Month: October 2022

The Mid-Term Budget was tabled in the context of global and domestic cost-of-living pressures.

Ambassador of the European Union (EU) delegation to Namibia Sinikka Antila, yesterday said Namibia’s exports to the EU market has grown by 50%, and at one point reached €36 billion (about N$650 billion) while imports only grew by 8.9%.

Yesterday, the Namibian Employers Federation (NEF) released some shocking figures with regards to the negative effects of Covid-19 on the local economy. In 2019, 158 companies and in 2020 some 52 companies filed for liquidation in the High Court. 

As expected, the Bank of Namibia’s (BoN’s) Monetary Policy Committee (MPC) yesterday increased the repo rate by 75 basis points to 6.25%.

Over 71 000 members of the youth volunteer group ‘WE ARE ONE’, headquartered in South Korea, set a new Guinness World Records title for the most people to sign up online as blood donors within 24 hours. 

The Windhoek High Court has dismissed the application by the Blouwes Traditional Authority for an order to compel rural development minister Erastus Uutoni to consider Johannes Koopman as their chief.

The University of Namibia’s pro-vice chancellor for academic affairs, Frednard Gideon, says globalisation, the impact of Covid-19, and the embracement of the fourth industrial revolution will make change inevitable for future education.

Speaker of the National Assembly Peter Katjavivi has revealed that members of parliament from both Russia and Ukraine have committed themselves to engage in dialogue meant to resolve the protracted conflict between the two countries.

Government has embarked on a campaign to inform business people of the benefits of the Africa Continental Free Trade Area Agreement (AfCFTA).

The One Economy Foundation’s Project #BeFree Centre of Excellence managed to raise N$5.8 million at the recent seventh fundraising gala dinner.