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

Business / Economics

1309 Results / Page 81 of 146

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Business / Economics

19 April 2024 Morning Biz News: Highlights and Financial Indicators

1. Namibia's Green Industrialization Drive: Namibia is at the forefront of a pioneering effort to repurpose its rail assets, with the aim of driving green industrialization. James Mnyupe, Green Hydrogen Commissioner, emphasizes the country's strategic geographic location and abundant renewable energy sources as key drivers for sustainable economic development. 2. Job Cuts in South Africa's Mining Sector: Sibanye Stillwater has announced plans to shutter its 4 Belt shaft at Marikana, […]

todayApril 19, 2024 17

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Business / Economics

Namibia Breweries Limited receives double honour for revenue contribution in 2023

Namibia Breweries Limited has been awarded the “Overall Highest Trader Revenue Contribution” for the year 2023 by the Namibia Revenue Agency showcasing the NBL’s tax compliance and overall positive contribution to the development of the local economy. NBL was awarded in the category of the “Highest Contributor of Customs and Excise,” which relates to the revenue collected mainly on customs and excise duties and Value Added Tax for the period […]

todayApril 18, 2024 68

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Business / Economics

Verime and ReferredBy lead Namfisa’s financial Sandbox initiative

The Namibia Financial Institutions Supervisory Authority has signed testing agreements with Verime and Referred By, making them the first participants in its Regulatory Sandbox programme for the non-bank financial institution sector. NAMFISA's Regulatory Sandbox is a pioneering initiative demonstrating its commitment to fostering a vibrant, secure, and inclusive financial landscape that empowers both consumers and innovators. NAMFISA spokesperson Victoria Muranda. The programme serves as a controlled environment for live tests […]

todayApril 18, 2024 42

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Business / Economics

Dr. Hangala urges authentic local participation in the oil and gas sector

Speaking at the Namibian Local Content Conference 2024 that is underway in Lüderitz, Dr. Leake Hangala said Namibian-owned companies, to efficiently facilitate local development in the oil and gas sector, should not be used as conduits. Hangala also outlined the government's role in the process.   The conference is tackling ways to ensure that the country's oil and gas discoveries benefit Namibians, and today’s focus was on identifying opportunities to […]

todayApril 18, 2024 81

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Africa

How to end hunger in sub-Saharan Africa: fight inequality, gender imbalances and climate change

    By Helen Onyeaka, University of Birmingham   A greater part of Africa’s population can’t afford a healthy diet than any other regional population. Food insecurity in sub-Saharan Africa is caused by climate change, high levels of poverty, rapid population growth, low economic growth, inadequate infrastructure and conflicts. Women are the backbone of agricultural labour in the region. The problems of limited access to land, water and technology faced […]

todayApril 18, 2024 18

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Business / Economics

11-18 April 2024 Weekly Economics Wrap: Insights from Around the Globe

Namibian Financial Landscape: The Bank of Namibia has decided to maintain the repo rate at 7.75 percent, signaling a cautious approach to monetary policy amid economic uncertainties. Sanlam Namibia reported significant growth in assets, reaching N$4.6 billion in 2023. CEO Tertius Stears expressed confidence in the company's performance, anticipating further growth in policy liabilities. Developments in South Africa: The South African rand experienced depreciation against the U.S. dollar amidst escalating […]

todayApril 18, 2024 16

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Business / Economics

18 April 2024 Morning Biz News: Latest Financial Indicators and Business News Recap

Bank of Namibia Maintains Repo Rate: The Bank of Namibia has announced its decision to keep the repo rate steady at 7.75 percent, alongside a stable prime lending rate of 11.50 percent. This marks the second monetary policy announcement by the BoN this year, indicating a cautious approach to economic management. South Africa Sees Decrease in Consumer Inflation: Consumer inflation in South Africa saw a slight decrease in March, falling […]

todayApril 18, 2024 25

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