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

Business / Economics

1232 Results / Page 65 of 137

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Business / Economics

Capricorn Foundation invests N$1 million in youth employment initiative

In response to the high youth unemployment rate, the Capricorn Foundation has pledged to invest N$1 million in Bank Windhoek's Young Talent Programme. The funds are earmarked for The Capricorn Academy for School Leavers, a new initiative under Bank Windhoek's overarching Young Talent Programme. Here’s Marlize Horn, the bank’s Group Executive for Brand & Corporate Affairs.

todayMay 9, 2024 399 1

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Africa

Zimbabwe urges swift adoption of new but ‘scarce’ currency

Zimbabwe's Finance Minister Mthuli Ncube has ordered all government agencies to accept payments in the newly introduced gold-backed currency amid reports of acute shortage. Ncube in a statement said the Zimbabwe Gold, introduced last month, was now the official unit of exchange for transactions in the country. He the BBC that the government would soon introduce regulations to ensure businesses stick to the official rate.

todayMay 9, 2024 10 2

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Business / Economics

What if companies rewarded employees for their failures?

Des entreprises ont mis en place des trophées pour les meilleures idées qui ont échoué. Shutterstock Souad Brinette, EDC Paris Business School; Abdoulkarim Idi Cheffou, ISG International Business School, and Vesselina Tossan, Conservatoire national des arts et métiers (CNAM) A growing number of companies are encouraging their employees to pursue their entrepreneurial dreams in-house – a trend known as intrapreneurship. Some managers do this by providing workers with the financial, […]

todayMay 8, 2024 27

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Business / Economics

Aspirations and reality of Namibia’s Green Hydrogen dream – Dr. Hage Geingob

      By Josef Kefas Sheehama   His Excellency Dr. Geingob's vision has been realized as Namibia has made major strides to establish itself as a major player in the world of green hydrogen production. The transformation of Namibia's economy and the realization of green hydrogen in the country were spearheaded by Dr. Geingob. Drawing on the proverb that states “Rome was not built in a day”. This serves […]

todayMay 8, 2024 31

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Business / Economics

1-8 May 2024 Weekly Economic Wrap: Global Economic Highlights: Acquisitions, Regulations, and Market Movements Shape the Week’s Headlines”

  In a dynamic week of economic developments across various sectors and regions, the global economic landscape witnessed significant shifts and strategic maneuvers. From corporate acquisitions to regulatory measures and international market movements, here's a concise roundup of the key events shaping the economic discourse this week: Local Insights: Windhoek's Retail Scene Choppies vs. Metro: Among Windhoek's esteemed grocery supermarkets, Choppies emerges as a consistent provider of cost-effective standard groceries, […]

todayMay 8, 2024 16

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Business / Economics

08 May 2024: Morning Biz News: Global Economic Update: NamPower Secures Funding, Amazon Enters South Africa, Nigeria Imposes Money Transfer Levy, Dollar Strengthens

  1. NamPower Secures N$2.6 Billion from World Bank for Energy Project: Namibia's power utility, NamPower, has clinched a significant funding boost from the World Bank. The N$2.6 billion secured for its Transmission Expansion and Energy Storage Project marks a pivotal moment, representing the first energy project support from the World Bank to Namibia. The investment will be channeled towards bolstering the country's transmission network, signaling a commitment to enhancing […]

todayMay 8, 2024 20

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Business / Economics

Private sector credit growth slows

Private sector credit extension experienced a sluggish of 1.3% year-on-year in March, reflecting a slowdown from February’s 1.7% year-on-year and a sharp decline from the 3.9% observed in March 2023. This represents the slowest pace of PSCE growth in the last decade. For the first quarter of 2024, the average annual credit growth further softened to 1.8% year-on-year, compared to 3.2% year-on-year in the same quarter of the previous year. […]

todayMay 7, 2024 35

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Africa

US-Africa trade deal turns 25 next year: Agoa’s winners, losers and what should come next

    By Bedassa Tadesse, University of Minnesota Duluth     The African Growth and Opportunity Act (Agoa) is a landmark piece of trade legislation enacted by the United States in 2000. Its goal is to promote economic growth, development and poverty reduction in sub-Saharan Africa by providing qualifying countries with duty-free access to the US market for over 6,500 products. By eliminating import tariffs and quotas, Agoa aims to […]

todayMay 7, 2024 26

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Africa

Kenya’s public universities: financing model overhaul fails to address biggest challenge – funding

    By Ishmael Munene, Northern Arizona University   Kenya adopted a new approach to public university funding beginning with the 2023-24 academic year. Rapid student enrolment growth and declining state revenues have triggered the need for the reforms, which will require students to meet a higher proportion of costs. Ishmael Munene, who has a scholarly interest in African higher education, examines the background to these reforms. What are the […]

todayMay 7, 2024 19

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