Green hydrogen a game changer for economic recovery

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The green hydrogen programme is seen as a game changer in Namibia's quest for economic recovery and inclusive growth.

The chairperson of the Namibia Green Hydrogen Council, Obeth Kandjoze, revealed that the green hydrogen initiative has so far created employment for about 500 people.

Over 80 percent of those currently employed in the green hydrogen sector are from marginalised communities, while over 30 local SMEs have been deployed across green hydrogen programmes.

BoN announces COVID-19 relief measures will remain to support economic recovery

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The Bank of Namibia (BoN) announced on Wednesday that some of the COVID-19 relief measures will remain in place to support economic recovery.

In a media statement issued on Wednesday, BoN’s Strategic Communications and International Relations Director, Kazembire Zemburuka, said BoN has decided to continue with some of the measures instituted to cushion households and businesses from the impacts of the COVID-19 pandemic and its related restrictions on economic activities.