Business / Economics Archives - Page 52 of 184

AR party calls on government to declare a public health emergency in Tsumeb

The Affirmative Repositioning party has called on the government to declare a public health emergency in Tsumeb following a recent study by the University of Bern, Switzerland, which revealed alarming levels of arsenic contamination in the town’s soil, plants, and residents. John Johannes, an AR activist for the Oshikoto Region, urged the government to prioritise the medical needs of affected residents in a statement on Monday. Activist Rob Parker […]

29 January, 2025

Business / Economics

Namibia to host AFI global policy forum in 2025

The Bank of Namibia, in partnership with the Alliance for Financial Inclusion (AFI), will co-host the AFI Global Policy Forum (GPF) in September 2025. The event will bring together global policymakers and regulators to discuss financial inclusion and its role in economic growth. Namibia will use the forum to showcase its progress in financial inclusion and highlight policy innovations that have expanded financial services to individuals and small […]

29 January, 2025

Business / Economics

Telecom Forms Strategic Partnership for Smart Housing Development

Telecom and the National Housing Enterprise. have formed a partnership to advance Namibia’s housing sector by focusing on smart housing. Chief Exec Stanley Shanapinda says the Memorandum of Understanding outlines collaboration in ICT infrastructure, digital services, and affordable housing, combining TN's tech expertise with NHE’s housing solutions.

29 January, 2025

Business / Economics

Morning Biz News Update – 27 January 2025

Namibian Stock Exchange (NSX) Activity On 27 January 2025, the NSX recorded a total volume of 1,575,316 shares traded, valued at N$44.9 million across 34 deals. Financials and Basic Materials were the standout sectors, driving significant trade volumes and values. Year-to-date market activity has reached 4.54 million shares, totaling N$280.17 million across 334 deals. South African Rand Weakens The South African rand weakened yesterday, trading at 18.72 to […]

28 January, 2025

Business / Economics

Namcor reports on operational progress of Venus wells

Exterior view of the NAMCOR (National Petroleum Corporation of Namibia) offices The National Petroleum Corporation of Namibia (Namcor) has made significant progress in its post-well studies for the Venus oil wells. The studies, which include analysing core samples, logging data, and fluid samples, form part of Namibia’s growing oil exploration activities in the Orange Basin. Ongoing collaboration and operational updates Namcor’s latest operational update indicates […]

27 January, 2025

Business / Economics

Namibia and Botswana Officially Slash Roaming Charges

In September last year, the Information and Communication Technology ministry officially announced reduced roaming charges between Namibia and Botswana, effective August last year. In her speech last week, the minister Emma Theofelus reiterated recently that the new tariffs aim to enhance cross-border communication and strengthen bilateral ties. Directed by CRAN and Botswana’s BOCRA, mobile operators like Telecom Namibia, MTC, BTC, Mascom, and Orange Botswana implemented the reductions. Theofelus highlighted […]

27 January, 2025

Business / Economics

Perplexity AI proposes to merge with Tiktok

Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance, according to CNBC. Earlier, US President Donald Trump said he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days. TikTok services were restored last week after Trump said he would revive the app's access in the country after […]

27 January, 2025

Business / Economics

Farmers in Zambezi Region Receive Training on Fodder Planting

Emily Mbeha, a lead farmer and member of the Namibia Nature Foundation, is conducting training for farmers in the Kanono area of the Zambezi region on planting fodder for animal feed. Mbeha explained that the programme, which is supported by agricultural initiatives, aims to assist farmers in overcoming challenges caused by irregular rainfall. One Africa TV NewsOnOne's Ellen Shihepo reports: Catch NewsOnOne on One Africa tv on Gotv 84, […]

27 January, 2025

Business / Economics

Kombat Mine Operations Halted Due to Pump Breakdown

Trigon Metals, the company overseeing the Kombat Mine, has announced a suspension of operations for the next nine months. Speaking to One Africa’s NewsOnOne reporter Eric Mhunduru, Human Resources Manager Mathew Nanyeni, indicated that the disruption is a result of two pump failures, which have led to flooding and made it impossible to continue mining operations.

27 January, 2025