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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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

Economic development

85 Results / Page 2 of 10

Background
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Business / Economics

Shell’s challenges may reflect wider issues for oil drilling companies

Shell used the Deepsea Bollsta rig, formerly known as West Bollsta for its drilling campaign in Namibia's Orange Basin; Source: Odfjell Drilling   Energy lawyer Shakwa Nyambe has cautioned that the challenges Shell is facing in the Orange and Walvis Basins may soon affect other oil drilling companies operating in these regions. His remarks follow the UK-headquartered energy giant's recent write-down of US$400 million in the Orange Basin. Speaking to […]

todayJanuary 13, 2025 95

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Namibia

Rehoboth Expands Boundaries to Foster Growth and Development

The Urban and Rural Development ministry has expanded Rehoboth's municipal boundaries by incorporating land from the Khomas Region, aimed at enhancing economic and property development opportunities. The newly included areas are situated near the B1 road and will host projects submitted by Sandwerf One and Two Investments (Pty) Ltd, specializing in agri-tourism and residential development. Desiree Pieters is the town council's PRO:  

todayJanuary 9, 2025 47

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Business / Economics

Namibia retains AGOA eligibility

The United States has confirmed that Namibia will retain its eligibility for the African Growth and Opportunity Act (AGOA) benefits in 2025, alongside 31 other African nations. The announcement follows an annual review process by the US Trade Representative (USTR), including a July public hearing to assess compliance with AGOA’s criteria. AGOA is a trade agreement that promotes economic growth and development in sub-Saharan Africa by providing eligible countries with […]

todayJanuary 7, 2025 35

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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 […]

todayDecember 13, 2024 23

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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.  

todayDecember 2, 2024 17

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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.

todayNovember 21, 2024 11

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 […]

todayNovember 20, 2024 14