NAMIBIA’S INTERNATIONAL RESERVES RISE TO N$51.8 BILLION
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Namibia's international reserves rose to N$51.8 billion in March, according to a financial review by First National Bank (FNB).
Namibia's international reserves rose to N$51.8 billion in March, according to a financial review by First National Bank (FNB).
Namibia will promote its interests in energy transition and innovation-led growth at the Africa Forward Summit in Nairobi, Kenya, from 11–12 May 2026.
Vice President Lucia Witbooi will represent Namibia, engaging in discussions on innovation, food security, and renewable energy.
Following transport operators’ concerns, the government has approved a 15 percent increase in taxi and bus fares, effective 18 May.
A one-way taxi fare will be N$15, and N$30 to any place without a taxi rank.
Windhoek taxi drivers expressed frustration over the fuel price hike.
Motorists will face higher fuel prices starting at midnight on 8 May 2026.