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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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

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33 Results / Page 2 of 4

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Business / Economics

03 February 2025 Biz News Update

  1. Dynamic Pricing and Domestic Tourism Concerns The shift in Namibia's hospitality industry from traditional fixed rates to dynamic pricing has raised concerns about the future of domestic tourism, already burdened by economic pressures. According to a recent survey by The Brief, a number of the country's major hotels have adopted fluctuating rates, driven by international trends and increasing operational costs. This new approach could impact local tourism as […]

today3 February, 2025 36

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Business / Economics

Morning Biz News Update – 27 January 2025

    Namibian Stock Exchange (NSX) Activity On 27 January 2025, the NSX recorded a total volume of 1,575,316 shares traded, valued at N$44.9 million across 34 deals. Financials and Basic Materials were the standout sectors, driving significant trade volumes and values. Year-to-date market activity has reached 4.54 million shares, totaling N$280.17 million across 334 deals. South African Rand Weakens The South African rand weakened yesterday, trading at 18.72 to […]

today28 January, 2025 17

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Business / Economics

10 January 2025 Morning Biz News Update: Growth in Milk Production, Trade Relations, and Economic Challenges

  Milk Production Surges Namibia’s milk production saw a notable increase in the third quarter, reaching 4.2 million litres, which marks a 7.5% year-on-year growth and an 11% rise compared to the previous quarter. According to the Bank of Namibia, the growth is attributed to the rise in the number of milk-producing cows and technological advancements that have improved production efficiency, reinforcing the positive outlook for the local dairy industry. […]

today10 January, 2025 13

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Business / Economics

09 January 2025 Morning Biz News: Namibian Stock Performance, South Africa’s Economic Challenges, and Global Financial Updates

  In the latest financial news, Letshego Holdings Namibia has emerged as the leader on the Namibian Stock Exchange for 2024, posting an impressive total return of 49.2%. This performance, based on the most recent figures, showcases Letshego’s strong position in the market. Nictus Holdings secured second place with a return of 30.4%, while Capricorn Group followed closely with a return of 24.7%. Meanwhile, in neighboring South Africa, the manufacturing […]

today9 January, 2025 21

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Business / Economics

7 November 2024 Morning Biz News Update: Global Economic Trends and Market Reactions

In the midst of economic uncertainty and fluctuating markets, key events have been shaping global financial trends this week, with implications for businesses and markets across Africa and beyond. Afreximbank Trade Finance Seminar at Windhoek Country Club Resort The Windhoek Country Club Resort is currently hosting the Afreximbank Trade Finance Seminar and Workshop, bringing together industry experts and stakeholders to foster intra-Africa trade and address challenges in the current global […]

today7 November, 2024 14

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Business / Economics

31 October 2024: Navigating Economic Shifts: Key Financial Updates from Namibia and Beyond

In recent developments, Finance Minister, Ipumbu Shiimi, has announced an extension of the country’s tax amnesty programme, now set to conclude on October 31, 2026. During his mid-term budget review presented in Parliament, Shiimi highlighted the overwhelming requests from various sectors to prolong this programme, which allows taxpayers to settle their full tax debts without incurring penalties or interest. This initiative is designed to enhance tax compliance and boost government […]

today31 October, 2024 26

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Business / Economics

21 October 2024 Morning Biz News: October Highlights and Financial Indicators

  In October, Pupkewitz Megabuild reported a significant year-on-year decline in its basket value, setting it apart among the four major hardware stores in Windhoek, as noted in The Brief survey. The store experienced a 15.25% decrease in basket value compared to October 2023, although there was a slight month-on-month increase of 0.15%. In global economic news, Russian President Vladimir Putin announced that the BRICS group is expected to lead […]

today21 October, 2024 22

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Namibia

NamPol Investigates Nearly N$1 Million Internet Fraud in Gobabis

The Namibian Police Force in Gobabis, Omaheke Region, is investigating a fraud and theft case after a man lost nearly N$1 million to internet fraud on Friday. The victim received a text message from an unknown number claiming he had purchased bitcoin. The suspect then called the victim, pretending to be a Bank Windhoek fraud official, and claimed the victim's account was under suspicion. During the call, the suspect convinced […]

today13 August, 2024 29

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Business / Economics

Global e-commerce skyrockets to $27 trillion

Did you know that the energy required for Bitcoin data mining reached 121 terra watts last year? That’s more than the amount consumed by most small countries. Daniel Johnson from UN news has more. Meanwhile, new data from 43 countries, representing about three-quarters of global GDP, show business e-commerce sales grew nearly 60% from 2016 to 2022, to reach $27 trillion.

today11 July, 2024 38