Black Business Federation of South Africa Advocates for Inclusive Growth at G20

Black Business Federation of South Africa Advocates for Inclusive Growth at G20

The Black Business Federation of South Africa calls for inclusive growth and free trade during South Africa's G20 presidency. CEO Ntsikelelo Dlulane highlights the opportunity to prioritise Africa’s interests, including reducing capital costs for developing economies. The federation has emphasised the need for the growth of small, medium and micro enterprises:

December 16, 2024 11

Business / Economics

President Ramaphosa Reaffirms South Africa’s Commitment to African Continental Free Trade

S.A's President Cyril Ramaphosa says his country is committed to ensuring that continental economic development frameworks like the African Continental Free Trade Area are a success. He addressed the inaugural South Africa-Angola Business Forum in Pretoria yesterday. South Africa’s exports to Angola have grown by approximately eleven-percent since 2019. Ramaphosa says the country is seeking to revitalise its industrial base, modernise its infrastructure network, and strengthen logistics and supply […]

December 13, 2024 17

Business / Economics

Global demand and drought impact GDP

The Bank of Namibia has released the Economic Outlook update for December 2024. The domestic economy is estimated to expand by 3.5 percent in 2024 and 4.0 percent in 2025. However, GDP growth is expected to slow in 2024 due to weaker global demand for minerals and drought-related impacts. Here is Josefina Oskar from the Bank of Namibia.

December 2, 2024 10

Business / Economics

Letshego Holdings Namibia Appoints New Head of Credit

Letshego Holdings Namibia has announced the appointment of Herwin Tsowaseb as its new Head of Credit, effective 15 November 2024. With over a decade of experience in credit evaluation and financial management, Herwin will contribute to advancing financial inclusion and sustainable growth. His appointment strengthens the company’s efforts to empower customers and enhance its market position.

November 21, 2024 6

Local

NSX Unveils New Brand Identity and Celebrates Scholars Competition Winners

Windhoek, Namibia — It is with great excitement and pride that the Namibia Securities Exchange (NSX) announces its official rebranding and the conclusion of this year’s Scholars Competition, NSIC 2024. The event, held on 15 November 2024, marks a pivotal transformation for the NSX, as it not only unveiled a fresh new look but also celebrated the exceptional achievements of Namibia’s brightest young minds. NSX Rebrand: A Bold Step Toward […]

November 20, 2024 8

Namibian Elections 2024

Swapo’s Amutenya Commits to Addressing National Challenges

SWAPO's Member of the Central committee Willem Amutenya said the government will continue to identify solutions to challenges facing the country. Amutenya highlighted challenges such as Youth unemployment, hunger and lack of portable water.

November 18, 2024 20

Local

United Nations World Data Forum 2024 To Renew Global Action Plan on Sustainable Development Data

Opening Press Briefing Tuesday, 12 November WHAT: Curtain-raiser press briefing in conjunction with the opening of the UN World Data Forum 2024. The Forum will be hosted by the government of Colombia with support from the Departamento Administrativo Nacional de Estadística (DANE-Colombia), the statistical office, the city of Medellín (Alcaldía de Medellín), and the Statistics Division in the United Nations Department of Economic and Social Affairs (UN DESA). More […]

November 12, 2024 6

2

Business / Economics

Employers Federation Talks New National Minimum Wage

The Labour, Industrial Relations, and Employment Creation minister, Utoni Nujoma, announced that the national minimum wage will rise to N$18 per hour, effective January 1, 2025. Terrence Makari from the Employers Federation of Namibia provides insights on this important development.

November 6, 2024 33 2

Namibia

Roads Authority Graduation Ceremony Supports SMEs in Tender Processes

The Roads Authority hosted a five-day graduation ceremony in Windhoek aimed at empowering Small and Medium-Sized Enterprises with insights into tender processes. Spokesperson Hileni Fillemon provided further details on the initiative.

November 5, 2024 22