insert_link Business / Economics BRICS bloc dominates global GDP and wealth The BRICS bloc now represents more than 45% of the world’s population and accounts for nearly 36% of global GDP than G7 countries (30%) when adjusting for purchasing power parity. According to investment migration consultancy, Henley and Partners’ BRICS Wealth Report, the total investable wealth currently held in the BRICS bloc amounts to $45 trillion and its millionaire population is expected to rise by 85% over the next 10 years. today1 February, 2024
insert_link Business / Economics Namibia Brand Ambassadors Programme Laimi talks to Michelle McLean about what it felt like to be honoured in Times Square as well as what the Namibia Brand Ambassador Programme she spearheads is all about. https://iono.fm/e/1401109 today31 January, 2024
insert_link Business / Economics Market Watch – 30 January With a look at the year ahead, including the implications of the looming water crisis in the central areas of the country, Michelle van Wyk talks to Robert McGregor. https://iono.fm/e/1401101 today31 January, 2024
insert_link Business / Economics The Alexforbes Lead Story – 30 January With the Trustco Group having recently announced that they would be tapping into their shareholders in order to acquire N$ 2.4 billion for investments into the local economy, The Business Report caught up with Deputy CEO Quinton van Rooyen Jnr. to find out more. https://iono.fm/e/1401105 today31 January, 2024
insert_link Business / Economics IMF World Economic Outlook Update https://youtu.be/DB9yEOgE1Iw The IMF sees a runway to a ‘soft landing’ for global growth Pierre-Olivier Gourinchas, head of the Fund’s Research Department said at the launch of the World Economic Outlook (WEO) Tuesday (January 30) in Johannesburg, South Africa. “The global economy continues to display remarkable resilience with inflation declining steadily and growth holding up. The chance of a soft landing as increased. But the pace of expansion remains slow and […] today31 January, 2024
insert_link Business / Economics Unlocking Namibia’s Potential: High Economic Intelligence’s Salomo Hei Discusses the Benefits of Uranium Jan 31, 2024,/ Leonard Witbeen In a recent interview, Salomo Hei, the Managing Director at High Economic Intelligence, shares insights into the significant benefits of uranium for Namibia's economic landscape. Hei expresses optimism about the global development of nuclear power as a diversified energy source. He highlights the positive impact on the energy sector, emphasizing the success stories of nuclear power in various parts of the world. Namibia, being one […] today31 January, 2024
insert_link Business / Economics 31 JANUARY BIZ NEWS: Global Financial Landscape: Surges in Namibian Exports, Nigeria’s Diversification Plans, and Market Dynamics Shape January Trends Namibia's Horticultural Exports Surge by 26% to N$1.73 Billion: According to the latest statistics, Namibia's horticultural produce exports witnessed an impressive 26% growth, reaching N$1.73 billion from April to September. This marks a significant increase from N$1.37 billion recorded in the corresponding period of 2022-2023. The Namibian Agronomic Board reports a substantial rise in export tonnage, soaring from 73,140 in 2022-2023 to over 111 thousand in 2023-2024, reflecting a remarkable […] today31 January, 2024
insert_link Business / Economics South Africa is failing people who aren’t poor, but aren’t middle class either By Tinashe Mushayanyama, University of South Africa; Adrino Mazenda, University of Pretoria; Margaret Chitiga-Mabugu, University of Pretoria, and Mary Mangai, University of Pretoria Many South African households are trapped. They are neither poor nor middle class. As a demographic they hover above the indigence threshold financially. But they are not yet securely in the middle class. This aspirant middle class – individuals whose income is above the indigent […] today30 January, 2024
insert_link Africa 1 in every 3 dollars invested into startups in Africa in 2023 went into climate tech By Seth Onyango, via bird story agency Climate tech startups bucked the trend in Africa's venture capital space, actively notching up an impressive $1 billion amidst a broader funding fall-off in 2023. Data tracker, Africa: The Big Deal notes that around 1 in 3 dollars invested into startups on the continent in the forecast period went to climate tech startups. The strength of the sector according to the Deal, illustrates […] today30 January, 2024