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

Business / Economics

1232 Results / Page 30 of 137

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Africa

Africa’s off-grid solar sector is electrifying global investors

    By Bonface Orucho, bird story agency   Africa’s off-grid solar sector continues to be a magnet for investment, with recent analysis from Africa: the Big Deal emphasizing its growing appeal to investors. Despite a general decline in start-up funding across the continent over the last two years, the industry remains a clear priority for both the social impact and regular investment community. According to Laura Fortes, the senior […]

todayAugust 22, 2024 25

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Business / Economics

Fed minutes suggest rate cut on the cards

The Federal Reserve looks increasingly likely to cut interest rates at its next meeting in September. Minutes from the US central bank's July meeting, released on Wednesday, show most policymakers supported a reduction if inflation continued to cool. Here's the report with Sally Patterson.  

todayAugust 22, 2024 33

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Business / Economics

15-22 August Weekly Economics Wrap: Global Market Movements and Strategic Investments Highlight Weekly Economic Developments

Namibian Gold Exploration and Energy Developments Wia Gold's Exploration Success: Australian gold exploration company Wia Gold has announced significant progress at its Kokoseb gold project. Recent drilling efforts have confirmed the presence of existing gold zones, uncovered high-grade mineralization at depth, and identified a new mineralized area in the eastern zone. This marks a pivotal development in Namibia's growing mining sector. NAMCOR's Strategic Investments Pay Off: The National Petroleum Corporation […]

todayAugust 22, 2024 16

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Africa

Niger Resumes Oil Exports via Benin After Dispute

Niger has restarted crude oil exports through Benin following a dispute that previously halted the flow via a Chinese-funded pipeline according to Reuters. The conflict arose from Niger's refusal to lift a ban on imports from Benin, leading to a block on exports through the PetroChina-backed pipeline in May. Niger had subsequently shut off the pipeline flow in June.

todayAugust 22, 2024 6

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Business / Economics

22 August 2024 Morning Biz News: NAMCOR’s Breakthroughs and Global Economic Shifts: Namibia’s Economic Boom, South Africa’s Inflation Drop, and Market Trends

  NAMCOR's Investment Boosts Economic Outlook NAMCOR's extensive drilling and investment efforts have paid off, with recent successes in the Orange Basin signaling a bright future for Namibia's economy. Interim Managing Director Ebson Uanguta revealed that after drilling 38 dry wells and investing over N$20 billion over the past three decades, Namibia is on track to potentially double its economy in the next 15 years. This achievement marks a significant […]

todayAugust 22, 2024 21

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Business / Economics

Bank of Namibia Supports Oil and Gas Sector with Flexible Exchange Controls

The Bank of Namibia affirms that the country's Exchange Control Policies and Laws are designed to foster a supportive investment environment for the emerging oil and gas sector. These policies facilitate foreign direct investments by allowing investors to bring in and repatriate funds through commercial banks, ensuring smooth operations in exploration and capital-intensive projects. Sandra Garises, the regulator's principal communication officer.  

todayAugust 22, 2024 29

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Business / Economics

21st August 2024 Morning Biz News: Telecom Namibia Boosts Network with N$100 Million Investment; Rand Weakens Ahead of Inflation Data

Telecom Namibia Invests N$100 Million to Upgrade Network Telecom Namibia is committing between N$90 million and N$100 million to enhance network quality and expand coverage across the country. This substantial investment includes upgrading several mobile sites from 2G to 3G and 4G technology. CEO Stanley Shanapinda highlighted that these upgrades are aimed at significantly improving network performance and accessibility for users nationwide. South African Rand Depreciates Ahead of Inflation Data […]

todayAugust 21, 2024 11

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Business / Economics

Moneda Invests emphasized the need to empower SMEs At 2nd Oil and Gas Conference

The second annual Namibia Oil and Gas Conference is underway at the Mercure Hotel in Windhoek, with Minister of Mines and Energy Thomas Alweendo set to open the event this morning. On the first day, Precious Ehihamen from Moneda Invests emphasized the need to empower SMEs to enter the oil and gas sector, highlighting their interest but lack of market entry knowledge.  

todayAugust 21, 2024 21

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