Niël Terblanché In the face of ongoing global market fluctuations, the Ministry of Mines and Energy (MME) of Namibia declared that fuel prices for both petrol and diesel will remain unchanged in March In a statement, the ministry said that despite experiencing a substantial under-recovery, calculated at 153 cents per litre for petrol and 114...
December 17, 2024
Tag: Steady
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Interest rates hold steady for now
The recent decision by the BON’s Monetary Policy Committee to keep the repo rate at 7.75% has sparked a mix of reactions, balancing relief and concern among different segments of the population. While some had hoped for a rate cut to alleviate financial burdens, the decision to keep rates steady, at least for now, is...
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Steady rainfall persists across various regions
Staff Reporter WHILE the rain remains generally mild in most areas, it is steadily persisting in various regions. According to Namibia Meteorological Services’ recent rainfall measurements, a number of places in the Khomas Region recently received light rainfall, with Omateva, Bergvlug, and Windhoek recording 5.5mm, 4mm, and 1.8mm of rain respectively between Wednesday and Thursday...
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Uanguta to steady Namcor ship
The National Petroleum Corporation of Namibia (Namcor), which has been in the news for the last year due to leadership and other crises, has chosen Ebson Uanguta to steer the state-owned enterprise. Namcor announced the appointment of Uanguta, who is currently the deputy governor of the Bank of Namibia, as the company’s interim managing director...
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Uanguta to steady Namcor ship
The National Petroleum Corporation of Namibia (Namcor), which has been in the news for the last year due to leadership and other crises, has chosen Ebson Uanguta to steer the state-owned enterprise. Namcor announced the appointment of Uanguta, who is currently the deputy governor of the Bank of Namibia, as the company’s interim managing director...
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Annual inflation rate stands at a firm 6%, while the repo rate remains unchanged at a steady 7.75%
The annual inflation rate averaged 6% during the first ten months of 2023, slightly up from 5.9% during the corresponding period in 2022. The increase in consumer price inflation was primarily shaped by the rise in the food, housing, and miscellaneous goods and services components, the central bank said in the latest Monetary Policy Committee...
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Ready, steady, dash! – away they go for the Nedbank Desert Dash
By Adolf Kaure. Over 1000 cyclists are set to take part in this year’s Nedbank Desert Dash from 8 to 9 December. The race is dubbed the longest single-staged mountain bike race in the world. The nineteenth edition of the Nedbank Desert Dash will start from Grove Mall in Windhoek to Swakopmund’s Platz Am Meer...
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READY, STEADY, GO! … – The Namibian
42 John Meinert Street,Windhoek,Namibia, +264 61 279 600 The Namibian© All rights reserved. Source link
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Meat prices expected to experience a steady decline through 2024 and a modest increase in 2025
The Meat Board of Namibia recently reported that the FAO meat price index, which is comprised of the weighted average of poultry, pork, bovine, and ovine (likely including goat), averaged 114.2 points in September, down 1.2 points (1%) from August and 6.1 points (5%) from its value a year ago. This is according to information...
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Ready, Steady, Ndawana! – The Namibian
Immanuel Ndume, also known as Ndawana, a traditional and Afro-pop musician from the north, has been active in the music industry since 2015. Despite this, he says he is not widely known as an artist locally. Ndawana moved into the spotlight in 2015, when his hit song ‘Ondjila Oile’, which means “long journey”, won in...