insert_link Africa Zimbabwe’s Tourism and Hospitality Industry Permanent Secretary gives update on MoU with Namibia Zimbabwe and Namibia in 2014 signed a Memorandum of Understanding at the seventh session of the Joint Permanent Commission meant to strengthen bilateral trade and investment. Zimbabwe’s Ministry of Tourism and Hospitality Industry Permanent Secretary Dr. Takaruza Munyanyiwa. todayApril 25, 2024 65
insert_link Business / Economics Mines and Energy Minister stresses merit-based project allocation The Minister of Mines and Energy, Tom Alweendo has urged entrepreneurs not to anticipate being given projects effortlessly solely because of their nationality. He stressed the importance of acquiring essential knowledge from experts to enhance proactive engagement. Alweendo delivered this message during the ongoing 6th Namibia International Energy Conference in Windhoek. Founded by RichAfrica, Namibia International Energy Conference is the official meeting place for the energy industry. Moreover, it serves […] todayApril 25, 2024 64
insert_link Business / Economics BoN governor on diplomatic visit with regional central banks The Governor of the Bank of Namibia, Johannes !Gawaxab, recently embarked on a diplomatic visit to foster enhanced collaboration and cooperation with central banks in the region. Accompanied by a technical team from the Bank’s Financial Markets, Strategy, Projects and Transformation, Research, and International Relations Departments, the Governor visited the Bank of Ghana, the Reserve Bank of Zimbabwe, and the Bank of Botswana. Here is Naufiku Hamunime, the Acting Director of Strategic Communications […] todayApril 25, 2024 20
insert_link Africa Nigeria revokes dormant mining licences, opens opportunity for investors Nigeria's government has revoked with immediate effect, 924 dormant licences across four sectors in the mining industry. It has also invited investors to freely apply for the affected licences which it says will be offered on a "first come, first served" basis. todayApril 25, 2024 28
insert_link Business / Economics Finance Ministry gives an updates on SME recovery loan scheme The Deputy Minister of Finance Maureen Hinda-Mbuende re-launched the SME Economic Recovery Loan Scheme designed last year to assist Small and Medium Enterprises that have suffered difficult economic conditions. We contacted Minister Hinda-Mbuende for an update. todayApril 25, 2024 34
insert_link 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 37
insert_link Business / Economics Japan’s government is reaffirming it’s prepared to act on the yen if it continues to devalue Japan’s government is reaffirming it’s prepared to act on the yen if it continues to devalue. The currency slipped past 155 to the US dollar for the first time in 34 years on Wednesday. Chris Gilbert has more from Tokyo. todayApril 25, 2024 15
insert_link 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
insert_link 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 28