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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 121 of 184

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Business / Economics

Airlines’ Profit Projections Improve for 2024

The International Air Transport Association has upgraded its profitability forecasts for airlines in 2024, surpassing its June and December 2023 projections. Despite this positive outlook, the global airline industry still struggles to achieve returns above the cost of capital. Net profits are expected to rise to $30.5 billion in 2024. IATA's Public and Media Relations Advisor, Linden Birns.  

today4 June, 2024

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Business / Economics

Private Sector Credit Growth Remains Modest in April

In April, private sector credit extension grew by 1.6% year-on-year, showing a slight improvement from the 1.3% growth recorded in March. However, this figure represents a significant decline from the 2.5% year-on-year growth seen in April 2023. The PSCE growth rate remains below the six-month moving average and is the second-lowest rate recorded in 2024. Simonis Storm Economist- Halleluya Ndimulunde.  

today4 June, 2024

Africa

Africa’s green bond market is booming – report

      By Bonface Orucho, bird story agency     Green bonds are experiencing robust growth in Africa as governments, corporations, and financial institutions recognize their potential to fund sustainable projects. A new report shows green bond issuances in Africa jumped 125% last year, hitting US$1.4 billion from US$600 million in 2022. The report, ‘Emerging Market Green Bonds’ by the International Finance Corporation and Amundi, a European asset manager […]

today3 June, 2024

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Business / Economics

3 June 2024 Morning Biz News: Market Insights: Choppies Leads Grocery Affordability, South Africa’s Political Landscape Sparks Market Jitters, Saudi Aramco’s Secondary Share Offering, and Dollar Softens Amid Stable U.S. Inflation

1. Grocery Supermarket Comparison: Choppies Leads Affordability Among the seven prominent grocery supermarkets in Windhoek, Choppies has consistently emerged as the most affordable option for standard groceries. According to recent data from The Brief, Choppies reaffirmed its position in May by offering the most cost-effective basket of standard groceries. The overall basket price decreased by 2.6% compared to the previous month, primarily attributed to a drop in vegetable prices per […]

today3 June, 2024

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Business / Economics

First National Bank of Namibia has launched a portable card payment solution

    First National Bank of Namibia has launched a portable card payment solution for businesses known as Speedee. According to FNB, Speedee is a cost-effective, convenient, and compact point-of-sale device that allows merchants to accept payments anywhere and anytime, making managing their businesses more efficient. Benefits of Speedee include dual SIM and wireless connectivity, technical support - offered telephonically across the country, an E-receipting system, daily activity reports, and […]

today31 May, 2024

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Business / Economics

Agribank introduces credit life insurance product

      The Agricultural Bank of Namibia (Agribank) is pleased to announce the introduction of a Credit Life Insurance product, effective 1 June 2024. The Credit Life Insurance serves as a financial security and protection against unforeseen events, tailored exclusively for Agribank clients. The Agribank credit life insurance offers benefits beyond covering death and protecting a client’s estate. If a client becomes permanently or temporarily disabled, is diagnosed with […]

today30 May, 2024

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Business / Economics

Safeguarding your wealth: Estate planning essentials

        By Katja Meier, Wealth Manager, Old Mutual Wealth, Old Mutual Namibia   In a world where the only constant is change, safeguarding your wealth becomes not just a financial necessity but a moral obligation towards your loved ones. Estate planning, which is often overlooked or postponed indefinitely, is a pivotal step for securing your financial legacy, protecting your loved ones, and ensuring that your hard-earned assets […]

today30 May, 2024

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Business / Economics

Africa’s Tourism Stakeholders Aim to Boost Youth Opportunities and Trade Access

  Africa’s tourism stakeholders seek to improve access to trade and opportunities in the sector for youth across the continent in order to empower them by leveraging the sector’s immense potential and innovative platforms. The Ministry of Sport, Youth and National Service (MSYNS), Deputy Minister , said that investing in young people is both a moral imperative and an economic necessity.   Deputy Minister Emma Kantema:

today30 May, 2024

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Business / Economics

Minister Lucia Iipumbu attends World Intellectual Property Organization diplomatic conference in Geneva

    The Minister of  Industrialisation and Trade attended the World Intellectual Property Organization diplomatic conference in Geneva. Some 1,200 delegates – including government Ministers - observers and other stakeholders from across the globe joined the “Diplomatic Conference,” which capped decades-long negotiations among WIPO member states on the subject. WIPO currently administers 26 treaties, including the foundational documents of the global intellectual property system dating back to the late 19th century. […]

today30 May, 2024