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

Business / Economics

1309 Results / Page 80 of 146

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Business / Economics

Namibian Competition Commission accuses banks of price-fixing

The Namibian Competition Commission has accused the Payments Association of Namibia and several commercial banks of colluding in price-fixing activities related to card transaction fees. According to the Commission, the banks, which are competitors in the market, allegedly colluded with PAN to collectively set interchange fees, a practice deemed anti-competitive and prohibited by law. Here is the NaCC spokesperson Dina //Gowases with more details.

todayApril 23, 2024 65

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Business / Economics

MeerKAT: the South African radio telescope that’s transformed our understanding of the cosmos

Some of the satellite dishes that make up the MeerKAT. South African Radio Astronomy Observatory (SARAO)   By Ed Elson, University of the Western Cape   South Africa’s Karoo region is a vast semi-arid area that stretches across four of the country’s provinces. It is sparsely populated and renowned for its wide open spaces. In the heart of this landscape, near the small Northern Cape town of Carnarvon, the South African […]

todayApril 23, 2024 18

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Business / Economics

EXCLUSIVE INTERVIEW: Experience the Vibrant Spirit of Luderitz: A Festival Season Like No Other

  As the coastal breeze carries the promise of excitement, Luderitz prepares to dazzle locals and visitors alike with its annual festival season. Mayor Philip Balhao invites you on a journey through the vibrant events and cultural celebrations that await in this lively coastal town. The festivities kick off with the highly anticipated Miss Crayfish Festival on April 26th, where last year's winner, Margareth Negumbo, takes center stage as she […]

todayApril 23, 2024 103

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Business / Economics

23 April 2024, Moring Biz News: Biz News Update: Key Developments in Agriculture, Currency Markets, and Commodities

  Namibian Cereal Production Faces Significant Decline: The Ministry of Agriculture, Water, and Land Reform in Namibia has projected a substantial decrease in cereal production, primarily due to unpredictable rainfall patterns and prolonged dry spells. The commercial farming sector is particularly affected, with an estimated harvest of only 35,200 metric tons. This marks a drastic 68% decrease compared to last season's production levels, highlighting the challenges faced by the agricultural […]

todayApril 23, 2024 19

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Business / Economics

Capricorn Corner earns ‘Green Building Certification’

The Capricorn Corner building, Capricorn Group's state-of-the-art office facilities in Klein Windhoek, earned EDGE Advanced green building certification, the green building certification from the International Finance Corporation, the private sector arm of the World Bank Group. The certification, presented by EDGE certification partner - Green Business Building Certification Inc. marks the first internationally recognised operational building to be EDGE-certified in Namibia. This achievement also preludes this year's World Earth Day, […]

todayApril 22, 2024 63

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Business / Economics

About 10 billion barrels of oil discovered off Namibia’s coast

An estimated 10bn barrels of oil has been discovered in Namibia, Portuguese oil company Galp Energia has said. The company told Bloomberg News that it had made the potential find after concluding its first phase of oil exploration in the Mopane field off Namibia's coast. Vast oil and gas reserves have been discovered in Namibia's Orange Basin, where Mopane is located, in recent years. Namibia is eyeing an entry into […]

todayApril 22, 2024 103

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Business / Economics

South Africa’s security forces once brutally entrenched apartheid. It’s been a rocky road to reform

    By Sandy Africa, University of Pretoria   One of the important tasks that faced South Africa’s democratic government after 1994 was to reform the apartheid-era security apparatus. The African National Congress (ANC), which was voted into power, had a laudable vision in the 1990s for reforming the police, military and intelligence services. Determined that South Africans would never again be subject to the brutality of the security forces, […]

todayApril 22, 2024 31

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Business / Economics

EXCLUSIVE INTERVIEW: Local Labor Expert Herbert Jauch on Otjikoto B2Gold: A Perspective on Recent Retrenchments

Namibia, a nation already grappling with a significant unemployment crisis, received sobering news with the announcement of retrenchments at the B2Gold Mine. Herbert Jauch, a local labor expert, weighs in on the implications of this development for the country's workforce and economy. Jauch begins by highlighting the severity of the situation, emphasizing that Namibia's unemployment rate is already alarmingly high. The prospect of further job losses exacerbates an already challenging […]

todayApril 22, 2024 30

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Business / Economics

22 April 2024 Morning Biz News: MortgageMarket Expands Horizons: Launches Operations in Namibia, Spearheading Accessible Home Loans Beyond South Africa

MortgageMarket, a pioneering online home-loan marketplace platform based in South Africa, has embarked on an ambitious expansion strategy by launching operations in Namibia. Founded in 2019 by Tim Akinnusi, a seasoned banking executive, the platform has revolutionized the process of securing financing for property acquisitions, catering to the needs of customers, property developers, and estate agents alike. The move into Namibia marks a significant milestone for MortgageMarket, as it extends […]

todayApril 22, 2024 22

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