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908,000 benefitting from drought relief

2 October 2019

  Prime Minister Saara Kuugongelwa-Amadhila said Wednesday that the estimated number of household beneficiaries for drought relief was initially 42,000 but has now been revised up to 172 938 household that comprises of about 908,018 people. Addressing ministers, deputy ministers, governors and regional council officials in Windhoek, Kuugongelwa-Amadhila said also the drought relief initial budget […]

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Development budget increased from N$5,5b to N$7,9b – Schlettwein

1 October 2019

  Finance minister Calle Schlettwein has said that the Government has increased the development budget by 42.2 per cent from N$5,5 billion to N$7,9 billion for the 2019/20 financial year. Schlettwein said this in his response to the latest downgrade by Fitch Ratings whose results were announced Tuesday in Hong Kong. Fitch Ratings says they […]

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Namibia’s economy to contract by 1.2% – Fitch

1 October 2019

  Fitch Ratings says it expects the Namibian weakening economic growth to contract by 1.2 per cent in 2019, against its initial positive growth expectations of 0.7 per cent. In a report released Tuesday from Hong Kong, Fitch has also downgraded Namibia’s long-term non-Rand foreign currency bonds from BB+sub-investment-grade assigned in 2017 with a negative […]

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Namibia’s current account deficit widens from N$1,3b to N$3,1b

30 September 2019

  Namibia’s current account deficit worsened to N$3.1 billion in the second quarter of 2019 compared to a deficit of N$1.3 billion in the second quarter of 2018. According to the Bank of Namibia’s second-quarter report released Monday, the main drivers of the widening current account deficit were the substantial deterioration in the merchandise trade deficit as […]

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PDM’s 2019 National Assembly list

29 September 2019

  The Popular Democratic Movement has released names of its members who could be going to parliament if the party wins enough seats in the November 2019 Presidential and Parliamentary Elections. PDM held its electoral college in Windhoek at the weekend. The Movement also held the National Executive Committee (NEC) elections. The NEC is serving […]

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We will not insult Swapo- Venaani

29 September 2019

  The official opposition party, the Popular Democratic Movement has held its electoral college this Saturday and its President, and McHenry Venaani told the party’s faithful that they will not insult the ruling Swapo party during the campaign trail. “I want to urge you members of the central committee and especially regional coordinators we are […]

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Govt assisting SMEs – PM

28 September 2019

Prime Minister Saara Kuugongelwa-Amadhila said Saturday that the government has come up with a number of interventions aimed at supporting the development of the SME  in the country. During her keynote address at the official opening of the Swakopmund Mini SME Expo, Kuugongelwa-Amadhila said some of the interventions include financial support to MSMEs in the […]

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Former president Robert Mugabe buried in home village, ending an era

28 September 2019

Zimbabwe’s founding leader Robert Mugabe was buried on Saturday in his home village of Kutama, ending a dispute between his family and the government of his successor President Emmerson Mnangagwa over his final resting place. Mugabe ruled Zimbabwe for 37 years from independence in 1980 but was a polarising figure idolised by some for his […]

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Mugabe to be buried at his village

26 September 2019

Robert Mugabe Zimbabwe’s former President Robert Mugabe will now be buried in his rural home Zvimba, 100 kilometres Northwest of Harare, a Government official has confirmed. Mugabe, who ruled Zimbabwe for 37 years, died on 6 September 2019 at Gleneagles Hospital in Singapore after a long illness. Ever since his death, Mugabe’s burial had become […]

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Govt waiting for court decision on phosphate mining – PM

26 September 2019

             Job Muniaro                       Saara Kuugongelwa-Amadhila The government says there is nothing that can be done regarding the issue of phosphate mining because the case is before courts. Responding to a 19-page petition that was handed over to her office on 10 […]

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