Totem

17 May 2018 | Economics

Quote of the day

“We had to devise various plans and business strategies to ensure that our cannery remains operational, even if it means we only operate at a break-even level.”- Pieter Greeff, MD, Etosha Fishing

Stat

N$202.8 m

Is the amount budgeted for the development of communal areas during the three year MTEF period.

-Development budget

Focus

Budget

Priority budget for lower courts

Of the N$100.1 million development budget allocation for the ministry of justice’s 13 projects in 2018/2019, about 42% goes to the upgrading and construction of lower courts project.

-Development budget

Similar News

 

Petrol, diesel hikes fuel inflation

1 day - 16 August 2018 | Economics

Annual transport inflation which rose from 7.2% in June to 8.9% last month, drove overall inflation up from 4% to 4.5% - the highest since...

Consumer hurt more by recession

1 day - 16 August 2018 | Economics

Jo-Maré Duddy – The impact of the downtrodden economy on the consumer last year was worse than anticipated with the final official figures showing that...

Junk here to stay

1 day - 16 August 2018 | Economics

Jo-Maré Duddy – Namibia’s creditworthiness is likely to remain junk for the foreseeable future, analysts have said in reaction to Fitch Ratings’ affirming the country’s...

BoN shows mercy … for now

1 day - 16 August 2018 | Economics

Denver Kisting - Namibians have again been spared an interest rate hike by the country’s central bank.However, this news competes against an announcement that the...

Windhoek, Walvis swim in foreign money

1 day - 16 August 2018 | Economics

ELLANIE SMIT A global report has ranked Windhoek and Walvis Bay among the cities in Africa attracting the highest...

Africa Briefs

1 day - 16 August 2018 | Economics

SA's 2018 growth to be ‘much lower’South Africa's economic growth this year will be "much lower" than initial expectations, the central bank said in a...

Namibia still stuck in ‘junk’

1 day - 15 August 2018 | Economics

Fitch Ratings has affirmed Namibia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB+' with a Stable Outlook. In layman’s terms, it means the government’s creditworthiness...

Recession slightly worse than expected

1 day - 15 August 2018 | Economics

Namibia’s economy grew by -0.9% in 2017, the Namibia Statistics Agency (NSA) said in its Annual National Accounts released today. In its preliminary report released...

Inflation at highest level this year

1 day - 15 August 2018 | Economics

Data released by the Namibia Statistics Agency (NSA) shows the annual inflation figure for July at 4.5% - up from 4% the previous month.The main...

BoN keeps interest rates steady

1 day - 15 August 2018 | Economics

The Bank of Namibia (BoN) has just announced that its monetary policy committee decided to keep the central bank’s repo rate unchanged at 6.75%.That means...

Latest News

Cops probe 'murder ­conspiracy'

4 hours ago | Crime

The police say they are investigating allegations that the recent death of a Nigerian professor in Windhoek was not suicide.The family of Dr Ayetuoma Cyril...

Dobberstein new MD for advertising...

4 hours ago | Business

Elizabeth JosephWeathermen & Co recently appointed Nadja Dobberstein as its managing director.Born and raised in Namibia, she is a passionate and driven individual who strives...

Utilising apps to manage and...

4 hours ago | Business

Businesses, regardless of their size or function, should consider utilising applications for agility and efficiency. PowerCom Pty Ltd's CEO, Alisa Amupolo, made these remarks during...

Ondonga mess has festered too...

4 hours ago | Columns

The Ondonga succession issue has been a hot potato for years and there have been lingering fears that the considerable infighting could lead to dangerous...

Third woman killed in the...

4 hours ago | Crime

The Oshikoto police yesterday arrested a 26-year-old man for allegedly murdering his girlfriend.The suspect allegedly hacked Albertina Shipale Sackaria to death with a panga at...

Business Park still in limbo

4 hours ago | Business

A N$19 million tender for the construction of an SME business park at the Omahenene border post in the Omusati Region has suffered another setback.The...

Haukambe’s resilience an Afrox asset

4 hours ago | Business

Michelline Nawatises He is responsible for managing central and northern towns. He joined Afrox in 2013 as an account controller and moved to sales in...

All eyes on Geingob

4 hours ago | International

All eyes are on President Hage Geingob today as he takes over the SADC chairmanship from South African president Cyril Ramaphosa, with the region expecting...

Lands ministry drags feet on...

4 hours ago | Agriculture

While Ombudsman John Walters is still waiting for the master list of resettlement farm beneficiaries - requested more than two months ago - he says...

Load More