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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 73 of 184

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Business / Economics

23 October 2024 Morning Biz News Update: Innovations and Market Movements

FNB Namibia Launches Innovative ChatPay Feature FNB Namibia has taken a significant step towards enhancing user experience by introducing a new chat feature within the FNB App. The innovative ChatPay allows users to initiate payments seamlessly without requiring a formal bank account number. According to Amore Nicholson, the Digital Banking Head at FNB Namibia, this solution combines convenience, simplicity, and affordability. Customers can now chat and make payments simultaneously and […]

today23 October, 2024

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Business / Economics

Bank of Namibia Issues Warning on Fraudulent Investment Schemes

The Bank of Namibia has raised alarms about an increase in fraudulent investment schemes that falsely promise financial support for the nation’s development initiatives. These scams primarily target high-ranking government officials and traditional leaders, exploiting their reputations to gain credibility. The Bank has also observed that religious and traditional leaders are being approached to promote these deceptive schemes within their communities, further misleading the public. The regulator's Josefina Oskar:  

today23 October, 2024

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Business / Economics

Hyphen Hydrogen Energy to Launch Green Ammonia Production in Lüderitz by 2026

Hyphen Hydrogen Energy is set to manufacture green ammonia at a deepwater port in Angra Point Lüderitz for export by 2026. As per One Africa TV, the company's CEO, Marco Raffinetti, says Namibia is expected to produce two million tons of green ammonia annually between 2028 and 2030. Raffinetti outlined Hyphen's production plans and phases during a media site visit to Tsau //Khaeb National Park in the //Kharas region.

today22 October, 2024

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Business / Economics

INTERVIEW: Business and Economics Researcher Josef Kefas Sheehama on Green Bonds

In a recent discussion, Business and Economics researcher Josef Kefas Sheehama highlighted the importance of Green Bonds as a crucial financial tool for promoting sustainability in Namibia. Sheehama echoed the sentiments of the Minister of Environment, Forestry, and Tourism, who emphasized the need for private sector engagement in combating climate change. Since 2005, many banks in Namibia have begun issuing Green Bonds to raise funds for sustainable initiatives. According to […]

today22 October, 2024

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Business / Economics

Freedom Front Plus Warns ANC’s Embassy Move Could Impact Trade with Taiwan

The Freedom Front Plus in S.A warns that the ANC’s decision to move Taiwan’s embassy from Pretoria to Johannesburg could hurt South Africa’s 16-billion-rand trade relationship with Taiwan. They say this move, influenced by China, risks damaging trade and causing job losses. FF Plus leader Pieter Groenewald argues it undermines South Africa’s independence and was done without consulting other partners in the government of national unity:  

today22 October, 2024

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Business / Economics

22 October 2024 Morning Biz News: Economic Developments and Financial Indicators

  1. Rössing Uranium's Investment Boosts Local Employment in Swakopmund Rössing Uranium has made a significant investment of N$20 million in the construction of a new police station in Swakopmund, generating over 100 jobs for local residents since the project began in July. According to The Brief, the development is currently 46% complete and is expected to be finalized by January 2025. This initiative not only aims to enhance community […]

today22 October, 2024

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Business / Economics

NamRa Commissioner sets record straight on tax refunds

Businesses have raised concerns about the tax relief that was gazetted in October. This follows the Ministry of Finance and Public Enterprises' announcement that employers will need to reimburse employees once the new statutory tax rates are officially published. Namibia Revenue Agency's commissioner, Sam Shivute explains.  

today21 October, 2024