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

Biz News

63 Results / Page 6 of 7

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Business / Economics

Morning Biz News 19 February 2024 :Economic Highlights: Developments and Challenges Across Africa

  In the ever-evolving landscape of African economies, recent developments and challenges have shaped the financial outlook for various nations. This article explores key updates from Puma Energy Namibia, South Africa's currency resilience, the African Development Bank's economic report, and the impact of U.S. economic indicators. Puma Energy Namibia's Pause on EV Charging Stations: Puma Energy Namibia recently announced the temporary suspension of its initiative to install electric vehicle (EV) […]

todayFebruary 19, 2024 4

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Business / Economics

Financial Highlights: Dundee Precious Metals, Currency Movements, Inflation Concerns, and Oil Price Uncertainty February Morning Biz News:

  In the dynamic world of finance, recent developments have brought forth significant changes, impacting various sectors. Let's delve into some key updates affecting Dundee Precious Metals Inc., currency movements, inflation concerns in Nigeria, and the uncertainty surrounding oil prices. 1. Dundee Precious Metals Announces Potential Sale of Tsumeb Smelter Dundee Precious Metals Inc. has made a strategic decision to explore the potential sale of its Tsumeb smelter, citing a […]

todayFebruary 16, 2024 7

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Business / Economics

14 February 2024 Morning Biz News: Economic Insights: Namibia’s Wind Energy Potential, Rand Weakens, OPEC’s Oil Demand Forecast, and Global Market Shifts

A Comprehensive Overview of Key Economic Developments and Financial Indicators 1. McKinsey & Company Report Highlights Namibia's Wind Energy Revenue Potential A recent McKinsey & Company report underscores Namibia's potential to generate N$13.9 billion in revenue by 2050 through local production of wind turbine towers and blades. The report breaks down the potential contribution, with a direct impact of 30%, an indirect contribution of 41%, and an induced contribution of […]

todayFebruary 14, 2024 9

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Business / Economics

12 Feb 2024 Biz News: Economic Insights: Plastic Bag Pricing Probe, Sasol’s Profit Dip, Moody’s Downgrades Niger, and Bezos’ Amazon Share Sell-Off

1. Investigation Launched into Potential Overpricing of Plastic Bags In a bid to ensure fair pricing and compliance with regulations, Namibia's Environment, Forestry, and Tourism ministry have initiated an investigation into the pricing practices of retailers concerning plastic bags. Minister Pohamba Shifeta acknowledges preliminary findings revealing that some stores are charging between N$1 and N$5 per plastic carry bag, potentially exceeding government-mandated rates. This move reflects the government's commitment to […]

todayFebruary 12, 2024 11

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Business / Economics

9 February 2024 Biz News: Economic Highlights: Namibia’s Diamond Surge, NNPC’s Fuel Price Assurance, and Global Market Updates

In the dynamic landscape of global markets, several key developments have unfolded, impacting economies and industries. In this article, we delve into the latest economic highlights, ranging from Namibia's booming diamond production to Nigeria's stance on petrol prices, and the ripple effects of geopolitical tensions on oil prices and currency markets. Namibia's Diamond Production Soars: Namibia has witnessed a significant upswing in rough diamond production, reaching 2.327 million carats in […]

todayFebruary 9, 2024 9

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8 February 2024 Biz News: Global Economic Highlights: TotalEnergies’ Potential Oil Discovery, Rand’s Movement, and Market Trends

  In the dynamic world of global economics, recent developments have captured the attention of investors and analysts alike. From potential oil discoveries off the coast of Namibia to shifts in currency values and market trends, let's delve into the latest financial indicators and explore the implications of these events. TotalEnergies' Deepwater Drilling Success in Namibia: TotalEnergies, a major player in the energy sector, has reported positive results from its […]

todayFebruary 8, 2024

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Business / Economics

07 February 2024 Morning Biz News: Current Economic Landscape: Key Updates

07 February 2024 Economics Update-   Namibian President's Cautious Optimism Amid Challenges: President Nangolo Mbumba, in the opening of the 9th session of the 7th Parliament, shares cautious optimism about Namibia's economic trajectory. While highlighting achievements in socio-economic development, he acknowledges significant challenges. President Mbumba urges Members of Parliament to focus on enacting laws that will support and bolster economic growth. De Beers and Okavango Diamond Company Appeal on Russian […]

todayFebruary 7, 2024 3

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Business / Economics

06 February 2024 Economic Insights : February 2024 Biz News Roundup

In this edition of Biz News we bring you the latest updates on key economic developments that could shape financial landscapes globally. From changes in fuel prices to international market trends, let's dive into the stories that matter. Fuel Price Adjustments in Namibia: The Namibian Ministry of Energy has announced a welcome relief for consumers with a reduction of 4 cents per litre in petrol and both variants of diesel […]

todayFebruary 6, 2024 3

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Business / Economics

2 FEBRUARY BIZ NEWS: Exciting Developments in Mining, Media, and Finance: A Roundup of Recent Market News

B2Gold Corp Unveils Promising Exploration Results in Namibia In a recent announcement, B2Gold Corp has shared encouraging exploration results from the Antelope deposit within Namibia's Otjikoto Mine. The positive outcomes, particularly from the Springbok and Oryx Zones, hint at the potential establishment of a new underground mine. Clive Johnson, B2Gold's Chief Executive Officer, expressed optimism, highlighting a significant opportunity for expanding gold production in the region. This development underscores the […]

todayFebruary 2, 2024 3

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