insert_link Business / Economics BIZ NEWS 1 FEBRUARY 2024: Financial Insights Digest: Economic Surges, Strategic Moves, and Global Indicators – A Comprehensive Overview 1. Namibia's Economic Outlook Soars on Surging Uranium Prices The Chamber of Mines anticipates a robust economic boost for Namibia in 2024, driven by a remarkable surge in uranium prices, marking the highest in over 12 years. Veston Malango, CEO of the Chamber, highlights the expected upturn, fueled by increased production in existing mines and the anticipated commencement of production at the Langer Heinrich uranium mine in the first quarter […] todayFebruary 1, 2024 3
insert_link Business / Economics Namibia Brand Ambassadors Programme Laimi talks to Michelle McLean about what it felt like to be honoured in Times Square as well as what the Namibia Brand Ambassador Programme she spearheads is all about. https://iono.fm/e/1401109 todayJanuary 31, 2024 9
insert_link Business / Economics Market Watch – 30 January With a look at the year ahead, including the implications of the looming water crisis in the central areas of the country, Michelle van Wyk talks to Robert McGregor. https://iono.fm/e/1401101 todayJanuary 31, 2024 2
insert_link Business / Economics The Alexforbes Lead Story – 30 January With the Trustco Group having recently announced that they would be tapping into their shareholders in order to acquire N$ 2.4 billion for investments into the local economy, The Business Report caught up with Deputy CEO Quinton van Rooyen Jnr. to find out more. https://iono.fm/e/1401105 todayJanuary 31, 2024 60
insert_link Business / Economics 31 JANUARY BIZ NEWS: Global Financial Landscape: Surges in Namibian Exports, Nigeria’s Diversification Plans, and Market Dynamics Shape January Trends Namibia's Horticultural Exports Surge by 26% to N$1.73 Billion: According to the latest statistics, Namibia's horticultural produce exports witnessed an impressive 26% growth, reaching N$1.73 billion from April to September. This marks a significant increase from N$1.37 billion recorded in the corresponding period of 2022-2023. The Namibian Agronomic Board reports a substantial rise in export tonnage, soaring from 73,140 in 2022-2023 to over 111 thousand in 2023-2024, reflecting a remarkable […] todayJanuary 31, 2024 7
insert_link Africa 26 January 2024 Business Highlights – The World’s Latest Economic Developments By Leonard Witbeen Namibia Airports Company Engages Local Leaders for Airport ExpansionThe Namibia Airports Company (NAC) is in talks with traditional authorities and local leadership in the Zambezi and Kavango East regions to secure additional land for the development of modern airports. Bisey Uirab, NAC's CEO, highlighted that the current airports in the Zambezi and Kavango East regions are situated on land owned by the Ministry of Defence and Veterans […] todayJanuary 26, 2024 5
insert_link Africa BIZ NEWS JANUARY 25, 2024: Namibian Government Rules Out Immediate National Airline, Hints at Regional Carrier Future In the wake of Air Namibia's 2021 liquidation, the Namibian government has officially dismissed any immediate plans for a new national airline. Works and Transport Minister John Mutorwa conveyed this decision, while also offering a glimpse of hope for the emergence of a future Namibian-flag carrier. Mutorwa hinted at the possibility of a smaller, regional airline taking flight down the line. [Read more] South Africa's Inflation Sees Further Decline in […] todayJanuary 25, 2024 4
insert_link Business / Economics BUSINESS AND FINANCIALS UPDATE 24 JANUARY 2024 Orano Mining Namibia Contemplates Resuming Operations at Trekkopje Mine Amidst Uranium Price Surge: Orano Mining Namibia is currently exploring potential actions, including the potential resumption of operations at its Trekkopje Mine, driven by the recent upswing in uranium spot prices. The mine, located in the Erongo Region, was placed under care and maintenance in 2013, with the commencement of operations deferred indefinitely, contingent upon the eventual recovery of uranium prices. […] todayJanuary 24, 2024 4
insert_link Business / Economics Namibia’s Annual Inflation Moderates to 5.3% in December 2023 In December 2023, Namibia experienced a moderation in its annual inflation rate, standing at 5.3% year-on-year. This represented a slowdown from the 5.7% year-on-year figure observed in November 2023 and a more substantial decline from the 6.9% recorded the previous year. FNB Namibia Economist, Ruusa Nandago, provides insights into what can be anticipated regarding inflation for the year 2024. todayJanuary 24, 2024 20
