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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 51 of 184

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Business / Economics

European Union’s global gateway supports Namibia-Portugal deal

  The Namibian Ports Authority (Namport) and the Port Administration of Sines and Algarve, SA (Administracão dos Portos de Sines e do Algarve) have signed a Memorandum of Understanding (MoU) to collaborate on the development of sustainable, green, and digital logistics corridors. The agreement aims to strengthen trade, connectivity, and investment between Namibia and Portugal, leveraging the two countries' historical and economic ties. Namport CEO Andrew Kanime.   Namport CEO, […]

today30 January, 2025

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Business / Economics

SA Reserve Bank eyes third consecutive rate cut

    The South African Reserve Bank (SARB) is expected to lower the benchmark interest rate by 25 basis points to 7.5% on Thursday, marking the third consecutive rate cut. The decision, expected to be unanimous among the six-member monetary policy committee, comes as the central bank navigates economic uncertainty driven by global factors.     Governor of the SARB, Lesetja Kganyago      Governor Lesetja Kganyago will announce the […]

today30 January, 2025

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Business / Economics

S.A’s Eskom settles with PWC in collapsed cost-cutting consultancy deal case

  S.A's Eskom has settled with PricewaterhouseCoopers in a case concerning a collapsed cost-cutting consultancy deal. The case sought to nullify a cost reduction contract known as the Capital Scrubbing engagement and recover payments made to PwC and subcontractor Nkonki. The project was also scrutinised during the State Capture Commission of Inquiry. Eskom’s spokesperson, Daphne Mokwena, says management’s commitment to dealing with cases arising from the findings of the commission […]

today30 January, 2025

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Business / Economics

Kombat Copper Mine to Suspend Operations for Nine Months

  The Kombat copper mine will cease operations at 16:00 on Friday, with a planned suspension lasting a minimum of nine months. This decision comes after recent pump failures resulted in underground flooding. Although Trigon Metals, the Canadian owners of the mine, have yet to make an official statement, Vice President of Corporate Development, Tom Panoulias, indicated that a press release will be issued shortly. Over 100 miners have already […]

today30 January, 2025

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Business / Economics

One Africa Tv highlights Windhoek’s unemployed

  Many unemployed men in Windhoek wait by the roadside for job opportunities, but some have gone years without success. On the ground for us and now reporting is One Africa TV's NewsOnOne journalist Ketemba Tjipepa: The Statistics Agency puts the unemployment in Kavango West as a surge from 33% in 2018 to 52.8% in 2023, while Omusati and Ohangwena also saw sharp increases. NSA puts the national stats at […]

today30 January, 2025

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Business / Economics

Namibia Commits to Green Industrial Ecosystem

Despite global setbacks in climate action, including the reversal of key climate policies by US President Donald Trump, Namibia remains steadfast in its commitment to building a green industrial ecosystem. This includes continuing with clean energy projects like green hydrogen. Green Hydrogen Commissioner James Mnyupe discusses the approach.  

today30 January, 2025

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Business / Economics

Labor Expert Weighs In On NSA Unemployment Stats release

  According to the Statistics Agency, the local unemployment rate now stands at 36.9%, compared to 33.4% in 2018. Statistician General Alex Shimuafeni announced the figures yesterday: For comment, Labor Analyst Herbert Jauch: Josef Kefas Sheehama, an Economics and Business Researcher, raises concerns about the accuracy of unemployment data, questioning survey definitions and government use for planning. Commenting on a social media post, the expert cautions that the rising unemployment […]

today30 January, 2025

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Africa

Mission 300 summit in Tanzania addresses Africa’s electricity access

Leaders from government, development organisations, the private sector, and civil society gathered in Dar es Salaam, Tanzania, on January 27-28, 2025, for Mission 300: The African Energy Summit. The summit aims to strengthen global efforts to improve electricity access across sub-Saharan Africa.   Agence Française de Développement (AFD) Group, CEO Rémy Rioux     AFD’s €1 Billion Commitment to Energy Access   The Agence Française de Développement (AFD) Group has […]

today29 January, 2025