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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Business / Economics

1232 Results / Page 54 of 137

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Africa

Ghana’s economic crisis was caused by government borrowing – the central bank did the best it could: economist

      By Emmanuel Ameyaw, Tohoku University     Ghana is going through its worst economic crisis in a generation. The past two years have seen record high inflation in the country. Ghana’s central bank (the Bank of Ghana) has been criticised in some quarters for its role in the country’s economic malaise, which has hit the profitability of Ghanaian banks. The Conversation Africa’s Godfred Akoto Boafo speaks to […]

todayJune 17, 2024 14

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Business / Economics

17 June 2024 Morning Biz News: Pupkewitz Leads as Most Affordable Hardware Store; Rand Strengthens on SA Unity Deal: Biz News Update June 2024

  1. Pupkewitz Tops as Most Affordable Hardware Store in Windhoek According to The Brief's latest monthly survey for June 2024, Pupkewitz has emerged as the most affordable hardware store in Windhoek. The survey, which commenced in June last year, compares prices of a standardized basket of hardware items commonly purchased monthly. The stores included in the comparison were Build It, BUCO, Pupkewitz Megabuild, and Ark Trading. Over the past […]

todayJune 17, 2024 35

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Business / Economics

14 June 2024 Morning Biz News: Global Financial Developments: From Loans to Levies, Markets React Amidst Economic Shifts

1. Paratus Namibia Holdings Successfully Raises N$175 Million through Floating-Rate Notes Paratus Namibia Holdings Limited, in collaboration with Cirrus Capital, has achieved a significant milestone in the financial markets with the successful auction of N$175 million in floating-rate notes. Despite facing a total demand of N$557 million, the issuance was fully allocated, underscoring strong investor confidence and appetite for high-quality debt instruments in Namibia's financial landscape. This development marks a […]

todayJune 14, 2024 24

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Africa

African airlines headed for 100 million passengers milestone

        By Conrad Onyango, bird story agency     African airlines are likely to cross the 100 million passengers mark for the first time in 2025, on the back of an aggressive push to open new routes and increased frequencies by local carriers. The African Airlines Association (AFRAA) projects the passenger numbers will reach 98 million by close of the year 2024 - a 15% rise compared […]

todayJune 13, 2024 11

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Business / Economics

6-13 June 2024 Weekly Economics Wrap: Namibia’s Fuel Sector Divestment, African Trade Growth, and Global Market Shifts

Namibia: Vitol Emerald Bidco to Divest Service Stations In a bid to uphold fair competition standards, Vitol Emerald Bidco (Pty) Ltd is set to divest from 58 Engen and Shell service stations across Namibia. This move comes as a requirement following Vitol's acquisition of Engen Ltd, with the Namibian Competition Commission imposing the condition to prevent monopolistic dominance. The decision aims to ensure a level playing field in the country's […]

todayJune 13, 2024 16

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Business / Economics

13 June 2024 Morning Biz News: Biz News Roundup: Key Developments in Property Legislation, Corporate Earnings, Oil Prices, and Currency Movements

  Property Practitioners Bill Introduced in Parliament In a significant legislative move, the Namibian Parliament has introduced the Property Practitioners Bill, aiming to overhaul and modernize the country’s property sector. According to a report by The Brief, this Bill is set to replace the outdated Estate Agents Act of 1976. The proposed legislation will establish the Property Practitioners Regulatory Authority, which is designed to enhance consumer protection and ensure more […]

todayJune 13, 2024 21

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