Tag: Namibia

AFCON 2023: Kenya Miss Deadline To Take Part In Campaign
AFCON, Corruption, Kenya, News, Sports

AFCON 2023: Kenya Miss Deadline To Take Part In Campaign

Kenya will not take part in the 2023 Africa Cup of Nations, whose qualifying campaign is expected to start in early June. This is due to an ongoing ban from Fifa because of governmental interference in the running of the game. The East African nation expected that their ban would be lifted two weeks before their first Nations Cup qualifier if they were to take part in the 2023 campaign. However, as of the Saturday, May 21 deadline, the ban was still active. Read Also: 2023 AFCON Qualifiers: Eagles Are Favourites To Qualify In Group A –Kalou The Harambee Stars had been due to play in Cameroon on 4 June before then hosting Namibia four days later. It means that Group C will now compromise Cameroon, Namibia and Burundi - with the top two qualifying for next year's tourn...
Rihanna To Launch Fenty Beauty Products In Africa
Fashion, Ghana, Kenya, Namibia, News, Nigeria, South Africa, Zimbabwe

Rihanna To Launch Fenty Beauty Products In Africa

Rihanna has announced that her Fenty Beauty and Fenty Skin products will become available in eight African countries from the end of this month. In a social media post, the pop star said she had "been waiting for this moment" and that this was "just the beginning". The beauty products will be available in Botswana, Ghana, Kenya, Namibia, Nigeria, South Africa, Zambia and Zimbabwe. Read Also: Dancer Korra Obidi Clear Air On Husband’s Divorce Announcement Rihanna, whose full name is Robyn Rihanna Fenty, launched Fenty Beauty in 2017 in a partnership with luxury goods company LVMH (Moët Hennessy Louis Vuitton). She is worth $1.7bn (£1.2bn), with an estimated $1.4bn coming from the value of Fenty Beauty. The company reportedly made $100m (£72m) in its first 40 days. I...
Namibian Economy Expected to Experience Historic Dip – Central Bank
Economy, Namibia, News

Namibian Economy Expected to Experience Historic Dip – Central Bank

The Bank of Namibia director of strategic communication, Emma Haiyambo has said that the Namibian economy is set to record the worse dip in recent history due to the ravaging effect of the COVID-19 pandemic. Haiyambo who disclosed this while releasing the latest economic projection for December on Monday said the domestic economy is expected to contract by 7.3 percent in 2020 and to recover by 2.6 percent and 3.2 percent in 2021 and 2022, respectively. She said, “The steep contraction in 2020 is driven by sharp declines in hotels and restaurants; mining; transport and storage; manufacturing; wholesale and retail trade and construction”. According to Haiyambo, the improved growth projected in 2021 is expected in the primary, secondary, and tertiary industries particularly uranium m...
Namibia’s Central Bank Governor, Gawaxab, Asks Country to Prepare for Impending Digital Revolution
African Development, Economy, Finance, Namibia

Namibia’s Central Bank Governor, Gawaxab, Asks Country to Prepare for Impending Digital Revolution

Bank of Namibia (BoN) governor, Johannes Gawaxab has asked the country to get ready to deal with an impending digital revolution and utilize the technological innovation for greater good. Gawaxab made the statement on Thursday at the bank’s 30th anniversary celebration event, reflecting on its progress over the past years while anticipating continuous growth in the next 30 years and beyond. Gawaxab said BoN has been influential in ensuring long-term macroeconomic stability in the country over the past 30 years and has been able to deliver on its core mandate of implementing monetary policy, safeguarding stability, and promoting economic development in Namibia. According to Gawaxab, “On the monetary policy function, the role of the bank has been to set an interest rate path that en...