News Namibia Credit: Namibia raises key rate, forecasts worse inflation outlook on higher oil prices
By Nyasha Nyaungwa WINDHOEK, June 17 (Reuters) - Namibia's central bank raised its main interest rate for the first time in three years on Wednesday and revised its inflation forecasts upwards because of higher oil prices. • The Bank of Namibia raised its repo rate by 25 basis points to 6.75%. • "The Monetary Policy Committee noted rising global and domestic inflationary pressures over the near
News Namibia Credit: YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play
Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has closed a $3.2 million financing round. As a last-mile distribution e-commerce company, JABU joins a list of ...
News Namibia Credit: Eco Atlantic to Acquire Azinam's Offshore Blocks in Namibia, South Africa
Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's entire offshore asset ...
News Namibia Credit: Namibia: Govt Assures No Default On IMF Loan
Government through the finance ministry assured the nation that the chances of defaulting on the N$3.9 billion budget deficit loan Namibia received last year from the International Monetary Fund are ...
