WINDHOEK: The Bank of Namibia ( BoN ) announced a 25 basis point reduction in the repo rate , from 7 . 50 per cent to 7 . 25 per cent , on Wednesday . BoN Governor Johannes ! Gawaxab said the Monetary Policy Committee ( MPC ) took the

The Tsumeb business community has pledged a total of N . dollars 670 000 for the 19th edition of the Tsumeb Copper Festival . The pledges were made during the official launch of the Tsumeb Copper Festival hosted by the Tsumeb Municipality on Friday ….

The residents of Omuthiya have pledged a total of N . dollars 301 250 for the Omuthiya Town Council Business Expo , which will take place from 28 October to 3 November 2024 at a new market centre in the town . The pledges , made by local business

Deputy Prime Minister and Minister of Works and Transport John Mutorwa has underscored Namibia’s emerging green hydrogen and oil industries as sectors that will rely heavily on efficient maritime and logistical systems.

Mutorwa noted that the oil an…

The Namibian Ports Authority ( Namport ) celebrated its 30th anniversary , marking a significant milestone in its journey since its establishment in 1994 . During the celebratory event at Walvis Bay on Monday , Namport ‘ s Chief Executive Officer And…

WINDHOEK: A significant portion of Namibians are hesitant to invest , and many who can invest avoid taking risks . This is contained in the 2023 Old Mutual Financial Services Monitor ( OMFSM ) availed to Nampa on Monday , which indicates that 37 per c…

Namibia Police Force ( NamPol ) Commander for the Oshana Region , Commissioner Naftal Lungameni Sakaria , said that as law enforcers , they will always want to see business people trading while adhering to the law and required procedures . Sakaria ma…

The Minister of Finance and Public Enterprises , Iipumbu Shiimi , has dismissed concerns among some businesses regarding the impact of the government directive on tax refunds , asserting that it will not lead to their collapse . Parliament has passed…

Ministry of Environment , Forestry and Tourism ( MEFT ) spokesperson , Romeo Muyunda has appealed to the Etotha Carnival service providers to be patient with the process of payment as MEFT is working around the clock to resolve the matter . Muyunda s…

WINDHOEK: While Artificial Intelligence ( AI ) has great potential to revolutionise various sectors and fast – track many of Namibia ‘ s developmental plans , such a scenario is not without its challenges . This was the view of Professor Anicia Peters…

Deputy Minister of Urban and Rural Development , Evelyn ! Nawases – Taeyele , has praised the Arandis Town Council for its impressive progress towards growth and innovation . Speaking at the launch of the Arandis Town Council ‘ s 2024 – 2029 Strategi…

WINDHOEK: Chief Executive Officer of the Roads Authority , Conrad Lutombi has said that the four – lane freeway connecting Windhoek and Okahandja will greatly enhance traffic flow , including the transportation of goods and services . Lutombi was spea…