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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 158 of 184

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Business / Economics

01 March 2024 Morning Biz News: Financial Highlights: Namibia Secures Grant, Truworths Faces Challenges, Global Market Trends

Published on March 1, 2024 In the dynamic landscape of global finance, recent developments across various sectors have captured the attention of investors and experts alike. Here's a roundup of the latest financial indicators and noteworthy events shaping the economic landscape. 1. Namibia Hydrogen Fund Managers Secures Historic Grant Namibia Hydrogen Fund Managers (Pty) Limited has achieved a significant milestone by securing a substantial grant of nearly N$19.2 million from […]

today1 March, 2024

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Business / Economics

Economists break down revised tax reforms and national budget

With Finance and Public Enterprises Minister Ipumbu Shiimi having announced in yesterday’s National budget that the government has revised tax reforms that will put N$646 million back in the pockets of taxpayers by exempting all individual taxpayers from paying tax on the first N$100,000 of their income, starting 1 March 2024, we asked Cirrus Capital Economist Robert McGregor for a breakdown of the numbers. Namibia's largest-ever annual budget on Wednesday […]

today29 February, 2024

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Business / Economics

Capricorn Group releases interim financial results for the six months ended 31 December 2023

Capricorn Group, a proud Namibian financial services group listed on the Namibian Stock Exchange with diversified operations and business interests in Namibia and Botswana, released its interim financial results for the six months ended 31 December 2023 today. Capricorn Group achieved solid results with profit after tax for the six months ended 31 December 2023, increasing by 18.5% to N$827.6 million, compared to a profit after tax of N$698.2m that […]

today29 February, 2024

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Business / Economics

Minister Shiimi Unveils N$100 Billion Budget with Focus on Development and Growth

Finance and Public Enterprises Minister Iipumbu Shiimi presented a N$100 billion budget to the National Assembly for the fiscal year 2024/25, with over 20% earmarked for economic and infrastructural development. Emphasizing the theme ‘Continuing the Legacy of President Hage Geingob by Caring for the Namibian Child,’ Shiimi highlighted specific provisions for infrastructure development to address gaps and boost Namibia’s economic growth objectives. The budget allocates N$20.9 billion for FY2024/25 and […]

today29 February, 2024

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Business / Economics

29 February Morning Biz News: Latest Financial Highlights: Government Revenue Projections, Harmony Gold’s Record Dividend, Binance Executives Detained, and Oil Price Decline

  In the ever-evolving landscape of global finances, several key developments have recently taken place, shaping the economic outlook for the near future. This article delves into the latest financial indicators, exploring government revenue projections, Harmony Gold's historic dividend announcement, the crackdown on cryptocurrency exchanges in Nigeria, and the recent decline in oil prices. Government's Fiscal Initiatives: The Namibian government has unveiled its fiscal year 2024/25 revenue projections, with a […]

today29 February, 2024