Tag: Business

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Meatco Reports Revenue Surge to N.dollars 1.8 Billion

Windhoek: The Meat Corporation of Namibia announced that it recorded revenue of N.dollars 1.87 billion and a profit before tax of N.dollars 105 million for the 2024/25 financial year. These results mark the end of five years of consecutive losses for …

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SADC Launches 2026 Media Awards Competition

Windhoek: The 2026 Southern African Development Community (SADC) Media Awards Competition was officially launched on Monday. The SADC Secretariat issued a call for submissions from potential entrants across all 16 member states, urging them to submit …

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CRAN to Phase Out 2G and 3G Networks in Namibia

Windhoek: The Communications Regulatory Authority of Namibia (CRAN) has confirmed plans to phase out 2G and 3G mobile networks over the next four years as part of efforts to modernise the national telecommunications sector. CRAN’s Chief Executive Offi…

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Ngurare Rallies Support for Creative Industry

Windhoek: Prime Minister Elijah Ngurare has called for deliberate investment in Namibia’s creative and digital industries, emphasizing that local content creation must be treated as a strategic pillar for job creation and economic growth. Ngurare made…

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Repo Rate Maintained at 6.50 Per Cent for Third Time

Windhoek: The Monetary Policy Committee (MPC) of the Bank of Namibia (BoN) has maintained the repo rate at 6.50 per cent for the third consecutive time, citing subdued domestic growth, contained inflation, and the need to safeguard the currency peg. T…

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