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News Namibia Finance: Namibia: Airnam Operates With Half a Fleet

Published on: Wednesday 10 July 2019
Namibia: Airnam Operates With Half a Fleet
News source: https://allafrica.com/stories/201907100752.html

Five of the 10 Air Namibia aircraft were grounded for technical and financial reasons, the airline's spokesperson, Paul Nakawa, confirmed yesterday. Nakawa said the airline only started operating ...

News Namibia Finance: German Government continues supporting economic development in the Republic of Namibia

Published on: Tuesday 25 June 2019
German Government continues supporting economic development in the Republic of Namibia
News source: https://www.africanews.com/2019/06/25/german-government-continues-supporting-economic-development-in-the-republic-of-namibia/

On Monday, 24 June 2019, Hon. Calle Schlettwein, Minister of Finance of the Republic of Namibia, and His Excellency Christian Schlaga, Ambassador of the Federal Republic of Germany signed a Financial ...

News Namibia Finance: Namibia, Germany Seal Financial Deal

Published on: Wednesday 26 June 2019
Namibia, Germany Seal Financial Deal
News source: https://allafrica.com/stories/201906260714.html

Namibia and Germany have signed a financial cooperation agreement on low-interest loans aimed at boosting the country's economy. The agreement worth N$1,3 billion (€80 million) signed on Monday ...

News Namibia Finance: A New Diamond-Mining Boat Will Hoover Up Gems Off Namibia’s Coast

Published on: Wednesday 15 May 2019
A New Diamond-Mining Boat Will Hoover Up Gems Off Namibia’s Coast
News source: https://finance.yahoo.com/news/diamond-mining-boat-hoover-gems-065712862.html

Anglo’s De Beers unit already has a fleet of boats that hoover up the precious stones on the Atlantic Ocean, through a 50:50 partnership with Namibia. The southern African nation’s diamonds, which have been washed down the Orange River from South Africa over millions of years and deposited in the ocean

News Namibia Finance: Debmarine Namibia sanctions new $468m vessel, lifting diamond output a third by 2022

Published on: Wednesday 15 May 2019
Debmarine Namibia sanctions new $468m vessel, lifting diamond output a third by 2022
News source: https://www.miningmx.com/news/diamonds/36978-debmarine-namibia-sanctions-new-468m-vessel-lifting-diamond-output-a-third-by-2022/

De Beers’ share of the capital spend on the vessel – the seventh in the Debmarine Namibia fleet – will be $234m, about R3.2bn. De Beers is targeting production of between 31 to 33 million carats (mc) ...

News Namibia Finance: Namibia: Swapo Appoints New Board Bosses

Published on: Tuesday 14 May 2019
Namibia: Swapo Appoints New Board Bosses
News source: https://allafrica.com/stories/201905150136.html

whose portfolio includes 51% shares - estimated to be worth around N$250 million - in MultiChoice Namibia. But the holding company has faced financial troubles over the years. Kavendjii said the ...

News Namibia Finance: NCA: 104 000 farmers in limbo

Published on: Monday 13 May 2019
News source: https://www.msn.com/en-za/news/other/nca-104-000-farmers-in-limbo/ar-AABnTN8

Vigne was speaking on Monday during a Namibia National Farmers Union (NNFU ... Line and incorporating of FMD low-risk areas into FMD-free zones during the current financial year. This is according to ...

News Namibia Finance: Stopping the rot in Namibia’s state-owned enterprises

Published on: Friday 10 May 2019
News source: https://africanbusinessmagazine.com/VJWh1

At independence in 1990 “privatisation” was a dirty word among Namibia’s trade unions, a key support base for the ruling SWAPO party. Politics has since shifted, prompted by union-related businesses ...

News Namibia Finance: Namibia: Unsustainable Fiscal Policy Leads to Higher Inflation - Bon

Published on: Tuesday 14 May 2019
News source: https://allafrica.com/stories/201905150131.html

which confirms the existence of a long-run and short-run relationship between fiscal deficit and inflation in Namibia," the bank said. According to the budget tabled in March by finance minister ...

News Namibia Finance: In Drought-stricken Namibia, Solar Energy is Now Used to Make Clean Water From the Atlantic Ocean

Published on: Wednesday 15 May 2019
News source: https://finance.yahoo.com/news/drought-stricken-namibia-solar-energy-115900523.html

HELSINKI, May 15, 2019 /PRNewswire/ -- The sustainable seawater desalination plant was inaugurated by H.E. Dr. Sam S Nujoma, founding President of the Republic of Namibia, on Friday 10 May at the ...