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

Business / Economics

1232 Results / Page 123 of 137

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Business / Economics

Ripples of 2023: FBS’s insight on the 2024 global financial outlook

With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence of the US economy, global and local military conflicts, and the sprawl of AI. As FBS experts further stress, the cautious stance […]

todayDecember 19, 2023 5

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Business / Economics

BP pauses all Red Sea shipments after rebel attacks

BP has temporarily halted oil shipments through the Red Sea due to recent attacks by Houthi rebels. According to the BBC, the decision was brought on by the deteriorating security situation and follows similar actions by other freight companies targeted by the rebels in Yemen. The Red Sea is a critical route for global oil, fuel, and consumer goods shipments.

todayDecember 18, 2023 9

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Business / Economics

The Bank of Namibia considers banking sector resilience buffer

The Bank of Namibia is considering adding a counter-cyclical capital buffer to improve resilience in the banking sector. This buffer, a macroprudential policy tool, recognises the dynamics of financial markets and economic activity. Its purpose is to strengthen banks against potential losses during economic stress periods. BoN Governor Johannes !Gawaxab says the central bank will begin consultations with the industry regarding the buffer's implementation.

todayDecember 18, 2023 13

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Africa

Harvard professors to lead 7-week online course for Africa’s aspiring entrepreneurs

  Today marks the exciting launch of enrollment for AfricaLive!, a ground-breaking 7-week online course meticulously designed to empower aspiring entrepreneurs with the essential skills and insights for success in the rapidly evolving African business landscape. This highly anticipated program is the product of an extraordinary collaboration, bringing together the academic expertise of Harvard Business School Professors Caroline Elkins, Tarun Khanna, and Karim Lakhani with the leadership acumen of the […]

todayDecember 15, 2023 11

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Business / Economics

ATIDI signs partnership agreement to underwrite AMEA Power’s 20 MW Solar Project in Uganda

  African Trade & Investment Development Insurance, ATIDI, announced its intent to support the 20 MW Ituka West Nile Uganda Ltd solar project developed by AMEA Power, a Dubai-based Independent Power Producer (IPP). ATIDI will support the project via its Regional Liquidity Support Facility (RLSF) by providing payment guarantees for the benefit of the project on behalf of the Ugandan national power utility, Uganda Electricity Transmission Company Limited (UETCL).  The partnership was announced in a signing […]

todayDecember 15, 2023 50

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Business / Economics

Needing to borrow money? Four tips on what’s okay and what’s not

  By Bomikazi Zeka, University of Canberra It’s a financially challenging time for most households. With interest rates rising, many are spending even more money on debt repayments or taking out loans to help make ends meet. A report released recently in South Africa, compiled by one of the country’s biggest banks, found that 42% of South Africans, across various income levels, cannot manage their debt. This indebtedness has caused […]

todayDecember 14, 2023 6

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Business / Economics

Stocks track record day on Wall St, dollar extends losses

  Equity markets rallied Thursday and the dollar extended losses after the US Federal Reserve indicated it would begin cutting interest rates next year. The surge across the region tracked a record-breaking day on Wall Street, where traders cheered a much-sought-after dovish pivot from the central bank as US inflation comes down. After more than a year of hiking, decision-makers at their last meeting of the year acknowledged that they […]

todayDecember 14, 2023 4

Rising threats: Cybercriminals unleash 411,000 malicious files daily in 2023
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APO International

Rising threats: Cybercriminals unleash 411,000 malicious files daily in 2023

    Kaspersky’s (www.Kaspersky.co.za) detection systems discovered an average of 411,000 malicious files every day, which is an increase of nearly 3% in 2023 compared to the previous year. Particular types of threats also escalated: experts observed a marked surge of 53% in attacks involving malicious Microsoft Office and other types of documents. Attackers leaned towards more dangerous tactics, such as utilising backdoors to infiltrate systems undetected. These insights, detailed […]

todayDecember 14, 2023 1

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Business / Economics

The gross domestic product for the third quarter of 2023 expanded by 7.2 percent

  Domestic Economy 1. In the third quarter of 2023, the Real Gross Domestic Product (GDP) exhibited a noteworthy expansion, registering a robust growth of 7.2 percent. This represents a substantial increase from the 5.4 percent recorded during the corresponding quarter of the preceding year. The economy witnessed a commendable trend, characterized by 10 consecutive quarters of positive growths. 2. In nominal terms, the size of the Namibian economy, quantified […]

todayDecember 14, 2023 8

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