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

Business / Economics

1232 Results / Page 78 of 137

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Africa

Africa‘s most populous countries eye private investors to tackle housing challenge

    By Conrad Onyango, bird story agency   A wave of government housing policies is set to change the urban landscape across the continent, in line with a report from the African Development Bank (AfDB). “The public sector is recognizing the link between housing and economic growth, and that not only can good housing contribute to the twin goals of economic growth and poverty alleviation, but that the opposite […]

todayApril 9, 2024 15

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Business / Economics

09 April 2024 Morning Biz News: Latest Financial Highlights: Growth, Strength, Collaboration, and Market Insights

The Namibia Depository Guarantee Authority reported a growth in its investment value to N$16.2 million by the end of the 2022 financial year, attributed to received premiums and interest earnings. Florette Nakusera, NDGA's head, affirmed the security of the fund's assets, which were invested in line with approved policies and guidelines. South Africa's rand saw a boost following central bank data indicating a rise in foreign reserves last month. By […]

todayApril 9, 2024 10

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Business / Economics

Canal+ offers $2.9 billion for MultiChoice acquisition

French media company Canal+ has made an offer of $2.9 billion to fully acquire South African broadcasting company MultiChoice. According to the BBC, it is a more attractive price compared to the $1.7bn bid that it presented to MultiChoice in February. MultiChoice is Africa's largest provider of subscription TV services, which include DSTv and streaming service Showmax.

todayApril 8, 2024 24

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Business / Economics

World Bank’s IFC under fire over alleged abuses at Liberian plantation it funded

    An investigation into the International Finance Corporation’s handling of human rights abuses at a project it financed in Liberia, the Salala Rubber Corporation, is expected to severely incriminate the World Bank’s private lending arm. The World Bank’s Compliance Advisory Ombudsman investigated whether the IFC did enough to address allegations of gender-based violence, land grabbing and unfair compensation by its client, Socfin, between 2008 and 2020. It’s anticipated that […]

todayApril 8, 2024 35

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Business / Economics

Everyday Resilience: Navigating Life’s Challenges with Grace and Grit

  By Bianca Strauss, Intermediate Human Capital Consultant, Old Mutual Namibia   In a world where life's uncertainties often leave us feeling overwhelmed, it's our everyday resilience that becomes the guiding light, helping us navigate through the highs and lows with grace and grit. This resilience isn't about always having it together or never feeling the weight of our struggles. It's about acknowledging our vulnerabilities, embracing our imperfections, and finding strength […]

todayApril 8, 2024 7

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Business / Economics

South Africa is to shut down captive lion farms. Experts warn the plan needs a deadline

    By Neil D’Cruze, University of Oxford; Angie Elwin, Manchester Metropolitan University, and Jennah Green, Manchester Metropolitan University   The South African government has officially confirmed that captive lion farms will be shut down. A new ministerial task team report just released has cemented the government’s intention, first made public in 2021, to put an end to African lions being legally sold and traded live, both internationally and domestically. […]

todayApril 8, 2024 16

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Africa

Twin rate cuts set Mozambique apart as African currency rally

    By Seth Onyango, bird story agency   Mozambique’s central bank has decisively cut its benchmark lending rate to 15.75% from 16.5%, setting a precedent as the first African country to slash rates twice in 2024. The move highlights Maputo’s aggressive push for economic growth amid a wider trend of cooling inflation and currency stability against the US dollar across Africa. Rate cuts in the southeastern African nation, prompted […]

todayApril 8, 2024 30

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