insert_link Business / Economics 20 February 2024 Morning Biz News: “Namibia Seeks Higher Diamond Stake in De Beers Negotiations, Rand Faces Decline Amidst Economic Anticipation, and Naira Hits Record Lows: A Snapshot of Current Financial Dynamics” Namibia is actively engaging in negotiations with De Beers to secure a higher percentage of diamonds extracted within its borders. Currently, Namibia retains 15% of diamonds mined by Debmarine and Namdeb for value addition under the existing agreement. With this arrangement set to conclude in 2026, Mines Minister Tom Alweendo has revealed ongoing discussions to potentially increase the country's share of diamonds. The South African rand faced a decline against […] todayFebruary 20, 2024 19
insert_link 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 3
insert_link Business / Economics IJG Ghost Biz – 15 February 2024 Gary and The Ghost speak about Santam, Transaction Capital's proposed unbundling of WeBuyCars, Cashbuild, Anglo American, and Naspers. https://iono.fm/e/1406017 todayFebruary 16, 2024 11
insert_link Business / Economics The Alexforbes Lead Story – 15 February 2024 David finds out more about the African Leadership Institute from co-founder Dr. Chrisna von Gericke-Fourie. https://iono.fm/e/1405983 todayFebruary 16, 2024 13
insert_link Business / Economics WEEKLY ECONOMICS WRAP: Global Economic Developments Impacting Various Sectors In a week marked by significant economic events, here's a roundup of key developments across different regions: Namibia: Plastic Bag Pricing Probe and TotalEnergies' Investment Focus The Environment, Forestry, and Tourism ministry in Namibia are investigating potential overpricing of plastic bags by retailers. Preliminary findings indicate that some businesses are charging between N$1 and N$5 per plastic carry bag, prompting concerns about adherence to government-mandated rates. On a positive note, […] todayFebruary 15, 2024 4
insert_link Business / Economics 15 February 2024 Morning Biz News: Economic Developments and Financial Indicators: A Snapshot of Recent News In the dynamic landscape of global economies, recent developments highlight the challenges and opportunities faced by various countries. From ambitious power projects in Namibia to currency fluctuations in South Africa, outstanding debts settlement in Nigeria, and unexpected economic downturns in Japan, this article provides insights into the latest economic trends. Additionally, we'll explore the current financial indicators that play a crucial role in shaping the economic landscape. NamPower's Bold […] todayFebruary 15, 2024 1
insert_link Business / Economics Market Watch – 13 February 2024 Michelle speaks to Oxford Economics economist Theo Klein about how inflation in our neighbouring countries affects us too. https://iono.fm/e/1405946 todayFebruary 14, 2024 21
insert_link 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 8
insert_link Business / Economics 13 February 2024 Biz News: Economic Landscape Update: Fuel Levy Increase, Currency Movements, and Global Market Dynamics A Comprehensive Overview of Key Developments Shaping Economic Trends 1. Road Fund Administration Seeks Additional N$1 Fuel Levy Increase The Road Fund Administration (RFA) in Namibia is actively pursuing a further N$1 increase in the fuel levy, building on the 20-cent hike implemented in December. While the initial adjustment aimed to address the funding gap for road maintenance and rehabilitation, RFA Chief Executive Officer Ali Ipinge acknowledges that it falls […] todayFebruary 13, 2024 7
