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

Economics

79 Results / Page 5 of 9

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Business / Economics

20 March 2024 Morning Biz News: Latest Financial Highlights: Dividends, Solar Power Initiative, Oil Prices, and Market Trends

  FirstRand Namibia Announces Dividend Payment to Government Institutions Pension Fund: FirstRand Namibia has declared dividends amounting to over 321 million Namibian dollars to the Government Institutions Pension Fund. These dividends, stemming from the financial year ending June 2023, underscore the strong performance of FirstRand Namibia's diverse portfolio of financial services businesses. Noteworthy subsidiaries contributing to this success include FNB Namibia, RMB Namibia, WesBank Namibia, Ashburton Investments Namibia, and PointBreak […]

todayMarch 20, 2024 22

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Interview Transcripts

EXCLUSIVE INTERVIEW: A Call for Action: Economic Inclusion for People with Disabilities in Namibia

In a recent interview with independent business and economic researcher Josef Kefas Sheehama, the pressing issue of economic inclusion for people with disabilities in Namibia took center stage. With a candid assessment of the current situation, Sheehama shed light on the dire need for proactive measures to address the staggering levels of unemployment and neglect faced by this segment of the population. Opening the conversation, Sheehama emphasized the critical importance […]

todayMarch 18, 2024 20

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Business / Economics

18 March 2024: Morning Biz News: Financial Snapshot: Key Indicators in Focus

Standard Bank Holdings Namibia Reports Robust Profit Growth: Standard Bank Holdings Namibia has announced a significant increase in profit after tax for the period ending December 31, 2023. The reported profit surged to N$770 million, marking a notable 23.3% rise from the previous year's figure of N$624 million. This impressive growth is attributed to several factors, including a 24.6% increase in net interest income, largely driven by ongoing repo rate […]

todayMarch 18, 2024 17

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Namibia

Independent Researcher Urges Government Officials and Associations to Address Disability Issues

In an exclusive interview, Josef Kefas Sheehama implored Deputy Ministers and relevant associations to come together in finding swift and effective solutions to the challenges faced by people with disabilities in Namibia. The independent Economic and Business Researcher stressed the importance of unified efforts to ensure equal opportunities and access to employment, education, and essential services for this marginalized segment of society.  

todayMarch 18, 2024 27

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Business / Economics

15 March 2024 Morning Biz News: Recent Developments in Business and Finance

1. Custos Energy Strikes Oil in Mopane-2X Well Custos Energy has made a significant breakthrough with the discovery of high-quality light oil during the drilling of the Mopane-2X well. Galp Energia, a subsidiary of Portugal's Galp, leads the operation under Petroleum Exploration Licence 83, holding an 80% interest. The National Petroleum Corporation retains a 10% stake, with Custos Energy holding the remaining 10% working interest. 2. PAR Group Announces Expansion […]

todayMarch 15, 2024 6

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Business / Economics

14 March 2024 Morning Biz News: Strategic Expansion: Namib Desert Diamonds Targets Far East Markets

Namib Desert Diamonds (NAMDIA) has set its sights on the Far East, with a strategic push into markets in Vietnam and Hong Kong. This move, spearheaded by Alisa Amupolo, the Chief Executive Officer of NAMDIA, aims to leverage emerging opportunities and position the company for substantial revenue growth in the region. The announcement of this expansion underscores the growing significance of Far East markets in the global diamond trade. With […]

todayMarch 14, 2024 13

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Business / Economics

13 March 2024 Morning Biz News: Lüderitz Poised to Lead in Oil and Gas Sector with Inaugural Local Content Conference

Lüderitz, a coastal town in Namibia, is gearing up to take center stage in the burgeoning oil and gas industry. Set to host the first-ever local content conference and exhibition next month, Lüderitz aims to position itself as a pivotal player in this rapidly evolving sector. The conference, with its primary objective of identifying industry gaps and fostering opportunities for local participation across the oil and gas value chain, marks […]

todayMarch 13, 2024 304

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Business / Economics

EXCLUSIVE INTERVIEW: Unpacking the National Budget: Insights from Independent Business and Economic Researcher Josef Sheehama

  As we delve into the recent national budget with the insights of independent business and economic researcher, Josef Sheehama. In a recent interview, Sheehama shared his perspective on the budget allocation, emphasizing both positives and concerns regarding the distribution of funds. Youth Allocation Highlights Positives, but Agriculture Faces Shortcomings The budget, as described by Sheehama, has some commendable aspects, particularly the allocation of 45% to youth initiatives. This is […]

todayMarch 12, 2024 13

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Business / Economics

12 March 2024 Morning Biz News: Pupkewitz Group Expands Beyond Namibia, Financial Indicators, and Global Market Highlights

  Pupkewitz Group's International Endeavors The Pupkewitz Group, a prominent Namibian conglomerate, has taken a significant step toward international expansion with the inauguration of its first retail store outside Namibia. The Megatech branch, located in Upington, South Africa, marks the Group's foray into new markets. Andrea Barry, Chair of the Megatech Board and a Director at Pupkewitz Holdings, emphasized the strategic advantage of Namibia's geographical positioning, allowing the Group to […]

todayMarch 12, 2024 22

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