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Diversified battery metals explorer, Arcadia Minerals, says it is not affected by the Namibian government's decision to ban the export of unprocessed lithium and other critical minerals, as it plans to construct a processing plant in the country.

The Namibia Statistics Agency (NSA) has allocated N$59 million to update and develop the country’s data infrastructure.

The Meat Corporation of Namibia (Meatco) says it has rejected a proposal by Savanna Beef Processors (Savanna) to use its abattoirs for slaughtering and processing of beef for export to international markets.

The Bank of Namibia (BoN) has thrown its support around proposed measures to reduce foreign ownership in commercial banks, saying decision making at financial institutions should resort with locals.

 FNB Namibia says private sector credit uptake is projected to average 2.9% in 2023 as consumers are anticipated to forgo luxuries and downsize their expenditures due to the declining spending power.

The Government Institutions Pension Fund (GIPF) has expressed concern over the moratorium placed by the state on the recruitment of civil servants.

The Bankers Association of Namibia (BAN) recently unveiled its latest version of the Code of Banking Practice, aiming to bolster sound banking practices and strengthen the relationship between banks and their customers.

O&L Nexentury, a subsidiary of the Ohlthaver & List Group (O&L) plans to construct a 100 megawatts solar plant to be located outside Windhoek at a cost of more than N$1 billion.

The cost of private healthcare in the country has increased by over 320%, a study by the Namibian Competition Commission (NaCC) has revealed.

The private sector credit extension experienced a slowdown to 1.5% in May this year compared to 2.6% in April, amid tight financial conditions and successive repo rate hikes, latest data shows.

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