Category: World Business Reports

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NAMDIA pours cold water on social media questions over the company’s security protocols

NAMDIA pours cold water on social media questions over the company’s security protocols

STAFF WRITER NAMIB Desert Diamonds (NAMDIA) says recent posts on social media questioning the company’s security protocols , governance practices a [...]
Nandi Ndaitwah warns against returning development funds to treasury

Nandi Ndaitwah warns against returning development funds to treasury

STAFF WRITER PRESIDENT Netumbo Nandi Ndaitwah has warned government agencies and ministries against underutilisation of allocated funds saying it [...]
Population growth contributed to Namibia’s downgrade to lower middle income country status-Hei

Population growth contributed to Namibia’s downgrade to lower middle income country status-Hei

ECONOMIST Salomo says the recent increase in the Namibian population contributed to the country’s reclassification by the World Bank into a lower mi [...]
DBN accredited as Green Climate Fund direct recipient

DBN accredited as Green Climate Fund direct recipient

STAFF WRITER The Development Bank of Namibia (DBN) has been officially accredited by the Green Climate Fund (GCF) as a Direct Access Entity (DAE) [...]
NCCI Swakopmund branch elects new executive

NCCI Swakopmund branch elects new executive

STAFF WRITER The Namibia Chamber of Commerce and Industry (NCCI) Swakopmund Branch has elected a new Executive Committee. The new leadership now i [...]
Namibia records N$121m trade surplus as China dominates exports

Namibia records N$121m trade surplus as China dominates exports

STAFF WRITER THE Namibia Statistics Agency says Namibia recorded a trade surplus of N$121 million in May. This is a significant improvement when c [...]
Namibians are becoming poorer -Economist

Namibians are becoming poorer -Economist

TAFF WRITER ECONOMISTS say the reclassification of Namibia from an upper middle income country to a lower middle income country means Namibians ar [...]
Namibia now lower middle income country -World Bank

Namibia now lower middle income country -World Bank

STAFF WRITER NAMIBIA is now a lower middle income earning country, the latest report from the World Bank says. According to the latest classifica [...]
Namibia launched N$25 million Green Hydrogen scholarship

Namibia launched N$25 million Green Hydrogen scholarship

STAFF WRITER NAMIBIA on Tuesday launched a N$25 million Green Hydrogen scholarship fund to improve technical understanding about the industry in t [...]
Lab-grown diamonds  threaten value of Namibian  gems

Lab-grown diamonds threaten value of Namibian gems

STAFF WRITER An increasing appetite in affordable lab-grown diamonds (synthetic diamonds) is putting pressure on original carat producers like Na [...]
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