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

Business / Economics

1232 Results / Page 70 of 137

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Business / Economics

Minister Alweendo Highlights Skills Gap in Mining Sector, Calls for Increased Benefits for Citizens

Minister of Mines and Energy, Tom Alweendo, addressed the Chambers of Mines of Namibia 2024 annual general meeting, emphasizing the lack of specific skill sets generated by Namibia's mining economy. Alweendo stressed the need for tangible benefits from mining to accrue to Namibian citizens, highlighting a disconnect between resource revenue and citizen prosperity. Chamber of Mines chairperson, Zebra Kasete, underscored the importance of research and development in optimizing processing techniques […]

todayApril 25, 2024 31

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Business / Economics

18-25 April 2024: Weekly Economic Wrap: Insights into Key Developments Across Africa and Beyond Weekly Economics

As the global economy navigates through a myriad of challenges and opportunities, significant developments unfold across various sectors, shaping the economic landscape. Here's a recap of the noteworthy events from the past week: Namibia's Mining Sector: A Pillar of Growth The mining sector in Namibia continues to showcase robust performance, with the Chamber of Mines reporting impressive figures for the 2023 financial year. Total turnover soared to N$51.5 billion, marking […]

todayApril 25, 2024 18

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Business / Economics

25 April Morning Biz News: Mining Sector Shines Bright in Namibia, Shoprite Expands UNIQ Stores, and Financial Market Insights

The global economic landscape is ever-evolving, marked by fluctuations and innovations that shape industries and economies worldwide. Here's a roundup of recent business news highlighting significant developments and financial indicators: 1. Namibia's Mining Sector: A Beacon of Growth Amidst the challenges posed by a dynamic global economy, Namibia's mining sector emerges as a beacon of resilience and growth. According to the Chamber of Mines of Namibia, the sector showcased an […]

todayApril 25, 2024 25

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Business / Economics

B2Gold Otjikoto mine to retrench 300 workers

B2Gold Otjikoto Mine, the country’s largest gold producer, is set to start with the voluntary retrenchment of 300 employees. Last year, the mine announced its plans to embark upon a phased closure of open mining due to depleted ore reserves, but it did not disclose the number of workers to be affected, as consultations with stakeholders were still ongoing at the time. Here is John Roos B2Gold Namibia's Country Manager […]

todayApril 24, 2024 116

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Business / Economics

ByteDance given nine months to divest TikTok amid data concerns

US President Joe Biden has signed into law a 95 billion dollar package to provide weapons and funding to Ukraine, Israel, and Taiwan - as well as a possible ban on the social media app TikTok. It comes after months of political wrangling and delays over sending aid to overseas conflicts. Kate Fisher reports from Washington. Separately, the BBC reports that TikTok says it will challenge in court an "unconstitutional" […]

todayApril 24, 2024 68

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Business / Economics

International Energy Agency expects half of all cars sold globally to be electric by 2035

Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China. In a report Tuesday, the International Energy Agency projected that “increased demand” for EVs over the next decade was set “to remake the global auto industry and significantly reduce oil consumption for road transport.” According to CNN, it expects half of all cars sold globally to […]

todayApril 24, 2024 4

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Business / Economics

German and Namibian delegates discuss second hydrogen plant with President Nangolo Mbumba

Special Envoy for German-Namibian climate and energy relations, Rainer Baake, and Presidential Advisor and Hydrogen Commissioner, James Mnyupe, have visited President Nangolo Mbumba at State House this morning to discuss the possibility of establishing another hydrogen plant in Opuwo following a HyIron tour. Here’s Baake.   James Mnyupe says that the government has identified the area's potential for hydroelectric facilities.

todayApril 24, 2024 31

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