The Namibian Stock Exchange (NSX) recently joined the stock exchanges of Botswana and Tanzania and announced their partnership with the United Nations Sustainable Stock Exchanges (SSE) initiative, which promotes the role stock exchanges can play in financing the transition to a green economy.

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The Bank of Namibia (BoN) recently granted Letshego Bank Namibia Limited its permanent banking license in the country. Letshego Bank Namibia is a subisdiary of Letshego Holdings Ltd (LHL), listed on the Botswana Stock Exhange with a market capitalisation of more than N$7 billion.

Last year Namibia dropped to the sixth biggest producer of uranium in the world, down from the spot as fifth biggest player the country held from 2011 to 2014, and a far cry from the fourth position it maintained from 2008 to 2010.

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Annual transport inflation in Namibia reached 3.0% in June. In May the rate stood at 1.5%, while in June 2015 it was -3.0%. In the sub-category which includes the fuel price, the annual rate for June was 2.0% compared to -0.2% the month before and -7.1% in June 2015.

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A total of 8 869 new vehicles were sold in Namibia in the first six months of 2016, a drop of 19.4% compared to the same half-year in 2015. The 12-month cumulative figure was 19 110, 3 324 or 14.8% less than the same figure for 2015, according to IJG Securities.

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Fitch’s downgrade of South Africa’s local debt to just one step above speculative grade could push the country’s sovereign rating into “junk” territory, the Treasury has said.

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Lagos - There has been no shortage of praise for Nigerian President Muhammadu Buhari’s anti-corruption war, which has led to the arrest of a string of high-ranking former government officials.

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Nigeria’s economy, the biggest in Africa, is likely to contract by 1.8% this year, the International Monetary Fund (IMF) has said, as the country grapples with the impact of low oil prices.

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Inflation surged to 16.5% in Nigeria in June - its highest level in more than decade - as prices of imported food and energy jumped after the government stopped propping up the currency, the National Bureau of Statistics (NBS) said.

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JOHANNESBURG - Late to the party, WeChat, China’s biggest Internet-based mobile messaging platform, is scrambling to get a piece of the action in the booming African market.

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Bank Windhoek Holdings

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There has been much talk about the Basic Income Grant (BIG) in Namibia and elsewhere, however an alternative option worth considering is a Basic Nutrition Grant (BNG).

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Established as a school for grade 10 repeaters, Ekwafo Senior Secondary School is now rated among the best schools in the Oshana Region.

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A community project based at Opuwo has shown that exporting raw materials is not the solution but finding ways to extract essential oils from tree seeds and resin within Namibia is the way to go.

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A woman who sells Oshiwambo traditional attire next to the Ondangwa main road says business is not for shy people.

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