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

Business / Economics

1510 Results / Page 3 of 168

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Business / Economics

ECB Cuts Rates Again Amid Economic Uncertainty

The European Central Bank has reduced interest rates for the sixth time in nine months in an effort to support economic growth in the eurozone says BBC. Despite economic challenges such as the threat of U.S. tariffs and plans to increase European military spending, the bank remained committed to its strategy of lowering rates. The ECB lowered its main interest rate from 2.75% to 2.5% and further revised its economic […]

todayMarch 7, 2025 18

Business / Economics

Alweendo Says Oil and Gas Policy Gaps an African Challenge

Mines and Energy Minister Thomas Alweendo says policy shortcomings in the oil and gas sector are a continent-wide issue, not just a Namibian problem. Speaking on a ministry-hosted podcast, he emphasized the need to refine local content policies to ensure Namibian businesses benefit from resource extraction. In this report, compiled by One Africa TV NewsOnOne’s Eric Mhunduru, Alweendo highlights a call for policy improvements.  

todayMarch 7, 2025 40

Business / Economics

Reho Meat Processors Enhances Operations with Wagyu Beef Focus

Located just outside Rehoboth, Reho Meat Processors has not only upgraded its abattoir but also expanded its specialization to include Wagyu beef processing. Francois Lottering reports for One Africa TV NewsOnOne, where he spoke to Jaco Smit, who highlighted that the facility is capable of slaughtering and processing Wagyu and other cattle for local, regional, and international markets.  

todayMarch 7, 2025 45

Business / Economics

Institutional Investors Forum Continues in Swakopmund

  The 4th Annual Institutional Investors Forum 2025, themed "Empowering Growth: Investment Strategies for Institutional Investors in Namibia," is currently taking place in Swakopmund. The event focuses on Pension Fund Trustees, who play a crucial role in securing the financial well-being of their members.Michael Ndinisa is the Group CEO of MNCapital Group of South Africa.  

todayMarch 7, 2025 34

Business / Economics

07 March Biz News: Markets, Earnings, Oil Deals & Trade Policy Shifts

  Local Stock Market Update As of yesterday, the local stock market's free float market capitalization stands at N$16.71 billion, with 638,974 shares traded, amounting to N$16.41 million in value across 11 deals. For the month to date, 1,364,598 shares have been traded, totaling N$47.09 million, with 31 deals recorded. FirstRand Ltd Sees 10% Earnings Growth According to CNBC Africa, South Africa’s FirstRand Ltd reported a 10% rise in first-half […]

todayMarch 7, 2025 14

Business / Economics

Namdia recovers N$40.6 Million in stolen diamonds as investigation continues

Namib Desert Diamonds (NAMDIA) has given an update on the armed robbery at its premises, confirming that diamonds worth N$40.6 million have been recovered out of the N$314.9 million stolen. The Namibian Police Force is leading the investigation, with two suspects arrested and scheduled to appear in court on 23 May 2025. The diamond marketing and sales company has reaffirmed its commitment to increasing security measures to prevent future incidents. […]

todayMarch 6, 2025 34

Business / Economics

27 February-6 March 2025 Weekly Economics Wrap: Insights from Global to Local Markets

 Offshore Ecosystem and the Risks of Overexploitation U.S.-based marine scientist, Dr. Vincent Pieribone, has sounded the alarm over the increasing risk of pollution and overexploitation of Namibia's offshore ecosystem. The marine expert raised concerns that ongoing activities such as oil and gas exploration, fishing, and diamond mining threaten the delicate marine environment. Dr. Pieribone warned that these industries, while economically beneficial, could lead to irreversible damage to the country’s rich […]

todayMarch 6, 2025 18