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

Business

98 Results / Page 1 of 11

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Business / Economics

Global demand and drought impact GDP

The Bank of Namibia has released the Economic Outlook update for December 2024. The domestic economy is estimated to expand by 3.5 percent in 2024 and 4.0 percent in 2025. However, GDP growth is expected to slow in 2024 due to weaker global demand for minerals and drought-related impacts. Here is Josefina Oskar from the Bank of Namibia.  

todayDecember 2, 2024 10

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World

Germany’s four-day work week pilot shows success

A pilot project of the four-day workweek in Germany has found that almost three-quarters of participants aren’t returning to a five-day standard. Bloomberg reports that some 73% of the 45 companies that participated in the six-month experiment will either fully implement the model or extend the trial, according to a report released Friday.

todayOctober 21, 2024 22

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Namibia

Omuthiya faces severe water crisis

Omuthiya, in the Oshikoto region, is currently facing a severe water crisis, with some residents going without water for several days, even up to a week. Local business owners have expressed frustration, saying that the lack of water makes it impossible to operate.   Omuthiyagwiipundi is the capital of the Oshikoto Region in northern Namibia and it is situated approximately 10 kilometres from Etosha National Park. It has about 7,500 residents

todaySeptember 30, 2024 40

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Business / Economics

Theo Baloyi: From Humble Beginnings to CEO of Bathu Shoes, Inspiring Africa

 Theo Baloyi, the dynamic CEO of Bathu Shoes, recently visited Namibia, sharing his inspiring journey and vision for his company and the African continent. Baloyi's story is one of perseverance, vision, and a deep commitment to creating opportunities and igniting hope. A Journey of Opportunity and Vision "I am the first employee of Bathu," Baloyi began, highlighting his recent promotion to Group CEO. Born in the impoverished Alexander Township in […]

todayJuly 8, 2024 57

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Namibia

President Mbumba Emphasizes Training and Involvement for Greater Share of Namibia’s Mineral Wealth

President Nangolo Mbumba stressed the need for proper training and active involvement of Namibians in mining operations to gain a larger share of the country's mineral wealth. During his visit to the Ministry of Mines and Energy, Mbumba highlighted the importance of encouraging young people to pursue challenging courses related to mining and petroleum extraction. He emphasized that having skilled individuals is crucial for Namibia to benefit fully from its […]

todayJuly 2, 2024 16

South Africa

South Africa’s Africa Restoration Alliance Vows Tough Stance on Unemployment

South Africa's Africa Restoration Alliance has called for citizens who refuse to work despite available job opportunities to be imprisoned. The party aims to secure a million votes in the upcoming elections and will contest nationally and provincially. ARA party leader, Jerome Swartz has expressed the party's commitment to bringing development and addressing the job crisis. Swartz urges voters to choose his party, promising independent narratives and job-focused solutions to […]

todayMay 24, 2024 28

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Business / Economics

EXCLUSIVE: Independent Business And Economics Researcher, Josef Kefas Sheehama on Shell’s Potential Departure from South Africa: Implications and Opportunities

As the global economic landscape continues to shift, recent developments have put South Africa and its neighboring countries on high alert. Josef Kefas Sheehama, an Independent Business and Economics Researcher, sheds light on the imminent withdrawal of Shell from South Africa after a remarkable 122-year presence. In a recent interview, Sheehama outlined the potential repercussions and highlighted opportunities for South Africa and Namibia amidst this transition. Sheehama emphasizes the magnitude […]

todayMay 7, 2024 36

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