insert_link Africa 1200+ Fintech Stakeholders to Converge at the 12th Edition of the Africa Fintech Summit in Nairobi, Kenya Nairobi, Kenya, is set to host the 12th edition of the Africa Fintech Summit in two days. The event, slated to take place at the J.W. Marriott from September 4-6, 2024, will bring together African and global Africa-focused fintech stakeholders for growth-enabling conversations and engagements. The Nairobi event is the latest edition of the biannual Africa Fintech Summit, which takes place in Washington, D.C., and in an African […] todaySeptember 4, 2024 9
insert_link Africa Made in Africa shipbuilding gains momentum By Conrad Onyango, bird story agency As a South African shipbuilding firm works on an export vessel that needs no sailor, several other African countries are joining the league of local shipbuilders, to tap into a burgeoning market on the continent and elsewhere. In May, A South African media reported that shipbuilder Legacy Marine was building an autonomous vessel for a client in Saudi Arabia as a proof-of-concept […] todaySeptember 4, 2024 28
insert_link Business / Economics President Mbumba attends China-Africa forum in Beijing President Nangolo Mbumba has left for Beijing, China, to join over 50 African leaders at the Forum on China-Africa Cooperation. The meeting will focus on strengthening China's strategic partnership with Africa in the post-Covid era, with talks expected to center on climate, energy, and digital cooperation. UNAM economics lecturer Dr. Omu Kakujaha-Matundu says these Africa-China relations should be based on mutual understanding. todaySeptember 2, 2024 25
insert_link Business / Economics Namfisa CEO advises public to learn and understand FIMA for better dialogue CEO of the Namibia Financial Institutions Supervisory Authority, Kenneth Matomola has urged the public to familiarise themselves with the Financial Institutions and Market Act to enable informed discussions with his office regarding sections they may not fully understand. FIMA brings together different laws to create a framework for overseeing and regulating financial intermediaries, pension funds, insurers, and other non-banking financial institutions. todaySeptember 2, 2024 48
insert_link Business / Economics FIMA’s Zamuee reacts to South Africa’s new retirement system South Africa’s new two-pot retirement system is now officially operational, with administrators anticipating a significant influx of withdrawal requests from pension fund members. Dr. Manfred Zamuee, Chairperson of the Financial Institutions and Markets Act Technical Advisory Committee, has responded to the development, highlighting its implications. Public suggestions have also emerged advocating for Namibia to adopt a similar two-pot retirement system. Dr. Zamuee said that these suggestions, alongside other proposals and […] todaySeptember 2, 2024 62
insert_link Business / Economics State of the Namibian Economy 2024 reveals lack of public sector reform Economist Robin Sherbourne has stressed that good governance and well-crafted policies are more crucial for a country’s long-term economic success than natural resources or the size of its population. Speaking in his recent analysis, Sherbourne argued that the foundation of sustainable economic growth lies in the strength of a nation’s institutions and the effectiveness of its policies. In the same report titled "State of the Namibian Economy 2024," Sherbourne […] todaySeptember 2, 2024 43
insert_link Business / Economics Short-Term Insurance: A Vital Shield for Small Business Owners Against Potential Risks Small companies experience various challenges in the constantly evolving business landscape of the present day. There are numerous uncertainties that arise during the journey, ranging from managing daily tasks to navigating the intricacies of market demands. Small business owners are most concerned about unforeseen incidents that could interrupt their operations and put their assets at risk. Short-term insurance serves as a safeguard, protecting assets and ensuring business operations continue […] todaySeptember 2, 2024 15
insert_link Business / Economics Business and Economics Researcher Warns of Political Risks in SOE Reforms Business and Economics Researcher Josef Kefas Sheehama recently discussed the state of state-owned enterprises in South Africa and Namibia. He expressed concerns about South Africa's proposal to transfer SOE shareholder responsibilities to relevant ministries, such as their Ministry of Energy. While acknowledging the potential benefits, Sheehama cautioned that increased political involvement could undermine SOE efficiency and effectiveness, exacerbating existing challenges. todayAugust 30, 2024 30
insert_link Business / Economics INTERVIEW: State-Owned Enterprises: Insights from Business and Economics Researcher Josef Kefas Sheehama In a recent discussion, Business and Economics Researcher Josef Kefas Sheehama shared his perspectives on the state of state-owned enterprises (SOEs) in South Africa and Namibia, shedding light on critical issues and proposed reforms. Sheehama addressed the current proposal in South Africa to reassign the shareholder responsibilities of SOEs to relevant ministries, such as the Ministry of Energy. While acknowledging the potential benefits of this move, he expressed concerns about […] todayAugust 30, 2024 11