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MTC under attack over data costs - Namibian

In the latest statement, MTC chief human capital and corporate affairs officer Tim Ekandjo said the increase was necessitated by the rising cost of doing business, “particularly the depreciating Namibia dollar over the years, and inflation rate ... Leggi

Shafudah fights back - Namibian

FINANCE permanent secretary Ericah Shafudah has denied that she is to blame for causing the costs of the national fuel depot's construction to rise from N$3,8 billion to N$5,5 billion within a year. Cabinet secretary George Simataa last week gave ...altro » Leggi

Namibia is a winning tourist attraction, but could tap deeper into visitors' wallets - How we made it in Africa

The country is a trouble-free holiday destination for South Africans as visas are granted on entry and the rand is accepted as legal tender (it is also pegged one-to-one with the Namibian dollar). Namibia is known for its vast, untouched, open spaces ... Leggi

REFILE-Namibia's foreign reserves dragged to 7-month low by South Africa's woes - Reuters Africa

Data from the Bank Of Namibia on Saturday showed reserves at N$22.6 billion ($1.68 billion) compared to N$22.7 billion in February. The Namibian dollar is pegged 1 to 1 against the rand . South Africa's currency shed about 12 percent to three month ...altro » Leggi

Namibia to increase bulk electricity tariffs by 8 percent - Xinhua

The electricity regulator CEO, Foibe Namene said the increase translates to an effective bulk tariff increase from 1.49 Namibian dollars (0.11 U.S. dollar) to 1.61 Namibian dollars per kWh. According to Namene, the increase would suffice for power ...altro » Leggi

Namibian Dollar to weaken against USD - News Ghana

The Chief Investment Officer of Equity and Asset Allocation at Capricorn Asset Management (CAM), Floris Bergh told Xinhua on Thursday that he foresees the Namibian Dollar to weaken against the U.S. Dollar after South African president Jacob Zuma ... Leggi

Editorial ... It's a Big No, Mr President - Namibian

In Namibia we would call it land grabbing – something which our dear President is opposed to and actively fights against from every platform he ascends to address the nation. Does it now mean that there is a change of heart on the approach to land?altro » Leggi

B2Gold Corp. Reports Strong First Quarter 2017 Results Exceeding its Budget Guidance; Fekola Project Mine ... - GlobeNewswire (press release)

Consolidated cash operating costs in the quarter were $65 per ounce higher compared with the first quarter of 2016, as the prior-year quarter had benefited from lower fuel prices and a significantly weaker Namibian dollar/US dollar foreign exchange rate.altro » Leggi

Namibia gets N$10b loan - Namibian

NAMIBIA has received a N$10 billion loan from the African Development Bank (AfDB) to bridge its budget deficit. The loan was sourced against the backdrop of a declining state fiscal environment and slowing economic growth, which threaten to put the ...altro » Leggi

SA politics will continue to fuel Nam dollar volatility – analysts - Namibian

Going forward, it may rather actually see a sideways movement (and of course, taking the Namibia dollar with it) and hover between 13 and 14,50 to the US dollar, said Simonis Storm Securities (SSS) director of research and securities Purvance Heuer ... Leggi