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

Business / Economics

1309 Results / Page 48 of 146

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Business / Economics

INTERVIEW: Business and Economics Researcher Josef Sheehama on Interest Rate Cuts

    In the midst of heated debates and mixed emotions surrounding the potential for a Federal Reserve interest rate cut, Business and Economics Researcher Josef Sheehama provides insightful analysis on the matter. Sheehama notes that current economic indicators suggest a favorable environment for a rate cut. "If we look at the current inflation trends, we see that inflation is starting to cool off, with some prices beginning to decline. […]

todayJuly 29, 2024 31

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Business / Economics

29 July 2024 Morniing Biz News: UCOM and BDQ Partner to Revitalize Namibia’s Telecom Sector; Rand Gains Against Dollar Amidst U.S. Inflation Data

UCOM and BDQ Mobile Network Solutions Partner to Boost Namibia's Telecom Sector In a strategic move set to transform Namibia’s telecommunications landscape, UCOM has entered into a significant 10-year partnership with BDQ Mobile Network Solutions. According to The Brief, this collaboration aims to rejuvenate Namibia's third mobile phone operator through the deployment of cutting-edge telecommunications equipment and advanced technological solutions provided by BDQ and American-based VANU Technology. This initiative promises […]

todayJuly 29, 2024 26

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Business / Economics

Keetmanshoop Expo Raises N$238,000 in Pledges for 2024 Event

The fundraising gala dinner for the Keetmanshoop Agricultural, Industrial, and Tourism Expo raised nearly N$238,000 in pledges. The 68th event, scheduled for 29 October to 01 November, will focus on "Tourism and Green Investment for Inclusive Economic Development." Patron Benedictus Diergaardt emphasized the expo's role in fostering partnerships and promoting sustainable tourism and green investments to drive economic growth and job creation in Namibia.

todayJuly 29, 2024 32

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Business / Economics

26 July 2024 Morning Biz News: Key Developments Impacting the Market

  Cabinet Approves Baynes Hydropower Project The Namibian Cabinet has given the green light for the implementation of the bi-national Baynes Hydropower Project. This approval also includes the expedited construction of a road to the project site, set to commence in September. The decision follows a June meeting between Angola’s Minister of Energy and Water, Joắo Baptista Borges, and Namibia’s Minister of Mines and Energy, Tom Alweendo. During the meeting, […]

todayJuly 26, 2024 20

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Business / Economics

Letshego Bank Namibia Appoints Denver Beukes to Manage Home Loans Department

    Unlocking home ownership dreams one loan at a time, Letshego Bank Namibia is delighted to announce the appointment of Denver Beukes as its new Home Loans Manager. Beukes, a mortgage lending specialist with over 15 years of industry experience, joins Letshego Bank from 2020 Financial Solutions. This strategic appointment enhances Letshego Bank’s position in the mortgage lending industry, reinforcing its commitment to improving customer service. Beukes will manage […]

todayJuly 25, 2024 27

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Business / Economics

Egypt raises fuel prices as part of IMF-backed reforms

      Egypt announced Thursday a 15-percent increase in petrol prices, part of a reform package requested by the International Monetary Fund to proceed with a $5 billion loan to the cash-strapped government. The Egyptian petroleum ministry said the price hike would come into effect on Friday. The announcement comes ahead of an IMF meeting on Monday to review the April payout package, unlocking $820 million in funds after […]

todayJuly 25, 2024 10

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Business / Economics

Weekly Economics Wrap: 18-July 25, 2024

  Namibia Pension-Backed Housing Loans: The Government Institutions Pension Fund (GIPF) is advancing plans for a pension-backed housing loan scheme. The initiative will leverage its subsidiary Kuleni Financial Services and housing loan fund manager First Capital Treasury Solutions. A Memorandum of Agreement is under review by the Office of the Prime Minister, as reported by The Brief. Coastal Desalination Project: NamWater and Husab Mine are set to achieve financial closure […]

todayJuly 25, 2024 23

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Business / Economics

25 July 2024 Morning Biz News: NamWater and Husab Mine’s N$3 Billion Desalination Project Nears Financial Closure; Shein Expands with Johannesburg Pop-Up; Eni Sells Nigerian Oil Unit to Oando; Currency and Commodity Markets Update

NamWater and Husab Mine Set for Major Coastal Desalination Project NamWater and Husab Mine are poised to achieve financial closure for their ambitious N$3 billion coastal desalination project by year-end, according to The Brief. NamWater CEO Abraham Nehemia confirmed that Husab Mine will cover the construction costs, sparing NamWater the task of independently securing the full N$2.5 to N$3 billion required for the project. Shein Expands with New Pop-Up Store […]

todayJuly 25, 2024 48

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Business / Economics

Climate activists target airports

Climate protestors are promising further disruption to air travel after targeting one of Germany's busiest airports on Wednesday. Trent Murray has the details.     Last Generation has called for the German government to engage in a global agreement aimed at ending the use of fossil fuels, such as oil, gas, and coal, by 2030. The group has announced plans for similar "peaceful, civil protests" at airports across Europe and […]

todayJuly 24, 2024 42

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