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

Business / Economics

1232 Results / Page 16 of 137

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Business / Economics

Ministry Of Health Issues Urgent Recall of Instant Maize Porridge

The Health ministry has ordered a recall of certain batches of vanilla-flavored instant maize porridge produced in the country. This decision follows the deaths of three children in South Africa's East Cape Province, reportedly linked to the product. Executive Director Ben Nangombe has advised the public to refrain from consuming the porridge until investigations are finalized.  

todayOctober 8, 2024 21

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Business / Economics

8 October 2024 Morning Biz News: Africa Online Expands, South Africa Revises Internet Laws, and Berkshire Hathaway Sells Over $10 Billion in Bank of America Shares

Africa Online Partners with Utande to Boost Growth Africa Online Namibia has announced a new partnership with Utande Internet Services Botswana, a strategic move aimed at enhancing the company's growth and service capabilities. One Africa TV reports that Utande will inject significant capital into Africa Online in exchange for a substantial equity stake, signaling a strong commitment to expanding its operations and improving internet service offerings across Namibia. This investment […]

todayOctober 8, 2024 16

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Business / Economics

Roland Brown weighs in on Hydrogen hype with Gary Stroebel

Cirrus Capital Co-Founder Roland Brown recently published an insightful article titled "Hydrogen Hype: Balancing the Equation," where he examines the growing excitement around hydrogen as a potential energy source. In an interview with Future Media CEO Gary Stroebel, Brown delves into the critical aspects of the hydrogen economy, offering a balanced perspective on its promises and challenges. Listen to the full interview: https://shorturl.at/tvjhR

todayOctober 7, 2024 27

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Business / Economics

Access Bank Namibia Limited Receives Provisional License from Bank of Namibia

The Bank of Namibia has issued a provisional license to Access Bank Namibia Limited, allowing the bank to start preparations for its banking operations in the country. Kazembire Zemburuka, the BoN Director of Strategic Communications and International Relations, confirmed that this authorization, granted under Section 12(5) of the Banking Institutions Act, 2023, took effect on 4 October 2024 and is valid for six months. During this period, the bank is […]

todayOctober 7, 2024 20

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Business / Economics

US dock strike temporarily called off

Dock workers in the United States are back at work after their union reached a tentative agreement over wages. Strikes this week have brought ship traffic in east coast harbours to a standstill - with fears mounting over the impact the industrial action could have on the US economy. Sally Patterson reports for us from New York.  

todayOctober 7, 2024 17

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Business / Economics

7 October 2024 Morning Biz News: Economic Activity Slows in Namibia Amid Currency Adjustments and Global Concerns

Business Registrations Decline in Namibia Economic activity in Namibia experienced a slowdown in the second quarter of 2024, with business registrations falling by 34% compared to the same period in 2023, according to data from the Bank of Namibia, as reported by The Brief. This downturn was evident in both close corporations, which saw a significant drop of 37.7%, and private companies, which recorded an 8.4% year-on-year decrease. The decline […]

todayOctober 7, 2024 23

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Business / Economics

MTC Launches Mobile Financial Service to Boost Financial Inclusion

Mobile Telecommunications Limited has introduced MTC Maris, a new mobile financial service aimed at serving over 50% of Namibians without access to traditional banking. The Brief reports that the service enables users to send, receive, and manage money via mobile phones, promoting financial inclusion. MTC's Chief Human Capital, Corporate Affairs, and Marketing Officer, Tim Ekandjo, highlighted that MTC Maris will complement existing banking services, offering more options for users.

todayOctober 7, 2024 11

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Business / Economics

Container ships queue outside striking US ports

Queues of container ships are building up outside US ports on Thursday as workers enter their third day of strikes. The International Longshoremen's Association told its members to stop working over pay and automation concerns. There are concerns the strikes could prompt shortages and impact the economy. Reporting from New York is Sally Patterson .  

todayOctober 4, 2024 15

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Business / Economics

Passenger Rail Agency of South Africa has restored six of eight rail corridors in Durban after extensive vandalism

  The Passenger Rail Agency of South Africa has restored six of eight rail corridors in Durban after extensive vandalism during the Covid-19 period. PRASA’s Zipho Mlambo says the new trains are replacing older models, highlighting revamped stations, state-of-the-art technology, and improved safety features. She says the special trains will transport soccer fans to Saturday’s MTN 8 final at Moses Mabhida Stadium:  

todayOctober 4, 2024 23

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