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

Economics

79 Results / Page 4 of 9

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Business / Economics

Weekly Economics Wrap: March 21-28, 2024

  As the global economic landscape continues to evolve, this week's wrap-up brings forth significant developments from Namibia, South Africa, across Africa, and internationally. From record-breaking achievements in the mining sector to ambitious economic reforms and market movements, here's a glimpse of the key highlights: Namibia: Andrada Mining's Milestone Performance: Andrada Mining proudly announced record-breaking production figures for the fiscal year 2024 (FY24), accompanied by a robust cash balance of […]

todayMarch 28, 2024 18

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Business / Economics

28 March 2024 Morning Biz News: Economic Insights: Record Mining Production, Nigeria’s Economic Overhaul, and Global Market Trends

  In the dynamic landscape of global economics, recent developments highlight both achievements and strategic shifts aimed at fostering growth and stability. From record-breaking production figures in the mining sector to comprehensive economic reforms in Nigeria, coupled with fluctuations in oil prices and currency markets, these events offer insights into the current state of affairs and future trajectories. Andrada Mining's Milestone Performance Andrada Mining has made headlines with its remarkable […]

todayMarch 28, 2024 21

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Business / Economics

27 March 2024 Morning Biz News: Financial Indicators Roundup: Updates and Analysis

In the dynamic landscape of global finance, recent developments across various sectors have sparked considerable interest and analysis. Let's delve into the latest financial indicators to glean insights into key economic trends: Namibia's Green Hydrogen Project Gears Up for Operations: Obeth Kandjoze, Chairperson of the Namibia Green Hydrogen Council, has announced significant progress in the Daures Green Hydrogen Village project. Currently at 80% completion, the project is set to commence […]

todayMarch 27, 2024 24

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Namibia

Expert Emphasizes Transparency as Key in State-Owned Enterprises

Independent business researcher Josef Sheehama has underscored the paramount significance of transparency in state-owned enterprises, commonly referred to as parastatals. Addressing the matter, Sheehama pointed out the clear connection between the absence of transparency and the widespread occurrence of corruption within these organizations.  

todayMarch 26, 2024 23

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Business / Economics

EXCLUSIVE INTERVIEW: Independent Business and Economics Researcher Josef Kefas Sheehama Advocates for Parastatal Transparency

In a recent statement, Josef Sheehama emphasized the critical importance of transparency within state-owned enterprises, also known as parastatals. Speaking on the issue, Sheehama highlighted the direct correlation between the lack of transparency and the prevalence of corruption within these entities. Sheehama asserted that without adequate transparency and accountability measures in place, corruption becomes an enticing prospect for individuals seeking personal enrichment at the expense of public resources. He underscored […]

todayMarch 26, 2024 19

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Business / Economics

25 March 2024 Morning Biz News: Financial Insights: Updates from the Global Market

1. Fitch Ratings Affirms Development Bank of Namibia's Ratings Despite Losses Fitch Ratings recently announced its decision to maintain the Development Bank of Namibia Limited's Long-Term Issuer Default Ratings at 'BB-' and its National Long-Term Rating at 'AA+(zaf)', with a stable outlook. Despite facing a setback with a N$270 million loss in the 2023 financial year due to high loan impairment charges, Fitch remains optimistic about the bank's future. The […]

todayMarch 25, 2024 14

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Business / Economics

Global Financial Landscape: Collaborative Initiatives and Market Dynamics

Germany and Namibia Join Forces for Green Hydrogen Initiative In a significant stride towards sustainable energy development, Germany and Namibia have inked a pivotal agreement to bolster the Green Hydrogen Namibia Programme. This collaborative effort signifies a dedicated push towards constructing local H2 value chains aimed at fostering socio-economic growth while prioritizing environmental sustainability. The Green Hydrogen Namibia Programme, a newly established organization, emerges as a beacon of hope in […]

todayMarch 22, 2024 7

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