insert_link Business / Economics Information and Communication Technology ministry Facilitates Public-Government Dialogue on Enhancing Service Delivery The Information and Communication Technology ministry organized an information-sharing session with the goal of fostering closer engagement between the government and the public, centered around the theme of Enhancing Service Delivery in the Public Sector through Communication. ICT Minister, Emma Theofelus. todayJune 20, 2024 24
insert_link Business / Economics Nvidia dethrones Microsoft as most valuable company Nvidia has overtaken Microsoft and Apple to become the world's most valuable public company. The computer chip maker — at the heart of the artificial intelligence boom — now has an overall market valuation of $3.34 trillion, roughly N$ 60 trillion, with the price having nearly doubled since the start of this year. Benji Hyer reports. CNBC further reports that Nvidia shares are up more than 170% so far this […] todayJune 19, 2024 19
insert_link Africa Nigeria offers oil blocks for bidding Nigeria has announced 17 new oil blocks for bidding by investors. It brings the total blocks on offer by the country to 36 for the 2024 oil bid round. Tesem Akende reports from Jos. todayJune 19, 2024 12
insert_link Business / Economics Rössing hosts uranium sustainability conference Rössing Uranium, now under the majority shareholding of China National Uranium Corporation, hosted the "Namibia Natural Uranium Sustainable Development" Conference in Windhoek on Tuesday. Johan Coetzee, Managing Director of Rössing Uranium, announced plans to extend the mine's life beyond 2036. todayJune 19, 2024 82
insert_link Business / Economics AviaDev Africa Conference explores investment opportunities Global aviation industry leaders are in Windhoek for the Aviation Development Africa Conference, hosted by the Namibia Airports Company at the Movenpick Hotel. This annual forum brings together influential stakeholders, including airlines, airports, tourism boards, government officials, and industry experts. Here is the CEO of AviaDev Africa Jon Howell. Chairperson of the Namibia Airports Company Dr Leake Hangala says Namibia is looking for investment opportunities in the aviation sector. todayJune 19, 2024 104
insert_link Business / Economics Bank of Namibia keeps repo rate at 7.75% The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. Governor of the Bank Johannes !Gawaxab says this policy stance will continue to safeguard the one-to-one link between the Namibia Dollar and the South African Rand and support domestic economic activity. UNAM economics lecturer, Dr. Omu Kakujaha-Matundu, believes that consumers […] todayJune 19, 2024 64
insert_link Africa Six in ten Kenyan professionals are willing to work abroad Fourth global study on international mobility trends by BCG, The Network, The Stepstone Group, and local partner The African Talent Company (TATC) features survey data from more than 150,000 workforce respondents from 188 countries, including Kenya One in four professionals globally and six in ten Kenyan professionals actively seek jobs abroad Australia, the US, Canada, the UK, and Germany round out the top five most desired destination countries […] todayJune 19, 2024 30
Africa Young African innovators are leading the charge on food security By Esther Musembi, bird story agency From innovative energy solutions to effective financing options for farmers and advanced farming practices, young African inventors and entrepreneurs are finding novel ways to take on the continent's food security challenges, it emerged during a recent award ceremony in Nairobi. The award, a project of The Pamoja Founders, a regional leadership development initiative of the International Research and Exchanges […] todayJune 19, 2024 20
insert_link Business / Economics Telkom S.A Reports Strong Financial Performance Driven by Mobile and Fibre Sectors Telkom, South Africa's third-largest mobile operator, has announced robust performance in its mobile and fibre sectors, leading to increased operating profits and margins for 2024. The company reported a 1.6% rise in group revenue to 43.2 billion rand, with core profit up by over 5% to 10 billion rand. Management expressed optimism about paying dividends by 2025, citing their digital infrastructure and ICT capabilities as key drivers for sustainable growth. todayJune 19, 2024 25