Shafudah to present Mid-term Budget Review to Parliament
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Finance Minister Ericah Shafudah is expected to present the Mid-term Budget Review to Parliament this afternoon.
Finance Minister Ericah Shafudah is expected to present the Mid-term Budget Review to Parliament this afternoon.
The Bank of Namibia has reduced its main interest rate by 25 basis points, to 6.5%, after previously keeping its lending rate unchanged for three consecutive monetary policy meetings.
The Bank of Namibia has condemned recent acts of currency mutilation circulating on social media.
The central bank warns of serious legal action against any person tampering with the features of the country's banknotes and new coinage series.
The President of the Independent Patriots for Change (IPC), Panduleni Itula, said the government and Namibians at large have an equal responsibility to create and maintain a conducive environment for foreign investment to flourish.
Although global oil prices have increased, local motorists will not pay extra for fuel in October. Local prices for both petrol and diesel grades remain unchanged.
The Minister of International Relations and Trade, Selma Ashipala-Musavyi, said access to funding and exposure to international markets are some of the key aspects that will help the Kalahari Wild Silk Project prosper.
Namibia's oil and gas sector could boost the economy, but some residents in the Kavango West Region think the 10% benefit share is too small to grow the economy.
The Head of the Upstream Petroleum Unit, Kornelia Shilunga, said that the Namibian government will enforce a strict upstream petroleum local content policy to ensure the country's discovered oil translates into real benefits to all Namibians.
An international airport and a dry port are just some of the developmental plans envisioned for the town of Rundu.
This was revealed at the Mayoral Business Forum, a platform that allowed the local business community to explore opportunities for growth and partnership.
The Keetmanshoop Agricultural Industrial and Tourism Expo (KAITE) held a fundraising gala dinner where it raised more than N$300,000 for this year's event, scheduled to take place at the end of next month.