The annual inflation rate for December 2022 in the Khomas region increased by 7.6 percent compared to 4.2 percent recorded during the same period of 2021, a report by the Namibia Statistics Agency (NSA) has said. The increase was mainly due to increases in the price levels of Food andContinue Reading
Two Namibian projects have been nominated for the Corps-Touristique Award 2023. The first nominee is Ongula Village Homestead in the far north of Namibia which has a perfect blend of great travel experience paired with cultural experiences, local job training as well as community work for the youth. The founder,Continue Reading
Namibia subscribed to the IMF’s Special Data Dissemination Standard (SDDS), becoming the fifth country in Sub-Saharan African to reach this goal. By subscribing to the SDDS, Namibia graduated from the Enhanced General Data Dissemination System (e-GDDS) in which the country had participated since June 27, 2016. Bert Kroese, Chief StatisticianContinue Reading
Vehicle sales broke a two consecutive month decline in November 2022, rising by 38.4% y/y in November 2022, a report released by Simonis Storm reveals. On a monthly basis, vehicle sales increased by 4.9% m/m in November 2022, compared to -2.2% m/m in October 2022. “A total of 1,045 unitsContinue Reading
The National Petroleum Corporation of Namibia – NAMCOR has unveiled its 13th service station the NAMCOR Opuwo Retail Site, the first site under its retail portfolio in the Kunene Region. The site will serve the community of Opuwo and the Kunene Region at large as well as neighbouring regions withContinue Reading
The Communications Regulatory Authority of Namibia (CRAN)is preparing to issue spectrum for 5G in March 2023, which will be accompanied by a consumer awareness campaign to address myths and misconceptions and misinformation around 5G, Emilia Nghikembua, Chief Executive Officer of CRAN has said. Nghikembua said this last week on theContinue Reading
During the month of October 2022, Namibia exported wood charcoal valued at N$107.3 million of which mostly was destined to South Africa, the Netherlands and Belgium, a trade bulletin released by the Namibia Statistics Agency (NSA) reveals. Over the entire period (October 2021 to October 2022), the export value ofContinue Reading
Government has revealed that going forward, those who intend to access biological and genetic resources and or associated traditional knowledge must apply for an access permit and follow all procedures related to compliance. Minister of Environment and Tourism, Pohamba Shifeta last week expressed that Namibia has come a long wayContinue Reading
As a major player in the country’s Corporate and Investment Banking space, RMB Namibia is committed to unlocking new opportunities in the Namibian aviation industry by providing innovative finance solutions. These were the sentiments expressed by Jason Shikalepo, RMB Namibia Head of the Investment Banking Division during a panel discussionContinue Reading
Turkish-based global fashion chain, LC Waikiki which officially opened its doors in the capital with a 2000sqm store in Wernhil on Friday has said that it plans to open two additional stores next year while carrying the goal to increase the number of stores in the country in a shortContinue Reading
