Tag: Business

Don't miss daily news

Repo rate remains unchanged at 7.75 per cent

WINDHOEK: Governor of the Bank of Namibia, Johannes !Gawaxab announced on Wednesday that Namibia’s repo rate is to remain the same, at 7.75 per cent, as decided by the Monetary Policy Committee (MPC).

The prime lending rate remains steady at 11.50 pe…

Read More

MSYNS warns youth against latest scams

The Ministry of Sport, Youth and National Service (MSYNS) has warned members of the public to be cautious of scammers who under false pretence are calling for online applications for a youth development grant covering 2024/2025.

The ministry’s Chief …

Read More

Two Otjiwarongo management committee councillors resign

OTJIWARONGO: Two local authority councillors of the Otjiwarongo Municipality resigned from their positions at the Otjiwarongo Municipality’s management committee last week.

The two are Gideon Iiyambo of the Independent Patriots for Change (IPC) and S…

Read More

Fishing company donates brickmaking equipment

Omulenge Fisheries has handed over brickmaking equipment worth about N.dollars 60 000 to the youth forum of the Okaku Constituency.

The forum then identified the Iitanga village site where the brickmaking project will be stationed.

Omulenge board me…

Read More

Namibia to take part in Mining Indaba 2024

WINDHOEK: Deputy Executive Director in the Ministry of Mines and Energy, Gloria Simubali has led a delegation to the ‘Investing in African Mining Indaba 2024’, which commenced in Cape Town, South Africa on Monday.

A media statement availed by the Min…

Read More

Bank of Namibia appoints new board members

WINDHOEK: The Bank of Namibia (BoN) has appointed three new non-executive board members, in line with Section 9 of the Bank of Namibia Act (2020) with effect from 01 February 2024.

They include Dr Meshack Tjirongo, Advocate Eliaser Nekwaya, and Peter…

Read More

Invest in modern maize technologies: Venaani

RUNDU: The president of the Popular Democratic Movement (PDM), McHenry Venaani, has urged the Ministry of Agriculture, Water and Land Reform to modernise maize production for self-sufficiency.

In a media statement issued on Monday, Venaani said Namib…

Read More

Rural sanitation project takes root in Oshana

KATIMA MULILO: The Ministry of Urban and Rural Development has allocated over N.dollars 2.1 million to the Oshana Rural Development Project for the 2023/2024 financial year.

Oshana Regional Council spokesperson Elly Ashikoto in an interview with Namp…

Read More

Otjinene Village Council service 17 plots in 2023

OTJINENE: The Otjinene Village Council has serviced only 17 plots worth N.dollars 1.7 million in the prime area of that village during this year due to a lack of funds.

This is according to the village council chairperson, Sylvester Kavita, who in an…

Read More