insert_link Namibia Government eyes more exports to Africa under new trade roadmap The Ministry of International Relations and Trade has launched a strategic planning workshop to shape a five-year plan to advance trade and investment goals. The workshop brings together stakeholders to define the ministry’s broader mandate, which now includes both trade and investment. According to Executive Director Penda Naanda, the plan will pay attention to the African Continental Free Trade Area (AfCFTA) and explore ways to deepen trade relations with countries […] today20 May, 2025
Business / Economics International relations ministry hit by exchange rate pressures, budget strains By: Hertha Ekandjo The Ministry of International Relations and Trade faced a series of financial challenges during the 2024/2025 fiscal year, largely driven by exchange rate fluctuations that affected the majority of its operational budget. According to minister, Selma Ashipala-Musavyi, who presented the ministry’s budget speech in Parliament last week, approximately 80% of the ministry’s operational budget was impacted by volatile currency movements. These fluctuations, she said pose a […] today7 May, 2025