insert_link Business / Economics 05 April 2024 Morning Biz News: Latest Financial Indicators: Opportunities, Stability, and Upward Trends In the ever-evolving landscape of global economics, recent projections and indicators shed light on various sectors, from renewable energy to consumer spending and currency markets. Let's delve into the latest financial indicators that reflect opportunities, stability, and upward trends. Namibia's Solar Potential: A Bright Path to Growth Global consultancy firm McKinsey & Company has forecasted a promising future for Namibia's renewable energy sector. By the year 2050, domestic production of […] todayApril 5, 2024 22
insert_link Business / Economics Private Sector credit declines in February 2024 Private sector credit extension decreased in February 2024 to 1.7% year-on-year down from 2.4% year-on-year in January 2024 and 3.1% year-on-year in February 2023. The trend reflects a continued slowdown in credit uptake, with growth consistently falling below the six-month moving average. Households were the main contributors to the credit uptake. Simonis Storm Economist, Halleluya Ndimulunde. todayApril 4, 2024 81
insert_link Business / Economics 28 March 2024-A April 2024 Weekly Economics Wrap-Up Namibian Developments Namibian Local Content Conference: The Namibia Chamber of Commerce and Industry, in collaboration with Antila Consultancy, is organizing the inaugural Namibian Local Content Conference from April 16 to 18. This conference aims to enhance local engagement in Namibia's burgeoning oil and gas sector by facilitating discussions among government officials, international oil companies, private sector stakeholders, and SMEs. Foreign Direct Investments in Oil and Gas Sector: The Bank of […] todayApril 4, 2024 5
insert_link Business / Economics 04 April 2024 Morning Biz News: Financial Highlights and Global Market Trends Here's a roundup of the latest financial news and global market trends shaping economic landscapes worldwide: Namibia's Oil and Gas Sector Attracts Significant Investments: The Bank of Namibia has reported that the oil and gas sector in Namibia has received N$33.4 billion in foreign direct investments between 2021 and 2023. Governor Johannes !Gawaxab highlighted the transformative potential of these investments, which have been catalyzed by a substantial oil discovery in […] todayApril 4, 2024 9
insert_link Business / Economics 03 April 2024 Morning Biz News: Paladin Energy’s Langer Heinrich Mine Achieves Production Milestone Paladin Energy, a prominent player in the uranium mining sector, has recently announced a significant milestone at its Langer Heinrich Mine. The company disclosed that the mine has achieved its first production milestone following a successful restart. This development comes as a result of strategic initiatives undertaken by Paladin Energy to resume operations at the Langer Heinrich uranium mine. In May 2022, Paladin Energy unveiled plans to raise N$169 million […] todayApril 3, 2024 18
insert_link Business / Economics BIPA urged to extend waiver program deadline Registered business owners are requesting an extension on the Business and Intellectual Property Authority's Annual Duty Penalty Waiver Program, citing long queues observed at both the Grove and Maerua Mall. Registered business owners are required to pay an annual fee of N$120; however, failure to pay results in penalties. BIPA’s Executive of Marketing, Corporate Communications, and Client Management Services, Ockert Jansen, comments on the issue. todayApril 2, 2024 69
insert_link Business / Economics Hong Kong drops in port rankings Hong Kong has dropped to the 10th largest seaport by volume, according to maritime consultancy Drewry. Shanghai, Singapore, and Ningbo-Zoushan took the top three spots, as Hong Kong lost ground to rivals in mainland China and south-east Asia. todayApril 2, 2024 45
insert_link Africa E-bikes could cut smog, energy use and congestion globally — but will they? By Charles Pekow Can simply adding an electric motor to a human-powered bicycle significantly reduce urban smog, traffic congestion and energy consumption — and even help curb climate change? Yes, but many bumps in the road must be overcome to get there. Today’s electric bicycles come in a range of two-wheeled e-bikes and three-wheeled e-trikes, varieties to meet consumer and business needs, with many millions already sold. The […] todayApril 2, 2024 13
insert_link Africa Making short films is a powerful way to learn job skills: 5 ways it prepares students for work Making short films can change the way people learn. ASphotowed/iStock/Getty Plus By Wendy Smidt, Cape Peninsula University of Technology and Zayd Waghid, Cape Peninsula University of Technology The world of work is changing all the time. Technology is driving innovation and productivity, leading to the creation of new industries and employment opportunities. This means people need new skills to meet the demands of an ever-changing economy. While […] todayApril 2, 2024 7