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

Business / Economics

1309 Results / Page 45 of 146

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Business / Economics

Namibia’s merchandise trade deficit shrinks in June 2024

The Namibia Statistics Agency has released the latest trade statistics bulletin which shows that during June 2024, the country’s trade balance stood at a deficit of N$825 million, a notable improvement when compared to N$3.4 billion and N$1.5 billion recorded in May 2024 and June 2023, respectively. The data also revealed that China emerged as Namibia’s largest market for exports while South Africa took the first position on imports. NSA […]

todayAugust 1, 2024 50

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Business / Economics

25 July-1 2024 August Weekly Economics Wrap: Telecom Namibia’s Major Upgrade, Rand Strengthens, Shoprite Growth, and Global Financial Updates

  Namibian Telecom Sector Gets a Boost UCOM and BDQ Mobile Network Solutions have launched a 10-year partnership to rejuvenate Namibia’s third mobile phone operator. According to The Brief, BDQ, in collaboration with American-based VANU Technology, will introduce cutting-edge telecommunications infrastructure to enhance service quality across the nation. Telecom Namibia has also made headlines by activating the Equiano subsea cable. This major development promises to significantly improve internet connectivity with […]

todayAugust 1, 2024 18

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Business / Economics

Weekly Economics Wrap: 25 July – 1 August 2024: Telecom Upgrades in Namibia, Rand Strengthens, and Global Market Highlights

  Namibian Telecom and Connectivity Upgrades UCOM and BDQ Mobile Network Solutions have announced a significant 10-year partnership aimed at revitalizing Namibia’s third mobile phone operator. BDQ, in collaboration with American-based VANU Technology, will deploy advanced telecommunications infrastructure to enhance service quality. In related news, Telecom Namibia has successfully activated the Equiano subsea cable. This major development promises to greatly improve internet connectivity with 12 fiber pairs and a design […]

todayAugust 1, 2024 23

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Business / Economics

Fed keeps rates unchanged

The Federal Reserve has left interest rates unchanged at its two-day meeting, but suggested a September rate cut could be on the cards. The central bank said inflation was getting closer to its 2% target, but there's still work to do. Sally Patterson reports from New York.  

todayAugust 1, 2024 25

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Business / Economics

01 August 2024 Morning Biz News: Telecom Namibia Launches Equiano Cable; Rand Strengthens; Fed Holds Rates; Samsung Sees Record Growth

Telecom Namibia Activates Equiano Cable: Boosting ICT in the Region Telecom Namibia has officially activated its capacity on the Equiano subsea cable, marking a significant milestone for the country's ICT sector. The Equiano cable, commissioned by Google, establishes Namibia as a key player in regional information and communication technology. It connects Namibia to Europe via Portugal and links to other parts of Africa through Cape Town and Johannesburg, enhancing the […]

todayAugust 1, 2024 34

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Business / Economics

Tik Tok Singapore office hit by mass food poisoning

Dozens of staff at the Singapore office of TikTok's parent company, ByteDance, have been hospitalised in an apparent food poisoning outbreak. At least 60 people were affected, with 57 treated in hospital. Laura Westbrook reports from Hong Kong.     A total of 60 staff were left suffering symptoms of gastroenteritis, with 57 of them needing hospital treatment. The Singapore Civil Defence Force sent 15 ambulances to the scene, according […]

todayJuly 31, 2024 61

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Business / Economics

Rössing Foundation supports MSMEs in Oshana and Erongo region

Micro, Small, and Medium Enterprises belonging to youth, women, and people with disabilities in the Oshana and Erongo regions will soon become the beneficiaries of essential business advisory services, branding classes, and other key business-building tools through a N$ 500 000 sponsorships from the Rössing Foundation. Namibia Investment Promotion and Development Board spokesperson, Titus Shivute explains how the process will work.  

todayJuly 31, 2024 24

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Africa

Green energy for all: Zimbabwe will need a new social contract to roll out projects like solar power

        By Ellen Fungisai Chipango, University of Johannesburg and Long Seng To, Loughborough University     The Zimbabwean government is racing against time to meet the United Nations’ Sustainable Development Goal 7: affordable, reliable, sustainable and modern energy for all by 2030. However, the race towards green energy is top-down and mostly privatised. New technology is being introduced or sold to individuals or small families, but renewable […]

todayJuly 31, 2024 17

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Business / Economics

Saving for retirement in South Africa? Four tips to navigate the new pension rules

      By Adrian Saville, University of Pretoria     South Africa is changing its pension laws. The new system is designed to give individuals the opportunity to access only a portion of their retirement funds before they retire in the case of dire need – or even in case of desire. To an extent, this makes sense, given the low savings rate in the country. It forces individuals […]

todayJuly 31, 2024 16

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