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.
Zambia has successfully concluded its extended International Monetary Fund Credit Facility programme.
Zambia has started accepting China's yuan for mining taxes, becoming the first African nation to do so.
The Bank of Zambia is aligning its reserve management with the significant role of China as a major copper trade and debt partner.
The annual inflation rate in September increased by zero- comma one percent compared to three-comma-four percent rcorded at the same time last year.
The Namibia Financial Instituations Supervisory Authority indicated the inflation now stands at three-comma-five percent.
With the vision to boost Namibia's economy and uplift the tourism sector, Miss World Namibia 2025, Selma Kamanya, is driving "Global Namibia One" to do just that.
In Zimbabwe the government has suspended duty on fertiliser imports for 12 months to facilitate affordable pricing and boost agriculture production.
