Sake

Treasury confident Namibia will honour Eurobond

Deadline looms

Government accessed its second Eurobond in 2015, totalling US$750 million.

Ogone Tlhage

2 Dae Gelede - 2024-07-03 00:00:00

Finance minister Ipumbu Shiimi says Namibia will honour its US$750 million (N$14 billion) Eurobond obligation, which matures in 2025.Shiimi made the remarks during an appearance on

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Rugby World Cup U20: Australia U20 12 vs 17 Italy U20 | South Africa U20 12 vs 31 Argentina U20 | England U20 48 vs 11 Fiji U20 | France U20 26 vs 27 New Zealand U20 | Wales U20 31 vs 10 Spain U20 | Ireland U20 22 vs 16 Georgia U20 Katima Mulilo: 9° | 30° Rundu: 9° | 29° Eenhana: 11° | 31° Oshakati: 12° | 30° Ruacana: 13° | 30° Tsumeb: 13° | 27° Otjiwarongo: 10° | 27° Omaruru: 12° | 28° Windhoek: 7° | 23° Gobabis: 8° | 26° Henties Bay: 13° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 09:04, High tide: 02:57, Low Tide: 21:22, High tide: 15:30 Swakopmund: 14° | 17° Wind speed: 17km/h, Wind direction: SW, Low tide: 09:02, High tide: 02:55, Low Tide: 21:20, High tide: 15:28 Walvis Bay: 12° | 21° Wind speed: 17km/h, Wind direction: SW, Low tide: 09:02, High tide: 02:54, Low Tide: 21:20, High tide: 15:27 Rehoboth: 6° | 26° Mariental: 8° | 26° Keetmanshoop: 7° | 24° Aranos: 7° | 26° Lüderitz: 13° | 27° Ariamsvlei: 6° | 22° Oranjemund: 12° | 28° Luanda: 20° | 22° Gaborone: 6° | 22° Lubumbashi: 12° | 29° Mbabane: 6° | 20° Maseru: - 2° | 12° Antananarivo: 9° | 24° Lilongwe: 15° | 29° Maputo: 14° | 24° Windhoek: 7° | 23° Cape Town: 10° | 19° Durban: 10° | 21° Johannesburg: 4° | 16° Dar es Salaam: 23° | 29° Lusaka: 14° | 28° Harare: 12° | 25° Currency: GBP to NAD 23.25 | EUR to NAD 19.73 | CNY to NAD 2.51 | USD to NAD 18.25 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.31 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 133.94 | USD to AOA 863 | USD to BWP 13.64 | USD to EGP 47.94 | USD to KES 127.98 | USD to NGN 1510.85 | USD to ZAR 18.24 | USD to ZMW 24.33 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1804.15 Down -0.04% | Casablanca Stock Exchange (CSE) MASI 13295.62 Up +0.66% | Egyptian Exchange (EGX) 30 Index 28364.79 Up +0.72% | Botswana Stock Exchange (BSE) DCI 9379.94 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 359.98/OZ UP +0.05% | Copper US$ 4.58/lb UP +0.97% | Zinc US$ 3 015.10/T UP 0.34% | Brent Crude Oil US$ 87.84/BBP UP +0.15% | Platinum US$ 1 000.72/OZ UP +0.18% Sport results: Rugby World Cup U20: Australia U20 12 vs 17 Italy U20 | South Africa U20 12 vs 31 Argentina U20 | England U20 48 vs 11 Fiji U20 | France U20 26 vs 27 New Zealand U20 | Wales U20 31 vs 10 Spain U20 | Ireland U20 22 vs 16 Georgia U20 Weather: Katima Mulilo: 9° | 30° Rundu: 9° | 29° Eenhana: 11° | 31° Oshakati: 12° | 30° Ruacana: 13° | 30° Tsumeb: 13° | 27° Otjiwarongo: 10° | 27° Omaruru: 12° | 28° Windhoek: 7° | 23° Gobabis: 8° | 26° Henties Bay: 13° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 09:04, High tide: 02:57, Low Tide: 21:22, High tide: 15:30 Swakopmund: 14° | 17° Wind speed: 17km/h, Wind direction: SW, Low tide: 09:02, High tide: 02:55, Low Tide: 21:20, High tide: 15:28 Walvis Bay: 12° | 21° Wind speed: 17km/h, Wind direction: SW, Low tide: 09:02, High tide: 02:54, Low Tide: 21:20, High tide: 15:27 Rehoboth: 6° | 26° Mariental: 8° | 26° Keetmanshoop: 7° | 24° Aranos: 7° | 26° Lüderitz: 13° | 27° Ariamsvlei: 6° | 22° Oranjemund: 12° | 28° Luanda: 20° | 22° Gaborone: 6° | 22° Lubumbashi: 12° | 29° Mbabane: 6° | 20° Maseru: - 2° | 12° Antananarivo: 9° | 24° Lilongwe: 15° | 29° Maputo: 14° | 24° Windhoek: 7° | 23° Cape Town: 10° | 19° Durban: 10° | 21° Johannesburg: 4° | 16° Dar es Salaam: 23° | 29° Lusaka: 14° | 28° Harare: 12° | 25° Economic Indicators: Currency: GBP to NAD 23.25 | EUR to NAD 19.73 | CNY to NAD 2.51 | USD to NAD 18.25 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.31 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 133.94 | USD to AOA 863 | USD to BWP 13.64 | USD to EGP 47.94 | USD to KES 127.98 | USD to NGN 1510.85 | USD to ZAR 18.24 | USD to ZMW 24.33 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1804.15 Down -0.04% | Casablanca Stock Exchange (CSE) MASI 13295.62 Up +0.66% | Egyptian Exchange (EGX) 30 Index 28364.79 Up +0.72% | Botswana Stock Exchange (BSE) DCI 9379.94 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 359.98/OZ UP +0.05% | Copper US$ 4.58/lb UP +0.97% | Zinc US$ 3 015.10/T UP 0.34% | Brent Crude Oil US$ 87.84/BBP UP +0.15% | Platinum US$ 1 000.72/OZ UP +0.18%