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Government to lift moratorium on wholesale petroleum licences

WINDHOEK: The Ministry of Mines and Energy has announced that the moratorium on issuing wholesale petroleum licences will be lifted on Friday.

The moratorium was put in place on 15 August 2022 to allow the ministry to improve its licensing system and…

Four schools constructed in Kavango East after COVID-19: Wakudumo

Governor of the Kavango East Region, Bonny Wakudumo, said as part of the recovery from the effects of COVID-19 pandemic, the region has constructed four schools.

Wakudumo said this during the State of the Region Address held here on Wednesday, indica…

BoN announces reduction in repo rate

WINDHOEK: The Bank of Namibia (BoN) announced a 25 basis point reduction in the repo rate, from 7.75 per cent to 7.50 per cent, on Wednesday.

Making the announcement here Wednesday, BoN Governor Johannes !Gawaxab said the monetary policy stance will …

Oshakati Mayoral Development Fund boosted

OSHAKATI: Standard Bank Namibia has handed over N.dollars 50 000 to the Oshakati Mayoral Development Fund.

The fund was established in 2022 to assist families, individuals and organisations within the jurisdiction of Oshakati as part of the council’s…

Namcor terminates Mulunga’s contract

WINDHOEK: The National Petroleum Corporation of Namibia (Namcor) has announced the termination of Managing Director Immanuel Mulunga’s contract of employment, effective immediately.

This decision was taken during a board meeting on Thursday during wh…