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

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20 Results / Page 2 of 3

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Business / Economics

07 March 2024 Morning Biz News: Namibia’s Oshikoto Region Receives Boost with N$400 Million Investment in Otjikoto Biomass Power Station

In a strategic move to combat energy supply shortages in the Oshikoto Region, the Namibian government has allocated a budget of N$400 million for the development of the 40-megawatt Otjikoto Biomass Power Station, located on the outskirts of Tsumeb. The announcement came from the Minister of Finance and Public Enterprises, Iipumbu Shiimi, emphasizing the government's commitment to enhancing the region's energy infrastructure. The Otjikoto Biomass Power Station is poised to […]

todayMarch 7, 2024 18

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Business / Economics

06 March 2024 Morning Biz News: Financial Highlights: Nedbank Namibia’s Commitment, South Africa’s Modest Growth, and Aliko Dangote’s Strategic Move

In a dynamic economic landscape, recent developments highlight the commitment of financial institutions, economic shifts, and strategic decisions by prominent figures. From Nedbank Namibia's substantial pledge towards Sustainable Development Goals to South Africa's modest economic growth, and Aliko Dangote's potential oil trading venture, the financial world is witnessing noteworthy changes. Additionally, we'll delve into the latest financial indicators to provide a comprehensive overview. Nedbank Namibia's Pledge towards Sustainable Development Goals: […]

todayMarch 6, 2024 9

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Business / Economics

5 March 2024 Morning Biz News: Recent Developments in Finance and Business: Avo SuperShop, Canal+’s MultiChoice Bid, Global Market Updates

In the dynamic landscape of finance and business, recent announcements and developments have caught the attention of investors and consumers alike. From the successful growth of Nedbank Namibia's Avo SuperShop to Canal+'s strategic move towards acquiring MultiChoice, and the latest updates in global markets, these events reflect the ever-evolving nature of the economic world. Nedbank Namibia's Avo SuperShop Flourishes: Nedbank Namibia proudly announces the remarkable expansion of its Avo SuperShop, […]

todayMarch 5, 2024 9

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Business / Economics

04 March 2024 Morning Biz News: Financial Highlights: Schwenk Zement, Rand Stability, CBN Forex Crackdown, and Oil Price Surge

1. Schwenk Zement International Terminates Purchase Agreement In a recent development, Schwenk Zement International GmbH has officially terminated its purchase agreement with RWCo GmbH concerning shares in Schwenk Namibia (Pty) Ltd. The stumbling block cited by RWCo is the Namibian Competition Commission conditions linked to the deal's approval. RWCo argues that these conditions lack a legal basis under Namibian competition law. The termination brings an end to what was expected […]

todayMarch 4, 2024 12

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Business / Economics

Driving Economic Transformation: Namibia’s Strategic Moves, South Africa’s Inflation Trends, and Global Financial Indicators

  In the dynamic landscape of global economics, strategic initiatives play a pivotal role in shaping the future prosperity of nations. In this article, we delve into three key developments that are currently influencing economic dynamics: Namibia's focus on dry ports and railway upgrades, South Africa's inflation trends, and the latest global financial indicators. Namibia's Economic Transformation: Analysts are highlighting the transformative potential of prompt execution of dry ports and […]

todayFebruary 22, 2024 13

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Business / Economics

15 February 2024 Morning Biz News: Economic Developments and Financial Indicators: A Snapshot of Recent News

  In the dynamic landscape of global economies, recent developments highlight the challenges and opportunities faced by various countries. From ambitious power projects in Namibia to currency fluctuations in South Africa, outstanding debts settlement in Nigeria, and unexpected economic downturns in Japan, this article provides insights into the latest economic trends. Additionally, we'll explore the current financial indicators that play a crucial role in shaping the economic landscape. NamPower's Bold […]

todayFebruary 15, 2024 1

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Business / Economics

Economic Highlights and Financial Indicators: A Snapshot of Recent Developments

Namibia's Tourism Sector Sees a Surge in Leisure Travel: In 2023, the Hospitality Association of Namibia reported a significant shift in travel patterns, with 90% of visits attributed to leisure trips. This marks a notable increase from the 84% recorded in 2019. The data suggests a growing preference for immersive and experiential travel within Namibia's tourism industry, reflecting a positive trend for the country's leisure sector. South Africa's Rand Weakened […]

todayJanuary 22, 2024 2

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Business / Economics

Latest Developments in Business and Finance – The Morning Update

NamWater's Ambitious Desalination and Power Plant Project Advances: Namibia Water Corporation Ltd (NamWater) has successfully concluded the Environmental and Social Impact Assessment (ESIA) for its expansive desalination and power plant initiative along the central coast. With an estimated investment of N$4.2 billion, the project aims to address critical water and power needs. The final ESIA report has been prepared following a thorough public review process from September 22 to October […]

todayJanuary 15, 2024 5

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