Eleven youth enterprises from various regions received business materials worth N$2.5 million under the Rural Youth Constituency Enterprises program in Nkurenkuru. The enterprises were selected during the 2023/2024 financial year as part of the Harambee Prosperity Plan aimed at promoting youth entrepreneurship.
The Namibia Mineworkers Investment Company has reported growth, improved performance, and increased profits over the past financial year. Its board chairperson, Shavuka Mbidhi, made the announcement at a stakeholders engagement.
Communal farmers are encouraged to register their livestock to support Namibia's meat market and contribute to economic growth.
Fuel prices will rise effective 1 April 2026 due to surging global oil prices.
The government says it remains committed to ensuring a stable, reliable, and secure supply of essential resources while proactively addressing risks.
Botswana faces a greater risk of inflation being higher than currently projected due to the proposed increase in electricity tariffs and transport fares.
The development is likely to negatively impact Namibian cross-border traders.
Civil servants will receive a salary increment of five per cent come 1st April.
This follows a signing agreement between the government, the Namibia Public Workers Union (NAPWU) and the Namibia National Teachers' Union (NANTU).
The agreement covers two financial years, 2026/27 and 2027/28.
Minister of Finance Erica Shafudah is expected to table the 2026/27 Appropriation Bill in Parliament tomorrow.
To reflect on this, local economist Omu Kakujaha analysed possible areas of focus and outlined critical sectors that could form part of this year's budget.
The Business and Intellectual Property Authority (BIPA) has engaged Members of Parliament (MPs) on the developed copyright legal framework and its impact on the cultural and creative industry and economy.
BIPA is facilitating the new Bill that is expected to be tabled in Parliament soon.
Taxpayers owe the Namibia Revenue Agency (NamRa) a staggering N$ 90 billion accumulated over the years.
NamRA's Chief of Strategic Communications, Stakeholder Engagement, and Taxpayer Education, Yarukeekuro Steven Ndorokaze, described it as a historic debt.
The Namibia dollar has strengthened against the US dollar compared to the same period last year.
As of the start of this year, the exchange rate stood at around N$16 to US$1, an improvement from the N$18 recorded around this time in January 2025.
