insert_link Africa Africans who apply for Schengen visas face high rejection rates – migration scholar explains why By Mehari Taddele Maru, European University Institute Africans face a high rejection rate for visas to enter the Schengen group of countries. The group is made up of 29 European countries that have officially abolished border controls at their mutual borders. A Schengen visa is an entry permit for non-EU nationals which would allow them to make a short, temporary visit of up to 90 days in […] todaySeptember 20, 2024 16
insert_link Business / Economics President Mbumba attends China-Africa forum in Beijing President Nangolo Mbumba has left for Beijing, China, to join over 50 African leaders at the Forum on China-Africa Cooperation. The meeting will focus on strengthening China's strategic partnership with Africa in the post-Covid era, with talks expected to center on climate, energy, and digital cooperation. UNAM economics lecturer Dr. Omu Kakujaha-Matundu says these Africa-China relations should be based on mutual understanding. todaySeptember 2, 2024 23
insert_link Business / Economics Namibia Breweries Contributes N$2.4 Billion to Economy and Expands Global Presence Namibia Breweries Limited has contributed N$2.4 billion to the local economy through corporate taxes, customs duties, and excise fees reports The Brief. In the past year alone, the company paid N$800 million in corporate taxes and N$1.6 billion in customs and excise duties. NBL's beer exports reached N$747 million in 2023, reflecting its global competitiveness. Additionally, NBL was a major driver of foreign direct investment, with Heineken increasing its shareholding […] todayAugust 23, 2024 18
insert_link Business / Economics 5 June 2024 Morning Biz News: Global Economic Landscape: Namibia’s Walvis Bay Leads Trade, Rand Dips Amid Political Shifts, Nigerian Banks Adapt, and Markets Tread Cautiously Namibia's Walvis Bay Harbour Emerges as Leading Trade Gateway In April, Walvis Bay Harbour solidified its position as Namibia's premier trade gateway, boasting the highest trade volumes for both exports and imports among the country's ports. According to data from The Brief, the Namibia Statistics Agency reported that Walvis Bay Harbour managed a staggering N$3.8 billion in exports and N$5.2 billion in imports during the month. This significant achievement underscores […] todayJune 5, 2024 11
insert_link Namibia Investor Concerns Rise Over South African Elections and Potential Impact on Namibia The change in South African leadership following the recent elections has left investors apprehensive about the stability of its democracy. Business and Economics expert Josef Kefas Sheehama has weighed in on the potential effects this could have on Namibia, given that the Namibian Dollar is pegged to the South African Rand on a 1:1 basis. todayJune 3, 2024 41
insert_link Business / Economics 23 May 2024 Morning Biz News: Empowering Smallholder Farmers and Supporting Black-Owned Businesses: This Week’s Business Roundup In the dynamic landscape of global business, several significant developments have emerged this week, highlighting strides in empowerment and economic growth. From grassroots initiatives supporting smallholder farmers to multinational corporations investing in community upliftment, here's a roundup of the latest in business news: 1. Empowering Smallholder Farmers with Community-Based Projects Smallholder farmers, often the backbone of agricultural communities, have achieved a remarkable milestone through the World Food Programme's (WFP) […] todayMay 23, 2024 10
insert_link Business / Economics 22 May 2024 Morning Biz News: Regional Insights: Africa’s Economic Dynamics and Global Market Trends As the global economy continues to navigate through uncertain waters, recent developments across key African economies shed light on both challenges and opportunities within the region. From discussions on trade facilitation to monetary policy adjustments, here's a comprehensive overview of the latest business news shaping the landscape: 1. Unlocking Commerce Potential in East and Southern Africa Addressing the 39th Regional Steering Group (RSG) Meeting of the World Customs Organization […] todayMay 22, 2024 5
insert_link Business / Economics 21 May 2024 Morning Biz News: Let’s Explore the Latest Financial Developments In the dynamic landscape of business and finance, staying updated with the latest news and market movements is essential. Here's a snapshot of recent noteworthy events in the realm of commerce and investment: Let she go Holdings Namibia's Successful N$260 Million Offering Let she go Holdings Namibia recently made waves by issuing a N$260 million three-year senior unsecured social note on the Namibian Stock Exchange. This move garnered […] todayMay 21, 2024 9
insert_link Namibia Researcher Discusses Parastatals’ Impact on Namibia’s Economy, Focuses on TransNamib Business and economics researcher Josef Sheehama has highlighted the significance of parastatals, notably TransNamib, in molding Namibia's economic framework. Sheehama's emphasises on TransNamib's contributions and influence. todayMay 20, 2024 54