The Monetary Policy Committee (MPC) of the Bank of Namibia has decided to keep the repo rate unchanged at 6.5%.
The Governor of the Bank of Namibia, Johannes !Gawaxab, announced this during the final Monetary Policy Announcement of the year.
President Netumbo Nandi-Ndaitwah has commissioned three taskforces, namely on health, land and housing, and economic recovery.
She urged members to maintain unity of purpose and embrace fresh approaches to national challenges.
The Minister of International Relations and Trade (MIRT) has reiterated that businesses remain central to the country's economic emancipation and job creation; hence, her ministry is ready to support local businesses to reach their full potential.
Oshikango, once a thriving economic hub in the Ohangwena Region, is facing a slowdown in trade.
Zambia's President Hakainde Hichilema has called for the total lifting of economic sanctions imposed on Zimbabwe.
Speaking at the Bi-national Commission in Harare, Zimbabwe, on Friday, Hichilema argued that the sanctions on Zimbabwe are limiting the interregional trade.
The International Institute of Welding President Thomas Bollinghaus wants Namibia to get back to its higher-middle-income country classification.
Bollinghaus addressed a recent workshop organised by the Association for Welding and Allied Processes Namibia in Windhoek.
Swapo Party MP, Iipumbu Shiimi, gave a report from the Standing Committee on the stakeholders' interface and oversight workshop held in August, focusing on economy, industry, public administration and planning.
China's Ambassador to Namibia Zhao Weiping has outlined Beijing's latest political, economic, and diplomatic agenda, covering outcomes of the Communist Party's recent plenary session.
It also includes new commitments on women's development and China's evolving role in global governance.
Members of the Namibian Parliament have called for fiscal discipline, accountability and strengthening in various economic and social sectors.
They expressed their views during the recent debate on the recently tabled Mid-Year Budget Review.
President Netumbo Nandi-Ndaitwah has directed the Ministry of Home Affairs, Immigration, Safety and Security (MHAISS) to review the visa regime and simplify the application forms in a bid to attract investment to the country.
