Namibia-Brazil Business Forum Aims to Boost Trade and Investment Opportunities

Namibia-Brazil Business Forum Aims to Boost Trade and Investment Opportunities

Windhoek will host a business forum on August 19, organized by the Ministry of Industrialization and Trade, the Brazilian Embassy, the Namibia Chamber of Commerce and Industry, and the Namibia Investment Promotion and Development Board.The forum aims to explore investment opportunities and enhance trade relations between Namibia and Brazil. Here's Elijah Mukobonda from the Trade ministry:

August 19, 2024 51

Business / Economics

19 August 2024 Morning Biz News: Pupkewitz Megabuild Reports Major Price Drop; Rand Surges as South African Stocks Hit Record Highs; Epic Games Launches New App Store

Pupkewitz Megabuild Sees Major Price Drop Pupkewitz Megabuild in Windhoek has reported a significant 23.45% decrease in its basket of goods for August. This drop is the largest year-on-year decline among the four hardware stores surveyed by The Brief. Key price reductions include paint, which saw a dramatic fall from N$2,576.00 to N$928.99. Additionally, Door Frame Steel and Roofing Galvanized IBR prices have also decreased, reflecting a broader trend of […]

August 19, 2024 13

Business / Economics

16 August 2024 Morning Biz News: Business Financial Solutions Invests Over N$1.9 Billion in Namibian SMEs, Standard Bank Expands in Angola and Nigeria, and Dollar Strengthens Amid Positive U.S. Economic Data

Business Financial Solutions Drives SME Growth with Over N$1.9 Billion Investment Windhoek, Namibia – Business Financial Solutions has made a significant impact on Namibia's small and medium-sized enterprises (SMEs) through its Namibia Procurement Fund, investing over N$1.9 billion over the past 13 years. According to a report by The Brief, this substantial investment has facilitated the creation of more than 6,200 jobs, the training of over 1,000 SMEs, and the […]

August 16, 2024 14

Business / Economics

Windhoek prepares to host Namibia Oil & Gas Conference

As Namibia prepares up for the upcoming Namibia Oil & Gas Conference in Windhoek next week, Shakwa Nyambe, Founder and Managing Partner of SNC Incorporated, has shared his views on the evolving trends within the oil and gas sector. Nyambe mentioned the changes occurring in the financing of oil and gas projects. In addition to financing, Nyambe pointed out the importance of infrastructure development in the oil and […]

August 15, 2024 43

Africa

Supply chains should make the world better, not worse – it’s time for a rethink

By Ralph Hamann, University of Cape Town; Chien-Ming Chen, Nanyang Technological University; Jury Gualandris, Western University; Kevin Dooley, Arizona State University; Martina Linnenluecke, University of Technology Sydney; Michael L. Barnett, Rutgers University; Miriam Wilhelm, Vienna University of Economics and Business, and Sergio Lazzarini, Institute of Education and Research (INSPER) Every product or service that you consume is part of a supply chain. Supply chains include an array of […]

August 15, 2024 15

Business / Economics

Enhancing Quality of Service within the Postal Sector in Namibia

By Progress Enkali The Communications Regulatory Authority of Namibia (CRAN) regulates postal services in Namibia, designating Namibia Post Limited (NamPost) as the National Postal Service Operator in Namibia. CRAN oversees the implementation of the license conditions subject to the Designated Postal Operator license issued to NamPost in terms of 96 (2) of the Communications Act (No. 8 0f 2009). CRAN aims to improve the efficiency, reliability, and accessibility of postal […]

August 15, 2024 43

Business / Economics

US Inflation drops below 3% for first time in 3 years

Annual inflation in the US dipped below 3 percent in July for the first time in three years according to Labour Department Statistics. That's the lowest level it's been since March 2021, midway through the coronavirus pandemic. With more for us is Benji Hyer from Washington.

August 15, 2024 13

Business / Economics

Moratorium on Petroleum Licenses to Be Lifted

The Mines and Energy ministry has announced that the moratorium on issuing wholesale petroleum licenses, in place since August 2022, will be lifted on Friday. The pause was intended to enhance the ministry's licensing system. Since 2018, the ministry has issued 87 new retail licenses, raising the total to over 500 nationwide. The ministry's Eshioshange Ten Hasheela.

August 15, 2024 29

Business / Economics

Revenue Agency to Suspend Unlicensed Clearing Agents

The Namibia Revenue Agency has announced that clearing agents who do not renew their licenses for 2024 will face suspension. A 30-day grace period will be provided, from August 14 to September 13, for agents to complete their renewal. Failure to renew by the deadline will result in license termination. The agency's Tonateni Shidhudhu.

August 15, 2024 37