collaborate on the management of Programmes under the Sustainable Development Goals (SDGs): 2 (Zero Hunger), 13 (Climate Action) and 17 (Partnerships).

More appointments at BoN

December 13, 2021

The Bank of Namibia has announced the appointment of  Dr. Emma Haiyambo as Director of Research and Financial Sector Development and Chief Economist, Florette Nakusera as Director of Financial Stability and Macroprudential Oversight.

Old Mutual Namibia has sealed a N$700 million deal to acquire a controlling 63.8% interest in Vukile Property Fund’s Namibian portfolio.

Namibia’s financial system is under threat from the impending COVID-19 fourth wave coupled with vaccination hesitancy and rising government debt, the central bank has warned.

South African businesses face a historic shortage of newly qualified Chartered Accountants (CAs) in 2022 as many take advantage of international opportunities while others work remotely in South Africa for US companies at very attractive salaries.

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