Motorists across the country will pay more for fuel from midnight tonight, as pump prices are set to increase once again.
Fuel prices affect more than just motorists - they influence transport, food prices, farming, logistics, and business operations.
Namibia's international reserves rose to N$51.8 billion in March, according to a financial review by First National Bank (FNB).
Botswana's President, Duma Boko, has hailed Zimbabwe's extraordinary economic rebound, which registered a 6.6% growth last year.
Eleven youth enterprises from various regions received business materials worth N$2.5 million under the Rural Youth Constituency Enterprises program in Nkurenkuru. The enterprises were selected during the 2023/2024 financial year as part of the Harambee Prosperity Plan aimed at promoting youth entrepreneurship.
The Namibia Mineworkers Investment Company has reported growth, improved performance, and increased profits over the past financial year. Its board chairperson, Shavuka Mbidhi, made the announcement at a stakeholders engagement.
Communal farmers are encouraged to register their livestock to support Namibia's meat market and contribute to economic growth.
Fuel prices will rise effective 1 April 2026 due to surging global oil prices.
The government says it remains committed to ensuring a stable, reliable, and secure supply of essential resources while proactively addressing risks.
Botswana faces a greater risk of inflation being higher than currently projected due to the proposed increase in electricity tariffs and transport fares.
The development is likely to negatively impact Namibian cross-border traders.
Civil servants will receive a salary increment of five per cent come 1st April.
This follows a signing agreement between the government, the Namibia Public Workers Union (NAPWU) and the Namibia National Teachers' Union (NANTU).
The agreement covers two financial years, 2026/27 and 2027/28.
Minister of Finance Erica Shafudah is expected to table the 2026/27 Appropriation Bill in Parliament tomorrow.
To reflect on this, local economist Omu Kakujaha analysed possible areas of focus and outlined critical sectors that could form part of this year's budget.
