Economics

Is there time to save the world?

16 hours ago | Economics

Thin Lei Win - Five years ago, members of the United Nations unanimously approved a set of ambitious goals to hit by 2030 aimed at making the world a better place.The title wasn't snappy but...

Nam upper middle-income classification misleading

16 hours ago | Economics

Namibia has a small population and is endowed with natural resources however, the country faces ongoing impediments to realising its developmental aspirations, said president Hage Geingob.He made this remarks on the occasion of the high-level...

Coronavirus hits South Africa jobless data in Q2

16 hours ago | Economics

Official unemployment in South Africa fell to 23.3 percent of the workforce between April and June, according to survey results published on Tuesday, though the actual rate was nearly double that.The jobless rate, according to...

Consumers caught in debt trap

1 day - 30 September 2020 | Economics

Jo-Maré Duddy – The average amount Namibians borrow at microlenders at a time have catapulted over the last decade, contributing to individuals’ over-indebtedness.Statistics from the Namibia Financial Institutions Supervisory Authority (Namfisa) show that the average...

Grootfontein municipality avails 1120 plots

1 day - 30 September 2020 | Economics

Over 300 residents of Grootfontein in need of housing gathered at the Kap en Bou informal settlement where they were informed of the 1 120 serviced plots to be availed for residential purposes.The gathering follows...

Sudan foreign aid to assist poor families

1 day - 30 September 2020 | Economics

The EU and World Bank have signed a deal for almost US$190 million in direct financial aid to poor families in Sudan, official news agency...

App matches Zim farmers with vacant plots

1 day - 30 September 2020 | Economics

Farai Shawn Matiashe - For more than a year, Lionda Mhonda searched for a plot of land to buy in northeastern Zimbabwe, but struggled to...

DBN supports Omboga powdered spinach soup

2 days ago - 29 September 2020 | Economics

Development Bank of Namibia (DBN) has celebrated the culmination of its support to 2018 Innovation Award winner VNA Foods at the launch of the fledgling...

Mutorwa inaugurates new Transportation Commission

2 days ago - 29 September 2020 | Economics

Minister of works and transport John Mutorwa inaugurated the newly-appointed members of the Transportation Commission of Namibia.President Hage Geingob appointed the members in accordance with...

Libya seeks to revive oil industry

2 days ago - 29 September 2020 | Economics

Libya's National Oil Company said it expected oil production to rise to 260 000 barrels per day (bpd) next week, as the OPEC member looks...

Uganda's public debt surges in coronavirus crisis

2 days ago - 29 September 2020 | Economics

Uganda's public debt surged 20.5% in the 12 months to June as the east African country soaked up new credit to help deal with the...

Shivute vows to hunt tax dodgers

3 days ago - 28 September 2020 | Economics

OGONE TLHAGEThe newly appointed commissioner of the Namibia Revenue Agency (Namra), Sam Shivute, has vowed to chase after tax defaulters in his new position. ...

Economics

Kamanjab residents owe N$ 10...

3 days ago - 28 September 2020 | Economics

The outstanding water bill of Kamanjab residents has accumulated to N$ 10 million after local authorities were given a directive to reconnect water for residents...

Agriculture, ICT, health drives growth

3 days ago - 28 September 2020 | Economics

The Namibian Statistics Agency (NSA) recorded improved performances in the agriculture and forestry, Information and communication technology (ICT) and health sectors, according to the Producer...

Nigeria's central bank cuts lending...

3 days ago - 28 September 2020 | Economics

By Alexis AkwagyiramNigeria's central bank cut its benchmark lending rate by 100 basis points to 11.5% in a surprise move aimed at stimulating growth in...

Economy loses nearly N$6bn in...

6 days ago - 25 September 2020 | Economics

Jo-Maré Duddy WINDHOEKAbout N$5.7 billion less flowed through the economy in the second quarter due to the lockdown and related Covid-19 measures...

No English cucumbers will be...

6 days ago - 25 September 2020 | Economics

ELLANIE SMITNo English cucumbers will be imported into Namibia until further notice. This was announced to horticulture producers earlier this week by Namibia Agronomic Board...

Government wage index increases in...

6 days ago - 25 September 2020 | Economics

PHILLEPUS UUSIKU The government wage index stood at 133.0 basis points during the second quarter of 2020, an increase of 0.9 percent, compared to an...

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