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

Business / Economics

1309 Results / Page 65 of 146

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Business / Economics

April 2024 Air Travel Demand Surges According To International Air Transport Association

The International Air Transport Association reported an 11.0% increase in global passenger demand for April 2024 compared to April 2023, with capacity up 9.6% and a load factor of 82.4%. International travel demand rose 15.8%, and domestic demand increased by 4, with load factors of about 82% and 82.6 respectively. All regions showed strong growth, with capacity effectively meeting demand. Here is IATA's Public and Media Relations Advisor, Linden Birns. […]

todayJune 6, 2024 33

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Business / Economics

6 June 2024 Morning Biz News: Economic Resilience and Global Trends: A Snapshot of African Markets

  In a dynamic landscape marked by shifting global tides and regional developments, the economic pulse of African nations remains resilient, showcasing both challenges and opportunities on the horizon. Recent updates from key players in the continent’s financial sphere shed light on noteworthy shifts and trends that impact markets and investor sentiments. 1. Namibia's Fiscal Fortitude: Moody's Ratings' decision to upgrade Namibia's sovereign credit rating outlook from stable to positive […]

todayJune 6, 2024 16

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Africa

Nigerian tycoon taps Zimbabwe for lithium as Africa pushes local development of its mining sector

          By Seth Onyango, bird tsory agency     Nigerian industrialist Benedict Peters’ Bravura Holdings will start production at a Zimbabwean lithium project in 2025, boosting Africa's drive to retain more profits from the global lithium boom, according to mining.com. African Intelligence reported in March that the Nigerian billionaire had acquired an exploration license in the key mining area of Kamativi. Peters' foray into lithium mining […]

todayJune 5, 2024 34

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Business / Economics

By not mining vital minerals, NZ is ‘offshoring its own environmental footprint’ – is that fair?

Getty Images     By Martin Brook, University of Auckland, Waipapa Taumata Rau     When Resources Minister Shane Jones recently unveiled his draft strategy for mineral mining, it was quickly criticised by the Labour opposition as “taking New Zealand backwards”. One environmental group even called it a “love letter to mining companies”. But the government’s ambition to double the sector’s export value to NZ$2 billion by 2035, with flow-on effects […]

todayJune 5, 2024 28

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Business / Economics

Trustco’s Meya Mining Investment confirms $763 million diamond resource

    Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is […]

todayJune 5, 2024 83 2

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Business / Economics

Understanding the dynamics of brand value

      By Bank Windhoek’s Executive Officer of Marketing and Corporate Communication, Jacquiline Pack.   In contemporary consumer culture, brands are omnipresent. We cannot escape their profound influence and call to interact with them. We have complex mosaic theories explaining the power of brands for the companies that own them, the consumers who purchase and consume them, and the mark they leave on society. Ultimately, brand value is a […]

todayJune 5, 2024 28

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Business / Economics

Safeguarding your world with personal All-Risk cover

    By Johannes Hesekiel, General Manager for Personal Lines, Old Mutual Short-Term Insurance, Old Mutual Namibia   In today's fast-paced world, we carry our lives with us wherever we go. From the latest gadgets to cherished heirlooms, our personal belongings are more than just objects—they're a reflection of who we are. Yet, in the midst of our busy lives, we often overlook a crucial aspect of safeguarding these valuables: […]

todayJune 5, 2024 39

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Business / Economics

NZ Budget 2024: tax cuts and borrowing don’t always fuel inflation – but Nicola Willis has to get the balance right

LazingBee/Getty Images     By Dennis Wesselbaum, University of Otago     On the eve of the first budget from the National-ACT-New Zealand First coalition government, there is ongoing debate over whether borrowing while offering tax cuts could trigger a rise in inflation. Finance minister Nicola Willis has confirmed the budget will introduce “meaningful but modest” tax relief. But what impact will these cuts have on New Zealand’s economy? During the […]

todayJune 5, 2024 19

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Business / Economics

South Africa’s Economy Contracts in Q1 of This Year

South Africa's economy recorded a slight contraction in the first quarter of 2024, impacted by a decline in the mining and construction sectors, according to data from the statistics agency on Tuesday as reported by Reuters. Gross domestic product shrank by 0.1% quarter-on-quarter in seasonally adjusted terms, contrary to economists' expectations of 0.1% growth. On a year-on-year basis, the economy grew by 0.5%, slightly below the predicted 0.6% growth.

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