banner

 

TransNamib secures loan to purchase new trains

Breadcrumb

TransNamib has secured a N$2,6 billion loan from the Development Bank of Southern Africa and the Development Bank of Namibia, which will be used for its capital projects to unlock corridor capacity and address maintenance issues of its locomotives.

Namibia's export earnings drop by 12.7% in August to N$8.7 Billion

Breadcrumb

Namibia's export earnings stood at N$8.7 billion in August this year. This figure represents a decline of 12.7% from N$10 billion recorded in July 2024. 

The import bill for the month under review stood at N$12.3 billion. This is an increase of 1.9% from N$12 billion recorded during the preceding month.