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

Business / Economics

1303 Results / Page 28 of 145

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Business / Economics

30 September 2024 Morning Biz News: Puma Energy Confident Amid Chevron-Bachmus Deal, Rand Surges to 20-Month High, and Global Markets Respond to China Stimulus

Puma Energy Confident Despite Chevron-Bachmus Partnership Puma Energy Namibia remains optimistic about its market leadership despite Chevron Brands International LLC's recent partnership with Bachmus Oil to expand in the Namibian market. Speaking to The Brief, Charlene Oosthuizen, Country Retail Manager at Puma Energy, expressed confidence, highlighting the company's extensive network and innovative, customer-centric strategies that position it to compete effectively in the growing energy market. South African Rand Hits 20-Month […]

todaySeptember 30, 2024 14

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Business / Economics

Namib Mills Probes Alleged Link to Child Deaths in South Africa

Namib Mills is investigating after three children in South Africa reportedly died after consuming its vanilla-flavoured Top Score instant maize porridge. Although no evidence currently links the product to the deaths, all Top Score porridge has been temporarily withdrawn from shelves in Namibia and South Africa. The company is cooperating with authorities and will provide updates as the investigation continues.

todaySeptember 30, 2024 9

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Business / Economics

Youth Energy Forum Welcomes Shapwanale and Jacobs to Advisory Board

The Namibia Youth Energy Forum has named Ndapewoshali Mwangyengwa Shapwanale and Mutindi Jacobs to its Advisory Board. Shapwanale, who is the Director of Communication and Stakeholder Relations at Reconnaissance Energy Africa Ltd., also serves on the Public Affairs Committee of the Namibia Petroleum Operators Association. She has been recognized by the African Energy Chamber as one of the 25 under 40 women leaders transforming Africa's energy landscape.

todaySeptember 27, 2024 42

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Business / Economics

O&L Group Plans Major Expansion of Leisure Portfolio by 2029

The Ohlthaver & List Group is gearing up to expand its leisure portfolio from four to 10 establishments by 2029. Key destinations such as Sossusvlei, Swakopmund, and Etosha have been earmarked for the expansion, with Windhoek and Brandberg also being considered. O&L Group Executive Chairman Sven Thieme revealed to The Brief that the expansion will prioritize delivering authentic experiences at prime locations across the country.

todaySeptember 27, 2024 21

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Business / Economics

27 September 2024 Morning Biz News: Hospitality, Job Losses, Global Markets, and Financial Indicators

  1. Weddings Boost Hospitality Occupancy in Northern Namibia Weddings and related events had a positive impact on hospitality occupancy in northern Namibia during August 2024. Despite this boost, the national occupancy rate dropped to 63% from 68.9% in August 2023, according to a report from Simonis Storm Securities researcher Almandro Jansen, cited by The Brief. The occupancy rate remains a critical measure of activity within Namibia's hospitality sector. 2. […]

todaySeptember 27, 2024 17

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Business / Economics

Small Livestock Sector Sees 44.9% Drop in Exports for Q2 2024

The small livestock subsector experienced a sharp 44.9% drop in the number of animals marketed to export-approved abattoirs and butchers during Q2 2024, according to the Namibia Statistics Agency. This decline in exports led to a slight contraction in the sector, contrasting with the growth recorded in the same period of 2023. Ipumbu Sakaria from the agency.  

todaySeptember 27, 2024 16

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Business / Economics

Consumer Credit Bill to be tabled by Parliament next year, says NAMFISA’s annual report

The Namibia Financial Institutions Supervisory Authority has released its annual report which outlines the implementation of key financial regulations and the resolution of 91% of 691 complaints, resulting in N$14.7 million returned to complainants. Namfisa CEO, Kenneth Matomola said most complaints were from micro-lenders, insurers, and pension funds.     He also revealed that the Consumer Credit Bill will be tabled by Parliament next year.

todaySeptember 26, 2024 42

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