Construction of suburb in the North on the cards
Property development company, Stantoll Properties, is set to build a small Auasblick kind of...
Read MoreMonth: January 2016
Drought relief scheme in pipeline
An amount of N$20 million was approved by Government last week for a voucher procurement system that will act as some form of drought relief measure to aid farmers. The scheme, after implementation will subsidise farming inputs...
Read MoreDiesel prices drop, petrol remains unchanged
The Ministry of Mines and Energy announced earlier this week that both diesel fuel pump prices decreased on Wednesday, 6 January 2016, while petrol prices are to remain unchanged. The pump prices for Walvis Bay will change as...
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African Perspectives celebrates 10 years
AfricAvenir’s Namibian film series “African Perspectives” celebrates its tenth anniversary in 2016...
Read MoreVehicles sales for 2015 drop
New vehicle sales decreased by 13.6% year on year and decreased 2.6% month on month according to IJG Securities which recently released its Vehicle Sales report for the month of November. A total of 1,721 new vehicles were sold...
Read MoreNew Agricultural Policy launched
New developments within the agricultural sector, which include new bilateral, regional and multi-lateral agreements as well as the current and expected impacts of climate change and agricultural land reform have prompted the...
Read MoreEconomy expected to grow 4.5% in 2016
The Bank of Namibia (BoN) recently revised its growth forecast for the year 2016 and expect growth to close at 4.5% for the year 2016. The announcement was made late last year. Said the Bank of Namibia, “the domestic economy is...
Read MoreFitch upgrades sovereign rating
Fitch Ratings recently upgraded Namibia’s National rating on the South African scale to ‘AA+(zaf)’ from ‘AA-(zaf)’. The Outlook is Stable. Fitch has also upgraded Namibia’s senior unsecured...
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