Business / Economics Archives - Page 28 of 184

Interview: China’s Path, Africa’s Future: Sheehama Unpacks Key Takeaways from Kunming Forum

Business and economics researcher Josef Sheehama has returned from the 14th China-African Think Tank Forum in Kunming, China, with key reflections on how China’s development model—particularly in poverty alleviation and modernization—could offer Africa, and Namibia specifically, a valuable roadmap for future industrialization. The forum, attended by over 150 scholars, policymakers, and experts from across the African continent and China, served as a platform to examine shared challenges and explore developmental […]

27 May, 2025

Business / Economics

SMEs crucial to Namibia’s economic growth, says FNB

Small and Medium Enterprises (SMEs) are playing a growing role in economic development, with their impact reaching beyond just job creation. According to FNB Namibia's Head of SME, Nesdha De Jongh, SMEs are key to addressing some of the country’s most pressing issues, including high youth unemployment and inequality. “SMEs are the backbone of the economy,” De Jongh said. “We need to empower their growth so that they’ll be able […]

20 May, 2025

Business / Economics

South Africa faces R800 billion debt repayment challenge

South Africa’s Finance Minister Enoch Godongwana (Reuters/Shelley Christians) South Africa could face a financial challenge as debt servicing costs are projected to consume up to 30% of the country’s tax revenue by 2030, according to the International Monetary Fund (IMF). The IMF estimates that South Africa may need to spend as much as R800 billion on debt repayments within the next seven years, exposing a growing strain on the country's […]

19 May, 2025

Business / Economics

South Africa’s Cabinet approves mineral resources development bill for public comment

South Africa’s Cabinet has approved the Mineral Resources Development Bill of 2025 for public comment. Minister in the Presidency Khumbudzo Ntshavheni announced the bill during a post-Cabinet briefing, saying it will streamline regulatory processes, improve investor confidence, and ensure fair distribution of mining benefits. The bill proposes a “one-stop shop” to simplify licensing, clear guidelines to secure mining rights, requirements for local processing of minerals, and measures to support local […]

16 May, 2025

Business / Economics

Namibia Women in Finance & Insurance Summit 2025 champions gender diversity, inclusion, and equality

The 4th Namibia Women in Finance and Insurance Summit convened in Windhoek, drawing leading female professionals to discuss innovation, legacy-building, and the transformative role of artificial intelligence (AI) in promoting inclusive growth. The summit, which focused on the impact of digital transformation in the finance and insurance sectors, emphasized the need to empower women by providing them with access to financial tools, leadership opportunities, and decision-making roles. CEO Sisedi Investment […]

16 May, 2025

Africa

Energy leaders converge in London for Africa Energies Summit

Energy leaders from across the globe have gathered in London for the Africa Energies Summit, hosted by the Frontier Energy Network. The three-day event, running until Thursday, 15 May, brings together industry experts, government representatives, and key stakeholders to discuss the future of energy in Africa, focusing on market opportunities, the energy transition, and technological advancements in the oil and gas sector. Africa Energies Summit, London 2025 - Shakwa Nyambe […]

15 May, 2025

Business / Economics

Country Club expansion to conclude in September

https://youtu.be/Y39991NA1kE By: Eric Mhunduru The expansion of the Windhoek Country Club Resort is set to be completed by September this year. Country Club board member, Michael Wassung told NewsOnOne that the expansion will cost a total of N$12 million. The expansion will include a state-of-the-art swimming pool and a 50 seater restaurant and bar for guests. Wassung said the current pool area is going to be replaced completely […]

13 May, 2025

Business / Economics

Africa’s energy ambitions on display with Agogo FPSO arrival

Walvis Bay, Namibia – The Agogo Floating Production Storage and Offloading (FPSO) vessel, one of the world’s most advanced offshore production assets, made a scheduled technical stop at Walvis Bay on 8 May 2025. Operated by Yinson Production for Azule Energy, the vessel paused at the Namibian port to replenish supplies and conduct crew changes as part of its journey to Angola. Drone photography of the Agogo FPSO was carried […]

12 May, 2025

Business / Economics

Interview: Business Researcher Josef Sheehama on Beneficiation and External Loans: A Strategic Outlook for Namibia’s Economic Future

IntroductionIn a recent interview, business researcher Josef Sheehama offered a comprehensive view of Namibia’s economic strategy, emphasizing the dual importance of beneficiation and external loan management. His vision for Namibia's economic independence hinges on industrialization, foreign direct investment (FDI), and leveraging natural resources to reduce dependency on external debt. 1. Namibia’s Vision 2030: Charting a Path to Industrialization Sheehama emphasizes that Vision 2030 is more than a governmental slogan—it […]

12 May, 2025