Namibia warns Trump spat with South Africa puts economy at risk

Namibia’s central bank chief warned that escalating tensions between the US and South Africa could destabilise its economy, citing the close ties it has with the two nations and the vulnerability of the Namibian dollar, which is pegged to the rand. …

Armyworms devour crops in northern Namibia, farmers face ruin

Northern farmers are facing financial devastation as armyworms ravage their fields and destroy crops, leaving families with little hope for the harvest. Crop farmers fear widespread food shortages as the worms eat all grass and crops in their way. Ompundja …

Trump’s dispute with South Africa spells trouble for Namibia economy

Namibia’s central bank governor has cautioned that rising tensions between the U.S. and South Africa could have a destabilizing effect on Namibia’s economy. He highlighted the nation’s strong economic ties with both countries and the vulnerability of the …

Upcoming ops in Namibia, Angola, Nigeria, and Libya mark oil & gas drilling hotspots across Africa

While the hydrocarbon search is set to continue around the globe to ensure energy security, certain oil and gas prospects and drilling activities tend to attract more attention. Bearing this in mind, African Energy Chamber (AEC), which serves as the voice …

Namibia approves visa exemption deal with China

WINDHOEK, Feb. 12 (Xinhua) -- Namibia's Cabinet has approved a mutual visa exemption agreement between the Ministry of Home Affairs, Immigration, Safety and Security (MHAISS) and China. Minister of Information and Communication Technology Emma …

African Energy Chamber (AEC) Pays Tribute to Sam Nujoma – Namibia’s Founding Father, Energy Champion

News24 Business | Namibia warns Trump spat with SA puts its economy at risk

The Namibian dollar is pegged to the rand. (Maksym Kapliuk/ Getty Images) Be among those who shape the future with knowledge. Uncover exclusive stories that captivate your mind and heart with our FREE 14-day subscription trial. Dive into a world of …

Namibia central bank cuts key rate, saying inflation well-contained

WINDHOEK: Namibia’s central bank cut its main interest rate for the fourth straight monetary policy meeting, saying its projections showed inflation would remain well-contained and there was room to support the economy. The Bank of Namibia reduced its repo …

Shell’s setback won’t halt Namibia’s oil prospects, global energy analysts say

Staff Reporter DESPITE Shell’s downgrade of its Namibian deepwater oil discoveries, there is still a possibility that Namibia will become a deepwater oil producer in the coming years. This is according to the global energy analytics firm Wood Mackenzie, …

Namibia maintains corruption ranking …as Sub-Saharan Africa scores worst out of all global regions

Namibia has for the fourth consecutive year maintained a score of 49 out of 100 on the Transparency International’s (TI’s) Corruption Perceptions Index (CPI).  This index is the leading global indicator of public sector corruption, providing an annual …