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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 83 of 184

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Africa

African Business ranks 2024’s largest banks

African Business Magazine has ranked the continent’s largest banks for 2024, with Standard Bank leading as the largest bank in Africa. The bank reported a net profit of $2.7 billion, an 18% increase from the previous year. Other top banks include First Bank of Nigeria, Equity Bank from Kenya, and the National Bank of Egypt. Meanwhile, FirstRand's net profits decreased to $1.4 billion, down 13%. According to the ranking, Mauritius […]

today30 September, 2024

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Business / Economics

NIPDB’s Know2Grow Programme Shortlisted for 2024 WTPO Awards

The Namibia Investment Promotion and Development Board has announced that its Know2Grow High Potential Pool Programme has been shortlisted for the prestigious World Trade Promotion Organisation 2024 Awards. The Brief says  NIPDB is recognized in the category of “Best Initiative to Ensure that Trade is Inclusive and Sustainable.” Organized by the International Trade Centre, these awards honor Trade Promotion Organisations that excel in helping small businesses compete globally through innovative […]

today30 September, 2024

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Business / Economics

30 September 2024 Morning Biz News: Puma Energy Confident Amid Chevron-Bachmus Deal, Rand Surges to 20-Month High, and Global Markets Respond to China Stimulus

Puma Energy Confident Despite Chevron-Bachmus Partnership Puma Energy Namibia remains optimistic about its market leadership despite Chevron Brands International LLC's recent partnership with Bachmus Oil to expand in the Namibian market. Speaking to The Brief, Charlene Oosthuizen, Country Retail Manager at Puma Energy, expressed confidence, highlighting the company's extensive network and innovative, customer-centric strategies that position it to compete effectively in the growing energy market. South African Rand Hits 20-Month […]

today30 September, 2024

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Business / Economics

Namib Mills Probes Alleged Link to Child Deaths in South Africa

Namib Mills is investigating after three children in South Africa reportedly died after consuming its vanilla-flavoured Top Score instant maize porridge. Although no evidence currently links the product to the deaths, all Top Score porridge has been temporarily withdrawn from shelves in Namibia and South Africa. The company is cooperating with authorities and will provide updates as the investigation continues.

today30 September, 2024

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Business / Economics

Youth Energy Forum Welcomes Shapwanale and Jacobs to Advisory Board

The Namibia Youth Energy Forum has named Ndapewoshali Mwangyengwa Shapwanale and Mutindi Jacobs to its Advisory Board. Shapwanale, who is the Director of Communication and Stakeholder Relations at Reconnaissance Energy Africa Ltd., also serves on the Public Affairs Committee of the Namibia Petroleum Operators Association. She has been recognized by the African Energy Chamber as one of the 25 under 40 women leaders transforming Africa's energy landscape.

today27 September, 2024

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Business / Economics

O&L Group Plans Major Expansion of Leisure Portfolio by 2029

The Ohlthaver & List Group is gearing up to expand its leisure portfolio from four to 10 establishments by 2029. Key destinations such as Sossusvlei, Swakopmund, and Etosha have been earmarked for the expansion, with Windhoek and Brandberg also being considered. O&L Group Executive Chairman Sven Thieme revealed to The Brief that the expansion will prioritize delivering authentic experiences at prime locations across the country.

today27 September, 2024

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Business / Economics

27 September 2024 Morning Biz News: Hospitality, Job Losses, Global Markets, and Financial Indicators

  1. Weddings Boost Hospitality Occupancy in Northern Namibia Weddings and related events had a positive impact on hospitality occupancy in northern Namibia during August 2024. Despite this boost, the national occupancy rate dropped to 63% from 68.9% in August 2023, according to a report from Simonis Storm Securities researcher Almandro Jansen, cited by The Brief. The occupancy rate remains a critical measure of activity within Namibia's hospitality sector. 2. […]

today27 September, 2024

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Business / Economics

Small Livestock Sector Sees 44.9% Drop in Exports for Q2 2024

The small livestock subsector experienced a sharp 44.9% drop in the number of animals marketed to export-approved abattoirs and butchers during Q2 2024, according to the Namibia Statistics Agency. This decline in exports led to a slight contraction in the sector, contrasting with the growth recorded in the same period of 2023. Ipumbu Sakaria from the agency.  

today27 September, 2024