insert_link 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 8
insert_link 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 8
insert_link 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 6
insert_link 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
insert_link Business / Economics Tourism Focus – 6 February 2024 CEO of the Hospitality Association of Namibia, Gitta Paetzold gives us a quick look back at the tourism sector's performance in 2023 and what her outlook for the rest of this year is. https://iono.fm/e/1403681 todayFebruary 7, 2024 6
insert_link Business / Economics Market Watch – 6 February 2024 With the National Budget scheduled to be tabled later this month, Michelle spoke to independent economist Gabriel Erastus about government's budgets and their performance against the targets they set themselves. https://iono.fm/e/1403680 todayFebruary 7, 2024 30
insert_link 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
insert_link Business / Economics 06 February 2024 Economic Insights : February 2024 Biz News Roundup In this edition of Biz News we bring you the latest updates on key economic developments that could shape financial landscapes globally. From changes in fuel prices to international market trends, let's dive into the stories that matter. Fuel Price Adjustments in Namibia: The Namibian Ministry of Energy has announced a welcome relief for consumers with a reduction of 4 cents per litre in petrol and both variants of diesel […] todayFebruary 6, 2024 3
insert_link Business / Economics 2 FEBRUARY BIZ NEWS: Exciting Developments in Mining, Media, and Finance: A Roundup of Recent Market News B2Gold Corp Unveils Promising Exploration Results in Namibia In a recent announcement, B2Gold Corp has shared encouraging exploration results from the Antelope deposit within Namibia's Otjikoto Mine. The positive outcomes, particularly from the Springbok and Oryx Zones, hint at the potential establishment of a new underground mine. Clive Johnson, B2Gold's Chief Executive Officer, expressed optimism, highlighting a significant opportunity for expanding gold production in the region. This development underscores the […] todayFebruary 2, 2024 2
