Tag: Business

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Inflation eases as food prices decline: BoN

The Bank of Namibia’s 2024 quarterly bulletin released on Friday showed that inflation slowed to 5.0 per cent, from 5.7 per cent registered in the previous quarter, mainly due to lower inflation rates for food and alcoholic beverages.

It indicated th…

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Namibia supports women rights and leadership: Theofelus

The upcoming Nala Feminist Collection (Nalafem) Summit to be held in Windhoek represents the government’s continued support and advocacy for women’s rights and women’s leadership on the African continent, Minister of Information and Communication Tech…

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Ongwediva raises over N.dollars 1.3 million for OATF

The Ongwediva Annual Trade Fair raised over N.dollars 1.3 million in pledges during a gala dinner held on Saturday at Ongwediva.

MTC as the main sponsor pledged N.dollars 380 000, followed by Standard Bank with N.dollars 250 000 and First National Ba…

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Nangolo encourages local people to invest in tourism

The Ondonga Traditional Authority (OTA) King, Tate Omukwaniilwa Fillemon Shuumbwa Nangolo is encouraging local people to showcase their culture and traditions in tourism and sustain and preserve them for future generations.

Nangolo during the Etotha …

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Cenored set to increase electricity tariffs in July

The Central North Regional Electricity Distributor (Cenored) on Friday announced its new electricity tariffs, increasing by 6 per cent as of 01 July this year.

Cenored Communications and Marketing Officer, Chali Matengu on Friday afternoon officially…

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ECA reforms to achieve mandate – Official

The United Nations Economic Commission for Africa (ECA) is undergoing reforms to ensure greater effectiveness in achieving its mandate.

The Executive Secretary of ECA, Mr Claver Gatete, said this in a statement on Thursday by the Communications Secti…

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MTC to host inaugural Tech Hub Conference

ONGWEDIVA: Mobile Telecommunications Limited (MTC) has announced that it will host the inaugural MTC Tech Hub Conference during the Annual Ongwediva Annual Trade Fair in August.

MTC’s Corporate Affairs Manager, John Ekongo made the announcement durin…

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Mining sector pays N.dollars 6.8 billion in taxes

WINDHOEK: The total taxes paid by the mining sector amounted to N.dollars 6.861 billion in 2023, marking a significant increase of 55.9 per cent from N.dollars 4.401 billion in 2022.

The Gross Fixed Capital Formation also saw substantial growth, risi…

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