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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 151 of 184

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Business / Economics

Mines and Energy Ministry to Launch Online License Applications Portal in April

The Mines and Energy Ministry has unveiled plans to introduce an innovative Online License Applications Portal, slated for launch in April. The ministry has declared its intent to shift entirely to online application submissions once the portal is operational, discontinuing the acceptance of manual applications. Ministry spokesperson, Ten Hasheela, shared insights on the initiative. The Ministry further says this transition marks a significant step towards modernization and aligns with the […]

today15 March, 2024

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Business / Economics

15 March 2024 Morning Biz News: Recent Developments in Business and Finance

1. Custos Energy Strikes Oil in Mopane-2X Well Custos Energy has made a significant breakthrough with the discovery of high-quality light oil during the drilling of the Mopane-2X well. Galp Energia, a subsidiary of Portugal's Galp, leads the operation under Petroleum Exploration Licence 83, holding an 80% interest. The National Petroleum Corporation retains a 10% stake, with Custos Energy holding the remaining 10% working interest. 2. PAR Group Announces Expansion […]

today15 March, 2024

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Africa

Inflation in Nigeria is still climbing while it has slowed globally: here’s why

  By Stephen Onyeiwu, Allegheny College   Just as Nigerians were gradually digging out from the devastating effects of the COVID-19 pandemic, they were hit by high inflation. The Nigerian economy contracted by 6.1% at the peak of COVID in the second quarter of 2020. Unemployment rate rose from 27% in the second quarter of 2020 to 33% in the fourth quarter of the same year. The World Bank estimated […]

today14 March, 2024

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Business / Economics

Social media influence audiences worldwide

    By Bank Windhoek’s Digital Marketing Specialist, Julian Mentzel   Social media is present in almost every part of our everyday lives. It is a universal platform for entertainment, communication, and information sharing. With billions of users globally, social media sites like WhatsApp, Facebook, Instagram, X (formerly Twitter), Threads, TikTok, YouTube and LinkedIn provide various features to appeal to different audiences in the rapidly changing digital communication landscape. The […]

today14 March, 2024

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Africa

Appetite from local investors fuels surge in African startup funding

  By Seth Onyango, bird story agency   Despite a steep downturn in startup funding in Africa since 2022, more African investors are channelling substantial investments into homegrown enterprises. This is a marked departure from the previous years, when North American investors, particularly from the U.S., led the charge in startup funding across the continent. Analysis from Africa: The Big Deal identified at least 619 unique investors who participated in […]

today14 March, 2024

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Business / Economics

World oil demand grows amid Red Sea shipping disruptions: IEA

      Global oil demand is forecast to grow more than expected due to a brighter US economic outlook and rising fuel needs of ships rerouted away from the Red Sea, the International Energy Agency said Thursday. Commercial ships have been taking longer and costlier journeys around the southern tip of Africa to avoid attacks by Yemen's Huthi rebels in the Red Sea, a vital international trade route. The […]

today14 March, 2024