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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 64 of 184

Business / Economics

“No one will win a trade war,” Says China

Neither the US nor China would win a trade war, the Chinese embassy in Washington said on Monday, after president-elect Donald Trump vowed additional tariffs on China as well as US neighbors Canada and Mexico. Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday. Laura Westbrook has more.

today26 November, 2024

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Business / Economics

2024 Producer Price Index Update Reveals Mixed Sectoral Trends

The Producer Price Index has been rebased to 2022, offering more accurate insights into the nation's economic trends. The new reference period, set for June , highlights a shift in price movements across sectors, with mining showing growth year-on-year, but a slight quarterly contraction. Meanwhile, manufacturing saw modest price reductions overall, though dairy and fish processing experienced notable increases. The updated PPI will provide businesses and policymakers with a clearer […]

today22 November, 2024

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Business / Economics

NBL Promotes Zero-Tolerance for Drinking and Driving During the Festive Season

Namibia Breweries Limited is reinforcing its commitment to road safety this festive season with a zero-tolerance stance on drinking and driving. Partnering with road safety stakeholders, NBL aims to promote responsible consumption through its Festive Season Road Safety Campaign. The company has contributed N$200,000 to support law enforcement and awareness efforts, including donations of reflector jackets for officers and a road safety radio show. NBL also encourages the use of […]

today22 November, 2024

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Business / Economics

Gondwana Collection Namibia Opens State-of-the-Art Facility at Hosea Kutako Airport

  Gondwana Collection Namibia has unveiled its new Namibia2Go facility at Hosea Kutako International Airport, aiming to enhance travel experiences in the country. The state-of-the-art car rental hub combines innovative design with Namibia’s cultural and natural influences. The facility offers 24-hour personalized support and seamless integration with tour operators, ensuring a smooth experience for travelers. Namibia2Go represents the start of a larger journey to inspire and empower visitors, according to […]

today22 November, 2024

Business / Economics

Expert Highlights Namibia-China Partnership for Economic Growth

Josef K. Sheehama, nominated by the China Embassy in Namibia, attended a seminar on Chinese Modernization and African Development in Anhui, China. He business expert Namibia’s potential for food security and discussed the growing China-Namibia partnership in renewable energy and digital connectivity.  

today22 November, 2024

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Business / Economics

In S.A, BetterBond has welcomed repo rate cut

  In S.A, BetterBond has welcomed the 25 basis point repo rate cut to 7.75-percent. Head of Sales, Bradd Bendall, says slowing inflation is fostering a more favourable lending environment, by continuing the rate-cutting trend. Bendall says the decision provides relief for homeowners burdened by rising bond costs since November 2021. BetterBond reports a 30-percent jump in home loan activity in October, signalling a property market recovery: Meanwhile, still in […]

today22 November, 2024

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Business / Economics

Production sector experiences slight price decrease

The Namibia Statistics Agency has released the Producer Price Index for the third quarter of 2024, showing a slight decrease in production prices both quarter on quarter and year on year. This suggests a small contraction in the overall production sector. NSA spokesperson Mirjam Shihepo has the details.  

today21 November, 2024