Namibian Sun

Cirrus Securities has released information derived from private sector credit extension (PSCE) figures for April 2020, painting a bleak picture of the Namibian business landscape....

Andrew Rowles, CFO for Ashburton Namibia: “We expect that the Namibian recession will deepen even further, with the short- to medium-term outlook remaining very challenging.”Augetto...

Phillepus ­Uusiku With water being an essential resource to cope with the Covid-19 pandemic, the sector received the third-largest share behind transport and education in...

Phillepus Uusiku - Sectors that have the potential to create employment and boost overall output such as the agricultural sector got a share of 8%...

Empty sunbeds lie along a beach in the Cypriot resort town of Ayia Napa. International tourism is set to fall by 70% this year, marking...

Jo-Maré Duddy – Nearly N$560 out of every N$1 000 of government’s own revenue in 2020/21 will pay for civil servants’ salaries and benefits, leaving...

Kenya KamboweRUNDUPolitical commentator Ndumba Kamwanyah has questioned why government continues to divert billions of dollars to the defence ministry, while the country is not under...

The managing director of the Agricultural Business Development Agency (AgriBusDev), Petrus Uugwanga, says the agency does not have enough money to pay the outstanding salaries...

The fallout from the coronavirus has had a large disinflationary effect on prices in April due to the large demand shock and plunge in oil...

OGONE TLHAGEWINDHOEKFinance minister Ipumbu Shiimi has tabled a N$64.3 billion budget, with a whopping extra N$8.4 billion, or 16.4% of revenue, earmarked for the payment...