NAMIBIA’S automobile industry has remained afloat despite the global economic crisis that has compelled South African banks to stop giving loans to prospective car owners prompting sales to drop significantly.
No more repo rate cuts economy is warming up - BoN
Wednesday, 19 August 2009 21:37
THE Bank of Namibia (BoN) will not reduce the repo rate which is currently pegged at 7.0% as the economy is showing positive signs of recovery, Governor Tom Alweendo said yesterday.
THE Windhoek-based Southern Africa Customs Union (SACU) Secretariat this week dismissed speculation that the organization was on the verge of a breakaway following the initialling of the interim Economic Partnership Agreement (IEPA) the European Union (EU).
Players in tourism hail forthcoming tourism conference
Thursday, 13 August 2009 10:24
PLAYERS in the tourism and hospitality industry have described the forthcoming southern African heads of state and government meeting to sort out modalities on how the region can be marketed to the global world, as a step in the right direction.