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

Business / Economics

1232 Results / Page 56 of 137

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Business / Economics

10 June 2024 Morning Biz News: Business News Highlights: Namibia’s Ocean as Economic Pillar, Volkswagen’s Power Supply Challenges, Oil Price Decline, and Euro’s Reaction to Macron’s Election Call

Namibia’s Ocean: A Vital Economic Resource President Nangolo Mbumba has underscored the significance of Namibia's ocean, describing it as a crucial economic resource for the country. Annually, the ocean generates N$10 billion and contributes 5% to Namibia's GDP. According to The Brief, Mbumba emphasized that this vital asset supports thousands of jobs and ensures food security but is under significant threat from climate change and human activities. The president called […]

todayJune 10, 2024 16

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Business / Economics

Anti-Corruption Commission and Namibia Chamber of Commerce host seminar to promote integrity in business

    The Anti-Corruption Commission in collaboration with the Namibia Chamber of Commerce and Industry held a private sector Ethical Behaviour in Business Seminar under the theme "Building a Culture of Integrity: Collaborative Solutions for a Corruption Free Sector”, with the aim to promote anti-corrupt practices, within the private sector.   SME Compete Director, Danny Meyer, Speaks:

todayJune 6, 2024 24

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Business / Economics

How Dangote refinery is flipping the script on Africa’s oil

      By Bonface Orucho, bird story agency     Nigeria's Dangote refinery, a 650,000 barrels per day facility, has recently exported its first-ever jet fuel cargo to Europe, a move that signals not just growing production, but Africa's potential to become a major player in the global petroleum market. S&P Global in a report on May 30 explains that Bp, a British multinational oil and gas company, transported […]

todayJune 6, 2024 35

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Business / Economics

30 May 2024-6 June 2024 Weekly Economics Wrap

Weekly Economic Wrap: Navigating Regional and Global Trends In the ever-shifting landscape of global economics, the past week has brought forth a tapestry of developments across African and international markets, encapsulating both challenges and opportunities. From Namibia's soaring trade volumes to Nigeria's capital strengthening initiatives, and from South Africa's electoral ripples to international oil market dynamics, here's a comprehensive recap of the key economic events shaping the narrative: Namibia: Trade […]

todayJune 6, 2024 14

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Business / Economics

April 2024 Air Travel Demand Surges According To International Air Transport Association

The International Air Transport Association reported an 11.0% increase in global passenger demand for April 2024 compared to April 2023, with capacity up 9.6% and a load factor of 82.4%. International travel demand rose 15.8%, and domestic demand increased by 4, with load factors of about 82% and 82.6 respectively. All regions showed strong growth, with capacity effectively meeting demand. Here is IATA's Public and Media Relations Advisor, Linden Birns. […]

todayJune 6, 2024 30

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Business / Economics

6 June 2024 Morning Biz News: Economic Resilience and Global Trends: A Snapshot of African Markets

  In a dynamic landscape marked by shifting global tides and regional developments, the economic pulse of African nations remains resilient, showcasing both challenges and opportunities on the horizon. Recent updates from key players in the continent’s financial sphere shed light on noteworthy shifts and trends that impact markets and investor sentiments. 1. Namibia's Fiscal Fortitude: Moody's Ratings' decision to upgrade Namibia's sovereign credit rating outlook from stable to positive […]

todayJune 6, 2024 15

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Africa

Nigerian tycoon taps Zimbabwe for lithium as Africa pushes local development of its mining sector

          By Seth Onyango, bird tsory agency     Nigerian industrialist Benedict Peters’ Bravura Holdings will start production at a Zimbabwean lithium project in 2025, boosting Africa's drive to retain more profits from the global lithium boom, according to mining.com. African Intelligence reported in March that the Nigerian billionaire had acquired an exploration license in the key mining area of Kamativi. Peters' foray into lithium mining […]

todayJune 5, 2024 24

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Business / Economics

By not mining vital minerals, NZ is ‘offshoring its own environmental footprint’ – is that fair?

Getty Images     By Martin Brook, University of Auckland, Waipapa Taumata Rau     When Resources Minister Shane Jones recently unveiled his draft strategy for mineral mining, it was quickly criticised by the Labour opposition as “taking New Zealand backwards”. One environmental group even called it a “love letter to mining companies”. But the government’s ambition to double the sector’s export value to NZ$2 billion by 2035, with flow-on effects […]

todayJune 5, 2024 21

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Business / Economics

Trustco’s Meya Mining Investment confirms $763 million diamond resource

    Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is […]

todayJune 5, 2024 76 2

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