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BoN reduces repo rate to 7.25 per cent

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

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Mutorwa opens Maritime Week

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…

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Namport celebrates 30 years of growth

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…

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Tax refunds will not collapse businesses: Shiimi

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…

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