insert_link Business / Economics AviaDev Africa Conference explores investment opportunities Global aviation industry leaders are in Windhoek for the Aviation Development Africa Conference, hosted by the Namibia Airports Company at the Movenpick Hotel. This annual forum brings together influential stakeholders, including airlines, airports, tourism boards, government officials, and industry experts. Here is the CEO of AviaDev Africa Jon Howell. Chairperson of the Namibia Airports Company Dr Leake Hangala says Namibia is looking for investment opportunities in the aviation sector. todayJune 19, 2024 114
insert_link Business / Economics Bank of Namibia keeps repo rate at 7.75% The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. Governor of the Bank Johannes !Gawaxab says this policy stance will continue to safeguard the one-to-one link between the Namibia Dollar and the South African Rand and support domestic economic activity. UNAM economics lecturer, Dr. Omu Kakujaha-Matundu, believes that consumers […] todayJune 19, 2024 75
insert_link Africa Six in ten Kenyan professionals are willing to work abroad Fourth global study on international mobility trends by BCG, The Network, The Stepstone Group, and local partner The African Talent Company (TATC) features survey data from more than 150,000 workforce respondents from 188 countries, including Kenya One in four professionals globally and six in ten Kenyan professionals actively seek jobs abroad Australia, the US, Canada, the UK, and Germany round out the top five most desired destination countries […] todayJune 19, 2024 34
Africa Young African innovators are leading the charge on food security By Esther Musembi, bird story agency From innovative energy solutions to effective financing options for farmers and advanced farming practices, young African inventors and entrepreneurs are finding novel ways to take on the continent's food security challenges, it emerged during a recent award ceremony in Nairobi. The award, a project of The Pamoja Founders, a regional leadership development initiative of the International Research and Exchanges […] todayJune 19, 2024 22
insert_link Business / Economics Telkom S.A Reports Strong Financial Performance Driven by Mobile and Fibre Sectors Telkom, South Africa's third-largest mobile operator, has announced robust performance in its mobile and fibre sectors, leading to increased operating profits and margins for 2024. The company reported a 1.6% rise in group revenue to 43.2 billion rand, with core profit up by over 5% to 10 billion rand. Management expressed optimism about paying dividends by 2025, citing their digital infrastructure and ICT capabilities as key drivers for sustainable growth. todayJune 19, 2024 33
insert_link Business / Economics 19 June 2024 Morning Biz News: Global Markets React: Namibia’s Grape Exports Soar, Oil Prices Rise Amidst Tensions, Dollar Weakens on Retail Data 1. Namibia's Table Grape Exports Surge, Reaching N$1.7 Billion The Namibian Agronomic Board (NAB) has reported a significant 19% increase in the country’s table grape exports during the last harvest season, reaching a total value of N$1.7 billion. This growth underscores Namibia’s strengthening position in the international market for agricultural products. Fidelis Mwazi, CEO of NAB, highlighted that stringent quality control measures, including the inspection of 9.3 million cartons, were […] todayJune 19, 2024 29
insert_link Africa KPMG advises Nigeria to attract mining investment via global alliances Multinational audit, tax, and advisory firm, KPMG says Nigeria needs to form alliances with relevant international mining organizations to fully attract foreign investment into the country's solid mineral sector. todayJune 18, 2024 76
insert_link Business / Economics Telecom Namibia partners with Huawei for nationwide network upgrade Telecom Namibia has announced a 5-year partnership with Huawei Technologies Namibia to upgrade its mobile network capabilities and coverage nationwide. This collaboration is part of Telecom Namibia's Integrated Strategic Business Plan 2027, aiming to modernise and expand the tn mobile network. Telecom spokesperson Nomvula Kambinda. todayJune 18, 2024 68
insert_link Business / Economics NamRa extends deadline for tax certificates to April 2025 The Namibia Revenue Agency has extended the transitional arrangements for obtaining Tax Certificates of Good Standing. This means businesses will have more time to comply with the recently revised guidelines. Originally scheduled to come into effect on 1 June 2024 the new guidelines will now be implemented on 1 April 2025. NamRA’s Acting Chief of Strategic Communications and Support Engagements, Victor Musiwa. todayJune 18, 2024 71