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    Josia Shigwedha

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    Josia Shigwedha

Business

92 Results / Page 7 of 11

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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, […]

today15 February, 2024

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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 […]

today15 February, 2024

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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 […]

today14 February, 2024

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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 […]

today13 February, 2024

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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 […]

today12 February, 2024

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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 […]

today9 February, 2024