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Reduction in public debt stock recorded

The government’s public debt stock has decreased to 60.1 per cent of the Gross Domestic Product (GDP) during the 2024/25 financial year from 62.5 per cent recorded at the end of the preceding financial year.

The reduction was announced by Minister of…

Shiimi dedicates 2024/25 budget to former President Geingob

WINDHOEK: Finance and Public Enterprises Minister Iipumbu Shiimi said the national budget for the 2024/25 financial year is dedicated to the late President Hage Geingob to honour his legacy.

Shiimi tabled a historic N.dollars 100.1 billion budget in …

Economist applauds government on tax reform

WINDHOEK: First National Bank (FNB) economist, Helena Mboti, has applauded the government on the newly announced tax relief, saying it supports the late President Hage Geingob’s legacy of being the people’s president.

She said this in an interview wi…

Strategic plan for Otjiwarongo Municipality officially launched

OTJIWARONGO: The Otjiwarongo Municipality on Thursday launched its five-year strategic plan at the town.

Minister of Urban and Rural Development, Erastus Uutoni, launched the document in the presence of several regional and local authority councillor…

NIPDB lauds Shiimi’s impactful budgetary changes

WINDHOEK: The Namibia Investment Promotion and Development Board (NIPDB) has applauded the Minister of Finance and Public Enterprises, Iipumbu Shiimi, for the impactful changes in the 2024/25 National Budget, particularly targeted interventions and in…

KZN economy back on its feet, Premier

KwaZulu-Natal Premier, Nomusa Dube-Ncube, says despite various challenges, including floods that hit the province, the provincial economy is back on its feet.

The province is gradually addressing the damage which is estimated in the region of R33 bi…

690 000 houses built in KZN since democracy

KwaZulu-Natal has made strides in the delivery of housing units, with a total of 690 000 housing units having been built since the dawn of democracy in 1994.

This is among the province’s achievements highlighted by Premier Nomusa Dube-Ncube, deliveri…