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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 168 of 184

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Business / Economics

12 Feb 2024 Biz News: Economic Insights: Plastic Bag Pricing Probe, Sasol’s Profit Dip, Moody’s Downgrades Niger, and Bezos’ Amazon Share Sell-Off

1. Investigation Launched into Potential Overpricing of Plastic Bags In a bid to ensure fair pricing and compliance with regulations, Namibia's Environment, Forestry, and Tourism ministry have initiated an investigation into the pricing practices of retailers concerning plastic bags. Minister Pohamba Shifeta acknowledges preliminary findings revealing that some stores are charging between N$1 and N$5 per plastic carry bag, potentially exceeding government-mandated rates. This move reflects the government's commitment to […]

today12 February, 2024

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Business / Economics

Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of funding.

      By Conrad Onyango, via bird story agency   Africa’s women-led startups retained their sparkle through 2023, against the backdrop of one of the darkest periods for global startup funding, raising US$200 million, 7% growth over the previous year, according to a report from Africa: The Big Deal. In 2022, these female-founded ventures had grown by 4%. The amount remains significantly lower than the US$ 2.7 billion raised […]

today9 February, 2024

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Africa

Nigeria’s street food: tasty but toxic? Expert shares advice to make it safer

  By Helen Onyeaka, University of Birmingham   In the lively streets of Nigeria’s cities, where delicious street food is a daily delight, a wide variety of food can be bought and consumed instantly. From the sizzling suya snack in Abuja to the aromatic jollof rice in Lagos, street food has become an integral part of Nigerian life. However, beneath these enticing flavours lies a critical question of public safety […]

today9 February, 2024

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Business / Economics

African Telco Sector Predicts Robust 2024 Growth

Africa's telecommunications sector is poised for a prosperous 2024, projecting a substantial $2.24 billion growth between 2020 and 2024. The expansion is driven by increasing digital adoption and the rollout of high-speed 5G connectivity, with a focus on additional services, particularly in finance. Robert van Breukelen, COO at Itemate Solutions in South Africa, highlights key factors behind this growth.  

today9 February, 2024

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Business / Economics

9 February 2024 Biz News: Economic Highlights: Namibia’s Diamond Surge, NNPC’s Fuel Price Assurance, and Global Market Updates

In the dynamic landscape of global markets, several key developments have unfolded, impacting economies and industries. In this article, we delve into the latest economic highlights, ranging from Namibia's booming diamond production to Nigeria's stance on petrol prices, and the ripple effects of geopolitical tensions on oil prices and currency markets. Namibia's Diamond Production Soars: Namibia has witnessed a significant upswing in rough diamond production, reaching 2.327 million carats in […]

today9 February, 2024