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

Business / Economics

1295 Results / Page 9 of 144

Background

Business / Economics

Potential Global and Namibian Economic Impacts of a Trump 2.0 Presidency

    Theo Klein, an economist from Oxford Economics Africa in South Africa, warns that a second Trump presidency may negatively affect global markets, leading to higher inflation, interest rates, a stronger US dollar, and suppressed oil prices. For Namibia, the potential impacts include a slower interest rate cutting cycle and rising inflation as discussed by Klein alongside factors that could affect Namibia's economy.

todayNovember 21, 2024 15

Business / Economics

S.A Union Urges Reserve Bank for Bigger Repo Rate Cut

  South African Union federation Cosatu urges the South African Reserve Bank to implement a larger-than-expected repo rate cut to help ease the financial strain on workers. Following the decrease in inflation to 2.8-percent in October, the federation believes a more significant rate reduction, beyond the anticipated 25 basis points, is needed to alleviate the burden on over-indebted households. Cosatu’s Zanele Sabela says high interest rates have forced workers to […]

todayNovember 21, 2024 19

Business / Economics

Telecom Upgrades Infrastructure with N$35.5 Million FTTx Projects

  Telecom has successfully completed eight Fibre-to-the-X projects, investing around N$35.5 million to enhance the country’s communication infrastructure. CEO Stanley Shanapinda highlighted that these 2023-2024 projects aim to replace outdated copper infrastructure, which has been vulnerable to theft and damage, with more reliable and efficient fibre technology.    

todayNovember 20, 2024 15

Business / Economics

In S.A, plans are underway to expand the port of Mossel Bay in the Western Cape

  In S.A, plans are underway to expand the port of Mossel Bay in the Western Cape to accommodate larger cruise ships of up to 300 metres. The current setup requires vessels to anchor offshore, limiting tourist access during rough weather. A key stakeholder meeting this week is set to finalise long-term development strategies for the port. Minister of Transport, Barbara Creecy says the upgrades are part of broader efforts […]

todayNovember 19, 2024 22

Business / Economics

Bank of Namibia Hosts CMA Central Bank Governors Meeting

  The Bank of Namibia organized a high-level meeting of the Common Monetary Area Central Bank Governors, led by Governor Johannes !Gawaxab. The meeting included Governor Lesetja Kganyago from the South African Reserve Bank, Governor Emmanuel Letete from the Central Bank of Lesotho, and Governor Phil Mnisi from the Central Bank of Eswatini. Here's BoN'S Communications Practitioner: Josefina Oskar:  

todayNovember 19, 2024 31

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