insert_link Business / Economics The Alexforbes Namibia Lead Story – 27 February 2024 David finds out more about the upcoming Namibian trial of the 4 Day Work Week from Country Representative, Jonas Ileka. https://iono.fm/e/1410552 todayFebruary 28, 2024 38
insert_link Business / Economics 28 February 2024 Morning Biz News: Economic Highlights: Lepidico’s Cost Reduction, Rand’s Resilience, and Global Market Trends In the ever-evolving landscape of global finance, several key developments have emerged, impacting various sectors. In this article, we delve into recent updates surrounding Lepidico's Karibib project, the resilience of South Africa's rand, fluctuations in oil prices, and the stability of the U.S. dollar. Additionally, we provide a snapshot of the latest financial indicators shaping the economic landscape. Lepidico's Karibib Project Sees Significant Cost Reduction: Lepidico has announced a noteworthy […] todayFebruary 28, 2024 6
insert_link Business / Economics Minister of Finance to Present National Budget Amid Grey-Listing and High Debt Figures All eyes turn to Minister of Finance Ipumbu Shiimi as he presents the national budget this afternoon. Namibia, grey-listed by the Financial Action Task Force, faces scrutiny alongside elevated debt figures. UNAM economics lecturer, Dr. Omu Kakujaha-Matundu, provides his view on this. todayFebruary 28, 2024 17
insert_link Business / Economics WTO urges reform amid global economic challenges The World Trade Organization pushed for reform at a high-level ministerial meeting in Abu Dhabi on Monday, warning that economic headwinds and geopolitical tensions are threatening global commerce and multilateral trading systems. The WTO's 13th ministerial conference, scheduled to run until Thursday in Abu Dhabi, the capital of the United Arab Emirates, is the first in two years. The AFP news agency reports that the WTO is hoping for progress, […] todayFebruary 27, 2024 13
insert_link Africa Nigerian workers plan cost-of-living strike Nigerian labour unions will embark on a two-day strike on Tuesday against the spiralling cost of living. According to the BBC, inflation in Africa's largest economy is at almost 30% whilst the local currency, the naira, is rapidly depreciating. Electricity shortages are compounding the hardship. The African Development Bank has warned that conditions are ripe for social unrest. todayFebruary 27, 2024 4
insert_link Business / Economics Know the most common types of bank frauds By Bank Windhoek’s Forensics Services Manager, Johnny Truter. International law states that any illegal act involving deception to obtain money from a financial institution or a bank's depositors is categorised as bank fraud. Like other fraud offences, bank fraud involves using a trick to obtain money illegally. Nowadays, fraudsters are continuously coming up with different ways to steal people’s hard-earned money. The following looks at the most common trends used […] todayFebruary 27, 2024 20
insert_link Business / Economics Exploring the future of digital transactional banking By Nedbank Namibia’s Head of Transactional Banking, Reginald Obaking The ongoing digital transformation has sparked several trends that have influenced the way Nedbank Namibia’s Corporate and Investing Banking (CIB) division revolutionises its solutions for businesses, corporations, and other large entities. CIB recognises the pivotal role of technology in transforming transactional banking services to enhance the overall client experience. ‘The fascinating way transactional banking continues to evolve day by day is […] todayFebruary 27, 2024 117
insert_link Business / Economics 27 February 2024 Morning Biz News: Summary of Financial News: Namibia's Tax Policies and Concerns: Analysts and industry experts are closely scrutinizing Namibia's tax policies, expressing concerns about the efficiency of revenue collection processes, specifically in tax refund processing. Cameron Kotze, the risk and compliance manager at Namib Mills, is urging the government to consider introducing capital gains tax incentives as part of broader reforms to streamline the system and stimulate economic growth. South Africa's Rand Depreciation: South Africa's rand […] todayFebruary 27, 2024 6
insert_link Business / Economics EXCLUSIVE INTERVIEW: Navigating Namibia’s Gray Listing: Insights from Independent Business and Economics Researcher Josef Kefas Sheehama In a recent conversation with independent business and economics researcher Josef Kefas Sheehama, the focus turned to Namibia's gray listing by the Financial Action Task Force on the 23rd of February. Despite the challenges posed by this development, Sheehama emphasizes that being on the gray list is not a death sentence for Namibia's economy. In this article, we delve into Sheehama's insights on the impact of the gray listing […] todayFebruary 27, 2024 18
