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

Business / Economics

1309 Results / Page 44 of 146

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Business / Economics

6 August 2024 Morning News:Business News Roundup: Ministry of Mines Charter, Pick n Pay Raises Funds, Oil Prices Surge, and U.S. Dollar Falls

Ministry of Mines and Energy Launches Customer Service Charter The Ministry of Mines and Energy has pledged to expedite processes within the extractive industry as part of its newly launched Customer Service Charter. Speaking at the launch on Monday, Executive Director Penda Ithindi outlined a series of measures aimed at improving efficiency and transparency in the sector. This initiative is expected to significantly enhance the Ministry's responsiveness and service delivery, […]

todayAugust 6, 2024 14

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Business / Economics

5 August 2024 Morning Biz News: July Retail Basket Costs Drop, Rand Strengthens, and Markets React to Economic Uncertainty

  In July, OK Foods saw a notable decrease in basket costs, dropping by 9.9%, as reported by The Brief. Conversely, Choppies experienced a rise of 4.7% in basket costs. Other major retailers also reported price reductions, with Spar offering the lowest price for Top Score 5kg. Among hypermarkets, Woermann Brock emerged as the most affordable, while Metro saw the highest increase in basket costs. On Friday, the South African […]

todayAugust 5, 2024 15

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Business / Economics

2 August 2024 Morning Biz News: Namibia Lifts Vehicle Acquisition Ban, Tiger Brands Expands in South Africa, Currency Fluctuations Impact Global Markets

Government Lifts Ban on Vehicle Acquisitions Finance Minister Iipumbu Shiimi announced that the Namibian government has lifted the five-year ban on acquiring new vehicles for ministers and government employees. This moratorium, initially imposed by the late President Hage Geingob in 2020, follows a previous halt in 2015 by former Finance Minister Calle Schlettwein as part of austerity measures. The move marks a significant policy shift and could lead to increased […]

todayAugust 2, 2024 28

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Business / Economics

FNB Namibia Anticipates Inflation Drop to 4.4%

FNB Namibia forecasts a decrease in headline inflation from 4.6% in June this year to 4.4% last month. This decline is mainly due to reduced transport inflation, linked to eased costs in personal transport and vehicle purchases. The drop is supported by recent global oil price stabilization and the Mines and Energy ministry's July fuel price cuts. Helena Mboti, an Economist at FNB Namibia.  

todayAugust 2, 2024 78

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