Economy

Press Release No. 08/313

An International Monetary Fund (IMF) mission, headed by Ms. Wipada Soonthornsima, visited Windhoek to conduct the 2008 Article IV consultation discussions. Meetings were held with Prime Minister Nahas Angula, Minister of Finance Saara Kuugongelwa-Amadhila, Bank of Namibia Governor Thomas Alweendo, senior government officials, members of parliament, the private sector, labor unions, and the academic and donor communities.

The mission issued ...

By Finance Minister Trevor Manuel

While food prices have been stable or have fallen in relation to our incomes for much of the past thirty years, the past two years have indicated clearly that the era of cheap food is over. Rising food prices place a severe burden on the poor and government must intervene to support the needy in facing higher food prices.

However, higher food prices also provide an opportunity to profit from producing more food for our people.
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By Patience Rusere

Interview With Luxon Zembe - Download (MP3)
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Pretoria – Finance Minister Trevor Manuel has been appointed as the chairman of the committee of eminent persons which will assess the decision making framework of the International Monetary Fund (IMF).

Managing Director Dominique Strauss-Kahn of IMF on Thursday announced the appointment of the committee which will also investigate and advise on any modifications that might enable the institution to fulfil its global mandate more effectively.

The committee, ...

Johannesburg - A new R2.3-billion central terminal building at the OR Tambo International airport outside Johannesburg opened this week.

Passengers can now be processed through the new international arrivals facilities, which includes a more user-friendly customs control process, reports SouthAfrica.info.

Once arriving passengers have been processed through customs, they will be received into a new international arrivals public concourse, which is two ...