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

Economic development

85 Results / Page 7 of 10

Background

Namibia

European Union launches €16 million ECD reform programme in Namibia

The European Union Delegation to Namibia has launched an Early Childhood Development Reform Programme at the Harmony ECD Centre in the Mix settlement. The ECD Reform Programme is an EU-flagship programme on early childhood development and pre-primary education aimed at contributing to a well-educated and skilled society in Namibia which can play an active role in the nation’s social and economic development. The programme has a budget of Euro 16 […]

todayApril 18, 2024 49

Africa

Africa’s millionaire population expected to increase by 65%

There is USD 2.5 trillion in total investable wealth currently held on the African continent, and its millionaire population is set to rise by 65% over the next 10 years. This is according to the 2024 Africa Wealth Report, published by Henley & Partners and wealth intelligence company New World Wealth. In its 9th edition, the latest report reveals that there are currently 135,200 high-net-worth individuals with a liquid investable […]

todayApril 16, 2024 6

Business / Economics

Namibia’s digital nomad visa takes lead over South Africa’s

South Africa is following in Namibia's footsteps. This as the country is planning a policy reform with new visa regulations. SA is introducing the digital nomad visa for remote work if earnings exceed R1 million. Bloomberg News reports that a point-based system will replace the critical skills list, with criteria set for publication by the end of April. Also, requirements for police clearance certificates and other documents are being relaxed. […]

todayApril 9, 2024 46

Business / Economics

Saudi Arabia pledges support to Pakistan

The Pakistan foreign office on Monday announced that Pakistan and Saudi Arabia have reiterated their dedication to accelerate an investment package worth $5 billion previously discussed. This reaffirmation came one day after Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman. Separately, the Diplomat reports that in the recent discussions, Riyadh might have encouraged Pakistan to regain financial stability by entering into an arrangement with the International […]

todayApril 9, 2024 51

Namibia

Bank of Namibia engages stakeholders on oil and gas projects in the //Karas region

Bank of Namibia Governor,  Johannes !Gawaxab, has engaged stakeholders in Lüderitz about the potential from recent oil and gas discoveries and green hydrogen projects. The event, spanning from April 3 to April 4, 2024, included a public lecture titled "Positioning Namibia’s Oil & Gas Endowments: Avoiding the Dutch Disease". Kazembire Zemburuka, Director of Strategic Communications and International Relations, at the Bank of Namibia.

todayApril 4, 2024 84

Business / Economics

Fitch Ratings Rates Namibia’s Development Bank as Outlook Stable

  Opinion Piece, By Josef Kefas Sheehama     Fitch Ratings has affirmed DBN's Long-Term Issuer Default Ratings (IDR) at 'BB-' and it’s National Long-Term Rating at 'AA+. These credit ratings cover the widest range of credit risk factors and have no limitations. The Namibian Development Bank (DBN) is the country's flagship and largest policy bank, contributing to economic and social development. Its strategy is in line with national development […]

todayMarch 26, 2024 32

Business / Economics

Private trains to ply South African rail network in commercial revamp

    By Seth Onyango, bird story agency   South Africa is opening its rail network to private train operators in a commercial pivot to revitalise a key component of its transport and logistics infrastructure. It is part of the state-run logistics firm, Transnet SOC Ltd to inject dynamism into the sector, plagued by inefficiencies and maintenance challenges. On Friday, March 15, Transnet published a document laying the groundwork for […]

todayMarch 18, 2024 32