As the international oil market continues to have a huge fall in oil demand, diesel prices are expected to increase on Wednesday by 198 cents per litre.

It is, however, a relief for petrol users as prices remain unchanged.

The Bank of Namibia (BoN) has decided to increase the repo rate by 75 basis points, to 6.5%.

The central bank also warned that inflation, which is the main cause of the repo rate, will persist for a longer period of time, driven by factors beyond Namibia's control.

Despite the effects of the COVID-19 pandemic on the logistics industry, Namport's revenue increased by 11% for the fiscal year 2021–2022.

The company's revenue increased from N$1.11 billion during the previous financial year to N$1.23 billion. 

Farmers in the Zambezi Region want visible security along Namibia's borders as cases of stock theft keep increasing.