insert_link Business / Economics Theo Baloyi: From Humble Beginnings to CEO of Bathu Shoes, Inspiring Africa Theo Baloyi, the dynamic CEO of Bathu Shoes, recently visited Namibia, sharing his inspiring journey and vision for his company and the African continent. Baloyi's story is one of perseverance, vision, and a deep commitment to creating opportunities and igniting hope. A Journey of Opportunity and Vision "I am the first employee of Bathu," Baloyi began, highlighting his recent promotion to Group CEO. Born in the impoverished Alexander Township in […] todayJuly 8, 2024 60
insert_link Business / Economics 8 July 2024 Morning Biz News: Namibia’s Agricultural Land Prices Surge 21.1%; TotalEnergies Commits to South African Gas Amid Euro Weakness and Stable Oil Prices Namibia’s Agricultural Land Prices Surge by 21.1% in Eight Years Namibia's commercial agricultural land market has experienced a significant uptick, with prices soaring by 21.1% over the past eight years. According to the Namibia Statistics Agency, this surge has propelled the national index to 121.1 basis points in 2023, marking a sustained upward trajectory in land values across the country. TotalEnergies Commits to South African Gas Investments Despite Initial Exit […] todayJuly 8, 2024 42
insert_link Business / Economics Business Summit Namibia Concludes In Windhoek The Business Summit Namibia recently hosted an exhibition in partnership with Yango, FNB Namibia, Fresh FM, the Development Bank of Namibia, and others. Theo Baloyi, CEO of Bathu Shoes in South Africa, delivered the keynote address. todayJuly 8, 2024 47
insert_link Business / Economics SPECIAL FEATURE: LYDIA DANIEL AT THE BUSINESS SUMMIT NAMIBIA At this year's Business Summit Namibia event held over this past weekend, Lydia Daniel, an assistant at Mobile Bliss spoke with us on what motivates her to do business as a 17 year-old. todayJuly 8, 2024 40
insert_link Business / Economics EU imposes tariffs on Chinese electric vehicles The European Union has imposed additional tariffs on Chinese electric vehicles in a move the bloc says is in response to unfair trade practices. The EU accuses China of flooding the European market with heavily subsidized EVs. William Denselow reports from Brussels. todayJuly 5, 2024 36
insert_link Business / Economics 5 July 2024 Morning Biz News: Global Financial Insights: Namibia’s Energy Exploration Highlights, Currency Movements, and Major Market Developments Shell and Galp Energies Applauded for Namibian Exploration Achievements Research firm Wood Mackenzie Exploration Survey has acknowledged Shell and Galp Energies for their notable contributions to the exploration sector, with a special emphasis on their work in Namibia. According to The Brief, the survey gathers insights from industry professionals, who are asked to identify the most admired explorers, excluding their own companies. This recognition highlights the significant strides both companies […] todayJuly 5, 2024 18
insert_link Business / Economics Swaitex organisers invite SMEs to showcase their products With the Swakopmund International Trade Expo currently underway in the Erongo region. The organiser of the event, the Namibia Chamber of Commerce and Industry’s CEO, Charity Mwiya has invited SMEs to network and showcase their products at this year’s Swaitex. Future Media Tara van Eck spoke to Mwiya earlier today. todayJuly 4, 2024 44
insert_link Business / Economics 49% of Namibian consumers struggle with high cost of living Namibian households are struggling financially amid high living costs, according to the latest findings from the Consumer Pulse Study conducted by TransUnion. The study reveals a significant increase in financial strain, with 49% of consumers now anticipating difficulty in fully paying their current bills and loans, up from 45% in Q3 2023. Lara Enslin, CEO of TransUnion Namibia, stressed that these findings reveal a proactive approach by consumers to manage […] todayJuly 4, 2024 40
insert_link Business / Economics Oil discoveries make Namibia a top business travel destination Oil and gas discoveries in Namibia are transforming the country into a high-end business travel destination from a tourist locale for a South African airline. Bloomberg Africa reports that Total Energies SE and Shell Plc have found an estimated 11 billion barrels of oil reserves in Namibia, in what is touted as potentially the biggest-ever deep water find. Namibia has yet to produce crude or gas but has become an […] todayJuly 4, 2024 50