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

Business / Economics

1517 Results / Page 4 of 169

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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 46

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 36

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 19

Business / Economics

06 March Morning Biz News Roundup: Banking Fees, Rand Strengthens, Coffee Price Surge, Canada vs. US Tariffs

Parliament Debates Investigation Into Unethical Banking Fees and Overcharging Parliament is currently engaged in a discussion over a potential investigation into unethical banking fees and overcharging practices in Namibia. Some Members of Parliament (MPs) have voiced concerns about the negative impact high banking fees have on consumers and small businesses, urging for more financial transparency and possible regulatory reforms to address the issue. The proposed motion aims to ensure that […]

todayMarch 6, 2025 26

Business / Economics

Bank of Namibia launches Geingob commemorative banknote

By: Ellen Shihepo The Bank of Namibia has launched the N$60 commemorative banknote in honour of late President Hage Geingob's 60 years of service to the Namibian nation. Governor Johannes !Gawaxab announced at the launch today that the new notes will be issued after two weeks, a period dedicated to awareness campaigns on the security features and fixtures of the new commemorative notes. He said the notes would serve as […]

todayMarch 5, 2025 122