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

Biz News

63 Results / Page 7 of 7

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Business / Economics

BIZ NEWS 1 FEBRUARY 2024: Financial Insights Digest: Economic Surges, Strategic Moves, and Global Indicators – A Comprehensive Overview

1. Namibia's Economic Outlook Soars on Surging Uranium Prices The Chamber of Mines anticipates a robust economic boost for Namibia in 2024, driven by a remarkable surge in uranium prices, marking the highest in over 12 years. Veston Malango, CEO of the Chamber, highlights the expected upturn, fueled by increased production in existing mines and the anticipated commencement of production at the Langer Heinrich uranium mine in the first quarter […]

todayFebruary 1, 2024 5

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Business / Economics

Unlocking Namibia’s Potential: High Economic Intelligence’s Salomo Hei Discusses the Benefits of Uranium

Jan 31, 2024,/ Leonard Witbeen In a recent interview, Salomo Hei, the Managing Director at High Economic Intelligence, shares insights into the significant benefits of uranium for Namibia's economic landscape. Hei expresses optimism about the global development of nuclear power as a diversified energy source. He highlights the positive impact on the energy sector, emphasizing the success stories of nuclear power in various parts of the world. Namibia, being one […]

todayJanuary 31, 2024 34 2

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Business / Economics

31 JANUARY BIZ NEWS: Global Financial Landscape: Surges in Namibian Exports, Nigeria’s Diversification Plans, and Market Dynamics Shape January Trends

Namibia's Horticultural Exports Surge by 26% to N$1.73 Billion: According to the latest statistics, Namibia's horticultural produce exports witnessed an impressive 26% growth, reaching N$1.73 billion from April to September. This marks a significant increase from N$1.37 billion recorded in the corresponding period of 2022-2023. The Namibian Agronomic Board reports a substantial rise in export tonnage, soaring from 73,140 in 2022-2023 to over 111 thousand in 2023-2024, reflecting a remarkable […]

todayJanuary 31, 2024 8

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Africa

BIZ NEWS JANUARY 25, 2024: Namibian Government Rules Out Immediate National Airline, Hints at Regional Carrier Future

In the wake of Air Namibia's 2021 liquidation, the Namibian government has officially dismissed any immediate plans for a new national airline. Works and Transport Minister John Mutorwa conveyed this decision, while also offering a glimpse of hope for the emergence of a future Namibian-flag carrier. Mutorwa hinted at the possibility of a smaller, regional airline taking flight down the line. [Read more] South Africa's Inflation Sees Further Decline in […]

todayJanuary 25, 2024 5

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Business / Economics

BUSINESS AND FINANCIALS UPDATE 24 JANUARY 2024

Orano Mining Namibia Contemplates Resuming Operations at Trekkopje Mine Amidst Uranium Price Surge: Orano Mining Namibia is currently exploring potential actions, including the potential resumption of operations at its Trekkopje Mine, driven by the recent upswing in uranium spot prices. The mine, located in the Erongo Region, was placed under care and maintenance in 2013, with the commencement of operations deferred indefinitely, contingent upon the eventual recovery of uranium prices. […]

todayJanuary 24, 2024 6

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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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Business / Economics

Biz Buzz: Namibia Triumphs as Best Startup Ecosystem in Africa and More Financial Highlights

1. Namibia Secures Best Startup Ecosystem Title Namibia has clinched the esteemed title of the Best Startup Ecosystem in Africa, a testament to the country's unwavering dedication to fostering entrepreneurship resilience and maintaining a supportive business environment. The Namibia Investment Promotion and Development Board proudly accepted this accolade, recognizing the nation's efforts in promoting innovation, fostering cross-continental collaboration, and encouraging entrepreneurial endeavors. 2. Invest in African Energy Forum Returns to […]

todayJanuary 12, 2024 8

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Uncategorized

Morning Breaking Business News: Global Economic Highlights

By Leonard Witbeen | January 10, 2024 Namibia Revenue Agency Launches Second Time Release Study In a strategic move to enhance trade efficiency, the Namibia Revenue Agency  has revealed plans for the second Namibia Time Release Study at the Trans Kalahari Border Post. Scheduled from January 15 to January 25, the study aims to provide a comprehensive assessment of the real-time duration for the release and clearance of goods. It […]

todayJanuary 11, 2024 16

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Business / Economics

MORNING BIZ NEWS

Poultry Producers Gear Up for International Expansion Amidst Avian Influenza Concerns Domestic poultry producers are eyeing expanded market horizons as they set their sights on exporting chicken and eggs to South Africa and Europe. The Poultry Producers’ Association has validated this strategic move, citing the recent Avian Influenza outbreak as a significant catalyst behind this pivotal decision. Leveraging the surge in demand and potential market opportunities, producers are actively preparing […]

todayJanuary 9, 2024 4

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