insert_link Business / Economics 6am 16 January 2024 Economic Highlights and Financial Indicators: A Recap of Recent Developments Namibia's Economic Growth Projection for 2024: Namibia is poised to witness one of the slowest economic growth rates in Africa in 2024, ranking ninth according to the United Nations (UN) World Economic Situation Prospects Report. The report forecasts a deceleration in the country's gross domestic product (GDP) to 2.6%, down from the 3.2% projected for 2023. South African Rand Weakening Against the Dollar: On Monday, the South African rand […] todayJanuary 16, 2024 8
insert_link Namibia Local Economic expert weighs in on Geingob’s Year Of Expectations This period serves as a favorable occasion to contemplate what holds utmost significance. His Excellency Dr Hage G. Geingob has proclaimed 2024 as "The Year of Expectations." With the impending general elections in 2024, there exists significant pressure on political leaders to address economic challenges and enact policies fostering an inclusive and competitive economy. An Independent Economic and Business Researcher offers insights into the National Development Plan 6. todayJanuary 15, 2024 46
insert_link 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
insert_link Interview Transcripts Josef Sheehama on “Navigating the Year of Expectations: Insights into Namibia’s Economic Landscape” Our team recently spoke with Independent Economic And Business Researcher Joseph Sheehama. And what a great topic or shall we say topics we covered. Here's the full trnascript. In a recent radio interview, Mr. Joseph Sheehama, a prominent figure and commentator on Namibian affairs, shared valuable insights on various topics, including the upcoming general elections, the state of the nation's development, and the role of the informal sector. This article […] todayJanuary 15, 2024 8
insert_link South Africa City of Cape Town is calling for a clear deadline for private sector involvement in the Port of Cape Town The City of Cape Town is calling for a clear deadline for private sector involvement in the Port of Cape Town. Mayoral committee member for Economic Growth, James Vos, says with a private sector partner due to commence operations at the Port of Durban in April, there is continued silence from the national government on a timeline for a private sector partner boost for Cape Town. He says allowing private […] todayJanuary 12, 2024 4
insert_link Namibia Maerua Mall introduces Entrepreneur Market Maerua Mall has introduced an Entrepreneur Market, providing businesses with the opportunity to showcase their products to the Namibian market. Carmen Jason, the Marketing Executive at Maerua, along with Oryx Properties, explains the initiative. todayJanuary 12, 2024 39
insert_link 2 1 Oshiwambo Martin Lukato wo National Democratic Party (NDP) ahoolulwa natango aninge omuwiliki wongudu. Omuwiliki wongudu yo , Martin Lukato, okwa lopotwa ahoolulwa natango onga omukwateli komesho wongudu. Lukato okwa lopotwa ahoolulwa okupitila moshongalele shotete shongudu yavo okudja nghene yatotelwepo, pefimbo loshongalele osho shali shaningilwa ko Katima Mulilo. Pefimbo loshongalele David Mwilima naye okwa hoolululwa onga omutivali president wongudu omanga ovo vakala noshinakuwanifwa shouhamushanga wongudu, omupedu hamushanga omunashipundi wopashiwana, omutuvikili wemona, omupopiliko wongudu oshoyo omuxwaxwameki nomukwatakanifa navo vaalulilwa oinakuwanifwa yavo. Olopota oyati eemito dikwao […] todayJanuary 9, 2024 16 1 2
insert_link Business / Economics Trustco Group reports resilient 2023 financial results Trustco Group Holdings Limited has released its 2023 financial results. The group maintained strong financial standing, ending the year with N$ 1.15 billion in shareholders' equity. However, the Group's Net Asset Value declined from N$ 1,834 million to N$ 1,153 million. Here’s Deputy CEO Quinton Van Rooyen Junior. todayDecember 19, 2023 59
insert_link Business / Economics Competition Commission investigates merger violations The Namibian Competition Commission says there are a few cases that they are currently investigating. In addition, 10 cases of contravention of merger regulations are under investigation and the mergers division is monitoring a further 37 cases. Meanwhile, in respect to anti-competitive conduct, the Commission during 2023, handled 19 investigations, of which six have been completed. Here is the Director of Enforcement and Cartels Division at NaCC, Paulus Hangula with […] todayDecember 13, 2023 15