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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Namibia oil and gas

2 Results / Page 1 of 1

Background

Business / Economics

Alweendo Says Oil and Gas Policy Gaps an African Challenge

Mines and Energy Minister Thomas Alweendo says policy shortcomings in the oil and gas sector are a continent-wide issue, not just a Namibian problem. Speaking on a ministry-hosted podcast, he emphasized the need to refine local content policies to ensure Namibian businesses benefit from resource extraction. In this report, compiled by One Africa TV NewsOnOne’s Eric Mhunduru, Alweendo highlights a call for policy improvements.  

today7 March, 2025 47

Business / Economics

Weekly Economics Wrap 6-13 February 2025: Key Developments in Global and Regional Markets

Namibia: Interest Rate Cut and Oil & Gas Capacity Building The Bank of Namibia has lowered its key interest rate for the fourth consecutive monetary policy meeting, aiming to support economic growth amid stable inflation projections. On Wednesday, the central bank cut the repo rate by 25 basis points to 6.75%, following similar reductions in its last three policy decisions. The move is expected to provide relief to borrowers while […]

today13 February, 2025 24