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