insert_link Business / Economics Business Researcher Josef Sheehama’s Insights on Parastatals: TransNamib’s Role in Namibia’s Economic Revival In a recent interview, business and economics researcher Josef Sheehama shed light on the pivotal role of parastatals, particularly TransNamib, in shaping Namibia's economic landscape. Sheehama's analysis delves into the intricate relationship between state entities, employment, trust, and economic growth, offering valuable insights for policymakers and stakeholders alike. At the heart of Sheehama's discourse lies the nexus between trust and employment within parastatals. He underscores the significance of TransNamib […] todayMay 20, 2024 13
insert_link Business / Economics 17 May 2024 Morning Biz News: Global Financial Landscape: Insights from Namibia to Asia In the dynamic world of finance, each day unveils a new narrative, weaving together the intricate threads of economic indicators and market movements. From the southern tip of Africa to the bustling trading floors of Asia, the past week has been a tapestry of noteworthy developments that offer insights into the global financial landscape. 1. Namibia Revenue Agency's Surprising Triumph The Namibia Revenue Agency (NamRA) has emerged as a beacon […] todayMay 17, 2024 21
insert_link Business / Economics 14 May 2024 Morning Biz News: Namibian Ports Authority Hits Record 8 Million Tonnes Cargo Milestone, Rand Strengthens Amid Dollar Decline: Key Financial Highlight Namibian Ports Authority Hits Record 8 Million Tonnes Cargo Milestone The Namibian Ports Authority (NAMPORT) has achieved a significant milestone in its fiscal year ending on March 31, 2024, by managing a staggering 8 million tonnes of cargo. This achievement marks a notable 4% increase from the previous year's record of 7.7 million tonnes, as reported by The Brief. Elias Mwenyo, NAMPORT's Executive for Commercial Services, attributed this remarkable feat […] todayMay 14, 2024 24
insert_link Business / Economics 13 May 2024 Morning Biz News: Namibia Sees Sharp Decline in Private Sector Credit, Rand Stable Ahead of U.S. Data Release, Oil Prices Slide Amidst Economic Concerns: Financial Update Private Sector Credit Disbursements in Namibia Witness Sharp Decline: Official data has revealed a significant downturn in private sector credit disbursements in Namibia over the past year. The figures indicate a notable 65.7% decrease, with disbursements totaling N$1.44 billion compared to N$4.21 billion issued during the preceding equivalent period. The normalized cumulative credit outstanding, excluding interbank swaps and accounting for non-resident private sector claims, stands at N$112.7 billion, as reported […] todayMay 13, 2024 15
insert_link Business / Economics 10 May 2024 Morning Biz News: Renewable Energy Innovation, Currency Trends, and Economic Projections: A Comprehensive Overview of Today’s Financial Landscape” Daures Green Hydrogen Village Collaborates with Delft Offshore Turbine for Innovative Clean Energy Solution In a significant stride towards sustainable energy production, the Daures Green Hydrogen Village and Delft Offshore Turbine (DOT) have inked a letter of intent. This partnership aims to integrate a DOT turbine into the infrastructure of the Daures Green Hydrogen Village, heralding a new era of renewable energy innovation. The DOT turbine distinguishes itself by not […] todayMay 10, 2024 16
insert_link Business / Economics 08 May 2024: Morning Biz News: Global Economic Update: NamPower Secures Funding, Amazon Enters South Africa, Nigeria Imposes Money Transfer Levy, Dollar Strengthens 1. NamPower Secures N$2.6 Billion from World Bank for Energy Project: Namibia's power utility, NamPower, has clinched a significant funding boost from the World Bank. The N$2.6 billion secured for its Transmission Expansion and Energy Storage Project marks a pivotal moment, representing the first energy project support from the World Bank to Namibia. The investment will be channeled towards bolstering the country's transmission network, signaling a commitment to enhancing […] todayMay 8, 2024 19
insert_link Business / Economics EXCLUSIVE: Independent Business And Economics Researcher, Josef Kefas Sheehama on Shell’s Potential Departure from South Africa: Implications and Opportunities As the global economic landscape continues to shift, recent developments have put South Africa and its neighboring countries on high alert. Josef Kefas Sheehama, an Independent Business and Economics Researcher, sheds light on the imminent withdrawal of Shell from South Africa after a remarkable 122-year presence. In a recent interview, Sheehama outlined the potential repercussions and highlighted opportunities for South Africa and Namibia amidst this transition. Sheehama emphasizes the magnitude […] todayMay 7, 2024 33
insert_link Business / Economics 30 April 2024 Morning Biz News: Biz News Recap: Insights into Global Economic Developments Namibia's Beef Exports Surge in Q1 2024: Namibia's beef exports saw a significant uptick in the first quarter of 2024, with official figures indicating a total export volume of 2.9 million kilograms. The Brief reported that nearly half of these exports, approximately 1.27 million kilograms, were destined for the European Union. This surge in beef exports reflects Namibia's growing role in the global meat market. South Africa's Rand Strengthens: South […] todayApril 30, 2024 18
insert_link 2 Business / Economics EXCLUSIVE INTERVIEW; Navigating the Impact of Rising Fuel Prices and Electricity Tariffs: Insights from Josef Kefas Sheehama In the midst of economic challenges and the aftermath of the COVID-19 pandemic, Namibians are grappling with the harsh reality of increasing fuel prices and electricity tariffs. Josef Kefas Sheehama, an observer of socioeconomic trends, sheds light on the pressing issues facing many households in Namibia and offers perspectives on the road ahead. Sheehama begins by acknowledging the significant burden that rising fuel and electricity costs place on individuals already […] todayApril 30, 2024 14 2
