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    Josia Shigwedha

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    Josia Shigwedha

Economic Growth

157 Results / Page 9 of 18

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Business / Economics

Production sector experiences slight price decrease

The Namibia Statistics Agency has released the Producer Price Index for the third quarter of 2024, showing a slight decrease in production prices both quarter on quarter and year on year. This suggests a small contraction in the overall production sector. NSA spokesperson Mirjam Shihepo has the details.  

today21 November, 2024

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South Africa

In S.A The GOOD Party Welcomes Inflation Drop, Highlights Need for Long-Term Economic Solutions

    In S.A, the GOOD Party welcomes the cooling of inflation, saying this brings some relief to all South Africans. Consumer inflation dropped to 2.8-percent in October, the lowest level since June 2020. This marks a significant decrease from the 3.8-percent in September, driven primarily by a sharp month-on-month decline in fuel prices. GOOD’s secretary-general, Brett Herron, says citizens urgently need an economy that will create long-term jobs, and […]

today21 November, 2024

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Namibia

NSX Unveils New Brand Identity, Celebrates Scholars Investment Challenge Winners

  The Namibia Securities Exchange has unveiled a bold new brand identity, marking a significant transformation in its mission to expand and diversify Namibia’s capital markets. At an event on November 15, 2024, NSX also celebrated the winners of the NSIC 2024, a competition that encouraged young Namibians to showcase their investment skills. The rebranding and competition highlight the NSX's commitment to fostering economic growth and nurturing the country’s future […]

today20 November, 2024

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 […]

today20 November, 2024

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South Africa

DA says the latest unemployment figures attest to its commitment to South Africans

The DA says the latest unemployment figures attest to its commitment to South Africans, sustainable, inclusive economic growth, and meaningful job creation. StatsSA’s latest Quarterly Labour Force Survey reveals a decrease in the unemployment rate from 33.5-percent to 32.1-percent. However, youth unemployment continues to sit high at 43.2-percent. The DA says this green shoots in jobs numbers must accelerate economic reform including breaking Eskom’s power monopoly and addressing weak service […]

today13 November, 2024

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Local

NAMCOR UPDATE ON UPSTREAM OPERATIONS

Windhoek, Namibia — The National Petroleum Corporation of Namibia (NAMCOR) provides an update on the country's ongoing upstream activities. NAMCOR Exploration and Production (E&P), in collaboration with joint venture partners in PELs 56, 83, 85, and 90, will commence drilling four exploration and appraisal wells in the Orange Basin, offshore Namibia, between Q4 2024 and Q1 2025. This expansion in upstream oil and gas activities follows successful discoveries since 2022, […]

today12 November, 2024

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Local

Nictus Holdings Group of Companies Expands with Strategic Acquisition of Build IT Walvis Bay Branch

Walvis Bay, Namibia – 06 November 2024 – Nictus Holdings Group of Companies, a leading name in retail, furniture, and insurance services in Namibia, is proud to announce the acquisition of the Build IT Walvis Bay branch. This strategic move is part of Nictus’s ongoing commitment to growth, community development, and providing comprehensive services to its customer base across Namibia. The Build IT Walvis Bay branch has been an integral […]

today12 November, 2024

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Uncategorized

8 November 2024 Morning Biz News: Global Financial Trends: Inflation, Interest Rates, and Economic Shifts Impacting Namibia and Beyond

    In the face of global economic challenges, key financial developments are shaping markets worldwide, from inflation trends to shifting interest rates, and changes in trade policies. Recent updates highlight how Namibia is positioned within these global trends, with a strong focus on inflation, exchange rates, and monetary policies that influence everything from local purchasing power to international trade dynamics. Here’s an overview of the most important financial updates […]

today8 November, 2024