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Namibian cabbies to stage protest over low pay - Coastweek

Januarie said their demands were 4,000 Namibian dollars (about 300 U.S. dollars) in basic salary for taxi drivers, while complaining they currently “face slave-like treatment from employees and at times work without pay.” The union official added that ... Leggi

Black market firms in Zimbabwe as US dollars get scarcer - Namibian

HARARE – The black market is gaining popularity in Zimbabwe as cash shortages persist, with many people moving onto streets in search of the now elusive US dollar. Among the busiest spots is a trans-border bus terminus to the east of the central ...altro » Leggi

Namibians find new careers in Chinese road projects - Coastweek

The 140-km stretch from Otjinene to Okamatapati in the Omaheke region cost 575 million Namibian dollars (about 45 million U.S. dollars) and was upgraded by China Henan International Cooperation Group. Work on the road started on Jan. 13 in 2014 and ...altro » Leggi

Namibia inaugurates first ever refuse-derived fuel recycling plant - Coastweek

Apart from reducing the cost of fossil fuels, the 200 million Namibian dollar (15.7 million U.S. dollars) plant will also enhance Namibia's quest to contribute in the fight against global warming. Environment minister Pohamba Shifeta who officially ... Leggi

Bokomo to decrease prices - New Era

The company also noted that global wheat and maize prices have declined in US Dollar terms and the appreciation of the Namibian Dollar against all major currencies has resulted in a decrease in the landed Namibian Dollar price of raw materials. Leggi

Oil edges higher on weaker dollar - Namibian

LONDON – Oil prices ticked higher on Friday, recouping some of the previous session's losses, as a weaker dollar encouraged buying, but investors remained cautious after Russian production figures showed weak compliance with a global deal to cut output. Leggi

Credit growth lower for fifth straight month, rebound could be near - Namibia Economist

Credit demand growth could tick up a notch higher again in 2017 if the moderate recovery in commodity prices and Namibian dollar-strength since 2016 continues, which would boost economic growth and moderate inflation, respectively, according to the ...altro » Leggi

Namibia doesn't want “aid” to make up for Germany's genocide—it wants $30 billion - Quartz

An apology and aid just won't do it. Namibia's government plans to sue Germany over the atrocities that amounted to Germany's first, but largely forgotten genocide. The Namibian government plans to join an existing suit against Germany, and plan to ...altro » Leggi

Capricorn faced low liquidity, kwanza challenges - Namibian

“The six months under review have been challenging for the banking industry and the Namibian economy as a whole, with a slowdown in economic growth, sharp reduction in private sector credit extension (PSCE) and a decline in market liquidity.altro » Leggi

LETTER: Real squeeze is at ATMs - Business Day (registration)

Last week, I drew N$1,000 from a Standard Bank ATM in Windhoek, Namibia. The ATM was the same model as is used in SA, the screen even showed amounts in rand rather than Namibian dollars. I was charged R87.53 for this transaction, although there is ... Leggi