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December 13, 2024
Tag: maintains
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Government maintains stance on the export of minerals in their raw forms
The government has maintained its stance on the export of minerals in their raw forms. The Deputy Minister of Mines and Energy, Kornelia Shilunga, reiterated this stance when the Minister of Finance and Public Enterprises sought clarity following the announcement prohibiting the export of critical minerals without value addition. As the discussion of the energy...
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BoN maintains repo rate at 7.75%
The Bank of Namibia has announced the maintenance of the repo rate at 7.75 percent, a decision coming on the heels of the recent drop in local fuel prices. This move is expected to bring a sigh of relief across the nation amid economic challenges. Central bank Governor Johannes !Gawaxab, at the year’s sixth Monetary...
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Red-hot Martinez maintains Inter’s Serie A lead in draw at Juve
Lautaro Martinez ensured that Inter Milan kept hold of their two-point lead at the top of Serie A as he struck in Sunday’s scrappy 1-1 draw at closest rivals Juventus. Argentina forward Martinez swept home Marcus Thuram’s low cross in the 33rd minute following great play down the right flank from his strike partner, to...
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Ondangwa council maintains status quo
Paavo Amwele was re-elected as Ondangwa mayor for the third time on Friday. Amwele will be deputised by his fellow Swapo councillor Ester Auala, while Julia Kapia (Swapo), Gaus Tshithigona (IPC) and Nicodemus Amadhila (Swapo) were elected as management committee members. Tshithigona replaced Ericky Angula of the same party, who resigned as council member, leaving...
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Cohen maintains fistball dominance – The Namibian
Boosted by home advantage, Cohen Fistball Club (CFC 1) once again dominated their opponents during the Bank Windhoek National Tournament hosted in Windhoek over the weekend. CFC 1 won the Category A title for the sixth time in a row. Sport Klub Windhoek (SKW) 4 won the Category B National Cup. In the under-11 youth...
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Capricorn maintains Eagles support – The Namibian
The Capricorn Group yesterday announced that it has extended its partnership with Cricket Namibia for a third year. In collaboration with Capricorn Asset Management, and Capricorn Private Wealth, the Group reaffirmed its steadfast support for Namibia’s national women’s cricket team, officially known as the Capricorn Eagles with a N$300 000 cash sponsorship, gear and equipment...
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Namibia’s Monetary Policy Committee Maintains Repo Rate at 7.75% – Namibia Daily News
By Kaleb Nghishidivali Windhoek, 16 August 2023- The Bank of Namibia’s Monetary Policy Committee (MPC) has made the decision to uphold the Repo rate at 7.75%. This determination arises from a thorough evaluation of worldwide, regional, and local economic circumstances, with the goal of ensuring the stability of the exchange rate between the Namibia Dollar...
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Namibia maintains upper middle income country status – WINDHOEK OBSERVER
CHAMWE KAIRA Namibia has maintained its upper middle income country status in the World Bank Group country classifications by income level for the financial year 2024 from 1 July 2023 to 30 June 2024. In terms of comparison with its peers in the Southern African Development Community, South Africa was also rated as an upper...