NAMIBIA QUARTERLY BULLETIN DECEMBER 2020

PRESS RELEASE:  18 December 2020, Windhoek DOMESTIC ECONOMIC ACTIVITY REMAINED WEAK DURING THE THIRD QUARTER OF 2020 International economic and financial developments: The GDP data showed a notable rebound for major economies in the third quarter of 2020 compared to the previous quarter. Following the lockdown-induced growth collapse in the second quarter, the levels of […]

DEVELOPMENT BANK SHOWCASES SKILLS-BASED FINANCE FOR YOUNG ARTISAN

MEKEMO TRADING FILLS AUTOMOTIVE ENGINEERING ENTERPRISE GAP Development Bank of Namibia (DBN) has unveiled Mekemo Trading, a mechanical and automotive services provider, as a recipient of skills-based finance for young artisans.  The Bank’s skills-based facility for young artisans and professionals is designed to enable aspirant entrepreneurs with professional or artisan qualifications, but with limited or […]

APPRENTICESHIP PROMOTION

INTRODUCTION: Since 2013, the NTA has collected training levy funds from industry and now they are able to give a significant amount back in the form of salary support (N$ 30,000.00 per trainee per level per year) and training fee support (N$ 23,600.00 per trainee per level per year) to employers who hire young apprentices […]

TRANSNAMIB ASSISTS TO CREATE DECENTRALISED LOGISTICS CENTRES

MEDIA RELEASE Ref. No.:  WBCG/MMC/11-07-2019 Thursday, 11 July 2019 TRANSNAMIB ASSISTS TO CREATE DECENTRALISED LOGISTICS CENTRES “We are in the business of moving cargo via rail from station to station,” explained TransNamib CEO, Mr. Johny Smith at the Walvis Bay Corridor Group’s stakeholder engagement session held in Grootfontein on Wednesday, 10 July 2019. Mr. Smith […]