insert_link Business / Economics Average Number of Suspected Digital Shopping Fraud Attempts During Start of Festive Shopping Season in Namibia Up 19.5% Compared to Rest of 2023 TransUnion (NYSE: TRU) released new findings today highlighting e-commerce fraud that occurred during the start of the 2023 holiday shopping season, from the Thursday before Black Friday to Cyber Monday. Based on proprietary insights from TransUnion’s global device risk consortium, the average number of suspected digital fraud attempts on any given day during that holiday period where the consumer was located in Namibia during the transaction, was 87.5% higher than the […] todayDecember 7, 2023 16
insert_link Business / Economics Wapa Nawa’s plastic brick innovation: a sustainable solution to Namibia’s housing crisis and environmental goals By Dilia Mazula In a groundbreaking development, Wapa Nawa, a recycling centre located in Rundu, has officially launched Namibia's first office constructed entirely from plastic bricks, an initiative aimed at simultaneously addressing housing needs and environmental sustainability challenges in the country. Ladislaus Shiketere, the CEO of the project, shared the centre's mission to provide an alternative to conventional building materials, saying, "bricks are becoming more expensive, the use of cement […] todayDecember 7, 2023 45
insert_link Business / Economics The Alexforbes Lead Story – 6 December Did you know that Pupkewitz are busy building a brand new Lifestyle branch? Listen to this interview with Group Finance Manager, Eugene Sheppard to find out all about it. https://iono.fm/e/1388038 todayDecember 7, 2023 17
insert_link Business / Economics Shazam hits 300 million monthly active users worldwide Apple today announced that Shazam has surpassed 300 million monthly active users worldwide, with more people than ever before using the app to discover the music they love.Throughout the years, the music industry has relied on a number of signals to answer the question of what the world is listening to. And for the past 20 years, Shazam has been one of the earliest and strongest signals — and it’s […] todayDecember 7, 2023 9
insert_link Africa COP28: Africa could lose $25 billion per year as new EU carbon tax comes into effect, warns African Development Bank’s Adesina African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added exports including steel, cement, iron, aluminium and fertilizers. Adesina said, “With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will be forced to export raw commodities again into Europe, which will further cause de-industrialisation of […] todayDecember 7, 2023 7
insert_link Business / Economics COP28 announces new partnerships and initiatives to advance sustainable urban development Over 40 ministers met today in Dubai in support of subnational climate action, joining the COP28 Presidency to announce a series of partnerships to accelerate the net-zero transition and climate resilience in cities. The announcements span sectors including buildings, waste and resource management systems, urban water resilience, and urban nature restoration. They build on the 1 December launch of the Coalition for High Ambition Multilevel Partnerships for Climate Action (CHAMP) […] todayDecember 7, 2023 9
insert_link Africa Shelter Afrique Secures Technical Assistance Grant from IsDBI to pioneer affordable Housing products in key thematic funds Shelter Afrique, the leading Pan-African Housing Finance Institution, announced a collaboration with the Islamic Development Bank Institute (IsDBI) at the sidelines of COP28. The partnership aims to develop Islamic Housing Finance Products to respond to the growing demand for affordable and climate adaptive housing solutions across the continent. Shelter Afrique has sought this collaboration with the IsDBI to create tailored products in harmony with principles of responsible investing. This partnership […] todayDecember 7, 2023 3
insert_link Business / Economics Bank of Namibia maintains repo rate at 7.75% The Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, resulting in the prime lending rate remaining stable at 11.50 percent. Here is Governor Johannes !Gawaxab addressing the decision. The next meeting of the MPC will be held on 12 and 13 February 2024. todayDecember 6, 2023 16
insert_link Business / Economics SMEs are key to fighting unemployment and enhancing economic growth By Josef Kefas Sheehama SMEs play a crucial role in Namibia’s economic growth and development, especially when it comes to the creation of jobs which remains a significant problem across the country. The significance of the SME sectors in Namibia cannot be ignored as they provide livelihoods and incomes for a large population of the country, most of whom are self-employed of which more than half are women. The SME sector […] todayDecember 6, 2023 10
