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

Business / Economics

1232 Results / Page 83 of 137

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Business / Economics

27 March 2024 Morning Biz News: Financial Indicators Roundup: Updates and Analysis

In the dynamic landscape of global finance, recent developments across various sectors have sparked considerable interest and analysis. Let's delve into the latest financial indicators to glean insights into key economic trends: Namibia's Green Hydrogen Project Gears Up for Operations: Obeth Kandjoze, Chairperson of the Namibia Green Hydrogen Council, has announced significant progress in the Daures Green Hydrogen Village project. Currently at 80% completion, the project is set to commence […]

todayMarch 27, 2024 22

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Business / Economics

DBN’s long-term ratings steady with positive outlook

Fitch Ratings has affirmed the Development Bank of Namibia Limited's Long-Term Issuer Default Ratings at 'BB-' and its National Long-Term Rating at 'AA+, with a stable outlook. Fitch said although DBN recorded a loss of N$270 million for the 2023 financial year due to high loan impairment charges, it forecasts the bank to turn profitable. Here is economic researcher Josef Sheehama.

todayMarch 26, 2024 25

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Business / Economics

Accidental managers: why people who are great at their job can fail when they get promoted

Cary Cooper, University of Manchester There’s a saying that people don’t quit their job, they quit their boss. And poor management certainly has a lot to answer for in the UK workplace. A staggering 82% of new managers in the UK are what the Chartered Management Institute (CMI) calls “accidental managers”, according to a YouGov survey commissioned among 4,500 workers and managers in June, which has recently been published. Accidental […]

todayMarch 26, 2024 12

Africa

bird TenX: Ten influential women in African politics

    By Esther Musembi, bird story agency   With more than a third of African countries headed to the polls in 2024, African women are showing increasing interest in holding leadership positions, including the presidency. Their stories inspire resilience, determination, and visionary leadership, serving as beacons for future generations of female leaders across the continent. The following is a selected list of some influential women in African politics: 1. […]

todayMarch 26, 2024 8

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Business / Economics

Sri Lanka cuts key interest rates, seeks China deal

    Sri Lanka's central bank cut interest rates Tuesday as the prime minister visited China seeking a debt restructuring deal crucial to maintaining an IMF bailout. Transport minister and government spokesman Bandula Gunawardana said Prime Minister Dinesh Gunawardena was in Beijing, the island's biggest bilateral creditor. "We are in the final stages of restructuring our foreign debt and the prime minister is in China for this purpose," Gunawardana told […]

todayMarch 26, 2024 24

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Business / Economics

Fitch Ratings Rates Namibia’s Development Bank as Outlook Stable

  Opinion Piece, By Josef Kefas Sheehama     Fitch Ratings has affirmed DBN's Long-Term Issuer Default Ratings (IDR) at 'BB-' and it’s National Long-Term Rating at 'AA+. These credit ratings cover the widest range of credit risk factors and have no limitations. The Namibian Development Bank (DBN) is the country's flagship and largest policy bank, contributing to economic and social development. Its strategy is in line with national development […]

todayMarch 26, 2024 24

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Business / Economics

Costly mistakes to avoid as a Namibian farmer

    By Hanks Saisai, Technical Advisor: Crops & Poultry, Agribank   Many livelihoods in Namibia rely directly or indirectly on agriculture and the products that reward the hardworking men and women who farm as a way of life. It is important to note that the journey of a farmer requires hard work, determination, dedication, and a sense of innovation. One must always be aware of common mistakes that are […]

todayMarch 26, 2024 51

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Business / Economics

26 March 2024 Morning Biz News: Financial Updates: Insights into Market Developments

  1. Capricorn Group to Increase Stake in Paratus Telecom Capricorn Group, a prominent entity listed on the Namibian Stock Exchange, has announced its intention to elevate its ownership share in Paratus Telecom. Currently holding a 31% stake in the telecommunications company, Capricorn Group aims to bolster its position to 36% by the conclusion of the year. This move underscores Capricorn's confidence in Paratus Telecom's robust growth potential within the […]

todayMarch 26, 2024 19

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Business / Economics

EXCLUSIVE INTERVIEW: Independent Business and Economics Researcher Josef Kefas Sheehama Advocates for Parastatal Transparency

In a recent statement, Josef Sheehama emphasized the critical importance of transparency within state-owned enterprises, also known as parastatals. Speaking on the issue, Sheehama highlighted the direct correlation between the lack of transparency and the prevalence of corruption within these entities. Sheehama asserted that without adequate transparency and accountability measures in place, corruption becomes an enticing prospect for individuals seeking personal enrichment at the expense of public resources. He underscored […]

todayMarch 26, 2024 18

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