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Business / Economics

1038 Results / Page 82 of 116

Background

Africa

Ethiopia’s first stock exchange on horizon as it begins licensing investment banks

    By Conrad Onyango, bird story agency   Ethiopia has entered the final stage of its first stock exchange launch, as the country’s Capital Market Authority begins to on-board foreign investment banks from the second week of February. The regulator announced that it will start issuing investment bank licenses from February 12th 2024- the first time in the country’s history and after six ‘rigorous’ months of developing guidelines to […]

todayFebruary 14, 2024 7

Business / Economics

14 February 2024 Morning Biz News: Economic Insights: Namibia’s Wind Energy Potential, Rand Weakens, OPEC’s Oil Demand Forecast, and Global Market Shifts

A Comprehensive Overview of Key Economic Developments and Financial Indicators 1. McKinsey & Company Report Highlights Namibia's Wind Energy Revenue Potential A recent McKinsey & Company report underscores Namibia's potential to generate N$13.9 billion in revenue by 2050 through local production of wind turbine towers and blades. The report breaks down the potential contribution, with a direct impact of 30%, an indirect contribution of 41%, and an induced contribution of […]

todayFebruary 14, 2024 8

Business / Economics

Bank of Namibia expected to cut repo rate by 25bps as inflation cooling

    By Josef Kefas Sheehama At its first Monetary Policy Committee meeting of 2024, on the 14 February 2024, the Bank of Namibia is expected to cut its Repo Rate by 25 basis points. All of Namibian’s banks now expect the Bank of Namibia to cut its Repo Rate target by 0.25 basis points on the 14 February 2024, which would bring its key lending rate to 7.50%. This […]

todayFebruary 13, 2024 37

Africa

Kenya’s sex workers have solutions to their problems, but international NGOs aren’t hearing them

  By Lise Woensdregt, Vrije Universiteit Amsterdam   In Kenya, rights organisations run by sex workers have gone into numerous partnerships with international organisations over the past decade. In recent research, I set out to understand whether these relationships worked in favour of the sex workers and their organisations. My research focused on an organisation in Kenya’s capital, Nairobi, that supports male sex workers. Kenya’s laws punish activities related to […]

todayFebruary 13, 2024 14

Business / Economics

13 February 2024 Biz News: Economic Landscape Update: Fuel Levy Increase, Currency Movements, and Global Market Dynamics

 A Comprehensive Overview of Key Developments Shaping Economic Trends 1. Road Fund Administration Seeks Additional N$1 Fuel Levy Increase The Road Fund Administration (RFA) in Namibia is actively pursuing a further N$1 increase in the fuel levy, building on the 20-cent hike implemented in December. While the initial adjustment aimed to address the funding gap for road maintenance and rehabilitation, RFA Chief Executive Officer Ali Ipinge acknowledges that it falls […]

todayFebruary 13, 2024 7

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