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

Business

97 Results / Page 7 of 11

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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 9

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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 8

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Business / Economics

12 Feb 2024 Biz News: Economic Insights: Plastic Bag Pricing Probe, Sasol’s Profit Dip, Moody’s Downgrades Niger, and Bezos’ Amazon Share Sell-Off

1. Investigation Launched into Potential Overpricing of Plastic Bags In a bid to ensure fair pricing and compliance with regulations, Namibia's Environment, Forestry, and Tourism ministry have initiated an investigation into the pricing practices of retailers concerning plastic bags. Minister Pohamba Shifeta acknowledges preliminary findings revealing that some stores are charging between N$1 and N$5 per plastic carry bag, potentially exceeding government-mandated rates. This move reflects the government's commitment to […]

todayFebruary 12, 2024 10

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Local

Katuka participants begin self-empowerment journey

    Bank Windhoek is a genuine relationship bank, a conduit for young women and their dreams to deliver real value for Namibians and their future. This statement was shared by Bank Windhoek’s Head of Strategic Communication, Hayley Allen, on Wednesday, 7 February 2024, at the first training sessions of the 2024 Katuka Mentorship Programme hosted at the Capricorn Corner Building in Windhoek. “The essence of what you are about […]

todayFebruary 9, 2024 9

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Business / Economics

9 February 2024 Biz News: Economic Highlights: Namibia’s Diamond Surge, NNPC’s Fuel Price Assurance, and Global Market Updates

In the dynamic landscape of global markets, several key developments have unfolded, impacting economies and industries. In this article, we delve into the latest economic highlights, ranging from Namibia's booming diamond production to Nigeria's stance on petrol prices, and the ripple effects of geopolitical tensions on oil prices and currency markets. Namibia's Diamond Production Soars: Namibia has witnessed a significant upswing in rough diamond production, reaching 2.327 million carats in […]

todayFebruary 9, 2024 7

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Uncategorized

8 February 2024 Biz News: Global Economic Highlights: TotalEnergies’ Potential Oil Discovery, Rand’s Movement, and Market Trends

  In the dynamic world of global economics, recent developments have captured the attention of investors and analysts alike. From potential oil discoveries off the coast of Namibia to shifts in currency values and market trends, let's delve into the latest financial indicators and explore the implications of these events. TotalEnergies' Deepwater Drilling Success in Namibia: TotalEnergies, a major player in the energy sector, has reported positive results from its […]

todayFebruary 8, 2024

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Business / Economics

07 February 2024 Morning Biz News: Current Economic Landscape: Key Updates

07 February 2024 Economics Update-   Namibian President's Cautious Optimism Amid Challenges: President Nangolo Mbumba, in the opening of the 9th session of the 7th Parliament, shares cautious optimism about Namibia's economic trajectory. While highlighting achievements in socio-economic development, he acknowledges significant challenges. President Mbumba urges Members of Parliament to focus on enacting laws that will support and bolster economic growth. De Beers and Okavango Diamond Company Appeal on Russian […]

todayFebruary 7, 2024 3

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