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Mining is the biggest contributor to Namibia 's economy in terms of revenue. It accounts for 25% of the country's income. [1] Its contribution to the gross domestic product (10.4% in 2009, 8.5% in 2010, 9.5% in 2011, 12.3% in 2012, 13.2% in 2013, 11.6% in 2014) is also very important and makes it one of the largest economic sectors of the ...
7 September 2005. Lazarus Shinyemba Ipangelwa was a prominent Namibian businessman and former Chief Executive Officer of First National Bank (Namibia), born on 20 June 1955 in Omagongati, Oshana Region. Ipangelwa became the first local black person to head a commercial bank in Namibia when he was appointed in March 2003.
John Steytler. Dr. John Steytler is a Namibian economist. He is the CEO of the Development Bank of Namibia since September 2023. He is a seasoned economist by profession. He holds a PhD in economics from the University of KwaZulu-Natal. [1]
Letshego Holdings Limited is a proudly pan-African inclusive finance organisation with a presence in 11 countries and a legacy that spans more than 25 years, having first opened its doors in 1998 in Gaborone, Botswana. As at December 2022, the Group’s market capitalisation was in excess of USD 1 Billion, thereby making it the largest ...
The geology of Namibia encompasses rocks of Paleoproterozoic, Mesoproterozoic and Neoproterozoic and Paleozoic to Cenozoic age. About 46% of the countryʼs surface are bedrock exposure, while the remainder is covered by the young overburden sediments of the Kalahari and Namib deserts .
Politics of Namibia. The Namibian Ministry of Finance ( MOF) was established at Namibian independence in 1990. The first Namibian minister of finance was German Namibian Otto Herrigel. [1] The current finance minister is Iipumbu Shiimi, a former governor of the Bank of Namibia. [2]
The bank was established under the Bank of Tanzania Act 1965. However, in 1995, the government decided that the central bank had too many responsibilities, thus hindering its other objectives. As a result, the government introduced the Bank of Tanzania Act 1995, which gave the bank the single objective of monetary policy.
The B1 is a national highway of Namibia, and is the country's longest and most significant road, running the length of the country from south to north. It connects Noordoewer in the south on the South African border with Oshikango in the north on the Angolan border via Namibia's capital city Windhoek . The route exists in two discontinuous ...