insert_link Business / Economics Bank of Namibia and Development Bank Forge Alliance for Economic Growth The Bank of Namibia and the Development Bank of Namibia have signed a Memorandum of Understanding to bolster economic growth in Namibia. This collaboration aims to enhance their respective roles in driving sustainable economic development and improving social welfare. Sandra Garises, the Bank's principal communication officer. todayJune 18, 2024 83
insert_link Business / Economics 18 June 2024 Morning Biz News: Telecom Namibia Expands Network Amid Global Market Surges and Dollar Weakness Telecom Namibia Expands Network Reach with Huawei Collaboration Telecom Namibia has embarked on an ambitious five-year plan to enhance and extend its mobile network infrastructure across Namibia. This initiative comes as a result of a strategic partnership with Huawei, aiming to introduce cutting-edge mobile technologies including 4G, 4.5G, and 5G. These advancements are poised to deliver faster and more reliable mobile broadband services to TN mobile subscribers nationwide. The collaboration […] todayJune 18, 2024 27
insert_link Business / Economics May vehicle sales increase by 7.5% Vehicle sales reached 966 units in May, marking a 7.5% month-on-month increase from the 899 units sold in April 2024. However, this figure represents a slight decline compared to the 982 units sold in May 2023. Commercial vehicles continue to drive sales in the market, according to Simonis Storm Economist, Halleluya Ndimulunde. todayJune 17, 2024 41
insert_link Business / Economics Namibia hosts Aviation Development Africa Conference Namibia is hosting the Aviation Development Africa Conference this week in Windhoek. The Namibia Airports Company says that the event will boost tourism and draw global aviation industry leaders to Windhoek. With the theme ‘Igniting Connections and Propelling Growth,’ AviaDev Africa has become the leading platform for promoting air travel development on the continent. Here is NAC spokesperson, Dan Kamati with more on the conference. Global aviation industry leaders […] todayJune 17, 2024 53
Africa Africa plays big in a list of top global startup ‘ecosystem contenders’ By Conrad Onyango, bird story agency Africa has the potential to almost double its representation in a prestigious ranking of the world's top 100 startup hubs as cities from its unranked countries control the list of top contenders to watch out for, according to a global index. Currently, only 13 African countries feature in the Startup Blink’s Startup Ecosystem Report 2024, in a list […] todayJune 17, 2024 26
insert_link Africa Ghana’s economic crisis was caused by government borrowing – the central bank did the best it could: economist By Emmanuel Ameyaw, Tohoku University Ghana is going through its worst economic crisis in a generation. The past two years have seen record high inflation in the country. Ghana’s central bank (the Bank of Ghana) has been criticised in some quarters for its role in the country’s economic malaise, which has hit the profitability of Ghanaian banks. The Conversation Africa’s Godfred Akoto Boafo speaks to […] todayJune 17, 2024 15
insert_link Business / Economics Economics Researcher advocates for strong governance frameworks within State-Owned Enterprises Business And Economics Researcher, Josef Sheehama calls for robust governance structures within SOEs, advocating for the independence of boards and clear separation of roles between board chairs and chief executives. This separation, he argued, is crucial to prevent conflicts of interest and ensure focused, effective leadership. todayJune 17, 2024 52
insert_link Business / Economics US FAA investigating fake titanium used in new plane models Both Airbus and Boeing may have made planes with counterfeit titanium in them, according to new information from a supplier which says it had found corrosion in some parts. The US Federal Aviation Administration is investigating the long and short-term safety implications. Reporting for us is Caroline Malone. todayJune 17, 2024 42
insert_link Business / Economics 17 June 2024 Morning Biz News: Pupkewitz Leads as Most Affordable Hardware Store; Rand Strengthens on SA Unity Deal: Biz News Update June 2024 1. Pupkewitz Tops as Most Affordable Hardware Store in Windhoek According to The Brief's latest monthly survey for June 2024, Pupkewitz has emerged as the most affordable hardware store in Windhoek. The survey, which commenced in June last year, compares prices of a standardized basket of hardware items commonly purchased monthly. The stores included in the comparison were Build It, BUCO, Pupkewitz Megabuild, and Ark Trading. Over the past […] todayJune 17, 2024 38