The Development Bank of Namibia (DBN) has clarified its position on financing mining exploration activities, stating that it does not provide funding for such business activities.

Several State Owned Enterprises reiterated their commitment to finance agricultural activities to ensure food security in the country.

The commitments were made by the Agribank, DBN and the Environment Investment Fund at a three-day workshop on food security in Windhoek.

The Development Bank of Namibia (DBN) has handed over two classrooms to the Maunga Junior Primary School in Linyanti Constituency.

The classrooms were constructed at a cost of N$500 000.

Meatco has introduced strategies to improve its performance and income by exploring new export markets for the country's meat and meat products.

The state-owned company has been swimming in debt over the last few years and has been operating mainly on bank overdrafts.

City of Windhoek and the Development Bank of Namibia signed a loan agreement of N$155 million to finance the construction of the Khomas Intake Substation project.

Developments in residential, commercial, and industrial areas throughout the city have led to an ever-increasing demand for power.