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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 53 of 184

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Business / Economics

Economic and Social Justice Trust Discusses ReconAfrica Allegations

  Rob Parker from the Economic and Social Justice Trust of Namibia spoke with Future Media News and revealed that ReconAfrica has faced serious allegations, including falsifying community consultations and delaying legal cases since 2022. Parker mentioned a petition and also highlighted concerns from international stakeholders about the company’s operations impacting Canada's $1.4 billion investment in Namibia and Botswana alongside that of Dundee Precious Metals in Tsumeb.  

today27 January, 2025

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Business / Economics

Namdia Heist: More questions, lots of confusion

Namib Desert Diamonds (Namdia) Head Office, Cnr of Dr Kwame Nkrumah. Avenue & Dr Sam Nujoma Drive. Klein Windhoek. By Wonder Guchu "Apart from the media causing so much confusion, the whole Namib Desert Diamonds (Namdia) heist is as baffling as it is unbelievable that three people could contemplate pulling off such a multi-million-dollar robbery in broad daylight. And just why would a well-known squash player be so daring to […]

today22 January, 2025

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Business / Economics

FNB Namibia house price index reports 7% growth in Q3 2024

    The FNB Namibia House Price Index for the third quarter of 2024 has revealed a growth of 7%, with notable increases observed in the central, coastal, and northern regions. However, the southern regions continued to experience sluggish growth. According to Market Research Manager at FNB Namibia, Mandisa Van Wyk, the growth in house prices was also supported by improved transaction volumes, although they remain in contraction.     […]

today22 January, 2025

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Business / Economics

Prosus Group eyes artificial intelligence to revolutionise e-commerce

  World Economic Forum in Davos, Switzerland 2025   As world leaders and business entrepreneurs meet in Davos, Switzerland for the 2025 Annual Meeting of the World Economic Forum, global decision-makers are gathered under the theme “Collaboration for the Intelligent Age.” From 20-24 January 2025, the event will bring together nearly 3,000 participants from over 130 countries, including more than 1,600 business leaders, 900 top CEOs, and over 350 governmental […]

today22 January, 2025

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Business / Economics

Donald Trump unveils AI investment in USA

  US President Donald Trump has announced billions of dollars in private sector investment to construct artificial intelligence infrastructure in the country. On his first full day in office, he unveiled a joint venture called Stargate — which he's calling the "largest AI infrastructure project in history." It follows him signing an executive order on Monday overturning policies which were aimed at monitoring and regulating AI risks. Our reporter Benji […]

today22 January, 2025

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Business / Economics

Presidential advisor calls for better industry security in the wake of Namdia robbery

  Namib Desert Diamonds head office, Windhoek   Presidential Economic Advisor James Mnyupe says that he does not believe the robbery at Namib Desert Diamonds will have a significant impact on the economy. He said the incident shows the value of Namibia's commodities, such as diamonds, which are highly sought after globally. Mnyupe called for improvements in security concerns within the industry.  

today21 January, 2025

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Business / Economics

Two arrested in Namdia robbery and some stolen diamonds recovered

  Namdia Head Office   An armed robbery took place at Namib Desert Diamonds on Saturday, during which an unspecified number of diamonds were stolen. The value of the stolen diamonds is still to be determined. In response, we reached out to Deputy Inspector General Elias Mutota for an update on the ongoing investigation. "We have arrested two suspects, and we have recovered some of the diamonds," Mutota confirmed. "Our […]

today20 January, 2025

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Business / Economics

Mining threatens tourism

Namibia's growing mining activities are raising concerns over the encroachment on national parks. With these parks serving as tourist attractions, the debate over prioritising mining or tourism income has become an urgent sustainability topic. Beyond revenue considerations, the conservation of the country's rich natural resources is at stake. Many of the mined resources are destined for export, while tourism provides direct financial benefits and supports local communities. This has led […]

today20 January, 2025