insert_link Business / Economics Global demand and drought impact GDP The Bank of Namibia has released the Economic Outlook update for December 2024. The domestic economy is estimated to expand by 3.5 percent in 2024 and 4.0 percent in 2025. However, GDP growth is expected to slow in 2024 due to weaker global demand for minerals and drought-related impacts. Here is Josefina Oskar from the Bank of Namibia. today2 December, 2024
insert_link Business / Economics Letshego Holdings Namibia Appoints New Head of Credit Letshego Holdings Namibia has announced the appointment of Herwin Tsowaseb as its new Head of Credit, effective 15 November 2024. With over a decade of experience in credit evaluation and financial management, Herwin will contribute to advancing financial inclusion and sustainable growth. His appointment strengthens the company’s efforts to empower customers and enhance its market position. today21 November, 2024
Local NSX Unveils New Brand Identity and Celebrates Scholars Competition Winners Windhoek, Namibia — It is with great excitement and pride that the Namibia Securities Exchange (NSX) announces its official rebranding and the conclusion of this year’s Scholars Competition, NSIC 2024. The event, held on 15 November 2024, marks a pivotal transformation for the NSX, as it not only unveiled a fresh new look but also celebrated the exceptional achievements of Namibia’s brightest young minds. NSX Rebrand: A Bold Step Toward […] today20 November, 2024
insert_link Namibian Elections 2024 Swapo’s Amutenya Commits to Addressing National Challenges SWAPO's Member of the Central committee Willem Amutenya said the government will continue to identify solutions to challenges facing the country. Amutenya highlighted challenges such as Youth unemployment, hunger and lack of portable water. today18 November, 2024
insert_link Local United Nations World Data Forum 2024 To Renew Global Action Plan on Sustainable Development Data Opening Press Briefing Tuesday, 12 November WHAT: Curtain-raiser press briefing in conjunction with the opening of the UN World Data Forum 2024. The Forum will be hosted by the government of Colombia with support from the Departamento Administrativo Nacional de Estadística (DANE-Colombia), the statistical office, the city of Medellín (Alcaldía de Medellín), and the Statistics Division in the United Nations Department of Economic and Social Affairs (UN DESA). More […] today12 November, 2024
insert_link Business / Economics Employers Federation Talks New National Minimum Wage The Labour, Industrial Relations, and Employment Creation minister, Utoni Nujoma, announced that the national minimum wage will rise to N$18 per hour, effective January 1, 2025. Terrence Makari from the Employers Federation of Namibia provides insights on this important development. today6 November, 2024
insert_link Namibia Roads Authority Graduation Ceremony Supports SMEs in Tender Processes The Roads Authority hosted a five-day graduation ceremony in Windhoek aimed at empowering Small and Medium-Sized Enterprises with insights into tender processes. Spokesperson Hileni Fillemon provided further details on the initiative. today5 November, 2024
insert_link Opinion Pieces Affordable Housing: A Key Driver for Sustainable Development Monday, 4 November 2024 - Affordable housing is one of the key aspects for development in Namibia. In response to the country's pressing housing needs, Old Mutual Namibia launched its Housing Fund in August 2024. With an initial capital of N$50 million, the initiative is set to provide critical financial support for affordable housing projects, aimed at addressing the growing demand for accessible and affordable housing in the […] today4 November, 2024
insert_link South Africa Transport Minister says the country needs a stable and well-maintained road network S.A's Transport Minister Barbara Creecy says South Africa needs a stable and well-maintained road network that will improve access to economic activities and allows for the safe transportation of people and freight on a world-class road system. Creecy visited the R573 Moloto Corridor Road Project from Limpopo to Gauteng. She says quality road infrastructure plays a critically important role in the their economy: today4 November, 2024
