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

Business / Economics

1309 Results / Page 58 of 146

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Business / Economics

Tourism Potential Highlighted at African Hospitality Investment Forum

  At the African Hospitality Investment Forum, Connie-Marlene Theyse of FNB Namibia emphasized the country's growing appeal as a tourism and business travel destination. Tourism contributed 7% to Namibia’s GDP in 2022, worth 14.3 billion Namibian dollars. The forum and the recent AviaDev Conference in Windhoek underscore Namibia's potential for further growth and its readiness to welcome more tourists.  

todayJune 26, 2024 49

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Business / Economics

26 June 2024 Morning Biz News: Business News Roundup: Port of Walvis Bay Drops in Rankings, Sibanye Stillwater Seeks $500 Million, Dollar Strengthens, and Oil Prices Fall

  Global Shipping Challenges: The Port of Walvis Bay's Decline The Port of Walvis Bay has experienced a significant drop in global rankings, as highlighted by the World Bank's latest report. Once positioned at 293rd in 2022, the port now finds itself at 382nd out of 405 ports in 2023. The 2023 Container Port Performance Index by High Economic Intelligence identifies several contributing factors to this decline, raising concerns about […]

todayJune 26, 2024 38

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Business / Economics

25 June 2024 Morning Biz News: Global Markets Navigate Volatility: Namibia’s Agricultural Imports Surge, Rand Weakens, Oil Prices Stable, Stocks Mixed Ahead of US Inflation Data

In the dynamic landscape of global markets, several key developments have emerged, impacting economies and industries worldwide. Here's a comprehensive overview of the latest updates: 1. Namibia's Agricultural Imports Surge Amidst Economic Realities Namibia, a nation with a burgeoning agricultural sector, faced significant revelations as Eos Capital Managing Director, Immanuel Kadhila, disclosed that the country imported agricultural products amounting to N$22 billion in 2023. This figure starkly highlights Namibia's heavy […]

todayJune 25, 2024 22

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Business / Economics

Finance Minister says trade fairs play important role in community development

The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has highlighted the role of trade fairs and expos as platforms fostering meaningful interactions between businesses and communities, ultimately enhancing their daily lives. Speaking at the 14th edition of the Eenhana Expo fundraising gala dinner held on Saturday, Shiimi underscored that these events are not merely gatherings but dynamic forums where innovative ideas are exchanged, partnerships are forged, and solutions are […]

todayJune 24, 2024 29

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Business / Economics

Tourism recovery sees 60.3% occupancy rate in May 2024

International arrivals in the first quarter of 2024 reached 97% of 2019 levels, according to the United Nations World Tourism Organization and Simonis Storm. Despite economic and geopolitical challenges, tourism is recovering, with the national occupancy rate at 60.3% in May 2024. Here’s the Hospitality Association of Namibia's CEO, Gitta Paetzold.

todayJune 24, 2024 36

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Business / Economics

South African freight forwarders association highlights efforts after poor port report rankings

        By Oliver Ochieng, bird story agency     The Southern African Association of Freight Forwarders (SAAFF) has raised concerns over a recent report which assessed over 182,000 vessel calls, 238.2 million moves, and 381 million TEUs in 2023 in an index highlighting performance of ports globally. The Container Port Performance Index (CPPI) 2024, released by the World Bank and S&P Global on June 4, placed several […]

todayJune 24, 2024 53

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