Namibia has intensified efforts to attract investment as it targets export growth from N$102 billion to N$168 billion by 2030.
International Relations and Trade Minister Selma Ashipala-Musavyi says the country's economic agenda is focused on value addition and industrialisation.
Namibia's unrealised export potential is estimated at about N$13.5 billion within Africa and N$64.4 billion globally by 2030.
The government has committed to reducing the fiscal deficit from 5.5% of Gross Domestic Product (GDP) in the 2026/27 financial year to 3.3% by 2028/29.
The country's fiscal position is currently said to be weak with limited fiscal buffers, failing revenues and high spending needs.
Former Nigerian President Olusegun Obasanjo says Africa must do more to unlock resources within the continent to drive its own investment and economic growth.
The Anti-Corruption Commission's deputy director general says corruption weakens public institutions and negatively affects economic growth and development of any nation.
Motorists across the country will pay more for fuel from midnight tonight, as pump prices are set to increase once again.
Fuel prices affect more than just motorists - they influence transport, food prices, farming, logistics, and business operations.
Namibia's international reserves rose to N$51.8 billion in March, according to a financial review by First National Bank (FNB).
Botswana's President, Duma Boko, has hailed Zimbabwe's extraordinary economic rebound, which registered a 6.6% growth last year.
Eleven youth enterprises from various regions received business materials worth N$2.5 million under the Rural Youth Constituency Enterprises program in Nkurenkuru. The enterprises were selected during the 2023/2024 financial year as part of the Harambee Prosperity Plan aimed at promoting youth entrepreneurship.
The Namibia Mineworkers Investment Company has reported growth, improved performance, and increased profits over the past financial year. Its board chairperson, Shavuka Mbidhi, made the announcement at a stakeholders engagement.
