insert_link Africa Kenya’s Ruto appoints opposition allies Kenya's President William Ruto has nominated key allies of main opposition leader Raila Odinga to his cabinet, in the latest move to quell growing dissatisfaction with his government. According to the BBC, he gave four posts to the opposition - including the powerful finance and energy ministries. This is the first time the opposition will serve in government since Odinga took up the post of prime minister in then-President Mwai […] todayJuly 25, 2024 6
insert_link Business / Economics Agribank rolls out drought relief plan Namibia's agricultural lender, Agribank, has launched its drought relief subsidy, as announced by Hon. Iipumbu Shiimi, Minister of Finance and Public Enterprises, in his February 2024 budget speech. Effective today, 10 July 2024, the relief will come in the form of installment relief and a penalty interest waiver for clients. According to the bank's spokesperson, Fillemon Nangonya the first intervention focuses on Agribank clients with farmland and livestock loan accounts, […] todayJuly 10, 2024 34
insert_link Namibia NWR announces historic profit, and clean audit Namibia Wildlife Resorts Board and Management have presented the SOEs annual report to the Ministry of Finance and Public Enterprises, Ipumbu Shiimi, today. NWR announced a historic N$46 million profit and clean audit reports for two consecutive years with an increased revenue of 32%, from N$294 million in 2022 to N$387 million. NWR spokesperson Nelson Ashipala has more. todayMay 21, 2024 38
insert_link Africa Ghana’s finance ministry asks President not to sign anti-LGBTQ+ bill Ghana's finance ministry has advised against the President's approval of a recent anti-LGBT bill passed by parliament, cautioning potential repercussions including the loss of $3.8bn in World Bank funding over five to six years. The bill, if signed, imposes jail terms for identifying as or promoting LGBT+ activities, sparking opposition from rights activist Linda Baumann. In a highly unusual move, the warning from the finance ministry was leaked to several […] todayMarch 5, 2024 20
insert_link Namibia Namibia’s Ambitious Digital Transformation to Cost N$100 Million Over Three Years Namibia's digital revolution is projected to cost approximately N$100 million over the next three years, according to Audrin Mathe, the Information Executive Director. Mathe emphasized the ongoing development of the digital strategy through consultations with end-users. The strategy is poised to guide Namibia's path into the digital realm and aligns with the mission to establish a digital government by 2030. While Mathe acknowledged the premature nature of providing exact figures […] todayJanuary 18, 2024 17
insert_link Namibia Concessional loan agreement signed between Finance and Public Enterprises ministry and KfW Development Bank The Finance and Public Enterprises Ministry, alongside KfW Development Bank, have formalized an agreement for a concessional loan dedicated to funding the rehabilitation and expansion of the Gammams and Otjomuise Wastewater Treatment Plants. This project's primary goal is to enhance the current wastewater treatment capabilities and bolster Windhoek's potable water supply. Local economist Klaus Schade has provided insights on this significant development. todayDecember 14, 2023 24
