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

Business / Economics

1306 Results / Page 109 of 146

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Business / Economics

What does an unchanged Repo rate mean to a GIPF member?

    By Amos Kambonde, Manager: Marketing services at the Government Institutions Pension Fund.   Recently, consumers received positive news with the announcement of an unchanged repo rate alongside an unchanged in fuel prices across Namibia. While these developments may seem distant from the average person's daily concerns, they hold significant implications, particularly for members of the Government Institutions Pension Fund (GIPF). Let's delve into what these announcements mean for […]

todayFebruary 20, 2024 20

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Africa

China’s demand for Africa’s donkeys is rising. Why it’s time to control the trade

Women walk with their donkeys in Ethiopia’s Amhara region. Buena Vista Images/GettyImages Lauren Johnston, South African Institute of International Affairs In recent years, there’s been a huge, rising demand for donkey hides in China, where they are used to make an ancient health-related product called ejiao. Ejiao is made from collagen that’s been extracted from donkey hides mixed with herbs and other ingredients to create medicinal and health consumer products. […]

todayFebruary 20, 2024 22

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Business / Economics

Jobs in South Africa: the labour market is recovering from COVID – but unskilled and less educated people are still being left behind

    By Derek Yu, University of the Western Cape   For more than three decades the South African economy has had very high rates of joblessness. The country’s economy has been unable to create enough jobs for its growing army of workers. This has partly been because of the stagnant economic growth rate of only 1.7% during the 2010s (it was even lower at 0.9% in 2015-2019). Another factor […]

todayFebruary 20, 2024 15

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Business / Economics

20 February 2024 Morning Biz News: “Namibia Seeks Higher Diamond Stake in De Beers Negotiations, Rand Faces Decline Amidst Economic Anticipation, and Naira Hits Record Lows: A Snapshot of Current Financial Dynamics”

Namibia is actively engaging in negotiations with De Beers to secure a higher percentage of diamonds extracted within its borders. Currently, Namibia retains 15% of diamonds mined by Debmarine and Namdeb for value addition under the existing agreement. With this arrangement set to conclude in 2026, Mines Minister Tom Alweendo has revealed ongoing discussions to potentially increase the country's share of diamonds. The South African rand faced a decline against […]

todayFebruary 20, 2024 23

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Business / Economics

Japan and the United Kingdom enter recession

Two of the world's leading economies - Japan and the United Kingdom - recently entered into recession, highlighting the financial struggles that countries have been facing after the COVID-19 pandemic. We asked Salomei Hei the Managing Director at High Economic Intelligence for his take on global economic development.

todayFebruary 19, 2024 20

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Business / Economics

Namibia readies 4-day work week trial

Namibia is set to launch a pilot program for a 4-day work week, starting in April 2024, for a six-month trial period. The Brief reports that Jonas IIeka from Pulse HR Network Namibia, who is spearheading the Namibia trial, onboarding has started for companies interested in participating in the pilot. Globally, conversations around the four-day workweek were first reignited by the COVID-19 pandemic, with workers and employers rethinking the importance of […]

todayFebruary 19, 2024 109

Africa

Tech-savvy Africans are hedging against inflation by going digital

    By Conrad Onyango, bird story agency   The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […]

todayFebruary 19, 2024 20

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Business / Economics

Morning Biz News 19 February 2024 :Economic Highlights: Developments and Challenges Across Africa

  In the ever-evolving landscape of African economies, recent developments and challenges have shaped the financial outlook for various nations. This article explores key updates from Puma Energy Namibia, South Africa's currency resilience, the African Development Bank's economic report, and the impact of U.S. economic indicators. Puma Energy Namibia's Pause on EV Charging Stations: Puma Energy Namibia recently announced the temporary suspension of its initiative to install electric vehicle (EV) […]

todayFebruary 19, 2024 4

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