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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Business / Economics

1309 Results / Page 104 of 146

Background
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Business / Economics

Capricorn Group releases interim financial results for the six months ended 31 December 2023

Capricorn Group, a proud Namibian financial services group listed on the Namibian Stock Exchange with diversified operations and business interests in Namibia and Botswana, released its interim financial results for the six months ended 31 December 2023 today. Capricorn Group achieved solid results with profit after tax for the six months ended 31 December 2023, increasing by 18.5% to N$827.6 million, compared to a profit after tax of N$698.2m that […]

todayFebruary 29, 2024 39

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Business / Economics

Minister Shiimi Unveils N$100 Billion Budget with Focus on Development and Growth

Finance and Public Enterprises Minister Iipumbu Shiimi presented a N$100 billion budget to the National Assembly for the fiscal year 2024/25, with over 20% earmarked for economic and infrastructural development. Emphasizing the theme ‘Continuing the Legacy of President Hage Geingob by Caring for the Namibian Child,’ Shiimi highlighted specific provisions for infrastructure development to address gaps and boost Namibia’s economic growth objectives. The budget allocates N$20.9 billion for FY2024/25 and […]

todayFebruary 29, 2024 15

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Business / Economics

29 February Morning Biz News: Latest Financial Highlights: Government Revenue Projections, Harmony Gold’s Record Dividend, Binance Executives Detained, and Oil Price Decline

  In the ever-evolving landscape of global finances, several key developments have recently taken place, shaping the economic outlook for the near future. This article delves into the latest financial indicators, exploring government revenue projections, Harmony Gold's historic dividend announcement, the crackdown on cryptocurrency exchanges in Nigeria, and the recent decline in oil prices. Government's Fiscal Initiatives: The Namibian government has unveiled its fiscal year 2024/25 revenue projections, with a […]

todayFebruary 29, 2024 3

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Business / Economics

Finance Minister, Ipumbu Shiimi tables 2024/25 national budget

Finance Minister Ipumbu Shiimi has tabled the National Budget for the 2024/25 period in the National Assembly this afternoon. Shiimi said that this year’s budget was built on the three pillars of stimulating domestic demand, accelerating investments in productive public infrastructure, and cultivating fiscal prudence. Revenue estimates for FY2023/24 have been revised upwards by N$2.5 billion to a total of N$81.1 billion.     Old Age Grant and the Disability […]

todayFebruary 28, 2024 69

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Business / Economics

Budget Statement for the 2024/25 Financial Year

Introduction Honourable Speaker, Honourable Members of Parliament, Fellow Namibians, I have the distinct honour this afternoon to table before the National Assembly the budget proposals for the FY2024/25 and the Medium Term Expenditure Framework for FY2024/25 – FY2026/27 under the theme “continuing the legacy of His Excellency Dr. Hage G. Geingob by caring for the Namibian child”. Before I delve into the details of the budget, I would like to […]

todayFebruary 28, 2024 149

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