insert_link Business / Economics 6 May 2024 Morning Biz News: Windhoek’s Grocery Scene: Choppies Leads Cost-Effective Selection, Metro Dominates Hypermarkets In the bustling grocery landscape of Windhoek, Namibia, where consumers seek both quality and affordability, recent reports highlight the standout performers in the city's supermarket sector. According to insights from The Brief, a trusted source for business news, Choppies emerges as a consistent provider of cost-effective standard groceries among Windhoek's seven renowned supermarkets. Among the surveyed retailers, which include OK Foods, Spar, Woermann Brock, Shoprite, Pick ‘n Pay, Choppies (Khomasdal), […] todayMay 6, 2024 69
insert_link Business / Economics Coca-Cola to end IPO dry spell with US$8 billion Africa bottler listing By Seth Onyango, bird story agency Coca-Cola Co. is advancing plans for a significant initial public offering of its African bottling arm as soon as 2025, with a valuation that could exceed US$8 billion. This major financial move is set to end a period of sluggish activity on African securities exchanges and would be a significant morale boost for the continent's stock market landscape. According to insiders, the […] todayMay 3, 2024 36
insert_link Africa Nigeria’s maritime logistics cruise as ports get a makeover By Bonface Orucho, bird story agency Nigeria is implementing a ports makeover, ramping up investment to expand its ports as it seeks to untangle congestion, enhance efficiency, and seize economic opportunities through improved sea freight logistics. President Tinubu and Maersk Chairperson Robert Maersk Uggla have reportedly discussed a US$600 million deal with A.P. Moller-Maersk. The two met during the World Economic Forum event in Riyadh. In […] todayMay 3, 2024 56
insert_link Business / Economics Will Solomon Islands’ new leader stay close to China? By Priestley Habru, University of Adelaide and Claudina Habru, University of Adelaide Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime minister Manasseh Sogavare’s Ownership, Unity and Responsibility (OUR) Party. The party won just 15 of 50 seats in last month’s […] todayMay 3, 2024 30
insert_link Business / Economics 3 May 2024 Morning Biz News: Business Highlights: Benguela Blue Aqua Farming Prepares for Salmon Harvest, South African Manufacturing Surges, and Exxon Mobil Sale Nears Approval” Benguela Blue Aqua Farming Set to Launch Salmon Farming Operation: Benguela Blue Aqua Farming is gearing up to kickstart its salmon farming operation in the fourth quarter of 2025. The inaugural salmon harvest is anticipated to take place during the same period in 2026, as reported by The Brief. This development signals significant progress in the aquaculture industry, promising potential growth and opportunities in the coming years. South African […] todayMay 3, 2024 47
insert_link Business / Economics March 2024 export earnings up by 36.5% The Namibia Statistics Agency has announced that during March 2024, Namibia’s export earnings recorded an increase of 36.5 percent from N$6.1 billion recorded in February 2024 to N$8.3 billion. Moreover, the import bill for the month under review increased by 27.9 percent from N$10.0 billion recorded during the preceding month, resulting in a worsened trade deficit of N$4.5 billion when compared to a trade deficit of N$3.9 billion recorded in […] todayMay 2, 2024 69
insert_link 1 Business / Economics New salmon farm at Lüderitz to create 600 fobs Namibia has broken ground on the largest salmon farm at Lüderitz today. Facilitated by the Namibia Investment Promotion and Development Board, Benguela Blue Aqua Farming is set to pioneer salmon farming in Namibia and become one of the largest salmon farming projects in Africa. The project is expected to create 600 direct and about 1500 indirect jobs. Here’s Johannes Aldrian, the Co-Founder and Managing Director of Benguela Blue Aqua Farming, […] todayMay 2, 2024 199 1
insert_link Business / Economics Ondangwa Trade Fair draws 90,000 visitors The Ondangwa Trade Fair is underway in the Oshana region. The fair brings together B2B exhibitors as well as over ninety thousand visitors from all sectors. We spoke to the town’s CEO Ismael Namgongo for more details. todayMay 2, 2024 69
insert_link Business / Economics Enhancing Digital Transformation: Innovations and Obstacles in East Africa By Robert van Breukelen, CEO at Itemate Solutions The telco sector is poised to play a central role in Ethiopia’s economic and digital transformation, but should learn from other countries to avoid common pitfalls and accelerate development. In recent years, countries in the eastern and north-eastern African region have launched several exciting initiatives aimed at accelerating the adoption of digital technologies. Digital transformation in East Africa Powered […] todayMay 2, 2024 11