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

Business / Economics

1309 Results / Page 82 of 146

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Business / Economics

Namibian Local Content Conference 2024 underway at Lüderitz

The Namibian Local Content Conference 2024 is currently underway in Lüderitz. The conference is tackling ways how to ensure that the country's oil and gas discoveries benefit Namibians. Minister of Mines and Energy, Tom Alweendo, said that it also presents an opportunity for the business community to contribute to the policy framework.   Erik De Waal from the Development Bank of Namibia explained the types of financing that could support […]

todayApril 17, 2024 154

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Business / Economics

Uranium One completes 50% of exploration drilling in Leonardville

Uranium One, a Russian state-owned company that specialises in uranium exploration, mining, and processing has started exploration drilling in Leonardville. Aldo Hengari, the Director of Operations at Uranium One says 50 percent of the work is done. According to the World Nuclear Association, Namibia has some of the largest uranium-producing mines in the world. These include Uranium One, Husab, and Rössing. In 2022 Kazakhstan produced the largest share of uranium […]

todayApril 17, 2024 97

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Business / Economics

Bank of Namibia holds repo rate at 7.75%

The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. This is the second monetary policy announcement by BoN this year. Governor of the Bank Johannes !Gawaxab. Governor !Gawaxab highlighted that risks to the domestic economic outlook have remained broadly unchanged since the previous MPC meeting, although the conflict in […]

todayApril 17, 2024 35

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Africa

Volvo’s e-truck rental program is a milestone for Africa’s e-mobility quest

  By Bonface Orucho, bird story agency   Swedish automaker Volvo has introduced an electric truck rental program under the Equipment-as-a-Service (EaaS) model in South Africa in a move that could cut huge emissions from the transport sector. The company also intended the service to democratise access to eco-friendly transport solutions in Africa. “The intention is to bring down the “barrier to entry” for those with the environmental ambition to […]

todayApril 17, 2024 37

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Africa

Kenya’s shilling is gaining value, but don’t expect it to last – expert

      By Odongo Kodongo, University of the Witwatersrand   Shortly after Kenya’s 2022 elections, the shilling depreciated rapidly against the US dollar – the country’s main currency for international transactions – fuelling a wave of political discontent. More than a year later, the Central Bank of Kenya, taking its cue from the International Monetary Fund, said that the run on the shilling was a market correction for a […]

todayApril 17, 2024 12

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Africa

African countries start business classification to shore up green investment

      By Conrad Onyango, bird story agency   Kenya has joined South Africa and Rwanda in offering a "green investment" handbook as African countries race to close a huge climate financing gap. The draft Kenya Green Finance Taxonomy (KGFT), published by the Central Bank of Kenya (CBK) in mid-April, is expected to help position the country for green funds and make the investment climate more attractive. Targeting banks, […]

todayApril 17, 2024 21

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Africa

Impact of AI, hybrid work top HR challenges in 2024

      Navigating the impact of artificial intelligence and hybrid work models will be the top challenges affecting the role of HR professionals in 2024. These were the main points emerging from the HR Connect event held today, hosted by SAP at the Maslow Hotel in Johannesburg. Kholiwe Makhohliso, Managing Director for Southern Africa at SAP, says business and HR leaders are grappling with the complexities of a new […]

todayApril 17, 2024 12

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