Miss Namibia finalists were given an exclusive behind-the-scenes look at the glamour and operations of Namibia’s diamond industry, officiated by Debmarian Namibia.
The 10 Miss Namibia finalists toured Debmarine Namibia facilities and learned about the diamond value chain.
Namibia's fiscal position is said to be weak, with limited fiscal buffers, failing revenues and high spending needs.
It is for this reason that the prime minister says the government has committed to reducing the fiscal deficit from 5.5% of Gross Domestic Product (GDP) in 2026/27 to 3.3% by 2028/29.
Students at the University of Namibia (UNAM) have questioned the effectiveness of government interventions aimed at cushioning consumers from rising fuel prices, saying the measures have had little visible impact on daily living expenses.
Namibia Asset Management marked three decades of growth from managing a few hundred million Namibian dollars in assets to overseeing more than N$23 billion today, representing over 7% of Namibia's national savings.
After two hefty increases over the past two months, there is some relief for the motorist as fuel pump prices remain unchanged for the month of June.
The Minister of Industries, Mines and Energy (MIME), Modestus Amutse, made the announcement today.
Namibia's Micro, Small, and Medium Enterprises sector (MSMEs) is the backbone of the national economy, but many businesses remain constrained by limited access to markets, finance, and structured development support.
Parliamentarians in the National Council applauded the Ministry of Finance for a well-crafted budget amid tough global and domestic conditions, as they contributed to the Ministry of Finance's vote at the committee stage.
The Wet Landed Small Pelagic Association has defended a Cabinet decision to relax restrictions in parts of the 200-metre fishing zone, saying the move protects jobs and grows onshore fish processing.
Chief Executive Officers of state-owned enterprises were reminded of their vital role in supporting economic growth and investor confidence.
The CEOs were tasked to always prioritise service delivery to avoid becoming a burden to the state through continuous bailouts.
Newly elected MPs and deputy ministers used their maiden speeches in the National Council to call for industrial development to address socio-economic challenges, including unemployment, housing shortages, and limited access to healthcare and basic services.
