The First National Bank, in collaboration with the Ministry of Finance and Public Enterprises through the Bank of Namibia, has undertaken to address the longstanding financial issue for small and medium enterprises in the |Khomas Region.
The Bank of Namibia (BoN) this week increased the repo rate by 50 basis points, and this has made inflation the main talking point in households.
By historic standards, inflation is not at its highest, but it has become a more prevalent issue in 2023 than it was in 2016/17.
Project Hope has donated school uniforms to more than 50 learners and water tanks to schools in the Kavango East Region.
The Minister of Finance and Public Enterprises, Ipumbu Shiimi, has tabled a bill in parliament aimed at bolstering Namibia's financial intelligence capabilities and addressing the shortcomings identified in the country's recent mutual evaluation report.
The Head of the Windhoek Correctional Facility, Oscar Kasuka, has warned against smuggling contraband within the facility, saying it poses threats such as stalking, bullying, and the risk of escape.
