insert_link Business / Economics Sustainable investments: aligning wealth with ESG values By Bank Windhoek’s Chief Treasurer, Claire Hobbs The Harvard Business School defines Sustainable Investment as investment strategies that consider the environmental, social, and corporate governance (ESG) factors alongside financial considerations, in so doing creating a holistic impact; hence, the concept is also being referred to as socially responsible investment back in the day or today as impact investment. This concept evolved from the recognition that […] todayMay 14, 2024 18
insert_link Business / Economics 14 May 2024 Morning Biz News: Namibian Ports Authority Hits Record 8 Million Tonnes Cargo Milestone, Rand Strengthens Amid Dollar Decline: Key Financial Highlight Namibian Ports Authority Hits Record 8 Million Tonnes Cargo Milestone The Namibian Ports Authority (NAMPORT) has achieved a significant milestone in its fiscal year ending on March 31, 2024, by managing a staggering 8 million tonnes of cargo. This achievement marks a notable 4% increase from the previous year's record of 7.7 million tonnes, as reported by The Brief. Elias Mwenyo, NAMPORT's Executive for Commercial Services, attributed this remarkable feat […] todayMay 14, 2024 26
insert_link Business / Economics Namibia, EU collaborate to strengthen fruit and vegetable value chain The Ministry of Industrialisation and Trade, in collaboration with the Namibian Agronomic Board and funded by the European Union, has launched a series of workshops. The initiative, part of the EU-Namibia Economic Partnership Agreement support programme, aims to improve agricultural competitiveness by exploring new opportunities in the EU market. Ministry spokesperson Elijah Mukubonda. todayMay 13, 2024 69
insert_link Business / Economics American energy companies pass on Iraqi oil American energy majors are once again shunning the chance to extract Iraqi oil, leaving the door wide open for Chinese companies to invest instead. todayMay 13, 2024 46
insert_link Africa Africa Tech Summit London Announces 15 Ventures for the 2024 Investment Showcase at London Stock Exchange on June 7th Africa Tech Summit (ATS) London will celebrate the eighth edition at the London Stock Exchange on June 7th, 2024, and is thrilled to announce the 15 tech ventures that will join the ATS Investment Showcase 2024. The ATS London Investment Showcase provides ventures with the opportunity to present their businesses to leading African tech investors, corporates, and industry stakeholders in attendance from Europe, USA and Africa. The […] todayMay 13, 2024 14
Africa How BAL’S Sahara conference action is unfolding in Dakar via bird story agency As BAL’s Sahara Conference gets underway at the Dakar Arena in Senegal, the first round saw professional basketball clubs from Senegal, Rwanda, Nigeria, and Tunisia vying for direct playoff berths. Nigeria’s Rivers Hoopers are topping conference standings with a commanding third consecutive victory in the group stage. Their latest triumph, an 84-63 win over Tunisia’s US Monastir, follows a hard-fought 86-82 triumph […] todayMay 13, 2024 14
insert_link Business / Economics Households Struggle with Soaring Debt With the expertise of financial analyst Josef Sheehama, the growing issue of household debt has taken center stage. As the cost of living skyrockets and financial pressures increase, families across Namibia are facing a significant surge in debt. Sheehama delves into the factors driving this trend and offers invaluable advice for navigating the intricate financial landscape. todayMay 13, 2024 59
insert_link Business / Economics 13 May 2024 Morning Biz News: Namibia Sees Sharp Decline in Private Sector Credit, Rand Stable Ahead of U.S. Data Release, Oil Prices Slide Amidst Economic Concerns: Financial Update Private Sector Credit Disbursements in Namibia Witness Sharp Decline: Official data has revealed a significant downturn in private sector credit disbursements in Namibia over the past year. The figures indicate a notable 65.7% decrease, with disbursements totaling N$1.44 billion compared to N$4.21 billion issued during the preceding equivalent period. The normalized cumulative credit outstanding, excluding interbank swaps and accounting for non-resident private sector claims, stands at N$112.7 billion, as reported […] todayMay 13, 2024 18
insert_link Africa Can insurtech fix Africa’s low insurance penetration? By Conrad Onyango, via bird story agency Until recently, Africa’s legacy insurance market has been relying on an old agent-driven sales model, where agents physically scouts for clients in offices, malls and other business centers to market, sell and deliver insurance products. Under this model these agents have mostly been focusing on selling individual policies largely to wealthy clients who can buy expensive products to earn them […] todayMay 10, 2024 18