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Author: Typesetter

Banco Atlantico license approved

The Bank of Namibia this week announced that Banco Privado Atlantico Namibia had received its Certificate of Authorisation, paving the way for the Angolan bank to engage with banking activities, effective 1 November 2015...

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Pricey fuel pays for storage facility

The new Strategic Oil Storage Levy which will be used for the construction of the new bulk fuel storage facility is an additional levy to the existing Namibia Petroleum Corporation and Fuel Marketing Levies introduced in April...

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Youth sidelined by formal sector

Young people from the ages 15 to 34 years were employed mostly in the informal sector during 2012 and 2013. Over the two years, however, the youth unemployment rate rose from 39.2% to 43.4%, according to Youth Employment report...

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