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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 42 of 184

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Business / Economics

In S.A, COPE Urges Godongwana to Prioritize Economic Growth in Budget

To South Africa now, where the Congress of the People is calling on Finance minister, Enoch Godongwana, to deliver a budget that prioritises heightened economic growth. COPE’s, Pake Dikgetsi, says they are warning that austerity measures targeting social services, while billions are lost to corruption will push the country further into a crisis Meanwhile, the GOOD Party Secretary-general, Brett Herron, says as things stand, around 18-million South Africans are poor […]

today19 February, 2025

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Business / Economics

Morning Biz News – 19 February 2025

The Namibian stock market recorded notable trading activity this month, with a total of 940,710 shares exchanged, valued at N$13.4 million across 53 deals. The financial sector led trading volumes, with 1,089,156 shares changing hands, amounting to N$2.6 million. Year-to-date, 8.4 million shares have been traded, totaling N$496.4 million across 660 deals. In South Africa, Statistics South Africa (Stats SA) has delayed the release of the January 2025 inflation report […]

today19 February, 2025

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Business / Economics

BES-Net Trialogue Promotes Biodiversity Solutions

Windhoek is hosting the BES-Net Regional Trialogue for East and Southern Africa, organized by the Environment, Forestry and Tourism ministry, UNDP, and BES-Net. The event aims to strengthen collaboration among experts to address biodiversity challenges. Executive Director Teofilus Nghitila emphasizes the importance of science-driven policies informed by real-world practices. Meanwhile, Alka Bhatia, the UNDP's Resident Representative said the trialogue embodies a spirit of cooperation which is needed to drive meaningful […]

today19 February, 2025

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Business / Economics

NAMCOR Completes Drilling of Sagittarius-1X Well

The National Petroleum Corporation and its partners have completed drilling the Sagittarius-1X exploration well in Block 2914 of the Orange Basin. NAMCOR’s Manager of Marketing, Communications, and Public Relations, Paulo Coelho: indicates that drilling began on 18 December 2024 using the Noble Venturer drillship and reached total depth on 6 February 2025.

today19 February, 2025

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Business / Economics

South Africa is hosting G20 Employment Working Group meetings in Gqeberha

South Africa is hosting G20 Employment Working Group meetings in Gqeberha in the Eastern Cape, focusing on labour and employment issues. The four-day event will cover youth employment, gender equality, income inequality, and digitalisation’s impact. Guest countries from Africa have been invited to enhance regional cooperation. Employment and Labour minister Nomakhosazana Meth says the meetings align with South Africa’s G20 presidency theme of solidarity, equality and sustainability:  

today19 February, 2025

Business / Economics

Namcor and partners complete drilling of Sagittarius-1X, block 2914

By: Hertha Ekandjo The National Petroleum Corporation of Namibia(NAMCOR) and its partners have completed drilling operations for the Sagittarius-1X exploration well in Block 2914, located in the Orange Basin offshore Namibia. NAMCOR made this announcement this afternoon on behalf of the PEL 85 joint venture partner, Rhino Resources. According to NAMCOR, drilling commenced on 18 December 2024 using the Noble Venturer drillship and reached total depth on 6 February 2025. […]

today18 February, 2025

Business / Economics

Economist supports amendments to Usury and Micro Lending Acts

By: Hertha Eknadjo Economist Erastus Nghinomenwa has applauded the discussions by parliament on the need to amend the Usury Act, Bank of Namibia Act and the Microlending Act. Nghinomenwa emphasized the importance of lawmakers discussing amendments, stating that there is often a misunderstanding of what needs to be done to drive economic growth. “When we talk about economic development, we tend to discuss it in isolation. However, it is crucial […]

today18 February, 2025