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

Business / Economics

1232 Results / Page 50 of 137

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Business / Economics

Finance Minister says trade fairs play important role in community development

The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has highlighted the role of trade fairs and expos as platforms fostering meaningful interactions between businesses and communities, ultimately enhancing their daily lives. Speaking at the 14th edition of the Eenhana Expo fundraising gala dinner held on Saturday, Shiimi underscored that these events are not merely gatherings but dynamic forums where innovative ideas are exchanged, partnerships are forged, and solutions are […]

todayJune 24, 2024 22

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Business / Economics

Tourism recovery sees 60.3% occupancy rate in May 2024

International arrivals in the first quarter of 2024 reached 97% of 2019 levels, according to the United Nations World Tourism Organization and Simonis Storm. Despite economic and geopolitical challenges, tourism is recovering, with the national occupancy rate at 60.3% in May 2024. Here’s the Hospitality Association of Namibia's CEO, Gitta Paetzold.

todayJune 24, 2024 30

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Business / Economics

South African freight forwarders association highlights efforts after poor port report rankings

        By Oliver Ochieng, bird story agency     The Southern African Association of Freight Forwarders (SAAFF) has raised concerns over a recent report which assessed over 182,000 vessel calls, 238.2 million moves, and 381 million TEUs in 2023 in an index highlighting performance of ports globally. The Container Port Performance Index (CPPI) 2024, released by the World Bank and S&P Global on June 4, placed several […]

todayJune 24, 2024 43

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Business / Economics

24 June 2024 Morning Biz News: Business News Roundup: Key Developments in the Financial World

1. Savanna Beef Secures N$150 Million Loan for State-of-the-Art Abattoir Namibia’s Savanna Beef has achieved a significant milestone this month by securing a N$150 million loan. This financing will support the construction of an advanced export abattoir, marking a pivotal moment for the country's beef industry. Facilitated by Cirrus Capital and driven by the Beef Value Chain Forum, this collaborative effort underscores Namibia’s commitment to enhancing its agricultural infrastructure. The […]

todayJune 24, 2024 20

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Africa

Tsingshan Begins Production at $1 Billion Steel Plant in Zimbabwe

China's Tsingshan Holding Group has commenced production at its $1 billion steel plant in central Zimbabwe. Reuters reports that the plant, operated by Tsingshan's Dinson Iron and Steel Company, will produce 600,000 metric tons of carbon steel annually in its first phase. Project director Wilfred Motsi announced that pig iron production has begun, with carbon steel production set to start in July.

todayJune 21, 2024 37

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Business / Economics

21 June 2024 Morning Biz News: Biz News Roundup: Economic Insights and Market Movements

  In the dynamic world of business and finance, staying informed about the latest developments is crucial for making sound decisions. Here's a roundup of the most recent updates shaping economies and markets globally: Namibia Shows Resilient Growth in Q1 2024 Namibia's economy demonstrated robust performance in the first quarter of 2024, with a significant growth of N$5.3 billion, marking a 4.7% real growth rate. According to the Namibia Statistics […]

todayJune 21, 2024 12

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