play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
Go to album
  • play_arrow

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

Business / Economics

1232 Results / Page 48 of 137

Background
insert_link

Business / Economics

Relief for motorists as the Ministry of Mines and Energy announces fuel reduction

The Ministry of Mines and Energy has announced that petrol prices will decrease by 80 cents per litre,  diesel with 50ppm will decrease by 60 cents per litre and diesel 10ppm will decrease by 70 cents per litre. The changes come into effect on Wednesday 3 July 2024. Cirrus Capital economist Robert McGregor says despite the decreases we face for July, the fuel prices for both diesel and petrol are […]

todayJuly 1, 2024 45

insert_link

Africa

Botswana’s economy contracted in Q1

Botswana’s economy contracted after diamond production dropped. Gross domestic product shrank an annual 5.3% in the first quarter, compared with growth of 1.9% in the prior three months. The downturn, according to Statistics Botswana was primarily influenced by a decrease in real value added of the diamond traders and mining & quarrying industries of 46.8% and 24.8% respectively. Botswana is the world’s largest producer of rough diamonds by value, with the […]

todayJuly 1, 2024 14

insert_link

Business / Economics

Air France says Olympic Games has cut summer traffic to Paris

        Air France-KLM warned Monday that the Olympic Games would lead to a drop in revenues of up to 180 million euros ($193 million), due to a decline in travel to Paris over the summer. Some 15 million visitors are predicted to attend the Games, including two million from abroad, according to the Centre for Law and Economy of Sport (CDES), which has been monitoring the Paris […]

todayJuly 1, 2024 23

insert_link

Business / Economics

1st July 2024 Morning Biz News: OK Foods Cuts Costs, Rand Rallies, Oil Prices Rise, and Euro Gains Amid Political Shifts

OK Foods Leads with Significant Basket Cost Reduction OK Foods has demonstrated remarkable cost management, recording the largest year-on-year decrease in basket cost among the seven stores surveyed by The Brief. The basket cost, which was close to N$1100 in June last year, has dropped by 11.65% to N$984.11 this past June. This reduction highlights OK Foods' commitment to providing value to its customers amidst challenging economic conditions. South African […]

todayJuly 1, 2024 19

insert_link

Business / Economics

28 June 2024 Morning Biz News: Namibia’s Investment Strength, Rand Decline, Oil Prices Surge, and Dollar Dominance

As of December 31 last year, members of the Namibia Savings and Investment Association (NaSIA) managed over 75% of the country's $252 billion in assets under management, according to a report by The Brief. This impressive feat places Namibia seventh globally in contractual saving rates, trailing only behind developed nations. The robust performance of NaSIA highlights the country's growing emphasis on savings and investment, which are crucial for economic stability […]

todayJune 28, 2024 14

insert_link

Business / Economics

Businesses must declare owners, says BIPA

Following the introduction of the beneficial ownership requirement, which became law in 2023, all registered businesses are now required to declare their beneficial owners. We spoke to Ockert Jansen, the Business and Intellectual Property Authority's Executive of Marketing, Corporate Communications, and Client Management Services, to find out if local businesses have complied and the possible repercussions.

todayJune 27, 2024 41

insert_link

Business / Economics

NCCI plans Swakopmund trade expo in July

The 9th Namibia Chamber of Commerce and Industry Swakopmund International Trade Expo will be held from July 1st to 6th, 2024, at Vineta Sports Stadium in Swakopmund. The official ceremony on July 3rd will be attended by President Nangolo Mbumba and Botswana’s President Makgweetsi Masisi. The Expo will also include business seminars aimed at influencing policy direction. Here’s NCCI Economist, Milner Siboleka, with more.

todayJune 27, 2024 107

insert_link

Business / Economics

20-27 June 2024 Weekly Economics Wrap: Global and African Markets in Focus

  This week in economic news, several key developments have shaped financial landscapes across Africa and globally. Namibian Market Highlights: Savanna Beef Secures N$150 Million for Export Abattoir: Savanna Beef has successfully secured a N$150 million loan to construct an advanced export abattoir. This initiative, spearheaded by the Beef Value Chain Forum and facilitated by Cirrus Capital, aims to enhance Namibia's beef export capabilities, as reported in The Brief. Trustco […]

todayJune 27, 2024 17

0%