Local banks have been called upon to play a proactive role in the development and funding of small and medium enterprises (SMEs).
President Nangolo Mbumba says another way is for the banks to involve more equity types of instruments and substantially lessen collateral requirements.
The Namibia Petroleum Corporation, NAMCOR, has suspended its terminal manager at the National Oil Storage Facility at Walvis Bay.
Ellis Egumbo has been suspended on Thursday in connection with the loss of fuel and commercial documents at the facility.
Judge Moses Chinengo has reserved his judgement on the matter for August 8, 2024.
The Editors' Forum of Namibia's Media Ombudsman has launched the 2024 Presidential and National Assembly Elections Media Monitoring Project in Windhoek.
The media monitoring tool will be used to gauge the coverage of media houses and outlets before, during, and after the November 27 elections.
The majority of Walvis Bay councillors have resolved to nullify the motion to terminate its contract with Red Force Debt Management.
The decision was taken at a special council meeting on 27 June, attended by nine councillors.
