insert_link Africa UK-Zimbabwe Business Expo 2024 to Showcase Top Zimbabwean Enterprises to UK Market On 5th October 2024, the UK-Zimbabwe Business Expo will convene at the Bethel Convention Centre in Birmingham, marking a significant milestone in the economic relationship between Zimbabwe and its diaspora community. Organised by the Zimbabweans in Diaspora Organisation (ZIDO) and Vaka Ekhaya, this event aims to foster substantial investment opportunities and wealth creation, responding to the Zimbabwean government’s call for diaspora involvement in the nation’s economic development. The Expo […] todayAugust 23, 2024 11
insert_link Business / Economics Namibia Breweries Contributes N$2.4 Billion to Economy and Expands Global Presence Namibia Breweries Limited has contributed N$2.4 billion to the local economy through corporate taxes, customs duties, and excise fees reports The Brief. In the past year alone, the company paid N$800 million in corporate taxes and N$1.6 billion in customs and excise duties. NBL's beer exports reached N$747 million in 2023, reflecting its global competitiveness. Additionally, NBL was a major driver of foreign direct investment, with Heineken increasing its shareholding […] todayAugust 23, 2024 23
insert_link Business / Economics Competition Commission Approves Dundee-Sinomine Merger with Employment Conditions The Competition Commission has approved the merger between Dundee Precious Metals Tsumeb Holdings and China’s Sinomine Resource Group, provided there are no retrenchments of Namibian employees for three years. The companies must also maintain a minimum ratio of 92% local employees to foreign employees. NaCC spokesperson: Dina //Gowases. todayAugust 23, 2024 42
insert_link Africa Second-Largest Diamond in History Unearthed in Botswana A 2,492-carat diamond, the second-largest ever found, has been discovered at the Karowe mine in Botswana, operated by Canadian firm Lucara Diamond. The BBC reports that, this remarkable find surpasses Botswana's previous record and is the biggest since the 3,106-carat Cullinan diamond found in South Africa in 1905. Botswana, a leading global diamond producer, continues to make significant contributions to the industry, accounting for about 20% of global production. todayAugust 23, 2024 16
insert_link Business / Economics 23 August 2024 Moring Biz News: Major Contracts, Interest Rate Debates, Legal Settlements, and Financial Market Updates Savanna Beef Secures Major Contract with GPS Food Group Savanna Beef has landed a significant contract with global food giant GPS Food Group, ensuring a stable market for its products and enhancing its production processes. Announced by Chairperson Mecki Schneider, the agreement, signed on April 30, is set to significantly bolster the company's growth. This partnership marks a major step forward for Savanna Beef, providing valuable support and stability as […] todayAugust 23, 2024 13
insert_link Business / Economics Panel Discusses Transparency and Resource Management at Oil and Gas Conference At the Oil and Gas Conference, a panel emphasized the need for balancing transparency with natural resource management. They highlighted establishing governance structures, ensuring information access, and engaging stakeholders. The discussion also focused on conflict resolution, adaptive management, international standards, environmental sustainability, and the importance of public awareness and education. Graham Hopwood: Executive Director at the Institute for Public Policy Research. todayAugust 23, 2024 41
insert_link Business / Economics PwC South Africa’s Martin Solomon Talks Oil And Gas The second annual Namibia Oil and Gas Conference is currently underway at the Mercure Hotel in Windhoek, centered around the theme "The Next Steps towards a Prosperous Oil and Gas Industry: Powering Namibia's Sustainable Future." The event features a panel discussion on Namibia's role in the global oil and gas market, with a focus on driving economic growth, market development, and transitioning towards a low-carbon economy. Martin Solomon, Energy SME […] todayAugust 23, 2024 29
insert_link Business / Economics NamCor signs MoU with Gambian oil company The National Petroleum Corporation of Namibia has signed a Memorandum of Understanding with the Gambia National Petroleum Corporation to collaborate and strengthen both organisations, according to NamCor's interim managing director, Ebson Uanguta. todayAugust 22, 2024 24
insert_link Africa Africa’s mobility startups dethrone fintechs, scale new heights By Conrad Onyango, bird story agency Africa’s mobility startups are having a moment. For the first time, these small businesses in transport and logistics have dethroned Fintechs in attracting the most investor funding on the continent. In another historic first, mobility startups are beginning to explore cross-border rental trips as they look to capitalize on growing intra-Africa tourism fuelled by the removal of visa requirements by some […] todayAugust 22, 2024 16