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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1655 Results / Page 3 of 184

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Africa

Zambia becomes first in Africa to accept mining taxes in yuan

A China yuan note is seen in this illustration (Photo by REUTERS/Thomas White) Zambia has become the first African country to allow Chinese mining companies to pay taxes in yuan, a move aimed at reducing reliance on the US dollar and reflecting the country’s deepening economic ties with China. The policy shift was confirmed by the Bank of Zambia, according to News24. According to Bloomberg Law, the change comes amid […]

today20 January, 2026

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Business / Economics

America’s Trump threatens France with 200% wine tariffs

Bottles of French wine are displayed for sale in a liquor store. (Photo by: Mario Tama/Getty Images) U.S. President Donald Trump has threatened to impose tariffs of up to 200% on French wine and champagne after French President Emmanuel Macron declined to join a U.S.-backed initiative described by Trump as a Gaza “Board of Peace.” The warning marks a sharp escalation in rhetoric between Washington and Paris, linking trade pressure […]

today20 January, 2026

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Business / Economics

IMF raises 2026 global growth forecast to 3.3%

The International Monetary Fund on Monday revised its global economic growth forecast for 2026 to 3.3 percent, reflecting continued resilience as the world adapts to shifting trade conditions and robust investment in artificial intelligence and technology sectors. The updated projection, released in the IMF’s World Economic Outlook update, marks a 0.2 percentage point increase from estimates published last October. The pace matches the 3.3 percent growth the IMF now expects […]

today20 January, 2026

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Business / Economics

Employment Equity Commission summons 15 employers for contravening affirmative action act

Photo by: William Stegmann via Google The Employment Equity Commission has summoned fifteen employers to appear before a Review Panel for failing to comply with the Affirmative Action (Employment) Act. The hearings will take place from the 21st to the 22nd of January 2026 at the National Council in Windhoek and will be open to the public and the media. According to the Commission, the Review Panels will assess deficiencies […]

today20 January, 2026

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Business / Economics

NAMFISA Warns Against Unregistered Microlenders

The Namibia Financial Institutions Supervisory Authority has cautioned consumers to only obtain short-term credit from registered microlenders to avoid exploitation. NAMFISA Manager for Corporate Communications and Consumer Education Victoria Raimond urges the public to verify lenders on the authority’s website and report suspected illegal microlending activities.   

today15 January, 2026

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Business / Economics

Standard Bank Cuts Fees to Boost Financial Inclusion

  Standard Bank Namibia has rolled out revised banking fees offering free card swipes, limited free ATM withdrawals, and lower digital transaction costs. Public Relations and Communication Senior Manager Elzita Beukes says the move is designed to encourage cashless transactions and put more money back into customers’ pockets. 

today15 January, 2026

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Business / Economics

Mines Ministry Consults Emerging Miners on Value Addition

The Ministry of Industries, Mines and Energy held a consultative meeting with emerging mining operators on 7 January to discuss ways to enhance local participation and value addition in the mining sector. Minister Modestus Amutse stressed the need for collaboration with industry stakeholders, while the mining association highlighted challenges such as limited access to modern equipment and processing facilities and urged support for sustainable, safe mining practices. The meeting also explored opportunities […]

today12 January, 2026