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Business

92 Results / Page 1 of 11

Background

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 2

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 26

Namibia

Parolees shine at Women at Work Training centre graduation

https://youtu.be/YT9f6BdWCss     By Ketemba Tjipepa via News on One    In a celebration of determination and resilience, the Women at Work Training Centre in Windhoek witnessed a milestone as seven students, including three inmates on parole from the Windhoek Correctional Facility, graduated from their three-month dress-making and pattern-designing course today. The graduation ceremony, themed "New Beginnings," marked a significant step forward for individuals often forgotten and neglected by society. […]

todayApril 29, 2024 4

Business / Economics

Standard Bank’s Thomas Koneka Iindji dies aged 44

Renowned banker and former Namibia Chamber of Commerce and Industry Northern Branch Chairperson, Thomas Koneka Iindji, has died aged 44. This, according to the Namibia Press Agency, was confirmed by a family member, saying that Iindji died on Tuesday in Windhoek. At the time of his death, he held the position of Head of Business and Commercial Banking at Standard Bank, a position he assumed in February this year. He […]

todayApril 23, 2024 82

Business / Economics

11-18 April 2024 Weekly Economics Wrap: Insights from Around the Globe

Namibian Financial Landscape: The Bank of Namibia has decided to maintain the repo rate at 7.75 percent, signaling a cautious approach to monetary policy amid economic uncertainties. Sanlam Namibia reported significant growth in assets, reaching N$4.6 billion in 2023. CEO Tertius Stears expressed confidence in the company's performance, anticipating further growth in policy liabilities. Developments in South Africa: The South African rand experienced depreciation against the U.S. dollar amidst escalating […]

todayApril 18, 2024 9

Business / Economics

09 April 2024 Morning Biz News: Latest Financial Highlights: Growth, Strength, Collaboration, and Market Insights

The Namibia Depository Guarantee Authority reported a growth in its investment value to N$16.2 million by the end of the 2022 financial year, attributed to received premiums and interest earnings. Florette Nakusera, NDGA's head, affirmed the security of the fund's assets, which were invested in line with approved policies and guidelines. South Africa's rand saw a boost following central bank data indicating a rise in foreign reserves last month. By […]

todayApril 9, 2024 5

Business / Economics

Recent Financial Developments: Namibia’s MetMast Inauguration, Zimbabwe’s Currency Plans, Wall Street Rally, and Crude Oil Surge

Namibia's Hyphen Meteorological Mast Inaugurated: President Nangolo Mbumba has officially inaugurated the Hyphen Meteorological Mast and its associated sensor equipment in Tsau //khaeb National Park, near Lüderitz, in the //Kharas region. Standing at 120 meters tall, the MetMasts are equipped with advanced instruments to measure various parameters such as wind, temperature, humidity, and solar irradiation. Zimbabwe Plans to Introduce New Currency: Zimbabwe's central bank announced plans on Friday to replace […]

todayApril 8, 2024 14

Business / Economics

05 April 2024 Morning Biz News: Latest Financial Indicators: Opportunities, Stability, and Upward Trends

In the ever-evolving landscape of global economics, recent projections and indicators shed light on various sectors, from renewable energy to consumer spending and currency markets. Let's delve into the latest financial indicators that reflect opportunities, stability, and upward trends. Namibia's Solar Potential: A Bright Path to Growth Global consultancy firm McKinsey & Company has forecasted a promising future for Namibia's renewable energy sector. By the year 2050, domestic production of […]

todayApril 5, 2024 17

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