economy

economy

Financial system remains stable despite global headwinds

Financial system remains stable despite global headwinds

Africa-Press - Namibia. Despite ongoing global economic uncertainty, Namibia’s financial system remains stable and sound, director of financial stability and macro-prudential oversight at the...
Local oil content includes value addition

Local oil content includes value addition

Africa-Press - Namibia. The local content aspect in developing Namibia’s natural resources is vital, and this includes value addition, particularly in the oil and...
Kalangula: Infrastructure a cornerstone for development

Kalangula: Infrastructure a cornerstone for development

Africa-Press - Namibia. Independent Patriots for Change legislator Nelson Kalangula says a country cannot develop without infrastructure development, which is the bedrock for its...
N$1b TransNamib locomotive tender blocked

N$1b TransNamib locomotive tender blocked

Africa-Press - Namibia. Transport minister Veikko Nekundi has halted the procurement of 30 locomotives from a company in the United States by TransNamib. He...
Work commences on the Windhoek district hospital

Work commences on the Windhoek district hospital

Africa-Press - Namibia. Health minister Dr Esperance Luvindao has stated that the Katutura Intermediate Hospital has seen a 50% increase in patient admissions, compared...
Arnergy Secures $18 Million to Accelerate Solar Energy Deployment Across Africa

Arnergy Secures $18 Million to Accelerate Solar Energy Deployment Across Africa

Africa-Press - Namibia. Arnergy, a leading Nigerian provider of distributed renewable energy solutions, has announced the successful close of an $18 million funding round...
Namibia’s nuclear plan: Huge commitment needed, energy expert warns

Namibia’s nuclear plan: Huge commitment needed, energy expert warns

Africa-Press - Namibia. Namibia has been cautioned that embarking on a nuclear programme is no small endeavour as it requires substantial time, resources, and...
China remains Africa's largest trading partner, key contributor to dev't: officials

China remains Africa’s largest trading partner, key contributor to dev’t: officials

Africa-Press - Namibia. The economic and trade cooperation between China and Africa is gaining momentum, with trade volume recording a 6 percent year-on-year increase...
Auditor flags missing records in Otjozondjupa Council

Auditor flags missing records in Otjozondjupa Council

Africa-Press - Namibia. A report by Auditor General Junias Kandjeke has uncovered significant gaps in financial reporting at the Otjozondjupa Regional Council, including missing...
Repo rate maintained at 6.75%

Repo rate maintained at 6.75%

Africa-Press - Namibia. TO continue safeguarding the peg between the Namibia Dollar and the South African Rand, while supporting the domestic economy amid heightened...