insert_link Africa Interstate deals fuel drive for African single roaming regime Seth Onyango, bird story agency Growing interstate deals to end roaming fees are boosting efforts for a unified roaming regime in Africa, essential for a connected digital market. Benin and Ghana are the latest African countries to slash communication costs for their citizens roaming between the two countries. The new rates apply from July 1 and align with a protocol introduced by the ECOWAS region in March […] todayApril 10, 2024 8
insert_link Business / Economics Morning Biz News – April 10, 2024: Galp Energia’s N$2.4 Billion Namibian Investment, Rand Strength, and Market Stability Dominate Financial Landscape” Galp Energia Invests N$2.4 Billion in Namibia, Prioritizing Local Suppliers Galp Energia, a prominent player in the energy sector, has announced a significant investment of approximately N$2.4 billion in Namibia's upstream projects in 2023. Notably, over 61% of this investment has been allocated to local suppliers, underlining the company's commitment to fostering local economic growth. Filipe Silva, CEO of Galp Energia, emphasized the company's strategic focus on growth, with a […] todayApril 10, 2024 19
insert_link Business / Economics Namibia’s digital nomad visa takes lead over South Africa’s South Africa is following in Namibia's footsteps. This as the country is planning a policy reform with new visa regulations. SA is introducing the digital nomad visa for remote work if earnings exceed R1 million. Bloomberg News reports that a point-based system will replace the critical skills list, with criteria set for publication by the end of April. Also, requirements for police clearance certificates and other documents are being relaxed. […] todayApril 9, 2024 43
insert_link Business / Economics Saudi Arabia pledges support to Pakistan The Pakistan foreign office on Monday announced that Pakistan and Saudi Arabia have reiterated their dedication to accelerate an investment package worth $5 billion previously discussed. This reaffirmation came one day after Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman. Separately, the Diplomat reports that in the recent discussions, Riyadh might have encouraged Pakistan to regain financial stability by entering into an arrangement with the International […] todayApril 9, 2024 43
insert_link Business / Economics How to detect and prevent financial strain By Bank Windhoek’s Executive Officer of Credit, Eddie King For many, credit is the go-to financial resource for financial management. Grasping its far-reaching implications and mastering prudent management is crucial for safeguarding long-term financial wellness. Recognising the early signs of financial strain and adopting strategies to prevent sliding into a debt trap is paramount for maintaining financial stability. Before you take up any form of credit, keep […] todayApril 9, 2024 7
insert_link Africa Africa‘s most populous countries eye private investors to tackle housing challenge By Conrad Onyango, bird story agency A wave of government housing policies is set to change the urban landscape across the continent, in line with a report from the African Development Bank (AfDB). “The public sector is recognizing the link between housing and economic growth, and that not only can good housing contribute to the twin goals of economic growth and poverty alleviation, but that the opposite […] todayApril 9, 2024 16
insert_link Business / Economics 09 April 2024 Morning Biz News: Latest Financial Highlights: Growth, Strength, Collaboration, and Market Insights The Namibia Depository Guarantee Authority reported a growth in its investment value to N$16.2 million by the end of the 2022 financial year, attributed to received premiums and interest earnings. Florette Nakusera, NDGA's head, affirmed the security of the fund's assets, which were invested in line with approved policies and guidelines. South Africa's rand saw a boost following central bank data indicating a rise in foreign reserves last month. By […] todayApril 9, 2024 12
insert_link Business / Economics MTC sets record straight on subscription packages Reports are circulating that Mobile Telecommunication Limited will discontinue Super Aweh and Happy Hour as of 8 May 2024. MTC spokesperson, Erasmus Nekundi clarifies the matter. todayApril 8, 2024 172
insert_link Business / Economics Canal+ offers $2.9 billion for MultiChoice acquisition French media company Canal+ has made an offer of $2.9 billion to fully acquire South African broadcasting company MultiChoice. According to the BBC, it is a more attractive price compared to the $1.7bn bid that it presented to MultiChoice in February. MultiChoice is Africa's largest provider of subscription TV services, which include DSTv and streaming service Showmax. todayApril 8, 2024 28