insert_link Business / Economics 19 June 2024 Morning Biz News: Global Markets React: Namibia’s Grape Exports Soar, Oil Prices Rise Amidst Tensions, Dollar Weakens on Retail Data 1. Namibia's Table Grape Exports Surge, Reaching N$1.7 Billion The Namibian Agronomic Board (NAB) has reported a significant 19% increase in the country’s table grape exports during the last harvest season, reaching a total value of N$1.7 billion. This growth underscores Namibia’s strengthening position in the international market for agricultural products. Fidelis Mwazi, CEO of NAB, highlighted that stringent quality control measures, including the inspection of 9.3 million cartons, were […] todayJune 19, 2024 27
insert_link Africa KPMG advises Nigeria to attract mining investment via global alliances Multinational audit, tax, and advisory firm, KPMG says Nigeria needs to form alliances with relevant international mining organizations to fully attract foreign investment into the country's solid mineral sector. todayJune 18, 2024 61
insert_link Business / Economics Telecom Namibia partners with Huawei for nationwide network upgrade Telecom Namibia has announced a 5-year partnership with Huawei Technologies Namibia to upgrade its mobile network capabilities and coverage nationwide. This collaboration is part of Telecom Namibia's Integrated Strategic Business Plan 2027, aiming to modernise and expand the tn mobile network. Telecom spokesperson Nomvula Kambinda. todayJune 18, 2024 61
insert_link Business / Economics NamRa extends deadline for tax certificates to April 2025 The Namibia Revenue Agency has extended the transitional arrangements for obtaining Tax Certificates of Good Standing. This means businesses will have more time to comply with the recently revised guidelines. Originally scheduled to come into effect on 1 June 2024 the new guidelines will now be implemented on 1 April 2025. NamRA’s Acting Chief of Strategic Communications and Support Engagements, Victor Musiwa. todayJune 18, 2024 62
insert_link Business / Economics Bank of Namibia and Development Bank Forge Alliance for Economic Growth The Bank of Namibia and the Development Bank of Namibia have signed a Memorandum of Understanding to bolster economic growth in Namibia. This collaboration aims to enhance their respective roles in driving sustainable economic development and improving social welfare. Sandra Garises, the Bank's principal communication officer. todayJune 18, 2024 71
insert_link Business / Economics 18 June 2024 Morning Biz News: Telecom Namibia Expands Network Amid Global Market Surges and Dollar Weakness Telecom Namibia Expands Network Reach with Huawei Collaboration Telecom Namibia has embarked on an ambitious five-year plan to enhance and extend its mobile network infrastructure across Namibia. This initiative comes as a result of a strategic partnership with Huawei, aiming to introduce cutting-edge mobile technologies including 4G, 4.5G, and 5G. These advancements are poised to deliver faster and more reliable mobile broadband services to TN mobile subscribers nationwide. The collaboration […] todayJune 18, 2024 26
insert_link Business / Economics May vehicle sales increase by 7.5% Vehicle sales reached 966 units in May, marking a 7.5% month-on-month increase from the 899 units sold in April 2024. However, this figure represents a slight decline compared to the 982 units sold in May 2023. Commercial vehicles continue to drive sales in the market, according to Simonis Storm Economist, Halleluya Ndimulunde. todayJune 17, 2024 39
insert_link Business / Economics Namibia hosts Aviation Development Africa Conference Namibia is hosting the Aviation Development Africa Conference this week in Windhoek. The Namibia Airports Company says that the event will boost tourism and draw global aviation industry leaders to Windhoek. With the theme ‘Igniting Connections and Propelling Growth,’ AviaDev Africa has become the leading platform for promoting air travel development on the continent. Here is NAC spokesperson, Dan Kamati with more on the conference. Global aviation industry leaders […] todayJune 17, 2024 47
Africa Africa plays big in a list of top global startup ‘ecosystem contenders’ By Conrad Onyango, bird story agency Africa has the potential to almost double its representation in a prestigious ranking of the world's top 100 startup hubs as cities from its unranked countries control the list of top contenders to watch out for, according to a global index. Currently, only 13 African countries feature in the Startup Blink’s Startup Ecosystem Report 2024, in a list […] todayJune 17, 2024 21