insert_link Business / Economics INTERVIEW: Business and Economics Researcher, Josef Sheehama on TransNamib: A Call for Accountability and Strategic Investment Today, we delve into a pressing issue raised by Josef Sheehama regarding TransNamib, the country's national railway company. His insights are crucial as they highlight the urgent need for investment in infrastructure, coupled with stringent accountability measures. Urgent Need for Investment Josef Sheehama opens the discussion by emphasizing the necessity for the Namibian government to inject funds into TransNamib. He points out the critical areas that require immediate attention: upgrading […] todayMay 27, 2024 17
insert_link Business / Economics 24 May 2024 Morning Biz News: Old Mutual Foundation Boosts Grassroots Entrepreneurs with N$800,000 Investment; Rand Weakens, Dollar Surges: Weekly Business Digest” In the dynamic world of finance and business, every week brings forth a tapestry of developments that shape markets, economies, and opportunities. This week, notable movements in currencies, commodities, and initiatives mark the landscape of economic discourse. Here's a snapshot of the latest financial indicators and significant events impacting the business realm. 1. Old Mutual Foundation's Investment in Grassroots Entrepreneurs The Old Mutual Foundation reaffirms its commitment to fostering […] todayMay 24, 2024 25
insert_link Business / Economics Anglo American rejects BHP offer, again Anglo-American has rejected a third takeover proposal from BHP Group that valued the company at $49.18 billion but agreed to a one-week extension for its rival to table a binding offer. Cirrus Capital Economist Robert McGregor helps make sense of the deal. todayMay 23, 2024 61
insert_link Business / Economics Namibia Statistics Agency releases Q1 2024 producer price data The Namibia Statistics Agency has presented updates on the quarterly Producer Price Indices for ten industries, including mining of uranium and thorium ores, processing and preserving of meat, manufacture of soft drinks, electric power generation, and water collection, treatment, and supply. The PPI covers the first quarter of 2024. NSA spokesperson, Mirjam Shihepo, has more. Namibia's Mining and Quarrying Producer Price Index (NPPI) for the first quarter of 2024 rose […] todayMay 23, 2024 64
insert_link Africa Major global media still fails Africa, but bright spots emerge By Seth Onyango, via bird story agency Despite some progress, a clichéd and often stereotypical coverage of Africa persists among major global media outlets. However, there are notable exceptions like The Guardian, AFP, Al Jazeera, and Reuters, which are breaking the mould with balanced reporting of the continent. Findings from the University of Cape Town's Global Media Index for Africa (GMI) suggest that major news […] todayMay 23, 2024 40
insert_link Africa The world is rushing to Africa to mine critical minerals like lithium – how the continent should deal with the demand By James Boafo, Murdoch University; Eric Stemn, University of Mines and Technology; Jacob Obodai, Edge Hill University, and Philip Nti Nkrumah, The University of Queensland Global demand for critical minerals, particularly lithium, is growing rapidly to meet clean energy and de-carbonisation objectives. Africa hosts substantial resources of critical minerals. As a result, foreign mining companies are rushing to invest in exploration and acquire mining […] todayMay 23, 2024 9
insert_link Business / Economics 16-23 May 2024 Weekly Economic Wrap: Insights and Highlights Bringing you the latest updates and significant developments shaping economies and markets worldwide. Local Insights: The Directorate of Veterinary Services, under Namibia's Ministry of Agriculture, Water, and Land Reform, has lifted its ban on poultry meat imports from South Africa. Only meat sourced from bio-secure farms listed by the Veterinary Authority of South Africa will be permitted into Namibia, ensuring stringent quality control measures. Paratus Namibia Holdings Ltd and Bonben […] todayMay 23, 2024 26
insert_link Business / Economics 23 May 2024 Morning Biz News: Empowering Smallholder Farmers and Supporting Black-Owned Businesses: This Week’s Business Roundup In the dynamic landscape of global business, several significant developments have emerged this week, highlighting strides in empowerment and economic growth. From grassroots initiatives supporting smallholder farmers to multinational corporations investing in community upliftment, here's a roundup of the latest in business news: 1. Empowering Smallholder Farmers with Community-Based Projects Smallholder farmers, often the backbone of agricultural communities, have achieved a remarkable milestone through the World Food Programme's (WFP) […] todayMay 23, 2024 12
insert_link Business / Economics NWR achieves record profit amid tough economic climate The Namibia Wildlife Resorts Board and Management on Tuesday presented the SOEs annual report to the Minister of Finance and Public Enterprises, Ipumbu Shiimi. With a historic N$46 million profit, and clean audit reports for two consecutive years, we asked the NWR spokesperson Nelson Ashipala about the challenges they face. todayMay 22, 2024 33