FINANCIAL INDICATORS
“Namibia’s export performance in August 2024 totalled N$8.7 billion, marking the second consecutive month of decline since the peak reached in June 2024, despite showing a year-on-year growth of 18.2%.” In August 2024, Namibia recorded exports of goods and services amounting to N$8.7 billion, while imports reached N$12.3 billion, resulting in a trade deficit of […]
WARMBAD COMMUNITY RECEIVES LIFELINE
In a significant gesture of support, Debmarine Namibia has donated a vehicle to the Warmbad community, located 48 km south of Karasburg in the ||Kharas Region. Valued at N$237,000, the vehicle was presented to the Warmbad Settlement Office through the ||Kharas Regional Council to address the pressing need for reliable transportation in the area. Frieda […]
EMPOWERING COASTAL COMMUNITIES FOR SUSTAINABLE FUTURES
“When communities grasp their role in preserving marine resources, they become active stewards of the environment. This sense of ownership and responsibility is vital for the long-term success of conservation efforts.” “Empowering communities to safeguard our coastal ecosystems is crucial. When communities grasp their role in preserving marine resources, they become active stewards of the […]
SUMMIT OF THE FUTURE
calls for renewed international cooperation and private sector engagement In September, global leaders gathered at the United Nations’ Summit of the Future in New York, addressing pressing challenges facing the world. The event provided a platform for world leaders to demonstrate political will and reaffirm their commitment to tackling global issues through enhanced international cooperation. […]
ENERGISING YOUTH INNOVATION
TotalEnergies’ Startupper of the Year Challenge The right kind of energy can ignite a spark that propels ideas forward. Empowering the changemakers of tomorrow is what the fourth edition of the TotalEnergies Startupper of the Year Challenge is about. It serves as a reminder that when young minds are equipped with the tools they need […]
A MONUMENT TO LEGACYAND INNOVATION
CYMOT’s new flagship store unveiled I walk through aisle upon aisle. Overhead, a lofty modern ceiling stretches far above, giving the space an airy, almost cathedral-like feel. The store is massive. So much so that I wonder, half-jokingly, if I’ll ever find my way out. There’s a comforting sense of familiarity here, though. Like walking […]
EXCELLENCE IN HEART CARE
Meet our leading cardiologists and cardiothoracic surgeon At Lady Pohamba Private Hospital, we believe that heart health is paramount. Our dedicated team of cardiologists and cardiothoracic surgeon stand at the forefront of cardiovascular medicine, offering unparalleled expertise and compassionate care. MEET OUR EXPERT CARDIOLOGISTS Our cardiologists are leaders in the field, renowned for their skill […]
FINANCIAL INDICATORS
In August 2024, Namibia’s annual inflation rate decelerated to 4.4% y/y, down from 4.6% in July 2024 and 4.7% in August 2023, reaching its lowest level since November 2021. The key contributors to inflation were food and non-alcoholic beverages, housing and utilities, and transport. On a month-to-month basis, inflation rose by 0.3%, compared to 0.2% […]
DEBMARINE NAMIBIA DONATES TO COMMUNITY HOSTELS IN THE //KHARAS REGION
Community hostels in the //Kharas Region serve schools in economically challenged areas. The local economy, primarily reliant on small-scale livestock farming, has been hit hard by ongoing droughts, leaving many families struggling to provide for their children. Debmarine Namibia has donated 129 mattresses to two community hostels in the //Kharas Region, significantly enhancing the living […]
NAVIGATING NAMIBIA’S ECONOMIC CROSSROADS
As Namibia approaches the end of a decade marked by stagnant GDP growth, we invite you to reflect with us on the present economic climate, the factors that have brought us here, and where we might be headed. While we make no predictions, we aim to extrapolate some loosely held expectations about the future from […]