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

Business / Economics

1224 Results / Page 3 of 136

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Africa

Australia’s Resolute Mining Executives Arrested in Mali Over Disputes

  The CEO of Australian gold mining company Resolute, Terence Holohan, and two of his executives have been arrested in Bamako, Mali, while in the country to address ongoing disputes with local authorities. As per Voice Of America , the company confirmed that the executives were there to engage with Mali's mining and tax authorities about the company’s business practices and to make progress on claims against Resolute, which the […]

todayNovember 11, 2024 16

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Business / Economics

Regional Price Differences Revealed in October Inflation Report

The October 2024 NSA inflation report shows regional disparities in prices across the country. Khomas recorded the highest inflation rate at 4.2%, while regions like Kavango and Otjozondjupa saw lower rates of 2.3%. Petrol prices also varied slightly, with Khomas residents paying the highest at N$20.93 per litre. The report underscores that core inflation, excluding volatile items, stood at 4.0%, providing a more stable view of economic conditions.

todayNovember 8, 2024 6

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Business / Economics

Windhoek High-level conference aims to boost Namibia-EU trade

A high-level conference in Windhoek is focused on boosting trade between Namibia and the EU through sustainable practices and regulatory alignment. Key discussions include EU regulations on carbon reduction, corporate sustainability, and environmental protection, with strategies for Namibian compliance. Michael Humavindu the executive director at the National Planning Commission.  

todayNovember 8, 2024 23

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Business / Economics

FNB launches real-time cross-border payments

FNB has teamed with BankservAfrica to offer near real-time cross-border payments within the Common Monetary Area, covering Namibia, South Africa, Lesotho, and Eswatini. FNB clients can now transfer up to N$ 25 thousand instantly, 24 hours per day, across borders with enhanced security and lower costs. The move aligns with regulatory compliance under Namibia’s grey-listing status.

todayNovember 7, 2024 105

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Africa

Namibian truck torched amid Mozambique post-election violence

Post-election unrest in Mozambique has closed the Maputo port, a chrome export hub, and led to deadly clashes in several cities. The Namibian Revolutionary Transport Union reported that a Namibian truck was set on fire, urging a swift resolution to protect truck drivers facing serious risks. The union’s Secretary General, Petersen Kambinda.

todayNovember 7, 2024 24

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Business / Economics

7 November 2024 Morning Biz News Update: Global Economic Trends and Market Reactions

In the midst of economic uncertainty and fluctuating markets, key events have been shaping global financial trends this week, with implications for businesses and markets across Africa and beyond. Afreximbank Trade Finance Seminar at Windhoek Country Club Resort The Windhoek Country Club Resort is currently hosting the Afreximbank Trade Finance Seminar and Workshop, bringing together industry experts and stakeholders to foster intra-Africa trade and address challenges in the current global […]

todayNovember 7, 2024 7

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