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

Business / Economics

1226 Results / Page 9 of 137

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Business / Economics

The DA says the port of Cape Town is facing major operational challenges

To South Africa, where the DA says the port of Cape Town is facing major operational challenges, warning these issues could severely impact the upcoming fruit export season. According to the party, the port, managed by Transnet, missed key targets in July and August, including container movements and ship turnaround times. The DA’s Noko Masipa urged Transnet to fast-track private sector involvement to boost efficiency and prevent disruptions that harm […]

todayOctober 23, 2024 12

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Business / Economics

IMF Adjusts Growth Forecasts, Cautions on Global Risks

The International Monetary Fund has raised its growth forecast for the United States but lowered its outlook for China, citing concerns over conflicts, trade tensions, and high interest rates. In its World Economic Outlook released on Tuesday, the IMF predicts global GDP will remain steady at 3.2% for this year and next. Finance leaders are convening in Washington DC this week for the IMF and World Bank annual meetings. From […]

todayOctober 23, 2024 14

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Business / Economics

23 October 2024 Morning Biz News Update: Innovations and Market Movements

FNB Namibia Launches Innovative ChatPay Feature FNB Namibia has taken a significant step towards enhancing user experience by introducing a new chat feature within the FNB App. The innovative ChatPay allows users to initiate payments seamlessly without requiring a formal bank account number. According to Amore Nicholson, the Digital Banking Head at FNB Namibia, this solution combines convenience, simplicity, and affordability. Customers can now chat and make payments simultaneously and […]

todayOctober 23, 2024 24

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Business / Economics

Bank of Namibia Issues Warning on Fraudulent Investment Schemes

The Bank of Namibia has raised alarms about an increase in fraudulent investment schemes that falsely promise financial support for the nation’s development initiatives. These scams primarily target high-ranking government officials and traditional leaders, exploiting their reputations to gain credibility. The Bank has also observed that religious and traditional leaders are being approached to promote these deceptive schemes within their communities, further misleading the public. The regulator's Josefina Oskar:  

todayOctober 23, 2024 22

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Business / Economics

Hyphen Hydrogen Energy to Launch Green Ammonia Production in Lüderitz by 2026

Hyphen Hydrogen Energy is set to manufacture green ammonia at a deepwater port in Angra Point Lüderitz for export by 2026. As per One Africa TV, the company's CEO, Marco Raffinetti, says Namibia is expected to produce two million tons of green ammonia annually between 2028 and 2030. Raffinetti outlined Hyphen's production plans and phases during a media site visit to Tsau //Khaeb National Park in the //Kharas region.

todayOctober 22, 2024 16

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Business / Economics

Josef Kefas Sheehama Asserts That Green Bonds Are Essential for Namibia’s Sustainable Future

Business and Economics researcher, Josef Kefas Sheehama, recently highlighted the importance of Green Bonds as a crucial financial tool for promoting sustainability in Namibia. Sheehama echoed the sentiments of the Minister of Environment, Forestry, and Tourism, who emphasized the need for private sector engagement in combating climate change.  

todayOctober 22, 2024 16

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Business / Economics

INTERVIEW: Business and Economics Researcher Josef Kefas Sheehama on Green Bonds

In a recent discussion, Business and Economics researcher Josef Kefas Sheehama highlighted the importance of Green Bonds as a crucial financial tool for promoting sustainability in Namibia. Sheehama echoed the sentiments of the Minister of Environment, Forestry, and Tourism, who emphasized the need for private sector engagement in combating climate change. Since 2005, many banks in Namibia have begun issuing Green Bonds to raise funds for sustainable initiatives. According to […]

todayOctober 22, 2024 9

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Business / Economics

Freedom Front Plus Warns ANC’s Embassy Move Could Impact Trade with Taiwan

The Freedom Front Plus in S.A warns that the ANC’s decision to move Taiwan’s embassy from Pretoria to Johannesburg could hurt South Africa’s 16-billion-rand trade relationship with Taiwan. They say this move, influenced by China, risks damaging trade and causing job losses. FF Plus leader Pieter Groenewald argues it undermines South Africa’s independence and was done without consulting other partners in the government of national unity:  

todayOctober 22, 2024 10

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