President Netumbo Nandi-Ndaitwah wants an assessment of the 500,000 job target, with initiatives undertaken over the last seven months.

President Netumbo Nandi-Ndaitwah has praised Namibian Breweries Limited (NBL) for its continued growth and investment in the local economy. She made the remarks during a visit to the company's brewery earlier today. 

Finance Minister Ericah Shafudah is expected to present the Mid-term Budget Review to Parliament this afternoon.

The Bank of Namibia has reduced its main interest rate by 25 basis points, to 6.5%, after previously keeping its lending rate unchanged for three consecutive monetary policy meetings. 

The Bank of Namibia has condemned recent acts of currency mutilation circulating on social media.

The central bank warns of serious legal action against any person tampering with the features of the country's banknotes and new coinage series.

The President of the Independent Patriots for Change (IPC), Panduleni Itula, said the government and Namibians at large have an equal responsibility to create and maintain a conducive environment for foreign investment to flourish.

Although global oil prices have increased, local motorists will not pay extra for fuel in October. Local prices for both petrol and diesel grades remain unchanged.

The Minister of International Relations and Trade, Selma Ashipala-Musavyi, said access to funding and exposure to international markets are some of the key aspects that will help the Kalahari Wild Silk Project prosper.

Namibia's oil and gas sector could boost the economy, but some residents in the Kavango West Region think the 10% benefit share is too small to grow the economy. 

The Head of the Upstream Petroleum Unit, Kornelia Shilunga, said that the Namibian government will enforce a strict upstream petroleum local content policy to ensure the country's discovered oil translates into real benefits to all Namibians.