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

National Development

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Business / Economics

Development Bank of Namibia Reports N$62 Million Profit Amidst Job Creation Efforts

The Development Bank of Namibia has announced an investment of over N$21 billion towards the country's development, resulting in the creation of more than 76,000 jobs since its establishment 20 years ago. For the FY2023/2024, according to reports by The Brief, the bank reported a net operating profit of N$62 million, a significant recovery from the N$270 million loss in 2022. Although the bank aimed for a N$100 million profit, […]

todayNovember 1, 2024 9

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Namibia

Swapo and IPC manifestos reveal big budget plans

The Swapo Party's manifesto. Launched on Saturday, promises to spend over N$85 billion to create jobs for unemployed Namibians over the next five years if they win the election. The Independent Patriots for Change also released a manifesto at the weekend, which includes a N$100 billion budget for national development if the party is elected into power. Public policy analyst Dr. Marius Kudumo weighs in.  

todaySeptember 16, 2024 107

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