Business

Mozambique central bank holds interest rates steady

Maputo. — The Monetary Policy Committee (CPMO) of the Bank of Mozambique, meeting in Maputo on Thursday, decided to leave all the bank’s interest rates unchanged. Thus the Interbank Money Market Rate (MIMO), used by the central bank for its interventions on the interbank money market to regulate liquidity, remains at 14,25 percent. ...Read More

Female MPs failing the gender fight

Windhoek – Namibian female parliamentarians representing the ruling party, Swapo, in the National Assembly (NA) have not raised a single motion related to gender equality and women political participation in Parliament in the past five years, from 2015 to 2018. ...Read More

SACU, Norway in beef talks

Gaborone – Norway’s Deputy Foreign Minister, Marianne Hagen, has said her country is currently negotiating a beef trade deal with the Southern African Customs Union (SACU). ...Read More

Namibia slips 40 places in ease-of-doing-business ranking

Windhoek – The difficulty of starting a business in Namibia has dramatically dropped the country’s global ranking in the last five years, falling from 132nd (out of 189 countries) to 172nd position (out of 190 countries), according to the World Economic Forum’s Global Competitiveness Report (GCR). ...Read More

Namport appoints Harry as interim CEO

Walvis Bay – Kavin Harry has been appointed as interim Chief Executive Officer (CEO) of the Namibian Ports Authority (Namport). ...Read More

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